Plus: A $20B AI valuation — maybe?
Welcome to TC PM. Happy Friday! Today we dig into Pinterest labeling DEI a risk in its recent 10-K-filing; we learn of a potential AI megadeal for a former OpenAI founder; and we have fundraising details for multiple fun startups. Go, Birds! | | | Image Credits: Michael Nagle/Bloomberg / Getty Images | 🤨 Risking it: Pinterest listed attacks on diversity, equity, and inclusion initiatives as a possible business risk in its latest 10-K filing. "Our brand and reputation and stock price may be harmed," the company said, if its efforts "are perceived as insufficient or overdone," Read more 💰💰 More AI money: Former OpenAI co-founder Ilya Sutskever's current AI startup, Safe Superintelligence, is reportedly in talks to raise funding at a valuation of at least $20 billion. If successful, this valuation is 4x more than what the company garnered in September. Read more 🔐 An HPE hack: Hardware giant Hewlett Packard Enterprise began notifying individuals who had their personal information, including SSNs, credit card data, and more, stolen in a 2023 cyberattack that was blamed on Russian government hackers. Read more | | | Image Credits: Google DeepMind | | | 🧮 A great mathlete: An AI system developed by Google DeepMind, AlphaGeometry2, is apparently so good at solving geometry problems it surpassed an average gold medalist at an international mathematics competition. Let the AI cook. Read more 🎙️ Are people over OpenAI? On today's episode of Equity, the hosts look at robotics company Figure's recent decision to step away from its OpenAI partnership. They also talk about some fun space startups and a recent VC hire everyone is talking about. Listen here 🏋 Online PE: At-home workout apps exploded during COVID-19 but have since lost some of their shine. Hiveclass is facing a different fate. The startup, which offers PE-type workout classes aimed at K-12 students, is still seeing strong demand. Read more 👀 AI weapons: Earlier this week, Google deleted a seven-year pledge from its AI principles web page that stated the company would not design AI for weapons or surveillance. Andrew Ng, the former founder and lead of Google Brain, said he's glad Google changed its stance. Read more 🚗 But will it upsell me? Self Inspection, a startup that built an AI-powered car inspection tool designed to be used by anyone with a smartphone camera, has raised $3 million in a seed round co-led by Costanoa Ventures and DVx Ventures. Read more | | | 🥊 Surveillance fight club: Two of the biggest police surveillance tech companies in the country, Axon Enterprise and Flock Safety, are ending their long-standing partnership and are instead having a public spat. Read more ⏰ Data time: A German court ruled today that Elon Musk's X has to release information to allow researchers to track the spread of information on the platform that could sway the country's upcoming election. This will be well received by Musk, I'm sure. Read more | | | Featured jobs from CrunchBoard | | | Has this been forwarded to you? Click here to subscribe to this newsletter. | | | Update your preferences here at any time | | Copyright © 2024 TechCrunch, All rights reserved.Yahoo Inc. 110 5th St,San Francisco,CA | | | | |
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