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AI brings complexity to cybersecurity and fraud

CIO

Artificial Intelligence has sharpened both edges of the sword, as organizations are better equipped to defend against cybersecurity conundrums that are finessed to be deadly, wide-ranging and impacting operations and market reputation. MFA and biometric verification enhance access security, reinforced by security awareness training.

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Former SpaceX engineers bring autonomous, electric rail vehicle startup out of stealth

TechCrunch

Parallel Systems, a company founded by three former SpaceX engineers to build autonomous battery-electric rail vehicles, came out of stealth mode on Wednesday with a $49.55 million Series A raise. The company, which has raised $53.15 million to date, including a $3.6 The company, which has raised $53.15 million to date, including a $3.6

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Sequoia picks its horse in the consumer carbon offset market, leading a $2.5 million round for Joro

TechCrunch

She initially thought she’d focus on transportation, but her mind kept returning to consumer consumption habits and the potential to reduce CO2 emissions by targeting consumer behavior. The world will be a better place because of what Joro will bring to market.”. “Systems are made of people.

Marketing 282
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Navigating the future of national tech independence with sovereign AI

CIO

Sovereign AI refers to a national or regional effort to develop and control artificial intelligence (AI) systems, independent of the large non-EU foreign private tech platforms that currently dominate the field. Ensuring that AI systems are transparent, accountable, and aligned with national laws is a key priority.

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SmartRyde, a Japanese online platform for airport transfers, spurs global expansion with Series A

TechCrunch

SmartRyde , a Japanese online pre-booked airport transfers service platform, is a marketplace that connects travelers to local transportation operators/online travel agencies (OTAs). Due to the impact of COVID-19, there has been a change in the way people travel, such as avoiding congestion. since December 2020, as per its statement.

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EVs to power Kenya’s bus rapid transit system

TechCrunch

The BRT is a bus-based public transport system that delivers fast, comfortable and cost-effective services within metropolitan areas. This is due to several challenges, including weak electricity grids, insufficient charging infrastructure and a general lack of awareness.

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Optibus taps $100M at a $1.3B valuation for its AI-based mass transit operations platform

TechCrunch

Optibus , which uses AI to help public transportation bodies and their mass transit partners plan and operate their networks, has raised $100 million, funding that it will be using to continue expanding its product set and wider business footprint, CEO and co-founder Amos Haggiag said in an interview in London this week.