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Google search ads spotted in compromising placements

Adalytics’ report contains a long list of the advertisers whose Google search ads it reports being able to observe displayed on US Treasury OFAC SDN sanctioned, Iranian, and/or pornographic websites — including the following public bodies, companies, organizations and politicians: The United States Treasury; the …

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AWS takes the cheap shots

The rise of generative AI opens up a massive new market for the large cloud providers, but it’s also a bit of a reset. Unlike the rise of containers, for example, generative AI is an entirely new market. Some players who have long lagged behind …

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TC+ Roundup: The venture downturn isn’t the end for Australia and New Zealand

Australia and New Zealand are facing the same challenges as the rest of tech: valuations have come back down, early-stage funding is up, and investors want their businesses to focus on sustainable long-term growth and a clear path to revenue. Full TechCrunch+ articles are only …

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Building for Medicaid’s regulatory moment with Neil Batlivala from Pair Team

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Neil Batlivala, the CEO and co-founder at Pair Team, a startup building infrastructure to help the most vulnerable populations get the clinical and social care …

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Webull leaps into Mexico with acquisition of stock trading app Flink

Popular stock trading app Webull has acquired Mexican investment platform Flink, giving it an entry into the Mexico market. Financial terms of the deal were not disclosed. Although Webull has China roots, it is based in the United States and rivals Robinhood in the country …

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Amazon unveils new chips for training and running AI models

There’s a shortage of GPUs as the demand for generative AI, which is often trained and run on GPUs, grows. Nvidia’s best-performing chips are reportedly sold out until 2024. The CEO of chipmaker TSMC was less optimistic recently, suggesting that the shortage of GPUs from Nvidia — …

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The 2024 IPO cohort is coming into focus as Shein, Reddit prep to go public

What will come first: the heat death of the universe or Reddit’s IPO? It appears the self-professed “front page of the internet” is once again gearing up for a public offering, Bloomberg reports. Back in 2017, the company aimed to go public by 2020, then …

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Pika Labs, which is building AI tools to generate and edit videos, raises $55M

The generative AI hype hasn’t died down yet. Case in point, Pika Labs, a startup creating an AI-powered platform to edit and generate videos from captions and still images, today announced that it raised $55 million in a funding round led by Lightspeed Venture Partners …

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Candex lands $45M infusion to grow its procurement management business

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from WiL (World Innovation Lab), Altos, NFX, Craft, JP …

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AWS brings Amazon One palm-scanning authentication to the enterprise

Amazon’s cloud computing subsidiary AWS (Amazon Web Services) has lifted the lid on a new palm-scanning identity service that allows companies to authenticate people when entering physical premises. The announcement comes as part of AWS’s annual Re:Invent conference, which is running in Las Vegas for …

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