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TikTok just can’t dodge the watchful eyes of the watchmen: Earlier this year, Taylor reported that a string of universities banned TikTok from devices. Last week, Paul reported that the European Commission threw the kibosh on having TikTok on work devices, and today, Amanda reported that Canada followed suit for its government devices. The bans are coming down over concerns that China-based TikTok can be used to spy on its users.
— Christine and Haje
Bain Capital Ventures is doubling down on what works, literally, Natasha M reports. The venture firm, one of Bain’s 11 financial divisions, has raised $1.9 billion across two funds, one for seed for growth-stage startups that hovers around $1.4 billion, and one for later-stage opportunities that closed around a third of that, at $493 million.
Devin reports that the FTC, fresh off announcing a whole new division taking on “snake oil” in tech, has sent another shot across the bows of the overeager industry with a sassy warning to “keep your AI claims in check.”
And we have five more for you:
The generative AI models that have made headlines and memes in recent months weren’t cooked up in someone’s garage or basement.
“Only well-funded institutions with access to a massive amount of GPU power are capable of building these models,” says Encord co-founder Eric Landau, who recommends using the iterative process of active learning to “leapfrog the AI production gap and build models capable of running in the wild more quickly.”
In a TC+ post aimed at ML team managers, he shares tactics for leveraging active learning and addresses the perennial buy-versus-build dilemma.
Three more from the TC+ team:
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As you can see from our stories today, Brian has been writing a lot about new phones lately. In this particular article, he spoke with Nothing’s Carl Pei about the company’s expansion strategy and its upcoming Phone (2) and how it will run on Qualcomm’s Snapdragon 8 series.
Meanwhile, Microsoft is really going all in on this artificial intelligence thing for Bing. Frederic reports that the software giant brings the new Bing to Windows 11 while also launching Phone Link for iOS.
And we have five more for you:
Source @TechCrunch
