A French startup has raised a hefty seed investment to “rearchitect compute infrastructure” for developers wanting to build and train AI applications more efficiently. FlexAI, as the company is called, has been operating in stealth since October 2023, but the Paris-based company is formally launching Wednesday with €28.5 million ($ 30 million) in funding, while […]
European police chiefs target E2EE in latest demand for ‘lawful access’
In the latest iteration of the neverending (and always head-scratching) crypto wars, Graeme Biggar, the director general of the UK’s National Crime Agency (NCA), has called on Instagram-owner Meta to rethink its continued rollout of end-to-end encryption (E2EE) — with web users’ privacy and security pulled into the frame yet again. The call follows a […]
Finmid raises $24.7M to help SMBs access loans through platforms like Wolt
Berlin-based finmid — one of the many startups building embedded fintech solutions, in its case targeting marketplaces that want to provide their own payment and financing options — has raised €23 million ($ 24.7 million) in a Series A round to further build out its product and enter new markets. The round values the company […]
PVML combines an AI-centric data access and analysis platform with differential privacy
Enterprises are hoarding more data than ever to fuel their AI ambitions, but at the same time, they are also worried about who can access this data, which is often of a very private nature. PVML is offering an interesting solution by combining a ChatGPT-like tool for analyzing data with the safety guarantees of differential […]
Meta’s X competitor Threads invites developers to sign up for API access, publishes docs
After opening its developer API to select companies for testing in March, Meta’s Twitter/X competitor Threads is now introducing developer documentation and a sign-up sheet for interested parties ahead of the API’s public launch, planned for June. The new documentation details the API’s current limitations and its endpoints, among other things, which could help developers […]