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Finance, VC & PE

Where the money meets the ethics: AI funding rounds, VC and PE moves, valuations and market power — tracked daily.

Technology Modernization Fund: Small Savings Achieved So Far, but Substantial Future Savings Expected

What GAO Found The Technology Modernization Fund (TMF) invests funding in agency projects to, among other things, modernize aging federal information technology (IT) systems. From fiscal years 2018 through 2025, the TMF received over $1 billion in net appropriations, of which the Technology Modernization Board invested about $1.03 billion in 68 unclassified projects (see figure). As of June 2025 (the latest data available at the time of this analysis), 24 TMF projects expected to achieve total s
US GAO Reports 7d ago Policy Finance, VC & PE

The Indonesian gambling syndicate hiding inside governments’ websites across 16 African countries

A recent investigation found that a small foreign group used the websites of 16 governments to promote illegal betting. Meaning other cynical actors could also gain access and steal citizens’ data or plant something far worse.
Techpoint Africa 7d ago News Finance, VC & PE

Reexamining zero-shot summarization: Empirical investigation of trustworthiness of LLM-summarizers

Zero-shot summarization using Large Language Models (LLMs) has significantly advanced the abstractive summarization task by producing coherent and fluent summaries. However, underlying stochasticity of the large language models raises concerns about the stability and trustworthiness of the LLM-generated summaries. This issue has become increasingly important due to proliferation of LLM-generated summaries in educational settings, where students and researchers summarize complex academic material
arXiv 7d ago Research Children & educationFinance, VC & PE

DeepSeek puts AGI research ahead of products and commercial growth

According to a report by IT Home, DeepSeek, the Chinese AI developer behind the open-source R1 reasoning model, is prioritizing artificial general intelligence (AGI) research over building a consumer platform or maximizing near-term revenue. The report is based on a circulated transcript of a four-hour investor meeting involving founder Liang Wenfeng. Why it matters: The […]
TechNode (CN) 7d ago News Finance, VC & PE

Brazilian Banking Trojan Actively Spreading in Portugal

Portuguese businesses operate in the same native language as Brazilian hackers, making those businesses easy targets.
Dark Reading (AI security) 8d ago News Finance, VC & PE

OpenAI admits AI model hacked Hugging Face, Chinese open-source AI helped investigate

A recent AI cyberattack that stunned the industry has unexpectedly put Chinese AI company Zhipu AI and its open-source model GLM 5.2 in the spotlight. OpenAI has acknowledged for the first time that one of its AI models escaped a sandboxed testing environment during an internal cybersecurity evaluation and compromised the production infrastructure of Hugging […]
TechNode (CN) 8d ago News EnvironmentFinance, VC & PE

Alphabet's cash burn raises alarm for Big Tech as AI spending climbs

July 23 (Reuters) - Alphabet's (GOOGL.O) first cash burn on record has jolted investors awaiting more Big Tech results next week as soaring AI spending ​strains one of the world's most profitable ...
Reuters Technology 8d ago News Finance, VC & PE

Online-Trading-Betrug: Opfer investieren über eine Million

24 Menschen aus ganz Deutschland sollen Geld in vermeintliche Online-Trading-Plattformen investiert haben. Doch Gewinne wurden nie ausgezahlt.
Heise Online (DE) 8d ago News Finance, VC & PE

Amplifying the storm: Climate disinformation dynamics during natural disasters on right-wing extremist Telegram channels

Climate change amplifies natural disasters, posing an existential threat to our society. However, a digital storm is raging on right-wing extremist Telegram channels where climate disinformation works to delegitimize scientific consensus. Investigating the factors that amplify climate disinformation is as critical to combating it as understanding natural disasters and their drivers. We The post Amplifying the storm: Climate disinformation dynamics during natural disasters on right-wing extremist
HKS Misinformation Review 8d ago Research Safety & alignmentMisinformation

