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Sources: Salient, which uses AI to automate loan servicing, raised $10M following a $60M Series A in June, pushing its valuation to ~$500M; its ARR hit $25M (Lily Mae Lazarus/Fortune)

Lily Mae Lazarus / Fortune : Sources: Salient, which uses AI to automate loan servicing, raised $10M following a $60M Series A in June, p...

1 June 2024

YC is lobbying in Washington to support "Little Tech" over concerns that AI regulations meant to head off harms will instead help Big Tech maintain its lead (Politico)

Politico:
YC is lobbying in Washington to support “Little Tech” over concerns that AI regulations meant to head off harms will instead help Big Tech maintain its lead  —  Venture capital firms are bringing San Francisco's startup culture to Washington as they try to tip the regulatory scales away from giants in the sector.

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