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Confident Security, ‘the Signal for AI,’ comes out of stealth with $4.2M | TechCrunch

TechCrunch · 21d ago

Confident Security, a San Francisco-based startup, has launched with $4.2 million in seed funding to offer CONFSEC, a tool ensuring data privacy in AI use. Aimed at sectors like healthcare and finance, it encompasses end-to-end encryption, preventing data storage or unauthorized access by AI vendors. Confident Security aims to be an intermediary for AI providers, focusing on trust and privacy, amid rapid AI adoption concerns. The system is similar to Apple’s Private Cloud Compute architecture.

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X's new DM feature, XChat, is rolling out in beta | TechCrunch

TechCrunch · 2m ago

X has started rolling out XChat, its new DM feature, to beta testers, particularly those using its subscription service. XChat is designed to enhance the existing DM feature, with rumored capabilities like group messaging, end-to-end encryption, message vanishing, and file sharing. Reports indicate messages are secured with a passcode. The release of XChat, which may replace the current DM system, comes as X pauses work on its encrypted DM feature, aligning with Elon Musk's Signal-like messaging ambitions.

OpenAI's $200M DoD contract could squeeze frenemy Microsoft | TechCrunch

TechCrunch · 1m ago

OpenAI's $200M DoD contract could squeeze frenemy Microsoft | TechCrunch

OpenAI secured a $200 million contract with the U.S. Department of Defense to develop AI prototypes for tasks like healthcare and cyber defense. This partnership underscores the strategic interest in leveraging AI for national security while highlighting potential tension with Microsoft, a key OpenAI investor, due to its longstanding government ties. OpenAI's involvement comes amid concerns about AI competition with China, and open initiatives like "OpenAI for Government" aim to broaden its government collaborations.

Brevian is a no-code enterprise platform for building AI agents

TechCrunch · 1y ago

Brevian is a no-code enterprise platform for building AI agents

Brevian, a startup based in Sunnyvale, aims to simplify the process of building custom AI agents for business users, focusing initially on support teams and security analysts. The company recently emerged from stealth mode with $9 million in seed funding. Brevian's founders, Vinay Wagh and Ram Swaminathan, come from diverse backgrounds in product management and machine learning respectively. Their goal is to address the security concerns associated with generative AI in enterprises and provide systems that effectively solve real problems for businesses. The funding will be used to accelerate product development and expand the team.

UAE's deal to buy Nvidia AI chips reportedly on hold | TechCrunch

TechCrunch · 22d ago

UAE's deal to buy Nvidia AI chips reportedly on hold | TechCrunch

The AI deal between the U.S. and the UAE to purchase Nvidia AI chips is reportedly on hold due to national security concerns. The U.S. fears the chips could end up in China despite UAE and Saudi Arabia's assurances of safeguards. This comes amid increasing worries about chip smuggling to China. The U.S. may impose export restrictions on Thailand and Malaysia, with Malaysia introducing an export permit requirement for U.S. AI chips.

Signal preps its encryption engine for the quantum doomsday inevitability

Arstechnica

Arstechnica · 1y ago

Signal preps its encryption engine for the quantum doomsday inevitability

The Signal Foundation, creator of the Signal Protocol used by over a billion people, has released an update to prepare for the potential downfall of current cryptographic protocols. The Signal Protocol is essential for end-to-end encryption in messaging apps such as Signal, Google RCS, and WhatsApp. The update replaces X3DH with elliptic-curve Diffie-Hellman (ECDH) for better security against potential attacks, including those from future quantum computers. ECDH relies on the Discrete Logarithm problem and is considered resistant to quantum computing threats.

Armenia's 10web brings AI website-building to Wordpress | TechCrunch

TechCrunch · 1y ago

Armenia's 10web brings AI website-building to Wordpress | TechCrunch

Armenian startup 10web is using generative AI models to simplify and improve the website building experience for users of WordPress, the widely-used content management system. WordPress, although popular for its customization options, requires more advanced web design skills and additional backend management. By integrating AI models like Llama 2 and GPT-4 into its platform, 10web aims to make WordPress more user-friendly. With an open-source community of two million developers, 10web is confident in its growth potential and is currently generating $5 million in annual recurring revenue, with plans to reach $25 million by the end of next year.

Khyaal Raises USD 4.2M

Finsmes · 1y ago

Khyaal Raises USD 4.2M

Mumbai-based app provider for seniors, Khyaal, has secured $4.2 million in funding, bringing its total funding to $5.4 million. The funding round was led by 62Ventures, SVQuad, and Inventus Capital, with participation from several other investors. The company plans to use the funds to expand its operations and reach. Khyaal's app offers a community for seniors and their families with entertainment content, games, and financial services tailored to their needs, including a smart payment card. The app also provides curated travel plans for seniors to explore new experiences safely.

PhysicsX emerges from stealth with $32M for AI to power engineering simulations

TechCrunch · 1y ago

PhysicsX emerges from stealth with $32M for AI to power engineering simulations

London-based AI startup PhysicsX has come out of stealth mode with $32 million in funding for its AI platform designed to create and run simulations for engineers in industries such as automotive and aerospace manufacturing. The platform aims to accelerate the development process by simulating and testing new ideas before committing to production, ultimately optimizing the performance of physical systems. PhysicsX plans to use the funding for business development and further platform development. The round was led by General Catalyst, with participation from Standard Industries, NGP Energy, Radius Capital, and Henry Kravis.

Ex-Waymo engineers launch Bedrock Robotics with $80M to automate construction | TechCrunch

TechCrunch · 21d ago

Ex-Waymo engineers launch Bedrock Robotics with $80M to automate construction | TechCrunch

Bedrock Robotics, founded by former Waymo engineers, emerged from stealth with $80 million in funding to automate construction vehicles through retrofit self-driving kits. Bedrock equips existing fleets with sensors and AI to match project goals amidst changing conditions, operating around the clock. The company is currently testing in various US states and aims to enhance off-road vehicle autonomy in construction, a niche attracting various autonomous technology startups.

Signal usernames rolling out, to keep your phone number private - StartupNews.fyi

Startup News FYI

Startup News FYI · 1y ago

Signal usernames rolling out, to keep your phone number private - StartupNews.fyi

Signal, the secure messaging app recommended by Edward Snowden, has finally added support for usernames. Previously, users had to share their phone numbers to connect with others on Signal. With the new update, users can now create usernames and share them instead of giving out their phone numbers. This feature allows for greater privacy and control over who can contact you on the app. Users can also choose whether or not to make their phone numbers visible in chats. Additionally, a new privacy setting prevents people from finding you on Signal by searching your phone number.

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