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Loop Payments Inc. today announced that it has raised $95 million in funding to upgrade its supply chain optimization platform. Valor Equity Partners and the Valor Atreides AI Fund led the Series C round. They were joined by several other institutional backers, including J.P. Morgan Growth Equity Partners. The invoices that change hands when a company orders goods from a supplier or books space in a container ship often contain mistakes. Such errors can lead to unnecessary costs if they’re not fixed. Loop has developed a family of artificial intelligence models, DUX, that can spot inaccurate supply chain invoices. It…
The alert wasn’t blared out with sirens; however it should probably have been. It seems that in some of the more closed-off policy rooms and on the hurried internal bulletins of European banking and financial oversight bodies, authorities are beginning to suspect something frightening. The upcoming financial apocalypse may not be created by any of our fellow homo sapiens.First of all, it’s an AI model that can test a system, figure out its vulnerabilities, and in certain conditions, exploit them. Per multiple anonymous industry sources, the ECB has begun reaching out to banks to ask them how they’re feeling about…
Devon Fritz had his midlife crisis a little early.He spent his 20s writing tax software, staying on track to hit all the life targets he’d set for himself: house, kids, financial security. And then, one day, he did the math and projected forward what the next 20 years of his life would look like. But instead of relief, “I had this weird feeling that I’d totally missed the target,” he told me recently.”I looked around at my colleagues, who kind of felt stuck in this place,” he said. “They had gotten to this cushy job where things were good, pay…
Buyers are completing 70% of their research before talking to you. The content that wins is not the content that answers their questions. It is the content that answers the questions they have not formed yet. The funnel model of content mapping is comfortable. Awareness content at the top. Consideration content in the middle. Decision content at the bottom. Map each piece to a stage. Measure progression. Optimize. It is a clean framework built for a buyer behavior that no longer exists. The modern B2B buyer does not announce their stage. They do not move through your funnel in the…
Artificial intelligence is already proving it can accelerate drug development and improve our understanding of disease. But to turn AI into novel treatments we need to get the latest, most powerful models into the hands of scientists.The problem is that most scientists aren’t machine-learning experts. Now the company OpenProtein.AI is helping scientists stay on the cutting edge of AI with a no-code platform that gives them access to powerful foundation models and a suite of tools for designing proteins, predicting protein structure and function, and training models.The company, founded by Tristan Bepler PhD ’20 and former MIT associate professor Tim…
This week, I went looking for some genuinely good underrated movies so you don’t have to. What I found is a solid trio that covers three different moods. One will make you sweat through a dinner party, one will make you paranoid about your neighbours, and one will make you want to adopt a ginger cat immediately. Best part? They are all free to watch movies on Tubi. So here are my picks for this weekend. We also have guides to the best new movies to stream, the best movies on Netflix, the best movies on Hulu, the best free movies, and the best movies…
The James Bond franchise has a long history of getting pop stars to record its theme songs (perhaps most memorably with Live and Let Die), and it looks like that tradition will now extend to video game adaptations about the fictional spy. IO Interactive has announced that Lana Del Rey co-wrote and performed the theme for 007 First Light, the developer’s playable James Bond origin story.”First Light” is written and performed by Lana Del Rey and composer David Arnold, and like the moody and abstract opening credits released alongside the song, could vaguely gesture at the themes of the game.…
Kevin Weil, OpenAI’s former chief product officer who was recently tapped to build a new AI workspace for scientists, Prism, is leaving the company, WIRED has confirmed. Weil was previously an early executive leading product at Instagram.“Today is my last day at OpenAI, as OpenAI for Science is being decentralized into other research teams,” Weil said in a social media post on Friday, shortly after WIRED reported his departure. “It’s been a mind-expanding two years, from Chief Product Officer to joining the research team and starting OpenAI for Science.”Weil did not immediately respond to a request for comment from WIRED.OpenAI…
NVIDIA has announced the launch of Ising, the world’s first open-source family of artificial intelligence models specifically designed to accelerate the development of practical quantum computers. By addressing two of the biggest bottlenecks – quantum processor calibration and quantum error correction – NVIDIA Ising represents a major step toward making quantum systems more reliable and scalable. Quantum computing has long promised transformative capabilities, but scaling systems to real-world usability remains constrained by fragile qubits and high error rates. NVIDIA positions AI as the essential control layer that can stabilize and optimize these systems. According to NVIDIA founder and CEO Jensen…
Would you like some cheese with that iPhone? If a new rumor is true, the big new bold color for Apple’s next flagship phones will look more like red wine than bright orange.The latest rumor comes from Macworld, which cites a leak from an unnamed source close to the supply chain. According to the leak, the upcoming iPhone 18 Pro and Pro Max will have a dark cherry color option. The source also said that those new flagships, as well as Apple’s first foldable phone, will launch in September. According to different reports over the past several months, the foldable might be…