One month after China announced its provisional measures to oversee generative artificial intelligence, the country has granted approval to the first batch of large language model-empowered services for public use. Eight generative AI applications have registered with China’s cyberspace authority, including Baidu’s Ernie Bot, ByteDance’s Doubao, Sogou founder’s Baichuan andContinue Reading

Hyperproof, a software-as-a-service risk and compliance management company, today announced that it raised $40 million in a funding round led by Riverwood Capital with participation from Toba Capital, an early-stage VC firm. The tranche brings Hyperproof’s total raised to $66.5 million and “doubles” the company’s valuation from nine months ago,Continue Reading