"You should see my partners' fingers": A Qualitative Study of Construction Artisans' Perspective on Technical Innovation

arXiv:2607.20004v1 Announce Type: new Abstract: Construction industry scholars have advocated increasing digitalization as a harbinger of manifold improvements, from safe training to efficient waste management. Small construction enterprises, which often face greater difficulties in embracing such a paradigm, are frequently overlooked in investigations of stakeholders' views on technical innovation. This study aims to start filling this gap by investigating the views of small construction enterp
arXiv cs.CY 8d ago Research Finance, VC & PE

Data Annotations as Pedagogical Hints: From Subjective Labels to Critical Thinking

arXiv:2607.20149v1 Announce Type: new Abstract: Machine learning courses often use pre-labeled datasets, hiding the subjectivity of human annotation. This creates students with an overly trusting view of AI data and models, undervaluing interpretive diversity. We investigated whether manual data annotation tasks teach students about subjective labeling. Study Design: An annotation activity was implemented at two universities: Fontys (Netherlands) and IT University Copenhagen (Denmark). Students
arXiv cs.CY 8d ago Research Children & educationFinance, VC & PE

Experiential Versus Instructional Approaches for Eliciting Metacognitive Awareness in AI-Assisted Learning: A Short-Term Longitudinal Study

arXiv:2607.20047v1 Announce Type: cross Abstract: With generative AI (GenAI) entering classrooms the question to which teaching approach best supports metacognitive skill acquisition in AI-assisted learning becomes pressing. In this short-term longitudinal study we investigate two contrasting approaches: experiential learning encompassing hands-on approaches and instructional learning such as classical lectures. We conducted a quasi-experiment with 126 university students from a first-year engin
arXiv cs.CY 8d ago Research Children & educationFinance, VC & PE

Chip firm priced as China's most valuable company before its IPO brings scrutiny to crypto platform

The outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.
CNBC Technology 8d ago News Finance, VC & PE

Alphabet wächst weiter zweistellig, aber auch die Ausgaben steigen deutlich

Der Google-Konzern übertrifft die Erwartungen erneut. Umsatz und Gewinne legen deutlich zu, doch die Investitionen 2026 übersteigen 200 Milliarden US-Dollar.
Heise Online (DE) 8d ago News Finance, VC & PE

Beyond Heavy Log Curation: Perplexity-Based APT Detection via Unsupervised, Context-Augmented Language Models

Advanced Persistent Threats (APTs) remain difficult to detect because only a small fraction of events in large-scale logs are attack-related, and investigation is expensive and hard to scale. Prior machine-learning approaches can reduce analyst workload, but they often rely on heavily curated training data and sophisticated preprocessing pipelines. Building and maintaining such pipelines require substantial domain expertise and engineering cost. Motivated by insights from a study of a strong APT
arXiv cs.CR (AI security) 8d ago Research Finance, VC & PE

China’s Bank Wealth Products Face Scrutiny Over Yield Displays

A recent investigation found some institutions highlight selective short-term returns while using inconsistent metrics that can make products harder to compare.
Sixth Tone (CN) 8d ago News Finance, VC & PE

Google burning through cash with spiralling AI costs

The company said earlier this year it expected to spend as much as $190bn on AI investments.
BBC Technology 8d ago News Finance, VC & PE

Google burns through $6bn in cash as AI spending climbs again

Search giant says it will commit up to $205bn to AI investments in 2026
Financial Times Technology (headlines) 8d ago News Finance, VC & PE

Uber founder Travis Kalanick raises $1.7bn for new start-up

Andreessen Horowitz and the ride-hailing group join funding round
Financial Times Technology (headlines) 8d ago News Finance, VC & PE

Here's how Jim Cramer says to approach the earnings season's 'ball of confusion'

CNBC's Jim Cramer urged investors not to overreact to earnings season volatility, saying short-term market moves often defy conventional logic.
CNBC Technology 8d ago News Finance, VC & PE

Alphabet Quadruples Profit to $112 Billion, Fueled by A.I. Investments

Google’s parent company, which has spent heavily on artificial intelligence, also showed growth across its businesses, particularly in cloud computing.
The New York Times 8d ago News Finance, VC & PE

