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Pruna AI open sources its AI model optimization framework

Pruna AI, a European startup that has been working on compression algorithms for AI models, is making its optimization framework

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Amid calls for sovereign EU tech stack, Evroc raises $55M to build a hyperscale cloud in Europe

A Swedish startup aiming to build a hyperscale cloud company in Europe has raised €50.6 million ($55 million) in Series

TECH

Michael Seibel is leaving Y Combinator

Michael Seibel announced late Wednesday on X that after more than 12 years at the famed accelerator Y Combinator, he

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ChatGPT hit with privacy complaint over defamatory hallucinations

OpenAI is facing another privacy complaint in Europe over its viral AI chatbot’s tendency to hallucinate false information — and

TECH

SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee

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ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

Debt collection in emerging markets often feels outdated, and can be costly — damaging borrower trust. As consumer lending surges

TECH

Analytics company Dataminr secures $85M to fund growth

Dataminr, a data analytics company that counts NATO and OpenAI among its customers, has raised $85 million in a combination

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GM, Gatik, Torc team up with Nvidia to accelerate self-driving

Nvidia’s GTC conference kicked off with a series of announcements highlighting its role in advancing autonomous driving technology. The chipmaker

TECH

In another good sign for fintech, Ribbit Capital is raising a new $500M fund

Ribbit Capital, a venture firm known for its fintech investments, is raising $500 million for a new fund, a filing

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Judge orders Citibank to release nonprofit funds, rejects EPA’s arguments

A federal judge Tuesday found the Environmental Protection Agency (EPA) acted in an “arbitrary and capricious” manner when terminating contracts