Startup Daily4h
After investing $10.4 million, EVP claims StrongRoom AI’s CEO and cofounder admitted to fraud with fake revenue numbers
EVP alleges the Melbourne startup claimed to be profitable, but was losing $800,000 a month, and misled them on debt levels ...
Startup Daily13h
Generating your AI grave? Canva sheds 10 technical writing staff after directing them to use artificial intelligence
Canva’s head of technical writing, Vikram Goyal, a senior engineering manager, appeared to be one of the 10 people laid off.
Startup Daily12h
Meta used pirated books by Australian authors to train its AI and now US courts may decide if this is ‘fair use’
Companies developing AI models, such as OpenAI and Meta, train their systems on enormous datasets. These consist of text from ...