All Posts by Andrewbar

LACERA decreases venture capital allocation range, but experts say it doesn’t signal a trend

The Los Angeles County Employees Retirement Association (LACERA) voted to decrease its allocation range to venture capital at a March 13 meeting. The board of investments voted to decrease its allocation range to venture capital and growth equity from between 15% and 30% of the pension system’s private equity portfolio, to between 5% and 25%. […]
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Mintlify says customer GitHub tokens exposed in data breach

Documentation startup Mintlify says dozens of customers had GitHub tokens exposed in a data breach at the start of the month and publicly disclosed last week. Mintlify helps developers create documentation for their software and source code by requesting access and tapping directly into the customer’s GitHub source code repositories. Mintlify counts fintech, database and […]
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Nvidia launches NIM to make it smoother to deploy AI models into production

At its GTC conference, Nvidia today announced Nvidia NIM, a new software platform designed to streamline the deployment of custom and pre-trained AI models into production environments. NIM takes the software work Nvidia has done around inferencing and optimizing models and makes it easily accessible by combining a given model with an optimized inferencing engine […]
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Nvidia enlists humanoid robotics’ biggest names for new AI platform, GR00T

It’s tough to argue with Nvidia CEO Jensen Huang when he notes, “Building foundation models for general humanoid robots is one of the most exciting problems to solve in AI today.” The humanoid form factor is one of the most hotly contested topics in the world of robotics at the moment, raising venture capital by […]
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X users are still complaining about arbitrary shadowbanning

Users of Elon Musk-owned X (formerly Twitter) continue complaining the platform is engaging in shadowbanning — aka restricting the visibility of posts by applying a “temporary” label to accounts that can limit the reach/visibility of content — without providing clarity over why it’s imposed the sanctions. Running a search on X for the phrase “temporary […]
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Why Elon Musk’s AI company ‘open-sourcing’ Grok matters — and why it doesn’t

Elon Musk’s xAI released its Grok large language model as “open source” over the weekend. The billionaire clearly hopes to set his company at odds with rival OpenAI, which, despite its name, is not particularly open. But does releasing the code for something like Grok actually contribute to the AI development community? Yes and no. […]
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Telegram raises $330M fresh capital through bond sales

Telegram founder and CEO Pavel Durov said on his channel today that the company secured $330 million in investment through bond sales last week. Durov said that the offering was oversubscribed with favorable terms to the company. “This bond offering was oversubscribed, and we were delighted to have global funds of the highest caliber with […]
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YC-backed digital bank Onyx Private tells customers it’s closing their accounts

Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13 email to a customer viewed by TechCrunch, with a subject line that read: “Important Notice: Termination of Bank Operations and Account Closure” Onyx wrote, “We are […]
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Rivian starts offering adapters to access Tesla’s Supercharger network

Rivian customers can now request an adapter to tap into Tesla’s vast North American network of Superchargers, making it the second automaker to do so behind Ford. The company announced Monday that it will start shipping adapters to Rivian owners — one per VIN — starting in April for free, though it didn’t say if […]
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