Wayve, a London maker of artificial intelligence systems for autonomous vehicles, said on Tuesday that it had raised $1 billion, an eye-popping sum for a European start-up and an illustration of investor optimism about A.I.’s ability to reshape industries. SoftBank, the Japanese conglomerate that backed Uber and other tech companies, was the lead investor, along…
Sohail Prasad, an entrepreneur, launched a fund in March called the Destiny Tech100. The fund owns shares in hot tech start-ups like the payments firm Stripe, the rocket maker SpaceX and the artificial intelligence company OpenAI. Few people get the chance to invest in these privately held companies since their shares are not openly traded….
Another start-up founder is going to prison for overstating his company’s performance to investors. Manish Lachwani, who last year pleaded guilty to three counts of defrauding investors at his software start-up, HeadSpin, was sentenced to one and a half years in prison on Friday. He will also pay a fine of $1 million. Government prosecutors…
As a Tunisian human rights activist in the 2000s, Amira Yahyaoui staged protests and blogged about government corruption. In interviews, she described being beaten by police. When she was 18, she said, she was kidnapped from the street, dropped off at the Algerian border and placed in exile for several years. Ms. Yahyaoui’s compelling background…
The talent agency WME announced a partnership with the technology firm Vermillio on Tuesday that it hopes will protect its clients from having their likenesses misused through artificial intelligence technology. Vermillio has created a platform, Trace ID, that could insulate WME clients from thefts of their likeness and intellectual property by using A.I. technology to…
The talent agency WME announced a partnership with the technology firm Vermillio on Tuesday that it hopes will protect its clients from having their likenesses misused through artificial intelligence technology. Vermillio has created a platform, Trace ID, that could insulate WME clients from thefts of their likeness and intellectual property by using A.I. technology to…
