Exclusive: AI inference startup Modal Labs in talks to raise valuation to $2.5 billion, sources say

Modal Labs, a startup specializing in AI inference infrastructure, is raising a new round at a valuation of about $2.5 billion, according to four people with knowledge of the deal. Should the deal close on these terms, the financing round would more than double the company’s valuation $1.1 billion announced less than five months ago. […]

Humans& thinks coordination is the next step for AI, and they’re building a model to prove it | TechCrunch

AI chatbots are getting better at answering questions, summarizing documents, and solving math equations, but they still largely act like helpful assistants for one user at a time. They’re not designed to handle the messier work of true collaboration: coordinating people with competing priorities, tracking long-term decisions, and keeping teams aligned over time. Humans&, a […]

Former Splunk executives’ startup Resolve AI reaches $1 billion valuation with Series A | TechCrunch

Resolve AI, a startup developing an autonomous Site Reliability Engineer (SRE), a tool that automatically maintains software systems, has launched a Series A led by Lightspeed Venture Partners, according to three people familiar with the deal. The nominal valuation for the new round is $1 billion, sources said. However, the company’s actual blended valuation was […]

Labor accused of trying to ‘nationalise’ car industry with 150,000 Motability cars

LABOR has been accused of trying to ‘nationalise’ the British car industry by leasing thousands more British cars under Motability. Ten years from now, the taxpayer-funded plan aims to lease 150,000 custom cars – up from just 22,000 today. Sign up for Scottish sun newsletter Thank you! Labor has been accused of trying to ‘nationalise’ […]

No, you can’t get your AI to ‘admit’ it’s sexist, but it probably is | TechCrunch

In early November, a developer nicknamed Cookie had a routine conversation with Perplexity. She often tasks herself with reading her developer work in quantum algorithms and writing readme files and other documents for GitHub. She is a Pro subscriber and uses the service in ‘best’ mode, which means she chooses which underlying model to use […]

Bug in jury systems used by several US states exposes sensitive personal data | TechCrunch

Several public websites designed to allow courts in the United States and Canada to manage the personal information of potential jurors had a simple security flaw that could easily expose their sensitive data, including names and home addresses, TechCrunch has exclusively learned. A security researcher, who asked not to be identified for this story, contacted […]