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Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028

Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor, General Catalyst. Even though 10-year-old Sword Health is cash-flow positive, its CEO and founder, Virgílio Bento, told TechCrunch that he opted to raise additional capital for two key reasons: to update the company’s valuation, and have funds readily available for strategic acquisitio

What happens when clergy take psilocybin

Almost a decade ago, a Baptist Biblical scholar, a Catholic priest, several rabbis, an Islamic leader, a Zen Buddhist roshi, and more than a dozen other religious leaders walked into a lab—and took high doses of magic mushrooms. All of them said it was their first time taking the drug. The mind-altering details of these guided trips were recorded at the time and over the following 16 months, but it wasn’t until recently that the results of the controversial experiment came to light. One might

The DMV Isn't Texting You To Ask for Money. That's a Scam

CNET/Getty Images Nobody likes waiting in line at the Department of Motor Vehicles. But it could be worse. You could be scammed out of money by someone pretending to text you from the DMV. There's a growing nationwide trend of cybercriminals trying to convince people that they owe the DMV money for a traffic violation via text. If you don't pay, they threaten to revoke your license or suspend your vehicle registration. "There's usually some sort of urgent action required in order to avoid hav

Topics: dmv norman said scam text

Experts question whether $499 gold Trump phone can be US-made

Experts question whether $499 gold Trump phone can be US-made 1 hour ago Share Save Natalie Sherman Business reporter, BBC News Reporting from New York Lily Jamali North America technology correspondent Reporting from San Francisco Share Save Trump Mobile Experts have cast doubt on the Trump Organization's claim that its proposed smartphone can be entirely manufactured in the US. One industry analyst told the BBC it would be "virtually impossible" for the gold-coloured handset - which will re

Pain management startup Sword Health expands into mental health, raises $40 million

Sword Health, a startup focused on helping people deal with pain through digital services, is expanding into mental health and has raised additional capital to fuel its growth. The 10-year-old company is introducing Mind, which uses a combination of artificial intelligence, hardware and human mental health professionals to treat patients with mild depression and anxiety. Sword said Mind will help users access care whenever they need it, rather than during sporadic, hourlong appointments. "It's

Threat in Your Medicine Cabinet: The FDA's Gamble on America's Drugs

The Food and Drug Administration’s 2022 inspection of the Sun Pharma factory in India warned of contaminations and deficiencies. But the plant received permission from the FDA to continue shipping more than a dozen generic medications to Americans. We are still reporting. If you are a current or former FDA employee or someone in the industry with information about the agency, the safety of generic drugs, or the manufacturers that make them, our team wants to hear from you. Megan Rose can be rea

Google to scale up AI-powered fraud detection and security operations in India

Google has unveiled its Safety Charter in India, which will expand its AI-led developments for fraud detection and combating scams across the country, the company’s largest market outside the United States. Digital fraud in India is rising. Fraud related to the Indian government’s instant payment system UPI grew 85% year-over-year to nearly 11 billion Indian rupees ($127 million) last year, per the government’s data. India also saw several instances of digital arrest scams, where fraudsters pos

43% of games skipped GPU upgrade to pay rent instead | Liquid Web

About 43% of gamers skipped a graphics processing unit (GPU) upgrade just to pay rent, according to a new report by Liquid Web. Based on a survey of 1,000 PC gamers, Liquid Web came up with a variety of conclusions about what affects the buying decisions of gamers. And clearly they’re pretty price sensitive now. Liquid Web surveyed the PC gamers to uncover what drives today’s graphics card decisions. The company noted that cloud gaming is a way for players to deal with the high costs of upgrad

AMD shares rise 9% after analysts say they expect a 'snapback' for chipmaker

Shares of Advanced Micro Devices rose nearly 9% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker's latest product announcement. The analysts said they see a snapback for AMD's graphics processing units, or GPUs, in the fourth quarter. That's when they expect the chipmaker to be through the bulk of the $800 million in charges that AMD said it would incur as a result of a new U.S. license requirement that applies to exports of semico

PlayStation doubles down on slow, "thoughtful" PC porting strategy

In a nutshell: Sony's PC porting strategy has been clear from the start. It is in no rush to follow Xbox's multiplatform strategy. It wants to preserve the value of the PlayStation 5 by making sure high-end exclusives like Spider-Man and God of War remain showcases for the console first – and only reach PC when the timing feels right. Sony Interactive Entertainment's Studio Business Group CEO Hermen Hulst says the company is continuing to take a "measured" approach to porting major first-party

