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California Gov. Gavin Newsom has signed SB 53, a first-in-the-nation bill that sets new transparency requirements on large AI companies. SB 53, which passed the state legislature two weeks ago, 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.   In addition, SB 53 creates a mechanism … Read more

Browser maker and Google Search alternative Brave announced on Monday that it’s adding a new feature to its AI-powered search suite, Ask Brave, to provide detailed answers on a topic based on the query. The search company said that this new feature will co-exist next to its AI Answers feature, which was introduced last year … Read more

Venture capitalists have convinced themselves they’ve found the next big investing edge: using AI to wring software-like margins out of traditionally labor-intensive services businesses. The strategy involves acquiring mature professional services firms, implementing AI to automate tasks, then using the improved cash flow to roll up more companies. Leading the charge is General Catalyst (GC), … Read more

Manny Medina, previously best-known as the founder of sales automation startup Outreach ($4.4 billion valuation), has wowed investors with his young startup, Paid. Paid just closed an oversubscribed $21.6 million seed round led by Lightspeed. With the €10 million pre-seed round it raised in March, London-based Paid has already raised $33.3 million and hasn’t even … Read more

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 he has ambitions to take Oura public. “We’ve certainly hit the thresholds of size, … Read more

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! The autonomous vehicle industry is years — maybe decades — from maturing. And so there’s still a Wild West quality to … Read more