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Publishers sue Google over Gemini AI training
A group of major book publishers and the author Scott Turow have sued Google, claiming it used millions of copyrighted books to train its Gemini AI without permission. The Google Gemini lawsuit calls it “one of the most prolific infringements of copyrighted materials in history.” The plaintiffs filed the complaint
Velocity raises $38M to move business money with stablecoins
London fintech Velocity has raised a $38 million Series A to help businesses move money with stablecoins. The Velocity Series A, led by Dragonfly and FirstMark, brings the two-year-old company’s total funding to nearly $50 million. Velocity builds treasury and settlement infrastructure for companies that want to use stablecoins,
Alibaba stock jumps 4% after Qwen is approved to run Apple Intelligence in China
TL;DR China approved Alibaba’s Qwen to power Apple Intelligence across iOS, iPadOS, macOS, and visionOS. PrismML compressed the model to run on an iPhone 15. Alibaba confirmed on Wednesday that its Qwen AI model will be integrated into Apple Intelligence across iOS, iPadOS, macOS, and visionOS for users
Dutch Monumental raises $32m led by Khosla to put more bricklaying robots on site
Monumental has raised a $32m Series B led by Khosla Ventures, money it will spend putting more of its bricklaying robots on building sites in Britain and, for the first time, in the United States. Plural and Hummingbird, both backers of the company’s $25m round in early 2024, took