Cybersecurity firm Stamus Networks lands $6M investment
The funding round included participation from Indianapolis-based investors Elevate Ventures and VisionTech Partners.
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Inaugural Rally conference aims to draw innovators
The Aug. 29-31 event at the Indiana Convention Center will have 220 speakers, five pitch competitions offering up to $5 million in total prize money, and hundreds of meetings between entrepreneurs and investors representing multiple industries.
Bloomington-based angel investor fund has big growth plans
Dimension Mill just closed its fourth angel investors’ fund this week, with $1.08 million from 52 investors. The fund has been so successful since the program’s launch in 2020 that Dimension Mill is planning significant expansion to spur more investment activity.
Chatbots sometimes make things up. Is AI’s hallucination problem fixable?
Spend enough time with ChatGPT and other artificial intelligence chatbots and it doesn’t take long for them to spout falsehoods. That’s problem for every business, organization and high school student trying to use one to get work done.
Customers want instant gratification. Workers say it’s pushing them to brink.
Drastic changes in consumer demands are driving labor unrest in diverse industries upended by technology, from actors and writers to UPS delivery drivers.
Indianapolis-based Ren Inc. snags big investment from Bain Capital fund
Ren, an Indianapolis-based financial technology firm, says it received an investment of between $75 million and $300 million from a fund associated with Boston-based Bain Capital. It’s the first outside funding Ren has taken in its 36-year history.
New SEC rule requires public companies to disclose cybersecurity breaches in 4 days
The new rules also require publicly traded companies to annually disclose information on their cybersecurity risk management and executive expertise in the field. The idea is to protect investors.
SEC proposes artificial-intelligence crackdown for Wall Street firms
Wall Street’s top regulator is moving to prohibit investment firms from using artificial intelligence to generate more business at the expense of their customers’ best interests, one of the first bids by a federal agency to craft rules for the technology.
AI leaders warn Congress the technology could be used to create bioweapons
A trio of influential artificial intelligence leaders testified at a congressional hearing Tuesday, warning that the frantic pace of AI development could lead to serious harm within the next few years.
Salesforce CEO shares predictions for AI and future of work
Salesforce founder and CEO Marc Benioff, 58, isn’t ready to leave Salesforce yet, even though he has amassed an $8 billion fortune and just went through a challenging stretch that might have caused many CEOs to head for the exit.
UPDATE: Musk reveals new X logo to replace Twitter’s blue bird
The X started appearing at the top of the desktop version of Twitter on Monday, but the bird was still dominant across the smartphone app.
Indiana 250: Kate Maxwell
As Microsoft’s chief technology officer of worldwide defense and intelligence, Kate Maxwell is the lead technical authority and strategist for the global defense and intelligence industry at Microsoft and works closely with allied defense, intelligence and aerospace customers worldwide.
Amazon, Google, Meta, Microsoft, others agree to AI safeguards
The White House said Friday that it has secured voluntary commitments from seven U.S. companies meant to ensure their AI products are safe before they release them.
Apple tests ‘Apple GPT,’ develops generative AI tools
Though Apple has woven AI features into products for years, it’s now playing catch-up in the buzzy market for generative tools.
Facebook parent Meta makes public its ChatGPT rival Llama
Meta CEO Mark Zuckerberg said the company is partnering with Microsoft to introduce the next generation of its AI large language model and making the technology, known as Llama 2, free for research and commercial use.
Fast-growing tech firm Resultant undergoes leadership change
Mark Caswell, who led the Indianapolis-based technology consulting and analytics firm through four acquisitions in four years, has been replaced by a new chief executive.
Biden administration announces cybersecurity labeling program for smart devices
Officials likened the new U.S. Cyber Trust Mark initiative to the Energy Star program, which rates appliances’ energy efficiency.
Threads follows Twitter in limiting number of posts that users can see
In blaming spammers, Threads named the same reason that Twitter previously cited when it instituted limits.
AI learned from their work. Now they want compensation.
The wave of lawsuits, high-profile complaints and proposed regulation could pose the biggest barrier yet to the adoption of “generative” AI tools, which have gripped the tech world ever since OpenAI launched ChatGPT to the public late last year.
How Indiana’s data chief helps tackle policy issues
Josh Martin has been leading the Indiana Management Performance Hub since it opened in 2014. Since then, demands on the agency have grown as the state has come to depend more on data to tackle huge problems such as the pandemic.