This Week in AI: Musk bids for OpenAI

Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. The billionaires are fighting again. On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. In response to Musk’s offer, OpenAI CEO Sam Altman earlier Monday authored a … Read more

SEC’s Peirce Says ‘Many’ Memecoins Likely Fall Outside Regulator’s Jurisdiction

The U.S. Securities and Exchange Commission (SEC) likely doesn’t have jurisdiction over many of the memecoins flooding the crypto market, SEC Commissioner Hester Peirce said in a Tuesday interview with Bloomberg. “We always have to look at the facts and circumstances, but many of the memecoins that are out there probably do not have a … Read more

Las Vegas just got a Netflix restaurant

You can now dine out on dishes inspired by Netflix movies and shows at Las Vegas’s newest restaurant. Netflix Bites is open as of this week in the MGM Grand Hotel & Casio, where it will operate for a year. The restaurant offers breakfast, lunch, and dinner options like a Bridgerton-inspired tea service, Stranger Wings, … Read more

Security compliance firm Drata acquires SafeBase for $250M

Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has acquired software security review startup SafeBase for $250 million. SafeBase co-founders Al Yang (CEO) and Adar Arnon (CTO) will retain their roles, and SafeBase will continue to offer a standalone product while bringing its core solutions to … Read more

VC Sheel Mohnot talks about Twitter fame, fintech, and the truth about AI startups

If you follow fintech on X, it’s very likely that you have come across the account of Sheel Mohnot, co-founder and general partner of Better Tomorrow Ventures. With over 150,000 followers, Mohnot has built an impressive presence on the social media site. Interestingly, many of his posts have nothing to do with venture capital. Mohnot … Read more

Fine-tune LLMs with synthetic data for context-based Q&A using Amazon Bedrock

There’s a growing demand from customers to incorporate generative AI into their businesses. Many use cases involve using pre-trained large language models (LLMs) through approaches like Retrieval Augmented Generation (RAG). However, for advanced, domain-specific tasks or those requiring specific formats, model customization techniques such as fine-tuning are sometimes necessary. Amazon Bedrock provides you with the … Read more

Achieve ~2x speed-up in LLM inference with Medusa-1 on Amazon SageMaker AI

This blog post is co-written with Moran beladev, Manos Stergiadis, and Ilya Gusev from Booking.com. Large language models (LLMs) have revolutionized the field of natural language processing with their ability to understand and generate humanlike text. Trained on broad, generic datasets spanning a wide range of topics and domains, LLMs use their parametric knowledge to … Read more

Anthropic CEO Dario Amodei warns of ‘race’ to understand AI as it becomes more powerful

Right after the end of the AI Action Summit in Paris, Anthropic’s co-founder and CEO Dario Amodei called the event a “missed opportunity.” He added that “greater focus and urgency is needed on several topics given the pace at which the technology is progressing” in the statement released on Tuesday. The AI company held a … Read more

LLM-as-a-judge on Amazon Bedrock Model Evaluation

The evaluation of large language model (LLM) performance, particularly in response to a variety of prompts, is crucial for organizations aiming to harness the full potential of this rapidly evolving technology. The introduction of an LLM-as-a-judge framework represents a significant step forward in simplifying and streamlining the model evaluation process. This approach allows organizations to … Read more

From concept to reality: Navigating the Journey of RAG from proof of concept to production

Generative AI has emerged as a transformative force, captivating industries with its potential to create, innovate, and solve complex problems. However, the journey from a proof of concept to a production-ready application comes with challenges and opportunities. Moving from proof of concept to production is about creating scalable, reliable, and impactful solutions that can drive … Read more

Six months after raising $29M, Candid Health nabs another $52.5M to ease medical billing

With over 1,000 insurance companies in the U.S., figuring out how to get paid by each company is a complex challenge for doctors and hospitals. Each insurance may require slightly different information on medical claims, even for the same procedure. Incorrectly filed claims can lead to denied coverage, requiring manual resubmission and delayed payments. According … Read more

BYDFi Partners With Safeheron To Launch MoonX, The Ultimate Platform For Secure MemeCoin Trading

Seychelles, VICTORIA, February 12th, 2025/Chainwire/–BYDFi, a well-known crypto exchange, officially announced the upcoming launch of its new Web3 on-chain trading platform, MoonX. Specifically designed for meme traders, MoonX aims to provide a fast, secure, and intuitive on-chain trading experience. The platform integrates core security technologies from Safeheron, a self-custody platform for digital assets, leveraging cutting-edge … Read more