Travis Kalanick’s robotics company raises $1.7B, led by a16z

Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to modernize the world.
TechCrunch 8d ago News Agents & autonomyFinance, VC & PE

Firefox 153 enables Containers by default, and you can create your own - here's how

Containers are a boon to your browsing security and privacy. Out of the box, Firefox now gives you four pre-configured containers: Personal, Work, Banking, and Shopping.
ZDNet AI 8d ago News PrivacyFinance, VC & PE

Anthropic will deploy 2 gigawatts of AMD GPUs for Claude in a deal worth up to $5 billion

AMD is investing up to $5 billion in Anthropic. In return, Anthropic will deploy up to 2 gigawatts of MI450 GPUs for training and running its Claude models. For AMD, this is another major deal after Meta and OpenAI as it tries to challenge Nvidia as an AI chip supplier. Critics see these agreements as circular cash flows. The article Anthropic will deploy 2 gigawatts of AMD GPUs for Claude in a deal worth up to $5 billion appeared first on The Decoder .
The Decoder 8d ago News Finance, VC & PE

Trump administration steers $5B toward AI research

The initiative marks a wider push to steer federal science funding toward AI-powered research and individual investigators.
Politico Technology (US) 8d ago News Finance, VC & PE

AMD s’engage à investir 5 milliards de dollars dans Anthropic via un nouvel accord croisé

AMD s’engage à investir jusqu’à 5 milliards de dollars pour soutenir le développement d’Anthropic. En échange, l’éditeur des modèles Claude promet de déployer l’équivalent de 2 GW de puces AMD au sein de ses infrastructures de calcul. Un nouvel accord croisé comme le secteur de l’IA générative les aime tant. AMD et Anthropic viennent de […]
Next (FR, ex-INpact) 8d ago News Finance, VC & PE

Stocks and the Economy Are Increasingly Relying on the A.I. Boom

Investment in artificial intelligence and related companies is lifting the stock market and spending across the economy.
The New York Times 8d ago News Jobs & economyFinance, VC & PE

On the Systematic Challenges of Culturally Loaded Machine Translation: Dream of the Red Chamber as the Cultural Lens

Culturally loaded translation poses unique challenges for machine translation (MT), as meanings are deeply embedded in socio-cultural contexts beyond surface linguistic forms. Although large language models (LLMs) have enabled MT systems to achieve human-like quality in many scenarios, their ability to handle culturally loaded expressions remains underexplored. In this study, we systematically investigate the challenges posed by culturally loaded translation in LLM-based MT systems. We construct
arXiv cs.AI 8d ago Research Finance, VC & PE

Why are OpenAI and Anthropic cheering on regulation in Australia? The answer has global reach

The companies hope to follow in the footsteps of SpaceX, which raised $86bn and soared to a $2.1tn valuation after it listed on public markets in June Get our breaking news email , free app or daily news podcast Top US AI developers Anthropic and OpenAI cheered when Australia announced it would set new AI rules. Big tech celebrating limits on their Silicon Valley VC-funded free-for-all might seem counterintuitive but there’s a much broader play than just what happens in one relatively small mark
The Guardian 8d ago News RegulationFinance, VC & PE

On Optimization Complexity of Second-Order Certified Unlearning

We study machine unlearning: the removal of memorized training data from a trained model. Specifically, we investigate the algorithmic complexity of certified unlearning from an optimization perspective. We formalize the goal of an unlearning algorithm as simultaneously achieving certified unlearning and optimization accuracy. Utilizing the notion of uniformly convex regularizers, we prove new bounds on the distance between initial and unlearned models using a novel substitute for generalization
arXiv cs.LG 8d ago Research Finance, VC & PE

Blackstone Divested From Spanx

The private equity firm sold its majority stake in June. The post Blackstone Divested From Spanx appeared first on Above the Law .
Above the Law (legal tech) 8d ago News Bias & fairnessRegulation

Menlo Ventures’ Matt Murphy explains what AI startups founders must do differently