AMD shares rise 10% after analysts say they expect a 'snapback' for chipmaker

Shares of Advanced Micro Devices rose nearly 10% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker's latest product announcement. The analysts said they see a snapback for AMD's graphics processing units, or GPUs, in the fourth quarter. That's when they expect the chipmaker to be through the bulk of the $800 million in charges that AMD said it would incur as a result of a new U.S. license requirement that applies to exports of semic

Trump Mobile is a bad deal

is The Verge’s executive editor. He has covered tech, policy, and online creators for over a decade. Trump Mobile launched this morning with a single prepaid wireless plan and the promise of nationwide coverage for $47.45 per month. For that price, you get unlimited talk and texting, international calling, plus 20GB of “high-speed” cell and hotspot data, which a customer support representative told me is 5G. But while the plan’s price might have been selected to appeal to Trump fans (he is th

The US Navy is more aggressively telling startups, ‘We want you’

While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How so? Well, the Navy’s chief technology officer, Justin Fanelli, says he has spent the last two and a half years cutting through the red tape and shrinking the protracted procurement cycles that once made working with the military a nightmare for startups. The efforts

I Took a Quick Tour Through Longevity Culture. Here's What I Learned About Reverse Aging

I'm standing in a drafty room with several hundred people in London's Truman Brewery, all of us shaking our hands above our heads, woo-wooing our way to the end of another day at SXSW. I won't lie –– I'd hoped something like this would happen at some point during the week. Weird, offbeat moments such as this really separate a fun conference from a boring one. This particular moment is a mini taste of a "longevity rave" –– an event style that's popping up around the world, run by those who belie

Car-sharing giant Zoomcar says hacker accessed personal data of 8.4 million users

Indian car-sharing marketplace Zoomcar has revealed that a hacker accessed the personal data of at least 8.4 million customers, including their names, phone numbers, and car registration numbers. The Bengaluru-headquartered company identified the incident involving unauthorized access to its information systems on June 9, per its filing with the U.S. Securities and Exchange Commission. The company stated that it became aware of the incident after some of its employees received external communic

Car sharing giant Zoomcar says hacker accessed personal data of 8.4 million users

Indian car-sharing marketplace Zoomcar has revealed that a hacker accessed the personal data of at least 8.4 million customers, including their names, phone numbers, and car registration numbers. The Bengaluru-headquartered company identified the incident involving unauthorized access to its information systems on June 9, per its filing with the U.S. Securities and Exchange Commission. The company stated that it became aware of the incident after some of its employees received external communic

RP1 says that metaverse needs its own browser

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more RP1 has been trying to make the metaverse happen for a while. It was touting its tech for bringing a lot of people into a digital space in 2022, and it’s still trying hard to make it happen today. And this time, RP1 CEO Sean Mann believes that the world needs a metaverse browser. And he and his cofounder Dean Abramson touted the idea at t

WhatsApp is adding ads to the Status screen

After years of providing free services without any bells attached, WhatsApp is now going to start showing ads on the popular chat app. To be clear, users will only see ads on the Status screen — the app’s take on Instagram’s Stories. So just like you see an ad after watching a few stories on Instagram, you will see ads on WhatsApp after you’ve scrolled through a few Status updates. The company said that its ad mechanism uses signals like users’ country or city, language, and the channels they’

The U.S. Navy is more aggressively telling startups, ‘We want you’

While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How so? Well, the Navy’s chief technology officer, Justin Fanelli, says he has spent the last two and a half years cutting through the red tape and shrinking the protracted procurement cycles that once made working with the military a nightmare for startups. The efforts

Stanford Doctors Invent Device That Appears to Be Able to Save Tons of Stroke Patients Before They Die

Image by Andrew Brodhead Researchers have developed a novel device that literally spins away the clots that block blood flow to the brain and cause strokes. As Stanford explains in a blurb, the novel milli-spinner device may be able to save the lives of patients who experience "ischemic stroke" from brain stem clotting. Traditional clot removal, a process known as thrombectomy, generally uses a catheter that either vacuums up the blood blockage or uses a wire mesh to ensnare it — a procedure

Climate Disasters Hit the Brain Before Babies Are Even Born, Study Suggests

When Superstorm Sandy made a beeline for New York City in October 2012, it flooded huge swaths of downtown Manhattan, leaving 2 million people without electricity and heat and damaging tens of thousands of homes. The storm followed a sweltering summer in New York City, with a procession of heat waves nearing 100 degrees. For those who were pregnant at the time, enduring these extreme conditions wasn’t just uncomfortable—it may have left a lasting imprint on their children’s brains. That’s accor

