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Turing, an AI infrastructure startup that accelerates advancement and deployment of AI systems, has secured $111 million in Series E funding, raising its valuation to $2.2 billion. The round was led by Malaysian sovereign wealth fund Kazanana Sional Bellhad and was supported by Westbridge Capital, Sozoventure, uphonest Capital, Altaia Capital, Amino Capital, Plug and Play, MVP Ventures, Fortius Ventures, Gehningel and Mastodon Capital Management. This latest round has pushed the company’s total funding to $225 million since it was founded seven years ago. Turing has a strong growth trajectory, reaching $167 million in annual revenue driving fees (ARRs) at pricing.…
US President Donald Trump has shown he intends to move forward with plans to dismantle the Department of Education despite signalling from his administration. “Well, I want to do that. Trump said at a signature ceremony in his oval office on Thursday. The order to detain the Department of Education was expected to be one of the orders Trump signed on Thursday. But in the time leading up to Trump’s release in the oval office, White House press chief Caroline Leavitt denounced the announcement’s report as “more fake news.” Still, Trump doesn’t keep his intentions secret to shut down the…
AI and Crypto Czar David Sacks will speak to President Donald J.T. on January 23, 2025, when they signed an executive order at the White House’s oval office in Washington, DC.Javin Botsford | Washington Post | Getty ImagesPresident Donald Trump signed the executive order on Thursday. Bitcoin Reservations mark a major change in US digital asset policy.Silicon Valley venture capitalists Whitehauscript and Izar David Sachs wrote in X’s post that the reserves are funded solely with Bitcoin seized in criminal and civil forfeiture cases, ensuring taxpayers are not burdened with financial burdens.Estimates show that the US government controls around 200,000…
Baton Rouge, LA. (AP) – Multiple people may face potential accusations of hayes, negligent homicide, manslaughter, and obstruction of justice in the case of a 20-year-old Southern college student. Suspicion of off-campus fraternity ritualsAccording to the Louisiana District Attorney.It has been a week since the death of Caleb Wilson, a junior mechanical engineering at a Baton Rouge school. No arrests have been made yet, but East Baton Rouge District Attorney Hillermoor told the Associated Press on Thursday that in his opinion it is clear that Hasing is involved.The exact cause of Wilson has not yet been determined, and details of…
SpaceX’s spacecraft marked its second launch, when it got out of control while in space during a test flight on Thursday, causing the vehicle to fall into fatal trouble on its way into orbit. The Federal Aviation Administration (FAA) appears to have temporarily suspended flights to major Florida airports, diverting several others from the attention of “space-launched debris.” The agency told TechCrunch that SpaceX is requesting that it perform what is known as a failed accident investigation. The company launched Starship using a super heavy booster, and the first eight minutes of the flight looked normal. The ship successfully separated…
The intuitive machine landed a second spacecraft on the moon just a year after achieving the feat for the first time. Unfortunately, just like that initial attempt, it appears that the company’s spacecraft may have tilted towards that side. A lunar lander called Athena landed on the surface of the moon at about 12:30pm on Thursday. It is the second private spacecraft to land this week after the Blue Ghost of Firefly Aerospace landed on March 2nd. The Chief Technology Officer of the Intuitive Machine said at a post-landing press conference that Athena was somewhere in the 50-meter landing zone…
The launch of Anthropic’s coding tool, Claude Code, has got off to a rocky start. According to a report on Github, Claude Code’s auto-update function contained bug-like commands that made several workstations unstable and corrupted. When Claude code is installed at the “root” or “superuser” level (permissions that provide programs with the ability to make operating system-level changes), the buggy command allows applications to change normal, restricted file directories, and in worst case scenarios the “brick” system can be changed. The problematic Claude Code Auto-Update command changed the access permissions for certain critical system files. Permissions define which programs and…
The U.S. Department of Labor (DOL) is investigating startup scale AI that labels data to comply with the Fair Labor Standards Act, TechCrunch has learned. This is a federal law that regulates unpaid wages, misclassification of employees as contractors, and illegal retaliation against workers. The survey has been active since at least August 2024, documents seen by TechCrunch show. According to people who are directly familiar with the issue, it is ongoing. The mere presence of the investigation does not, of course, mean that the AI did something wrong, and the investigation could be found in the company’s favor or…
Syrian security sources told Al Jazeera that 15 security guards were killed in “various armed ambushings.”The shooters loyal to abdicated Syrian leader Bashar al-Assad killed at least 15 security guards in an ambush in the coastal state of Latakia, security sources told Al Jazeera. The attack took place on Thursday near a rural town in Latakia, part of the coastal region that forms the center of the Alawian minority to which the Al Assad family belongs. A Syrian security source told the Al-Jazeira Arabic network that 15 security officers were killed in “various armed ambushings.” “The Syrian state imposes its…
The AI company founders have a reputation for making bold claims about the potential of technology to reshape the field, particularly the science. But Face co-founder and chief science officer Thomas Wolf has a more measured take. In an essay published on X on Thursday, Wolf said he fears that AI will be “yes on the server” if there is no breakthrough in AI research. He detailed the current AI development paradigm does not provide AI that allows creative problem solving outside the box. “The main mistake people usually make is thinking [people like] Newton or Einstein only expanded the…