Google has unveiled its Safety Charter in India, which will expand its AI-led developments for fraud detection and combating scams across the country, the company’s largest market outside the United States. Digital fraud in India is rising. Fraud related to the Indian government’s instant payment system UPI grew 85% year-over-year to nearly 11 billion Indian...
Category: Tech Crunch
Spotify’s Daniel Ek just bet bigger on Helsing, Europe’s defense tech darling
Spotify’s Daniel Ek just led a €600 million investment in Helsing, a four-year-old, Munich-based defense tech company that is now valued at €12 billion, according to the Financial Times. The deal makes it one of Europe’s most valuable privately held companies; it also highlights Europe’s scramble to build its own military muscle as the world...
You can now set up double dates with friends on Tinder
Tinder launched a new Double Date feature, which allows users to team up with friends and chat with potential matches together.
The cracks in the OpenAI-Microsoft relationship are reportedly widening
OpenAI and Microsoft have an increasingly strained relationship, according to a recent WSJ report.
Finland warms up the world’s largest sand battery, and the economics look appealing
Pornainen recently turned on a 100 MWh thermal battery filled with ground up soapstone.
Spiraling with ChatGPT
ChatGPT seems to have pushed some users towards delusional or conspiratorial thinking, according to a recent feature in The New York Times.
Taiwan places export controls on Huawei and SMIC
Chinese companies Huawei and SMIC may have a difficult time accessing resources needed to build AI chips, due to Taiwanese export controls.
Alexa von Tobel has high hopes for ‘fintech 3.0’
It’s been 10 years since Alexa von Tobel sold her financial planning startup LearnVest to Northwestern Mutual for a reported $375 million. Since then, von Tobel became Northwestern Mutual’s first chief digital officer, then chief innovation officer, before launching an early-stage venture firm of her own, Inspired Capital, with former U.S. Secretary of Commerce Penny...
Aspora gets $50M from Sequoia to build remittance and banking solutions for Indian diaspora
India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to $118.7 billion in 2023-24, according to data from the country’s central bank. The bank projects that figure will reach $160 billion in 2029. This means there is an...
The U.S. Navy is more aggressively telling startups, ‘We want you’
While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How so? Well, the Navy’s chief technology officer, Justin Fanelli, says he has spent the last two and a half years...