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☆ The US wants this to be ‘the end’ of direct Israel-Iran fire. It may be too soon to tell
▼ + stars: | 2024-10-26 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

CNN —After Israel’s attack on Iran Saturday, US officials were quick to caution both countries against perpetuating the cycle of violence, but analysts say lasting de-escalation is not a foregone conclusion. The airstrikes “should be the end of this direct exchange of fire between Israel and Iran,” a senior US administration official said after the attacks. After reports emerged of explosions heard in Tehran, Israel in a statement said it launched what it described as “precise strikes on military targets in Iran” early Saturday. Iran said Israel “attacked parts of military centers” on Saturday in the provinces of Tehran, Khuzestan and Ilam, causing “limited damage” in some areas. A general view of Tehran after several explosions were heard, in Tehran, Iran on Saturday.

Persons: ”, Hassan Nasrallah, Israel “, Iran’s, Behnam Ben Taleblu, Israel, Majid Asgaripour, Sean Savett, “, Danny Citrinowicz, ” Citrinowicz, …, ” Parsi, Hellyer, CNN’s Paula Newton Organizations: CNN, Quincy Institute, Responsible, Foundation for Defense for Democracies, Wana News Agency, Reuters, Iran, National Security, White House, Institute for National Security, Israel Defense Intelligence, Carnegie Endowment, International Peace, Royal United Services Institute for Defense, Security Studies Locations: Iran, Israel, Tehran, Khuzestan, Ilam, Washington ,, DC, “ Iran, Gaza, Lebanon, Tel Aviv, “ Israel, Beirut, London

☆ Washington maintains 'tremendous leverage' over the Israelis, analyst says
▼ + stars: | 2024-05-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWashington maintains 'tremendous leverage' over the Israelis, analyst saysH.A. Hellyer, senior associate fellow at Royal United Services Institute for Defence and Security Studies, says the U.S. has been giving Israel "more or less a blank check" over the past seven months.

Persons: Hellyer Organizations: Washington, Royal United Services Institute for Defence, Security Locations: U.S, Israel

☆ A City Tries to Measure the Violence It’s Preventing
▼ + stars: | 2024-04-22 | by ( Mark Obbie | ) www.nytimes.com time to read: +31 min

Headway A City Tries to Measure the Violence It’s Preventing In Baton Rouge, a public safety experiment could help to answer a critical question: Do community efforts to reduce street violence work? Like Ms. Robinson, Ms. Tate-Alexander, 48, raised her family in Baton Rouge. Baton Rouge became the first city outside New Jersey to be tutored in the Newark method. Calming the urge to retaliateBy June 2021, when Ms. Tate-Alexander started assembling the street team, Ms. Robinson joined up. At first, Ms. Robinson and Ms. Tate-Alexander seemed wary when I asked about him.

Persons: Angel Hawkins, Liz Robinson, Sateria Tate, Alexander, Tamikka, Liz, Louis Robinson’s, Louis Jr, Robinson, “, ‘, ’ ”, Louis, Louis BadAzz, —, Louis Robinson Jr, ’, Murphy Paul, Paul, Sharon Weston Broome, Alton Sterling, ”, Karan Deep Singh, Kathleen Flynn, Biden, Nina Revoyr, Ms, Tate, Aqeela Sherrills, Sherrills, Terrell, Mr, Aqeela, Courtney Scott, . Tate, ” Ms, Gerald Haynes, Haynes, hotheads, Khoury Brown, Geaux, he’s, Geaux Yella, Darius Crockett, Crockett, Kayla Atkins, Markel, Atkins, ” Mr, “ I’m, “ I’ll, ” Markel, Atkins’s, Gary Slutkin, Jeffrey A, Butts, John Jay, Dr, Scott, “ We’re, It’s, They’ll, that’s, interventionists, Stacy Adams fedora, George Floyd, Weeks, brutalized, Paul’s, Thomas S, Morse, Dy’Lan Fillmore, Mitchell, Fillmore, Robinson’s Organizations: The New York Times, Army, Louisiana State Police, Police, Baton Rouge Police Department, Centers for Disease Control, National Institute for Criminal, Ballmer Group, Baton, Bloods, Biden White House, Markel, Research, John, John Jay College of Criminal, Statistics, University of California, Newark, Metropolitan, Murphy Paul Rally, Mr Locations: Baton Rouge, La, Iraq, Afghanistan, Black, United States, —, Federal, Newark, N.J, Watts, Los Angeles, New Jersey, Chicago, Baton

