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WASHINGTON (AP) — Harvard University is putting up $250 million of its own money to continue research efforts amid a federal funding freeze imposed by the Trump administration, but the school’s president warns of “difficult decisions and sacrifices” to come.The university joins a growing number of colleges moving to self-fund research as a way to compensate for at least some of the money lost to federal funding cuts. Johns Hopkins University has started offering grants of up to $150,000 a year to faculty facing “unexpected federal research funding disruptions.” Northwestern University said it’s covering the cost of research projects that…

Hitachi ZeroCarbon has announced a strategic partnership with global banking group MUFG to accelerate the electrification of commercial vehicle fleets by combining technological innovation with financial strength.The collaboration aims to eliminate the two most significant barriers to widespread EV adoption—upfront capital investment and operational complexity.The joint initiative targets fleet operators under pressure to decarbonise within tight regulatory and environmental deadlines. Transitioning from diesel-powered vehicles to electric fleets is a capital-intensive process, requiring investments in new vehicles, charging infrastructure, and workforce training. Many businesses face delays in embracing the EV shift due to these financial and operational challenges.By joining forces, Hitachi…

The UK’s carbon credit industry has the potential to become a key pillar of the country’s economy, with a new report suggesting it could support 135,000 skilled jobs and generate £1bn in tax revenue by 2035.According to BeZero Carbon, a global carbon ratings agency, the emerging market could also attract £10bn in private capital annually, rivaling the UK Government’s current international aid spending.The findings were published in BeZero Carbon’s latest paper, From risk to reward: Making the UK the carbon markets capital of the world. Released as the UK Government continues its consultation on the future of carbon and nature…

OpenAI is moving to publish the results of its internal AI model safety evaluations more regularly in what the outfit is pitching as an effort to increase transparency. On Wednesday, OpenAI launched the Safety evaluations hub, a web page showing how the company’s models score on various tests for harmful content generation, jailbreaks, and hallucinations. OpenAI says that it’ll use the hub to share metrics on an “ongoing basis,” and that it intends to update the hub with “major model updates” going forward. Introducing the Safety Evaluations Hub—a resource to explore safety results for our models.While system cards share safety…

ClearVector, a cybersecurity company pioneering identity-driven threat detection, has raised $13m in a Series A funding round.The investment was led by Scale Venture Partners, with support from Okta Ventures, Inner Loop Capital, and returning investor Menlo Ventures.ClearVector’s platform is designed to identify and stop adversaries by analysing runtime identity activity across complex production environments.The company’s approach moves away from traditional threat intelligence and focuses instead on monitoring human, non-human, and third-party identity behaviour to detect threats in real time.At the core of ClearVector’s technology is a purpose-built commercial graph that connects billions of data points to provide a unified view…

Tinubu, a global provider of enterprise software for the specialty insurance sector, has secured $45m in growth capital to accelerate innovation and international expansion.The funding round was led by Morgan Stanley Expansion Capital, with continued support from Long Arc Capital. The capital will fuel Tinubu’s product development and broaden its reach into additional specialty insurance lines.Tinubu offers end-to-end, cloud-based solutions tailored to the specialty insurance market, including capabilities for policy administration, underwriting, distribution, and claims. Its platform supports nearly 50 carriers and over 150 agencies across five continents.The company also confirmed the successful completion of its acquisition of Innoveo, a…

AI startup Stability AI has released Stable Audio Open Small, a “stereo” audio-generating AI model that the company claims is the fastest on the market — and efficient enough to run on smartphones. Stable Audio Open Small is the fruit of a collaboration between Stability AI and Arm, the chipmaker that produces many of the processors inside tablets, phones, and other mobile devices. While a number of AI-powered apps can generate audio, like Suno and Udio, most rely on cloud processing, meaning that they can’t be used offline. Stability also claims that Stable Audio Open Small’s training set is made…

Kovr.ai, an AI-native cyber compliance automation platform, has exited stealth with $3.6m in seed funding.The round was co-led by IronGate and Xfund, with participation from Hack Factory, OODA Ventures, and McLean Capital.Founded by former AWS, Gartner, and PwC executives Andrew Black and Sri Iyer, Kovr.ai aims to simplify compliance for heavily regulated industries. Its platform helps organisations quickly meet complex standards like FedRAMP, CMMC, and NIST by automating traditionally manual processes.The capital will support team expansion in engineering, product development, and go-to-market efforts. Kovr.ai’s solution integrates with DevOps tools such as GitHub, Splunk, and Snyk, and includes features like real-time…

As Canadian credit unions prepare for the end of Central 1’s digital banking platforms, Plumery and Aequilibrium have joined forces to support the sector through this critical period of transition.Plumery, known for its digital banking experience platform focused on customer-centricity, and Aequilibrium, a Vancouver-based digital transformation specialist, are working together to offer a secure and scalable alternative for small to mid-sized credit unions impacted by the wind-down of Central 1’s Forge and MemberDirect solutions.The move comes as the National Digital Banking Working Group (NDBWG) continues its search for solutions that reflect the unique needs and cooperative values of Canada’s credit…

A Dawn.com journalist has become the first Pakistani to win the top prize in the ‘Young Reporters Writing’ category at the International Sport Press Association’s 2024 AIPS Sport Media Awards, which honour the “world’s finest sports journalists”. According to a press release issued on Tuesday, the award ceremony was held in Rabat, the capital of Morocco. Anushe Engineer was chosen as the winner from three finalists in her category, surpassing France’s Louis Boulay and the United Kingdom’s Issy Ronald, for her feature, ‘It’s all or nothing for Arshad Nadeem in Paris’. The finalists were shortlisted from 37 entries initially selected…