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HeadSpin, whose founder is in prison for fraud, sold to PE firm in fire sale, sources say


Employees stock options were cancelled, according to an email seen by TechCrunch.

A bipartisan group of senators has introduced a new bill that seeks to protect artists, songwriters, and journalists from having their content used to train AI models or generate AI… The full and final text of the EU AI Act, the European Union’s landmark risk-based regulation for applications of artificial intelligence, has been published in the bloc’s Official Journal. While the figure of $500 million has been bandied around in various reports for months, in a press briefing early Thursday morning, Graphcore co-founder and CEO Nigel Toon remained coy on the details.

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