David Lazovsky and Preet Virk, technologists with backgrounds in semiconductor engineering and photonics, came to the joint realization several years ago that AI and machine learning workloads would quickly encounter a “data movement” problem. Increasingly, they predicted, it would become challenging to move data to and from compute hardware as AI models scaled past what…
Earlier this year we wrote that the “the $100M venture round is going extinct.” Often our predictions wind up sideways. This time we were on the right track. According to new data from PitchBook, the U.S. venture market is continuing to endure lackluster velocity for nine-figure investments into private companies, colloquially referred to as “mega-rounds.”…
As if the pessimism around crypto wasn’t enough, the industry has historically been hounded by hackers and scammers looking to make a quick buck. And to make things worse, it appears tracing and recovering lost funds is now getting harder than ever as attackers use increasingly sophisticated methods. According to a new report, only $4.9…
As if the pessimism around crypto wasn’t enough, the industry has historically been hounded by hackers and scammers looking to make a quick buck. And to make things worse, it appears tracing and recovering lost funds is now getting harder than ever as attackers use increasingly sophisticated methods. According to a new report, only $4.9…
You may have seen media headlines this past year about how interest rates have gone up again and how stocks are tumbling. The interest rate hikes that the Federal Reserve has been using to combat inflation have led to pain in the stock market. If you’re an investor or interested in building a portfolio, it’s…
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. All the cool kids are filling out the Equity listener survey. We want to hear from you! This is our Wednesday show, where we niche down to a single person, think about their work…
Jun 28, 2023Ravie LakshmananCyber Crime / Cryptocurrency Cybersecurity researchers have exposed the workings of a scam ring called CryptosLabs that’s estimated to have made €480 million in illegal profits by targeting users in French-speaking individuals in France, Belgium, and Luxembourg since April 2018. The syndicate’s massive fake investment schemes primarily involve impersonating 40 well-known banks,…
Ofcom has launched an investigation into BT following a national issue that disrupted national emergency services calls on June 25th. On that day, individuals across the country were unable to connect with emergency services by dialling 999, as advised by the police, fire, and ambulance departments. Instead, they were instructed to call alternative numbers such…
Ofcom has launched an investigation into BT following a national issue that disrupted national emergency services calls on June 25th. On that day, individuals across the country were unable to connect with emergency services by dialling 999, as advised by the police, fire, and ambulance departments. Instead, they were instructed to call alternative numbers such…
Ofcom has launched an investigation into BT following a national issue that disrupted national emergency services calls on June 25th. On that day, individuals across the country were unable to connect with emergency services by dialling 999, as advised by the police, fire, and ambulance departments. Instead, they were instructed to call alternative numbers such…
