A profile of Jacob Tsimerman, who won the Fields Medal last week and is taking a leave from the University of Toronto to join OpenAI and work on AI safety — Jacob Tsimerman won the biggest prize in math. Now he's working on the most important problem of his career.
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Chinese VC firms are rushing to raise new funds after three years of record-low fundraising, amid renewed enthusiasm for China's tech, AI, and robotics sectors — Managers capitalise on investors' desire to ‘hedge’ against US market bets — China's venture capital firms are rushing …
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LemonEdge, a fund accounting and operations software provider for the private markets sector, raised a $21M Series A led by Blackstone Innovations Investments — LemonEdge, a fund accounting platform designed specifically for the private markets sector, has secured $21m in Series A funding …
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Malaysia shuts down Network School, Balaji Srinivasan's techno-utopian project, over licensing issues; Srinivasan says he is opening a new campus in Kazakhstan — Balaji Srinivasan left Silicon Valley and created an incubator for new countries in an Asian ghost city, before the government shut it down
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Apple introduced a cap and a 30-day cool-off period on bug report submissions, citing a deluge of AI-assisted reports; researchers can request higher quotas — iPhone maker has limited the number of vulnerabilities researchers can submit to manage wave of reports
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An investigation reveals Dubai-based unlicensed crypto exchange Shelbit has processed at least $4B as part of Iran's sanctions-evasion operation since May 2024 — A Dubai-based crypto exchange serves as a hub for moving illicit Iranian money. The exchange, Shelbit, links a vast gambling network fronted …
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US judge refuses xAI's request to stop a Minnesota law banning “nudify” apps, noting the request came only three days before the law was to take effect — The ruling clears the way for the first-in-the-nation law to go into effect on Saturday. — A federal judge on Friday denied …
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Bitcoin hardware wallet Coldcard shipped a faulty firmware build, and hackers are now draining wallets; Galaxy Research estimates ~$70M stolen — More than 1,000 bitcoin, worth about $70 million, was drained from 1,196 wallets in a 41-minute window on July 30, nearly double the amount reported when the theft first surfaced.
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Trump Media's new paid data API debuts, for “a direct, licensed, real-time feed of the platform's most market-moving Truths”; Dem. senators asked SEC to probe — Trump Media and Technology Group's new paid data service launched on Aug. 1, providing faster access to Truth Social posts …
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Officials: the scope of cyberattacks on US water systems now includes at least seven states and may be far wider; MN was just the first to publicly report them — Michigan and Minnesota are among at least seven states coping with cyberattacks aimed at disrupting water systems nationwide.
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A look at the deluge of AI computing power set to come online in the coming years; Epoch AI expects the number of AI chips in use to double every nine months — The milestones for artificial intelligence keep getting grander. — In 2023, an A.I. system passed the bar exam.
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OpenAI says an internal version of Astra, its next big model, produced results for 10 problems in math, quantum complexity, and theoretical computer science — Read the paper(opens in a new window)Read the reasoning walkthroughs(opens in a new window) — We want to empower scientists …
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This year's Defcon badges include Baochip-1x, an open source chip whose security is verifiable and that can also be used as a hardware security token — Created by legendary hardware hacker Andrew “bunnie” Huang, the badges for this year's famed security conference aim to push the boundaries of security and transparency.
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At the UN AI for Good summit, a big Chinese delegation argued Chinese open-source AI models are the future for most of the world, while US presence was muted — Reporter and Lead Writer, Semafor Flagship — THE SCENE — In the days before the American AI industry erupted in a bitter dispute …
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Inside Larry Ellison's debt-fueled push to turn Oracle into an AI juggernaut by aligning with Trump, backing Project Stargate, and partnering with OpenAI — the first full day of the second Trump administration — Larry Ellison woke up in his 33-bedroom, 34-bathroom oceanfront mansion in Florida …
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Tel Aviv-based Bloom Security, which develops endpoint security tools for monitoring AI agents, extensions, and more, emerges from stealth with a $20M seed — Endpoint security startup Bloom Security emerged from stealth with a $20 million seed led by Glilot Capital Partners and Ten Eleven Ventures …
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Toronto-based Terminal, whose API connects insurance products and commercial fleet software with telematics data, raised a $20M Series A led by Battery Ventures — Toronto startup landed Fortune 500 customers with almost no sales team. Now, it's shifting gears.
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Harmony, which offers AI-powered enterprise software for handling tasks such as employee onboarding and software access, raised a $34M seed led by Lightspeed — - Harmony raised a $34 million seed round led by Lightspeed to automate workplace requests. — Its cofounders sold their last startup to Cisco for $500 million.
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ProphetX, a CFTC-designated sports prediction market that is also building a B2B business to sell its exchange infrastructure to other companies, raised $35M — ProphetX, a CFTC-designated sports prediction market, raised $35 million in new funding, CEO Dean Sisun tells Axios Pro exclusively.
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Foundational Industries, which aims to build AI-run factories for physical products, starting with custom data center rack enclosures, raised a $25M seed — Jonathan Winer thinks the U.S. is fighting the wrong manufacturing war. — His startup, Foundational Industries …
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ThreatLocker raised a $190M Series F led by Elephant as it looks to extend its zero-trust enterprise security platform to protect against AI-related risks — The cybersecurity vendor is planning to extend its zero trust security platform to provide enhanced protections for AI- and agentic-related risks …
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Sources detail how OpenAI fell behind Anthropic in revenue growth and valuation after prioritizing consumer chatbots and flashy side projects over coding tools — Bets on consumer chatbots and flashy side projects overshadowed AI coding opportunity, which rival Anthropic used to capture the lead
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A US judge largely denies Perplexity and three data scraper firms' bid to dismiss Reddit's lawsuit over claims of copyright law violations under DMCA — On Friday, a judge largely denied a motion to dismiss from a web scraper, SerpApi, which is accused of conspiring with Perplexity AI …
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Sensor Tower: India's mobile app market generated a record $345M in consumer spending in Q2, up 35% YoY; ChatGPT ranked No. 1 by downloads and No. 2 by revenue — For years, India was the world's largest app download market but one of its toughest places to make money.
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Cybersecurity experts fault Anthropic and OpenAI for sloppy safeguards and inadequate human oversight after their models broke into outside organizations — Cybersecurity experts are faulting Anthropic PBC and OpenAI for sloppy safeguards after their models broke into outside organizations …
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