☆ Meet the 6 startups reimagining the future of customer engagement with generative AI
▼ + stars: | 2024-02-01 | by ( Sponsor Post | ) www.businessinsider.com time to read: +8 min

2023 was a breakout year for generative AI that significantly advanced how companies build and deploy AI-powered products and experiences. Out of the many applications, Twilio selected six exceptional startups that leveraged practical generative AI applications across healthcare, hospitality, logistics, and more. The honorees demonstrated extraordinary advances toward the future of trusted communications and customer engagement and proved the real promise of generative AI. By layering AI technology on top of legacy systems, FleetWorks is able to automate the most time-consuming part of logistics management: live order issue handling. Learn how to transform your communication channels with Twilio and Generative AI by visiting Twilio's website or by tuning into this recent webinar.

Persons: Twilio, Khozema Shipchandler, Brandon Leen, Sinead Bovell, Arist, Arist Arist, Fleetworks, Milo, Smith.ai Smith.ai Organizations: Twilio Ventures, BMO, DoorDash, World Health Organization, OpenAI, Insider Studios

☆ Charts show a stark difference in the human cost of Israeli-Palestinian conflicts over the years
▼ + stars: | 2023-11-12 | by ( Joanna Tan | ) www.cnbc.com time to read: +6 min

An aerial view of buildings destroyed by Israeli airstrikes in the Jabalia camp for Palestinian refugees in Gaza City on Oct. 11, 2023. Israel also suffered tremendous losses, with Oct. 7 described as "the deadliest day for Jews since the holocaust." There have been five major military conflicts between Israel and Hamas since the Jewish state unilaterally withdrew from the Gaza Strip in 2005. "Typically speaking, year on and year on, the number of Palestinian civilians killed by Israeli forces exceeds Israeli civilians killed by Palestinians, several times over," H.A. The data collated by CNBC shows that more than 18,600 Palestinians in Gaza and the occupied West Bank have been killed in conflicts with Israel since 2008.

Persons: Yahya Hassouna, that's, Hellyer, Paul Scham, CNBC it's, Daniel Byman, Scham, Israel doesn't Organizations: AFP, Getty, Hamas, United Nations Office, Humanitarian Affairs, West Bank, UN, Carnegie Endowment, International Peace, CNBC, United Nations, Israel Defense Forces, Palestinian Health Ministry, Royal United Services Institute for Defence, Security, University of Maryland, Middle East Institute, Washington , D.C, IDF, Center for Strategic, International Studies, Hellyer Carnegie Endowment Locations: Gaza City, Gaza, Israel, OCHA, Palestinian, Jihad, Hamas, Washington ,, Egypt

☆ Germany buys stake in EnBW's high voltage grid for $1.1 bln
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

Solar panels of Germany's largest solar park Weesow-Willmersdorf by energy supplier EnBW AG are seen during sunset in Werneuchen, Germany September 21, 2023. EnBW earlier this year already sold a 24.95% stake in TransnetBW to a savings banks-led consortium for around 1 billion euros ($1.1 billion). The group confirmed that KfW had bought its stake at the same conditions, without providing details. "We are delighted to welcome two long-term oriented and reliable co-investors on board at TransnetBW," EnBW finance chief Thomas Kusterer said in a statement. "This provides EnBW with additional funding for growth investments to accelerate the implementation of the energy transition in Germany."