Anthropic leaped to a $47 billion revenue run rate by May, compared to $9 billion in 2025. It’s the kind of growth that Menlo Ventures’ Matt Murphy says he’s never seen in 25 years of investing, not in the internet wave, not in mobile, not in the first cloud boom. Menlo led Anthropic’s $500M Series D, and Murphy has had a front-row seat as the company went from a pre-revenue, […]
TechCrunch 8d ago News Finance, VC & PE

Data Annotations as Pedagogical Hints: From Subjective Labels to Critical Thinking

Machine learning courses often use pre-labeled datasets, hiding the subjectivity of human annotation. This creates students with an overly trusting view of AI data and models, undervaluing interpretive diversity. We investigated whether manual data annotation tasks teach students about subjective labeling. Study Design: An annotation activity was implemented at two universities: Fontys (Netherlands) and IT University Copenhagen (Denmark). Students annotated skin lesion images for hair coverage o
arXiv 8d ago Research Children & educationFinance, VC & PE

Augustus secures $180 million Series B

Clearing bank Augustus aims to provide dollar access to banks and fintech firms around the world, already processing billions for the likes of cryptocurrency platform Kraken today.
Finextra AI 8d ago News Finance, VC & PE

Building AI infrastructure with the Effingham County community

OpenAI announces Project Camellia in Effingham County, Georgia, with commitments to responsible energy, community investment, jobs, and access to Codex.
OpenAI 8d ago Field notes Jobs & economyEnvironment

ENTRAP-VL: A Taxonomic Probe for Dual Contextual Entrainment in Vision-Language Models

Contextual entrainment is the tendency of a model to let auxiliary context in its input pull its output, independently of whether that context is relevant, true, or even meaningful. Recently, it has been identified and given a mechanistic account in unimodal language models. Whether and how it manifests in vision-language models (VLMs) is, by contrast, largely unexamined, and the field lacks a purpose-built instrument with which to investigate it. We take the position that studying contextual en
arXiv cs.AI 8d ago Research Finance, VC & PE

Los expertos coinciden: las olas de calor ya están afectando al turismo en España y hay que reinventarse cuanto antes

Que las olas de calor afectan a nuestra salud es algo que estamos empezando a asumir por las malas. Sin embargo, el hecho de que también afectan a la economía nos pasa bastante más desapercibido. Por ejemplo, en España están teniendo un efecto cada vez más notable sobre el turismo. Lo ha demostrado recientemente un equipo de investigadores de la Universidad Rey Juan Carlos. En él, así como en un artículo divulgativo publicado en Science Media Centre (SMC), estos científicos señalan cómo se relac
Xataka (ES) 8d ago News Finance, VC & PE

SpaceX ends its losing streak, oil prices jump, the Fed's AI red flags and more in Morning Squawk

Here are five key things investors need to know to start the trading day.
CNBC Technology 8d ago News Finance, VC & PE

Microsoft set to invest $60M in Energy Department’s Genesis Mission

Microsoft is set to invest $60 million in the Department of Energy’s (DOE) "Genesis Mission," which focuses on accelerating scientific discovery and technological leadership through artificial intelligence. The company’s investment will put $40 million toward Azure cloud and AI computing credits over three years to “support large-scale AI and scientific workloads” while $20 million will...
The Hill Technology 8d ago News EnvironmentFinance, VC & PE

Geometric Configurations of Perturbed Jailbreak Prompts

Perturbation techniques that turn unsuccessful jailbreak prompts into successful ones are continuously evolving, constituting a major security threat to LLM safety. In this paper, we investigate the internal representations of such string-level perturbed jailbreak inputs in the small weight models of the Qwen-2.5-1.5B/-3B/-7B-Instruct and Llama-3.2-1B/-3B/-3.1-8B-Instruct families. We select two representation spaces: the last-layer-last-token embedding space and the top-50 next-token probabilit
arXiv red teaming query 8d ago Research Safety & alignmentFinance, VC & PE
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