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Nvidia clearly doesn’t agree with Anthropic’s support for export controls on U.S.-made AI chips. On Wednesday, Anthropic doubled down on its support for the U.S. Department of Commerce’s “Framework for Artificial Intelligence Diffusion,” which would impose sweeping AI chip export restrictions starting May 15. The next day, Nvidia responded with a very different take on the upcoming controls. “American firms should focus on innovation and rise to the challenge, rather than tell tall tales that large, heavy, and sensitive electronics are somehow smuggled in ‘baby bumps’ or ‘alongside live lobsters,’” a spokesperson for Nvidia told CNBC, in reference to Anthropic’s…

Scams remain a persistent threat despite growing awareness, largely because they exploit human trust through manipulation and misrepresentation. Unlike traditional fraud, scams often involve victims willingly sharing sensitive information, unaware of the scammer’s true intent until it’s too late.The financial impact is staggering, with scammers estimated to steal $1.03trn globally each year, according to the Global State of Scams Report 2024.Unit21, a provider of configurable compliance solutions, has released a new whitepaper titled The Scam-demic: How FIs & FinTechs can fight back against the latest scam threats. The paper explores how scams have evolved and how new technologies are reshaping…

Anthropic on Thursday launched a new way to connect apps and tools to its AI chatbot Claude, as well as an expanded “deep research” capability that allows Claude to search the web, enterprise accounts, and more. The new app connection feature, called Integrations, and expanded deep research tool, dubbed Advanced Research, are available in beta for subscribers to Anthropic’s Claude Max, Team, and Enterprise plans, and soon Pro. In related news, Anthropic has also upped the rate limits for its AI-powered coding tool, Claude Code, for Max customers. Integrations and Advanced Research are both a part of Anthropic’s effort to…

After nearly 13 years in business, Fivetran will now be able to offer its customers an end-to-end data movement solution. Fivetran, which helps enterprises move data from a variety of sources into cloud databases, announced on Thursday it has acquired Census, a reverse extract, transform, and load (ETL) platform that enables companies to transfer data out of databases and into operational tools. Census was founded in 2018 and raised more than $80 million in venture funding from firms including Sequoia, Andreessen Horowitz, and Tiger Global. The terms of the deal were not disclosed, but Census was last valued at $630…

Tide, a UK-based business financial platform supporting over 1 million small and medium-sized enterprises (SMEs) worldwide, has secured a £100m securitisation debt facility from Fasanara Capital, a London-based investment manager with more than $4.5bn in assets under management.The facility from Fasanara is set to strengthen Tide’s short-term cash flow management solutions for its UK SME members. The capital injection is expected to support the distribution of over £300m in working capital loans across the country.Founded in 2015 and launched in 2017, Tide provides SMEs with business accounts, payment services, administrative tools, and access to credit. The platform currently supports around…

TradeBridge, a FinTech lender providing embedded finance solutions to SMEs, has secured an additional £70m financing facility from global investment manager Castlelake.The new funding was provided by Castlelake, a firm specialising in asset-based private credit, and follows a previous £100m facility granted in 2023. This additional £70m facility will be used to support TradeBridge’s growing base of B2B and B2C eCommerce marketplace clients, including UK Amazon sellers, through a newly announced partnership with Amazon.TradeBridge provides flexible and scalable finance solutions aimed at helping small and medium-sized enterprises access capital for growth. With operations in London, Singapore and Sydney, the company…

Google is expanding access to AI Mode, its experimental feature that allows users to ask complex, multi-part questions and follow-ups to dig deeper on a topic directly within Search. The tech giant is also adding more functionality to the feature, including the ability to pick up where you left off on a search. Google launched AI Mode back in March as a way to take on popular services like Perplexity AI and OpenAI’s ChatGPT Search. The updates announced today are designed to allow AI Mode to better compete with the aforementioned services. With this expansion, Google is getting rid of the…

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership with Apple for its generative AI offering, Apple Intelligence, the release of GPT-4o with voice capabilities, and the highly-anticipated launch of its text-to-video model Sora. OpenAI also faced its share of internal drama, including the notable exits of high-level execs like co-founder and longtime chief…

TechCrunch Sessions: AI is just over a month away! We’re doing a last call for exceptional volunteers to join us in bringing this event to life. If you’ve ever wondered about the inner workings of tech events, now’s your chance to get involved. Volunteer spots are limited, so don’t miss out. Apply before the May 22 deadline to be considered. Preference is given to those who apply early, so the sooner the better! As a volunteer, you’ll gain exclusive access to the behind-the-scenes action, witnessing firsthand how these events are crafted. Plus, you’ll receive a complimentary ticket to enjoy TC…

Digital payment fraud across Europe climbed dramatically in 2024, according to a new report from Tietoevry Banking.Analysing more than 3.7bn transactions and 200,000 fraud cases, the firm reported a 43% increase in attempted fraud compared with the previous year, driven in large part by AI-powered social engineering.The findings point to a striking 156% jump in social manipulation scams and a 77% increase in phishing attacks over the past year. The proliferation of sophisticated methods—such as deepfake voice calls, AI-generated phishing emails and QR code scams—has made it increasingly difficult for both financial institutions and consumers to detect fraud in real…