Persons: Lisi Niesner, firming, KfW, Thomas Kusterer, Christoph Steitz, Jan Harvey Organizations: EnBW, REUTERS, Rights, Thomson Locations: Werneuchen, Germany, TransnetBW, Berlin

According to the United Nations, there are now some 5.9 million Palestinian refugees worldwide, most of them descendants of that 1948 generation of exiles. The struggle of the Palestinians is felt especially keenly in Jordan, where more than half of the population is either Palestinian or of Palestinian descent – including more than two million Palestinian refugees. But that passion for the Palestinian cause resonates across the Arab world that is home to more than 450 million people. Young people from across the Arab world have chanted the very same rallying cries their parents and grandparents chanted before them. Leon Neal/Getty Images“For much of the Arab world, the question of Palestine represents the last colonized Arab people trying to gain their freedom,” said H.A.

Persons: Hussein, Abdel, Munim Dababsheh, Israel, Hatem Moussa, Gazans, Antony Blinken, Blinken, Abdel Fattah el, Sisi, ”, Dababsheh, won’t, “, Mustafa Hamarneh, ” Hamarneh, CNN’s Clarissa Ward, Rahma Zein, Leon Neal, Ahmed El, Saied, Alya, Bezalel Smotrich, Itamar Ben Gvir, Meir Kahane, Ben Gvir’s, Ayala Nimrodi, Benjamin Netanyahu, ” Hellyer, Hanya, ” CNN’s Claudia Otto, Aqeel Najim Organizations: Jordan CNN —, United Nations, Camp, West Bank, Israel, European Union, Israel Defense Forces, Press, UNRWA, Tel Aviv University, Sunday, Getty, Carnegie Endowment, International Peace, Royal United Services Institute, Hamas, Finance, National, CNN Locations: Amman, Jordan, Jabal Al, Jordanian, Palestine, America, ”, Israel, Gaza, Egypt, Deir al, Palestinian, reoccupying Gaza, Rafah, Lebanon, Libya, Tunisia, Iraq, Yemen, Kuwait, Iran, Young, Tel Aviv, London, Baghdad, Huwara

☆ Unlikely Israel will launch ground attack on Gaza during Biden's visit, says expert
▼ + stars: | 2023-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnlikely Israel will launch ground attack on Gaza during Biden's visit, says expertH.A. Hellyer, international security studies expert at the Carnegie Endowment for International Peace and Royal United Services Institute, discusses U.S. President Biden's visit to the Middle East in the midst of the Israel-Hamas conflict.

Persons: H.A, Biden's Organizations: Carnegie Endowment, International Peace, Royal United Services Institute Locations: Gaza, Israel

☆ How Hamas secretly built a 'mini-army' to fight Israel
▼ + stars: | 2023-10-13 | by ( Samia Nakhoul | ) www.reuters.com time to read: +9 min

[1/2] Palestinian Hamas militants take part in a rally marking the 31st anniversary of Hamas' founding, in Gaza City December 16, 2018. In the 2008 Gaza war, Hamas rockets had a maximum range of 40 km (25 miles), but that had risen to 230 km by the 2021 conflict, he added. For Iran, Hamas has helped it realise a years-long ambition to encircle Israel with legions of paramilitaries, including other Palestinian factions and Lebanon's Hezbollah, according to Western officials. After Israel withdrew from Gaza in 2005, Hamas began importing rockets, explosives and other equipment from Iran, Western intelligence sources have said. Iran seized the opportunity to co-opt Hamas in 1992 when Israel deported about 400 Hamas leaders to Lebanon, the source close to Hamas said.

Persons: Abu Mustafa, Ali Baraka, Baraka, Israel, Gazans, Ismail Haniyeh, SHEIKH YASSIN, Sheikh Ahmed Yassin, It's, Jonathan Saul, John O'Donnell, William Maclean, Pravin Organizations: REUTERS, Israel, Hamas, Britain's Royal United Services Institute, Jewish Institute for National Security of, European Union, Al Jazeera, U.S . State Department, Front, Liberation of Palestine, General Command, Brotherhood, Hezbollah, U.S, Thomson Locations: Gaza City, DUBAI, Gaza, Iran, Israel, Iranian, Lebanon, Jihad, U.S, United States, Canada, Egypt, Japan, Qatar, Tehran, Syria, Sudan, Iraq, Yemen, Islam, Damascus, Lebanese, Al Aqsa, Britain, London

