Rex Salisbury’s Cambrian Ventures raises new fund, bucking fintech slowdown
Spurred by the performance of its first fund, Cambrian Ventures’ $20 million second fund will continue the firm’s thesis of focusing on fintech startups.
Meet the cement transport ship that makes cement ingredients while sailing
London-based Seabound has developed a carbon capture system that transforms CO2 from a ship’s engine into limestone, which Heidelberg Materials will use to make cement.
UK retail giant Co-op confirms hackers stole all 6.5 million customer records
The hackers stole the company’s member list, which included customer names, addresses, and contact information.
Meta reportedly scores two more high-profile OpenAI researchers
OpenAI researcher Jason Wei will reportedly join Meta’s new Superintelligence Lab. Another team member, Hyung Won Chung, might also join Meta, as the company works to catch up to rivals in the AGI race.
Small Changes in AI Models Can Produce Big Energy Savings
Small tweaks to AI model size, prompt length, and compression techniques can deliver major energy savings, according to a new UNESCO report. Experts say that tailoring large language models to specific tasks could
Bally’s $4B Bronx casino bid blocked by decisive NYC Council vote
Bally’s Entertainment’s (Bally’s) $4 billion bid to build a casino in the heart of the Bronx was dealt a possibly fatal blow by the New York City Council. After a heated vote by New York councillors, they decided to
Tennessee regulator hits illegal offshore sportsbooks with $250K in fines
The Sports Wagering Council (SWC) of Tennessee has issued $250,000 in fines to five illegal offshore gambling operators. The Nashville-based betting watchdog imposed the massive fines because the five unregistered
Philippines Central Bank and FinTech Alliance partner to tighten gambling regulations
Philippines Central Bank (Bangko Sentral ng Pilipinas BSP) has partnered with FinTech Alliance Philippines to strengthen the nation’s regulatory frameworks and tighten online gambling reforms. The Fintech Alliance,
California ban on sweepstakes casinos receives another unanimous vote
The California ban on sweepstakes casinos is inching ever closer to success. After AB 831 was overhauled last month to focus on the new style of gambling, it has gained quite a bit of support. Now, it’s passed
UNO is sort of coming to Las Vegas casino tables – what to know
It’s a household favorite, but it looks like Mattel’s UNO is heading to Las Vegas casino tables, at least for a little while. Known for bringing friends and families together, UNO will pop up this weekend at a Las