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Bolt’s One-Click Checkout Company Announces Departure of CEO Maju Kuruvilla

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Maju Kuruvilla is no longer CEO of one-click checkout company Bolt. Kuruvilla didn’t have much to say about the change but did confirm it both on LinkedIn and X, by posting, simply “One-Click Checkedout from @bolt! Kuruvilla, the former Amazon executive, took over as CEO in January 2022 after founder Ryan Breslow stepped down. That is when Bolt was seeking a $355 million Series E round that valued the company at $11 billion. More recently, Bolt signed a deal with Checkout in which Bolt became Checkout.com’s “exclusive one-click checkout provider” and Checkout.com becoming “Bolt’s preferred payment partner.”Want more fintech news in your inbox?

“Renowned AI Experts Unite to Advocate for Anti-Deepfake Laws”

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Hundreds in the artificial intelligence community have signed an open letter calling for strict regulation of AI-generated impersonations, or deepfakes. While this is unlikely to spur real legislation (despite the House’s new task force), it does act as a bellwether for how experts lean on this controversial issue. Criminal penalties are called for in any case where someone creates or spreads harmful deepfakes. As you can see, there is no shortage of reasons for those in the AI community to be out here waving their arms around and saying “maybe we should, you know, do something? !”Whether anyone will take notice of this letter is anyone’s guess — no one really paid attention to the infamous one calling for everyone to “pause” AI development, but of course this letter is a bit more practical.