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Vicki Hollub ran operations in the Permian basin for Oxy before becoming CEO. She posed for Forbes in 2017.Tim Pannell for Forbes Occidental Petroleum’s conventional oilfields in the Permian basin of west Texas have been producing for decades. And although output has slowed, there remains 2 billion barrels of oil still trapped thousands of feet below the surface. Engineers have figured out several methods over the years to scour out stubborn oil from nooks and crannies in the reservoir rock (think of a sponge but with much tighter pore spaces). One involves strategically injecting water below the level of the…

Growers Edge, a FinTech company focused on the agriculture sector, has raised $25m in a new funding round to scale its innovative financial services tailored to ag retailers, manufacturers, and lenders.The round was co-led by S2G Investments, Cibus Capital, and Lowercarbon Capital. Additional backing came from Otter Creek, iSelect, and Jeff Ubben, the founder of ValueAct Capital.Based in the US, Growers Edge offers a suite of financial tools designed to reduce risk and encourage innovation in farming. Its offerings include a Crop Plan Warranty Program, land and climate intelligence tools, digital mortgage lending products, and input lending solutions.The fresh injection…

Duolingo is introducing 148 new language courses that were created with generative AI, the company announced on Wednesday. The launch comes as Duolingo has been facing backlash this week after sharing that it was going to replace contractors with AI and become an “AI-first” company. The company says the launch of the new courses doubles its current course offerings and marks the largest expansion of content in Duolingo’s history. “Developing our first 100 courses took about 12 years, and now, in about a year, we’re able to create and launch nearly 150 new courses,” said Duolingo co-founder and CEO Luis…

The White House on Tuesday accused Amazon of committing a “hostile and political act” by planning to list extra tariff costs on its website. Amazon has disputed the allegation, saying it is not planning to display any added trade charges. At a news conference marking President Donald Trump’s first 100 days in office, White House Press Secretary Karoline Leavitt lashed out at Amazon over news reports that suggested the company was considering displaying the added cost of tariff duties on its online platform. “Why didn’t Amazon do this when the Biden administration hiked inflation to the highest level in 40…

NEW YORK (AP) — Fashion icons like Dapper Dan, Janelle Monáe and the late André Leon Talley are known for their distinctive approaches to sartorial style — bold splashes of color, luxurious fabrics, playful construction, capes — but fashion savants and historians agree that a common thread weaves their tailored looks together: dandyism.The history-laden style movement will be front and center as part of the Metropolitan Museum of Art’s Costume Institute spring exhibit, “Superfine: Tailoring Black Style,” kicking off with the biggest night in fashion, Monday’s Met Gala.Inspired by Monica Miller’s book “Slaves to Fashion: Black Dandyism and the Styling…

Did you miss your chance to apply for a Side Event at “TechCrunch Sessions: AI Week?” Don’t worry – we’ve extended the deadline by three more days! You now have until May 2 at 11:59 p.m. PT to submit your proposal. This is your opportunity to connect with attendees of TC Sessions: AI and the vibrant Berkeley community. Simply submit your event idea through the (no fee) Side Events application on this page and amplify your brand’s presence at this highly anticipated AI event! Why host a Side Event? TC Sessions: AI offers a comprehensive look at the cutting-edge AI…

Did you miss your chance to apply for a Side Event at “TechCrunch Sessions: AI Week?” Don’t worry – we’ve extended the deadline by three more days! You now have until May 2 at 11:59 p.m. PT to submit your proposal. This is your opportunity to connect with attendees of TC Sessions: AI and the vibrant Berkeley community. Simply submit your event idea through the (no fee) Side Events application on this page and amplify your brand’s presence at this highly anticipated AI event! Why host a Side Event? TC Sessions: AI offers a comprehensive look at the cutting-edge AI…

The scale of illicit finance continues to grow, with Nasdaq estimating that over $3.1tn in dirty money flowed through the global system in 2024.Money mules, individuals moving criminal funds on behalf of networks, play a major role in disguising the origins of these transactions. As criminals become more sophisticated, financial institutions must prioritise improving money mule detection to mitigate risk, regulatory fines, and reputational damage.Symphony AI, a developer of vertical-specific AI applications, recently delved into how firms can enhance money mule detection to reduce risk exposure. Money muling blurs the lines between compliance and fraud, requiring both teams to collaborate closely.…

Artificial intelligence “agents” are supposed to be more than chatbots. The tech industry has spent months pitching AI personal assistants that know what you want and can do real work on your behalf.So far, they’re not doing much. Visa hopes to change that by giving them your credit card. Set a budget and some preferences and these AI agents — successors to ChatGPT and its chatbot peers — could find and buy you a sweater, weekly groceries or an airplane ticket.“We think this could be really important,” said Jack Forestell, Visa’s chief product and strategy officer, in an interview. “Transformational,…

Wikipedia on Wednesday revealed its new AI strategy for the next three years — and it’s not replacing the Wikipedia community of editors and volunteers with artificial intelligence, thankfully. Instead, Wikipedia says it will use AI to build new features that “remove technical barriers,” allowing editors, moderators, and patrollers tools that allow them to accomplish what they need to do, without worrying about how to “technically achieve it.” Amid concerns that AI could eventually impact jobs held by people today, especially in terms of content creation, Wikipedia indicates that it intends to use AI as a tool that makes people’s jobs easier, not…