☆ Arab States Say Palestinians Must Stay on Their Land as War Escalates
▼ + stars: | 2023-10-13 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +6 min

It reflects deep-rooted Arab fears that Israel's latest war with Hamas in Gaza could spark a new wave of permanent displacement from land where Palestinians want to build a future state. Some 700,000 Palestinians, half the Arab population of what was British-ruled Palestine, fled or were driven from their homes, many spilling into neighbouring Arab states where they or many of their descendants remain. Israel contests the assertion it drove Palestinians out, pointing out it was attacked by five Arab states the day after its creation. Palestinians and Arab states say a deal should include the right of those refugees and their descendants to return, something Israel has always rejected. After an emergency Arab League meeting on Wednesday, Jordan's Foreign Minister Ayman Safadi said all Arab states agreed to confront any attempt to displace Palestinians from their homeland.

Persons: Suleiman Al, Khalidi, Maya Gebeily, Abdel Fattah al, Sisi, Jordan's King Abdullah, Ahmed Aboul Gheit, Antonio Guterres, Stephane Dujarric, Gilad Erdan, Israel, Erdan, U.N, Khan Younis, Mariam al, Ayman Safadi, Aidan Lewis, Tom Perry, Aiden Nulty, Michelle Nichols Organizations: Hamas, West Bank, Israel, Arab League, United, United Nations, Muslim, Royal United Services Institute, Jordan's Locations: Maya Gebeily AMMAN, BEIRUT, Gaza, Israel, Palestinian, Egypt, Jordan, British, Palestine, Gaza City, United States, Farra, Sinai, Israeli, Rafah, Cairo, Khalidi, Amman

Persons: Abdel Fattah al, Sisi, Vladimir Putin, Alexei Danichev, Jordan, Israel, Gazans, Jordan's King Abdullah, Ahmed Aboul Gheit, Antonio Guterres, Stephane Dujarric, Gilad Erdan, Erdan, U.N, Khan Younis, Mariam al, Ayman Safadi, Maya Gebeily, Suleiman Al, Aidan Lewis, Tom Perry, Aiden Nulty, Michelle Nichols Organizations: Sputnik, REUTERS Acquire, Hamas, West Bank, Israel, Arab League, United, United Nations, Muslim, Royal United Services Institute, Jordan's, Thomson Locations: Russia, Africa, Saint Petersburg, Egypt, AMMAN, BEIRUT, Gaza, Israel, Palestinian, Jordan, British, Palestine, Gaza City, United States, Farra, Sinai, Israeli, Rafah, Cairo, Khalidi, Amman

☆ Australia's CSL tanks as Novo Nordisk's kidney trial success stokes competition concerns
▼ + stars: | 2023-10-12 | by ( Archishma Iyer | ) www.reuters.com time to read: +1 min

Oct 12 (Reuters) - Shares of biotechnology firm CSL (CSL.AX) fell to a four-year low on Thursday, after rival Novo Nordisk's (NOVOb.CO) Ozempic drug showed early signs of success in delaying the progression of kidney disease in diabetes patients. Shares of CSL closed 5.7% lower at A$239.77, their lowest since Oct. 10, 2019, after falling 6.7% earlier in the session. The stock also marked its worst intraday session in four months and was the top loser on the benchmark. CSL's Vifor segment, which includes therapies for kidney diseases and iron deficiencies, faces concerns of competition in the segment after Ozempic's early trial success, analysts said. Reporting by Archishma Iyer in Bengaluru; Editing by Varun H KOur Standards: The Thomson Reuters Trust Principles.