Waymo rides cost more than Uber or Lyft and people are paying anyway

A central premise of robotaxis is that high usage and lower labor costs will ultimately make it a cheap transportation option. That is still far from true, but now there’s some data that gives us an idea of by how much. Obi, an app that aggregates real-time pricing and pick-up times across multiple ride-hailing services, has just published what it’s calling the “first in-depth examination of Waymo’s pricing strategy.” The company found Waymo’s self-driving car rides to be consistently more expe

Topics: lyft obi rides said waymo

Suspect in Minnesota Shooting Linked to Security Company, Evangelical Ministry

A man named Vance Boelter allegedly shot and killed Melissa Hortman, a Democratic Minnesota state representative, and her husband Mark Hortman at their home at some point early Saturday morning while, according to law enforcement, impersonating a police officer. He also allegedly shot state senator John Hoffman and his wife Yvette Hoffman at their home. They are alive, but remain in critical condition. Law enforcement has said they found a manifesto and hit list in the alleged suspect’s car, wh

I Asked AI to Write a Protest Chant. What I Got Back Was Surprisingly Subversive

[If you want to see how AI handled generating Pro-ICE chants, you can check it out here.] I wanted to know what kind of activist a chatbot could be. More than two years and a half after ChatGPT stunned the world and kicked off the current AI arms race, I posed a simple question to the five most prominent AI systems on the U.S. market: OpenAI’s ChatGPT, Google’s Gemini, Anthropic’s Claude, Elon Musk’s Grok (from xAI), and Mark Zuckerberg’s Meta AI. My prompt was direct: “I want to write a pro

Topics: ai chants grok ice raids

AI as Your Therapist? 3 Things That Worry Experts and 3 Tips to Stay Safe

Amid the many AI chatbots and avatars at your disposal these days, you'll find all kinds of characters to talk to: fortune tellers, style advisers, even your favorite fictional characters. But you'll also likely find characters purporting to be therapists, psychologists or just bots willing to listen to your woes. There's no shortage of generative AI bots claiming to help with your mental health but you go that route at your own risk. Large language models trained on a wide range of data can be

Trying to Find a Job? In This Economy? You Need to Follow These Rules

The job hunt isn't what it used to be. Experts share nine tips that can help you stand out to recruiters. Jeffrey Hazelwood/CNET Since getting laid off from a tech marketing role last November, Stephanie Wandell has applied to hundreds of jobs. She's heard back from only a handful of recruiters, without any offers. "I was a little bit naive going into it, thinking I could do what I always do and depend on applying to as many places as I can," said Wandell. "It became pretty clear that this tim

UK unis to cough up to £10M on Java to keep Oracle off their backs

UK universities and colleges have signed a framework worth up to £9.86 million ($13.33 million) with Oracle to use its controversial Java SE Universal Subscription model, in exchange for a "waiver of historic fees due for any institutions who have used Oracle Java since 2023." Jisc, a membership organization that runs procurement for higher and further education establishments in the UK, said it had signed an agreement to purchase the new subscription licenses after consultation with members.

RISC-V in AI and HPC Part 1: Per Aspera Ad Astra?

//php echo do_shortcode('[responsivevoice_button voice="US English Male" buttontext="Listen to Post"]') ?> —First in a three-part series Introduced in 2014, the RISC-V instruction set architecture has been evolving at a pace that Arm and x86 ISAs have never experienced. Initially, RISC-V cores were used solely for microcontrollers and applications that did not require high performance, but rather benefited from low cost and low power. Since RISC-V is an open-source architecture, it quickly gai

Topics: ai hpc risc said software

Archer drops about 15% on $850 million share sale following Trump air taxi pilot program

Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, on Aug. 2, 2023. Archer Aviation 's stock dropped about 15% on Friday after the air taxi maker said it sold $850 million worth of shares. The electric vertical takeoff and landing vehicle, or eVTOL, company said Thursday it plans to use the financing to support new infrastructure and the rollout of an artificial intelligence-based aviation software platform. The mon

Why ads are coming to your favorite AI bots and you've only got yourself to blame

Bloomberg Intelligence Most consumers don't want to pay to chat with a chatbot, according to a recent poll by Bloomberg Intelligence. That means advertising -- rather than subscription-based services -- will be the route to monetizing large language models. "The propensity to pay for generative-AI tools remains low," writes the author, Mandeep Singh, Bloomberg Intelligence senior industry analyst, with the help of Damian Reimertz, contributing analyst, in the report, "Generative AI's trillion-