The Latest

Hugging Face introduces a performance evaluation tool for evaluating health-related generative AI models

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As I wrote recently, generative AI models are increasingly being brought to healthcare settings — in some cases prematurely, perhaps. Hugging Face, the AI startup, proposes a solution in a newly released benchmark test called Open Medical-LLM. Hugging Face is positioning the benchmark as a “robust assessment” of healthcare-bound generative AI models. It’s telling that, of the 139 AI-related medical devices the U.S. Food and Drug Administration has approved to date, none use generative AI. But Open Medical-LLM — and no other benchmark for that matter — is a substitute for carefully thought-out real-world testing.
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Ibotta’s Initial Public Offering Experiences Favourable Reception, Signaling Growing Interest in Technology Stocks from the Public Market

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Shares are not continuing to climb in early trading, but are holding steady above its IPO price, at around $100 at the time of writing. Its successful debut marks the third major tech IPO in the United States this year, and is the third in a row to price well and immediately trade higher. Investor eagerness for Ibotta indicates that “there is an increasing appetite for IPOs again” Smith said, “particularly in the tech space.”Don’t pop the champagne yet for the tech IPO market coming roaring back, however. Classic tech IPOs tend to feature tech companies still in growth mode and deeply in the red. Smith agrees, calling the upcoming Rubrik IPO “an even bigger test” for tech debuts “given its weaker current financial picture.”We’ll find out next week.
Read MoreIbotta’s Initial Public Offering Experiences Favourable Reception, Signaling Growing Interest in Technology Stocks from the Public Market

Robotic Assistance: The Diminishment of Human Job Fulfillment

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In the short term, many employers have complained of an inability to fill roles and retain workers, further accelerating robotic adoption. One aspect of the conversation that is oft neglected, however, is how human workers feel about their robotic colleagues. But could the technology also have a negative impact on worker morale? The institute reports a negative impact to worker-perceived meaningfulness and autonomy levels. As long as robots have a positive impact on a corporation’s bottom line, adoption will continue at a rapidly increasing clip.
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Potential Acquisition: Wiz in Discussions to Purchase Lacework for $150-200 Million, Valued at $8.3 Billion

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Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last funding round — is in talks to be acquired by another security player, Wiz, for a price of just $150–$200 million. Wiz — valued at around $10 billion — is one of them. The company is positioning itself as a one-stop-shop for all things cloud security en route to its IPO. Earlier this month Wiz acquired Gem Security for $350 million, and it sounds like the M&A will not end with Laceworks. We are always exploring compelling M&A opportunities that will enhance both our technological capabilities and business expansion, as we strive to build the world’s leading cloud security platform.”
Read MorePotential Acquisition: Wiz in Discussions to Purchase Lacework for $150-200 Million, Valued at $8.3 Billion

Alive and Kicking: Tesla Semi Charging Corridor Project Survives Biden Administration Funding Snub

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Combined with around $24 million of its own money, Tesla wanted to build nine electric semi-truck charging stations between Laredo, Texas and Fremont, California. “The project will help create a hydrogen corridor from southern California to Texas,” the Department of Transportation wrote in a statement in January. “Funding hydrogen stations will go down as purely wasted money,” Patel told TechCrunch this week. While he no longer speaks on behalf of Tesla, he also criticized funding hydrogen infrastructure when he was still with the company. Despite all this, the Tesla Semi program is still slowly attracting customers.
Read MoreAlive and Kicking: Tesla Semi Charging Corridor Project Survives Biden Administration Funding Snub

“Cape Rakes in $61M from A16Z and Beyond for Privacy-Focused Mobile Service”

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That’s privacy by design.”The funding is notable in part because Cape appeal to users is not yet proven. The latest round is being co-led by A* and Andreessen Horowitz, with XYZ Ventures, ex/ante, Costanoa Ventures, Point72 Ventures, Forward Deployed VC, and Karman Ventures also participating. Those jobs may exposed him to users (government departments) who treated the security of personal information and privacy around data usage as essential. (Cape today also announced a partnership with USCellular — which itself provides a MNVO covering 12 cellular networks, and Doyle said that it’s talking with other telcos, too). Although payments for this might be anonymous, a user’s data is still routed through the network infrastructure of the underlying carrier, making a users movements and usage observable.
Read More“Cape Rakes in $61M from A16Z and Beyond for Privacy-Focused Mobile Service”

“Mastering Your iPhone: Playing Pokémon and Other Game Boy Classics”

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Apple finally updated its App Store guidelines to allow global developers to host retro game emulators on iOS. Now, at long last, Testut has released a Game Boy emulator directly into the iOS App Store, where it’s already climbed to #1 on the entertainment charts. Delta, the emulator, even supports DS, N64, SNES and NES games, in addition to Game Boy Color and Game Boy Advance games. If you’re a Paladin-esque rule follower, you can use a tool like Epilogue’s GB Operator, which can rip .ROM files directly from the Game Boy games that you already own. So, now that you have legally obtained your .ROM file, how do you get it onto your phone?
Read More“Mastering Your iPhone: Playing Pokémon and Other Game Boy Classics”

“Huge Stolen Sanctions and Financial Crimes Watchlist at Risk: Hackers Vow to Expose”

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Hackers are threatening to publish a huge stolen sanctions and financial crimes watchlist The stolen World-Check database contains 5.3 million recordsA financially motivated hacking group says it has stolen a confidential database containing millions of records that companies use for screening potential customers for links to sanctions and financial crime. The hackers, which call themselves GhostR, said they stole 5.3 million records from the World-Check screening database in March and are threatening to publish the data online. A portion of the stolen data, which the hackers shared with TechCrunch, includes individuals who were sanctioned as recently as this year. The incident involves a third party’s data set, which includes a copy of the World-Check data file. Banking giant HSBC shut down bank accounts belonging to several prominent British Muslims after the World-Check database branded them with “terrorism” tags.
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Assist NASA in Retrieving Martian Rocks: A Call to Action

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NASA’s decision to scrap its $11 billion, 15-year mission to Mars to bring back samples could create a startup feeding frenzy, TechCrunch reports. Describing its plans as too slow, and too expensive, NASA is going back to the drawing board, with an eye on getting the space industry to help. But space startups are not worried about it. So, the NASA money might have a bunch of startup-sized buckets to drip into, and I am here for it. To that end, if any startup that works with NASA on the Mars rock mission needs a human to send up there to check on the dials and such, I’m your guy.
Read MoreAssist NASA in Retrieving Martian Rocks: A Call to Action

Introducing Meta’s AI Chatbot, Empowered by Llama 3, to Enhance User Experience in All Apps

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Chasing after other popular services in the market such as those from OpenAI, Mark Zuckerberg claimed today that Meta AI is possibly the “most intelligent AI assistant that you can freely use.”Meta first rolled out Meta AI in the U.S. last year. Meta said that it plans to keep Meta AI in test mode in India. New featuresUsers could already ask Meta AI for writing or recipe suggestions. Plus, they can ask Meta AI to animate an image or turn an image into a GIF. All AI things everywhere at onceMeta is adopting the approach of having Meta AI available in as many places as it can.
Read MoreIntroducing Meta’s AI Chatbot, Empowered by Llama 3, to Enhance User Experience in All Apps