Persons: Novo, Shane Ponraj, Morningstar, Tim Waterer, Archishma Iyer, Varun Organizations: CSL, Novo Nordisk's, CSL Vifor, Novo Nordisk, KCM Trade, Sonic Healthcare, Thomson Locations: Danish, Bengaluru

☆ Tens of thousands demand climate action in Swiss capital
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +2 min

[1/3] Protesters gather demanding policies to combat climate change in Bern, Switzerland September 30, 2023, in this screen grab obtained from social media video. Setayesh Ansari/Instagram @setayesh.ans via REUTERS Acquire Licensing RightsGENEVA, Sept 30 (Reuters) - More than 60,000 protesters gathered in the Swiss capital Bern on Saturday demanding tougher policies to combat climate change, organisers said, less than a month ahead of a national election. "Many have been losing hope because the government is approving new roads and delaying the climate law. Switzerland's policies are deemed "insufficient" by research consortium Climate Action Tracker. Its voters approved a draft climate law in June that aims to cut emissions to net zero by 2050 by giving financial incentives for firms and consumers to switch to renewables.

Persons: Setayesh Ansari, Instagram @setayesh.ans, Georg Klingler, Emma Farge, Andrew Cawthorne Organizations: Protesters, REUTERS Acquire, Rights, Greenpeace, Green Party, Thomson Locations: Bern, Switzerland, Swiss

☆ Big startups are a bust so prestige investors are fighting for deals into tiny European companies
▼ + stars: | 2023-09-05 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +4 min

Funding to European startups across the board dropped by almost 60% to $23 billion in the first six months of 2023, according to Crunchbase data. ElevenLabs, a London-based artificial intelligence startup founded by Google and Palantir alumni, pulled in $18 million at a $100 million valuation a year after it was founded. Mistral, another European startup set up by ex-Facebook and DeepMind staffers, raised $113 million a month after it was founded. AI has been of particular interest to investors with similar hype surrounding a deal for London-based text-to-voice startup ElevenLabs. Industry stakeholders believe that teams springing from already successful companies to set up their own startups will be very attractive with some predicting startups founded between 2022 and 2024 primed to be very in demand in the future.

Persons: Andreessen Horowitz, David Schreiber, Duco van, Pivot, Marc, Antoine Lacroix, Romain Libeau, Sifted, Filip Dames, Dames Organizations: Google, Mistral, Facebook, Ventures, Cocoa, Club, Cherry Ventures, Sequoia, Industry Locations: Europe, London, Paris, Berlin

☆ Quench.ai, a new startup from the cofounder of verification unicorn Onfido, just raised a $5 million pre-seed round with this 11-slide pitch deck
▼ + stars: | 2023-07-24 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Quench.ai, a new company from Onfido cofounder Hussayn Kassai, has raised $5 million. The pre-seed round came from an array of firms including Firstminute Capital and Tuesday VC. The startup wants to help upskill young professionals at companies to give them a competitive edge. Quench.ai, a new startup using AI to help upskill workers, has raised $5 million in pre-seed funding. The startup, which was set up by the cofounder of identity verification unicorn Onfido, aims to help professionals find relevant training content to help with learning and development.

Persons: Hussayn Kassai, Kassai, Quench.ai Organizations: Firstminute Capital, Firstminute, VC, BY Venture Partners, Ada Ventures, Ventures, Notion Locations: COVID, Europe

☆ Aussie retailers in for more pain as high interest rates squeeze spending - Citi
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

July 6 (Reuters) - Australian retailers are in for a sombre period this fiscal year as high interest rates squeeze household budgets, especially for discretionary spending, Citigroup said on Thursday, with expected further rate hikes likely to dent confidence even more. The brokerage cut its fiscal 2024 earnings forecast for electronics retailer JB Hi-Fi (JBH.AX), fashion retailer Premier Investments (PMV.AX), auto parts retailer Super Retail (SUL.AX), and retail conglomerate Wesfarmers (WES.AX). "It appears the two recent rate rises (in May and June) following the April pause has been the final straw, pushing some consumers to restrain their spending," Citi analysts Adrian Lemme and James Wang wrote in a note. They estimate the high rates have pushed up net household interest expense by around A$30 billion over five years through 2024. "Given Citi forecasts another two rate rises, we think confidence will remain depressed for now," the analysts said.

