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British startup Quantexa has made a name for itself over the years with its enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, the company said it has raised a fresh $175 million to double down on that business and move deeper into another hot area: helping organizations understand and better use data across various silos to build and run AI services. The funding, a Series F, values Quantexa at $2.6 billion post-money — a significant jump from its last valuation of $1.8 billion in 2023. Teachers’ Venture Growth (TVG), a division of the…

Development comes after Florida Governor Ron DeSantis said the controversial influencers were not welcome in the state.Authorities in the United States have announced the launch of a criminal investigation into controversial social media influencers Andrew and Tristan Tate. James Uthmeier, the attorney general for the US state of Florida, said on Tuesday that he had instructed his office “to work with our law enforcement partners to conduct a preliminary inquiry” into the brothers. The Tate brothers – who arrived in Fort Lauderdale, Florida on February 27, after Romanian authorities lifted a travel ban against them – are facing trial in…

Alec Radford, a researcher who helped develop many of OpenAI’s key AI technologies, has been subpoenaed in a copyright case against the AI startup, according to a court filing Tuesday. The filing, submitted by an attorney for the plaintiffs to the U.S. District Court in the Northern District of California, indicated that Radford was served a subpoena on February 25. Radford, who left OpenAI late last year to pursue independent research, was the lead author of OpenAI’s seminal research paper on generative pre-trained transformers (GPTs). GPTs underpin OpenAI’s most popular products, including the company’s AI-powered chatbot platform, ChatGPT. Radford joined…

United States President Donald Trump has been true to his threats. On Tuesday, the Trump administration unleashed 25 percent blanket tariffs on Canadian imports, excluding energy, which was hit with 10 percent. Trump also slapped a 25 percent tariff on Mexico, and doubled China’s tariffs to 20 percent. Royal Bank of Canada economists Francis Donald and Cynthia Leach have called this the largest trade shock to Canada in nearly a hundred years. Vina Nadjibulla, vice president of research and strategy at the Asia Pacific Foundation of Canada, referred to the tariffs as an “existential fight” for Canada. Whatever the impact,…

A federal judge in Northern California denied Elon Musk’s motion for an injunction that would have halted OpenAI’s planned transition into a for-profit company, Bloomberg reported. Musk failed to provide enough evidence necessary for an injunction, U.S. District Court Judge Yvonne Gonzalez Rogers ruled Tuesday. However, Rogers said the court is prepared to hold an expedited trial solely based on the claim that OpenAI’s conversion plan is unlawful, noting that “irreparable harm is incurred when the public’s money is used to fund a non-profit’s conversion into a for-profit.” The ruling marks the latest turn in Musk’s lawsuit against OpenAI and…

NEW ZEALAND captain Mitchell Santner smiles during a press conference at the Gaddafi Stadium on Tuesday.—White Star LAHORE: Mitchell Santner, droopy-eyed with his hair a mess, yawned as soon as he sat down for his press conference at the Gaddafi Stadium on Tuesday. It’s been a quick turnaround between games for New Zealand and their skipper — two days on from playing their final group game against India in Dubai, here they were preparing for the Champions Trophy semi-final against South Africa on Wednesday. “It was actually probably more of a day’s sleep by the time we got here,” said…

SOUTH AFRICAN captain Temba Bavuma in action during a net practice session at the Gaddafi Stadium on Tuesday.—White Star LAHORE: South African captain Temba Bavuma hinted on Tuesday that the unnecessary trip to Dubai for his side could’ve been avoided, although he added there was little they could do with the Champions Trophy schedule having been made the way it was. Having clinched top spot in their section after winning the final Group ‘B’ match against England, South Africa had to travel to Dubai for the last Group ‘A’ match between New Zealand and India to see where they will…

LAHORE: After New Zealand’s pre-match press conference on Tuesday, the Gaddafi Stadium staff quickly got to work at changing the backdrop. Pakistan were holding a media briefing and having exited the Champions Trophy, this one couldn’t have the tournament branding. Pakistan had hoped to be here, in the semi-final of the first International Cricket Council tournament home soil in nearly three decades. “Lahore is my hometown so obviously there is a lot of regret,” Pakistan’s newly-appointed Twenty20 vice-captain Salman Ali Agha would tell reporters. “We didn’t play good cricket but we have to look ahead, move on in life.” After…

NHA TRANG, Vietnam (AP) — The gentle waves off the coast of central Vietnam’s Nha Trang obscure an open secret: The life-giving coral reefs below are dying. The waters are eerily devoid of fish. The bounty of the ocean is coming to an end.This is why Binh Van — who fished in these waters for over two decades — now charters his boat to Vietnamese tourists wanting to experience the thrill of fishing in the deep waters of the South China Sea. But there is only squid, which is flourishing in oceans warmed by climate change, to catch. His passengers…

The founder and CEO of IPO-bound fintech Klarna took to X to once again explain why his company ditched Salesforce’s flagship CRM product about a year ago in favor of its own homegrown AI system.  But this time, Sebastian Siemiatkowski emphasized that he doesn’t think others will — or should — follow his lead. “I don’t think it is the end of Salesforce; might be the opposite,” he wrote. The news that Klarna had developed its own in-house AI system based on OpenAI’s ChatGPT that allowed it to drop its contract for Salesforce CRM went viral in September. This came…