Month: September 2025

California Governor Newsom signs landmark AI safety bill SB 53

California Governor Newsom signs landmark AI safety bill SB 53 SB 53 requires large AI labs – including OpenAI, Anthropic, Meta, and Google DeepMind – to be transparent about safety protocols. It also ensures whistleblower protections for employees at those companies.   Powered by WPeMatico https://techcrunch.com/2025/09/29/california-governor-newsom-signs-landmark-ai-safety-bill-sb-53/

Frank founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase

Frank founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase The fintech startup had been acquired by JPMorgan Chase in 2021 for $175 million. The bank later accused Frank of lying about its customer base. Powered by WPeMatico https://techcrunch.com/2025/09/29/frank-founder-charlie-javice-sentenced-to-7-years-in-prison-for-defrauding-jpmorgan-chase/

The AI services transformation may be harder than VCs think

The AI services transformation may be harder than VCs think Early warning signs suggest this whole services-industry metamorphosis may be more complicated than VCs anticipate. Powered by WPeMatico https://techcrunch.com/2025/09/28/the-ai-services-transformation-may-be-harder-than-vcs-think/

Oura CEO talks potential IPO and ‘nonnegotiable’ data privacy

Oura CEO talks potential IPO and ‘nonnegotiable’ data privacy In a recent interview with The New York Times, Oura Health CEO Tom Hale didn’t discuss reports that the company is raising new funding that would value the health-tracking ring maker at nearly $11 billion, but he did talk about whether

DJI loses lawsuit over classification as Chinese military company

DJI loses lawsuit over classification as Chinese military company A federal judge has rejected drone maker DJI’s efforts to get off a Department of Defense list of Chinese military companies. Powered by WPeMatico https://techcrunch.com/2025/09/28/dji-loses-lawsuit-over-classification-as-chinese-military-company/