Persons: Adrian Lemme, James Wang, JB, Harvey Norman, Citi's, Sameer Manekar, Savio D'Souza Organizations: Citigroup, JB, Premier Investments, Super, Citi, Australia, UBS, Pizza Enterprises, Coles Group, Woolworths, Thomson Locations: Bengaluru

☆ Australia urged to ban online gambling ads to curb growing addiction
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +2 min

The committee made 31 recommendations on how online gambling, which it said was changing the culture of sport, should be regulated and how Australians struggling with addiction should be supported. Australians outspend the citizens of every other country on online gambling, Peta Murphy, chair of the committee said in the report titled "You win some, you lose more". Murphy said online gambling companies advertise deliberately and strategically alongside sport, which has normalised it as fun and harmless and socialble activity. A phased, comprehensive ban on all gambling advertising on all media, broadcast and online, that left no room for circumvention, was needed, the panel said. The gambling problem shifted online to a much greater extent when the COVID-19 pandemic forced the closure of public venues.

Persons: Peta Murphy, Murphy, Anthony Albanese, Albanese, Praveen Menon, Robert Birsel Organizations: SYDNEY, Entain PLC, Tabcorp Holdings, ABC Gold Coast, Thomson Locations: Australia, London

☆ Investors have piled into AI startups following the launch of ChatGPT. Here are 20 pitch decks used by Europe's AI founders to win over VCs.
▼ + stars: | 2023-06-16 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +5 min

AI startups raised $60 billion last year and investors have continued to pile in on the tech in 2023. Below are 20 pitch decks used by European startups deploying AI in everything from health to property. V7Generative AI, media, and designThis startup uses generative AI to speed up the property-buying process. This AI startup helps Big Tech firms compress videos while maintaining quality. This AI startup helps firms like TrueLayer and CurrencyCloud meet their revenue targets.

Persons: Sam Altman, Elon Musk, Andreessen Horowitz, Nat Friedman, Alberto Rizzoli, Simon Edwardsson, Iris Organizations: Morning, Investment, Venture, Insight Partners, Ventures, Google, Creative Fabrica, Big Tech, Health, Microsoft, Enterprise, Ikea, Twitter, CurrencyCloud Locations: Temasek

☆ TenneT lines up 8 bln-euro credit ahead of German operations sale
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +1 min

AMSTERDAM, June 14 (Reuters) - Electric grid operator TenneT Holding (IPO-TTH.AS) said on Wednesday it has signed an 8 billion euro ($8.63 billion) credit facility to support its spending plans as it awaits a deal to sell its German operations to the German state. Governments of the two countries have said they hope to agree a deal on the sale of TenneT Germany this summer and close a deal by the end of 2023, though talks have been going slowly. TenneT, which had a debt-heavy balance sheet of 38.5 billion euros at the end of 2022, in March estimated equity needs at its German arm of 15 billion euros and of 10 billion euros at its Dutch arm. TenneT said the 2.5-year facility is provided by BNP Paribas, ABN AMRO, BNG, Commerzbank, Deutsche Bank, ING, Rabobank, Santander, SMBC Nikko, and UniCredit. ($1 = 0.9271 euros)($1 = 0.9268 euros)Reporting by Toby Sterling, Editing by Louise Heavens and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

Persons: TenneT, Toby Sterling, Louise Heavens, Sharon Singleton Organizations: TenneT, BNP, ABN AMRO, Deutsche Bank, ING, Rabobank, Santander, Thomson Locations: AMSTERDAM, Dutch, Germany, Netherlands, BNG, Nikko

☆ Factbox: Penalties imposed on Australian companies over the recent years
▼ + stars: | 2023-05-30 | by ( ) www.reuters.com time to read: +3 min

Here are some of the major penalties imposed by the regulators:AMP LTD (AMP.AX)Troubled Australian wealth manager AMP Ltd was fined a court-mandated penalty of A$24 million in May for billing dead clients for insurance and financial advice. In October 2022, ANZ was penalised A$25 million for failing to provide certain benefits it had agreed to give customers. In October 2022, CBA's trading unit was fined A$20 million for compliance failures in delivering financial services. NATIONAL AUSTRALIA BANK (NAB.AX)National Australia Bank, the country's second-largest bank, was charged A$18.5 million penalty in August 2021 by a court for issuing misleading fee disclosure statements or none at all. WESTPAC BANKING CORP (WBC.AX)Australia's third-biggest lender, Westpac Banking Corp was ordered to pay A$113 million in penalties in April 2022 for multiple compliance failures across its businesses.

☆ After ChatGPT, AI startups are poised to boom. See 16 pitch decks used by founders in generative AI, health, and enterprise.
▼ + stars: | 2023-05-09 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +5 min

See 16 pitch decks used by AI founders using the tech in everything from health to fintech. V7Generative AI, media, and designSupernormal, a generative AI startup that automates meeting notes, just raised $10 million. This AI startup helps Big Tech firms compress videos while maintaining quality. These 3 founders are using AI to analyze patients' biological profiles and recommend drugs. This AI startup helps firms like TrueLayer and CurrencyCloud meet their revenue targets.

☆ 'We're not at the moon yet': Human-like A.I. is still some way off, early investor in Google's DeepMind says
▼ + stars: | 2023-05-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

"In terms of artificial general intelligence, OpenAI, ChatGPT stuff: it's like saying we're going to jump to the moon," Humayun Sheikh, a founding investor in AI startup DeepMind, which is now owned by Google , told CNBC in an interview. We are still some way off reaching human-level artificial intelligence despite rapid advances in the technology, according to an early investor in research laboratory DeepMind. His comments come as Google-parent Alphabet merges DeepMind with Google Brain, part of the U.S. internet giant's research division. Earlier this week, Demis Hassabis, the founder of DeepMind, told the Wall Street Journal that some form of AGI might be possible "in the next few years." How do we put that boundary around it and make sure AI doesn't go out of control?," Sheikh said.

In a report published on Tuesday, Hindenburg accused IEP of overvaluing its holdings and relying on a "Ponzi-like" structure to pay dividends. The subsequent plunge in IEP shares wiped $2.9 billion off Icahn's net worth, leaving him with an estimated $14.7 billion, according to Forbes. NAV is a key gauge of a fund's performance, measuring the market value of securities held by the fund. Driving the frothiness in IEP's stock, Hindenburg argued, is its dividend yield of 15.8%, the highest of any U.S. large cap company by far. Hindenburg also offered examples it said showed IEP itself was valuing its holdings way above their market value.

☆ Generative AI startup Synthesia in talks with US fund Accel to raise funds in a deal that could value it at around $1 billion, sources say
▼ + stars: | 2023-04-27 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Generative AI startup Synthesia is in talks to raise funds from US firm Accel, sources say. A deal could value the startup at around $1 billion, according to those familiar with the discussions. It is the latest AI startup to benefit from the immense demand from VCs to invest in the sector. AI startup Synthesia is in talks to raise funds in a deal that could value it at around $1 billion as investor demand for the sector continues to intensify, sources say. Fellow London startup ElevenLabs raised $100 million last month while the likes of Fetch.ai and Iris Audio raised $40 million and $7 million respectively.

☆ Australia's IPH reveals data breach originated from member firm's systems
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +1 min

April 17 (Reuters) - Australia's IPH Ltd (IPH.AX) said on Monday a forensic probe into the data breach last month revealed that a limited set of data, which originated from member firm Spruson & Ferguson (Australia), was downloaded by an unauthorised third-party. "Based on this analysis, IPH has determined to notify a small number of individuals whose personal information was in the dataset." The Sydney-based firm estimated A$2 million ($1.34 million) to A$2.5 million (pre-tax) to be incurred as non-underlying costs in its full-year 2023 accounts related to the incident. IPH joins a long list of Australian firms reporting cybersecurity breaches over the past few months, which experts have attributed to an understaffed cybersecurity industry in the country. read more($1 = 1.4923 Australian dollars)Reporting by Jaskiran Singh in Bengaluru; editing by Uttaresh VenkateshwaranOur Standards: The Thomson Reuters Trust Principles.

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