Merit, which lets governments issue digital credentials that link back to a government license database, raises a $50M Series B led by Rose Park Advisors — When we think about identity in the digital world, it usually involves a username and password, but Merit (originally called Sigma) …
The GOP's Jim Jordan subpoenas Apple, Amazon, Meta, Microsoft, Nvidia, OpenAI, and 10 others over alleged Biden pressure to use AI to "censor lawful speech" (Tina Nguyen/The Verge)
Tina Nguyen / The Verge:
The GOP's Jim Jordan subpoenas Apple, Amazon, Meta, Microsoft,The US' plan to cut federal contracts imperils Booz Allen Hamilton, which gets most of its revenue from providing IT and AI services across the government (Chip Cutter/Wall Street Journal)
Chip Cutter / Wall Street Journal:
The US' plan to cut federal contracts imperils Booz Crypto payments company MoonPay acquires Iron, an API-focused stablecoin infrastructure company, a source says in a "nine-figure" deal (The Block)
The Block:
Crypto payments company MoonPay acquires Iron, an API-focused stablecoin infAdobe: traffic from AI sources to US retail sites in February rose 1,200% from July 2024; 39% of US consumers used generative AI for shopping, 53% plan to do so (Mike Pastore/Search Engine Land)
Mike Pastore / Search Engine Land:
Adobe: traffic from AI sources to US retail sites inSources describe the collapse of fintech middleman Synapse that left ~$200M in customer money frozen, with entities blaming each other for shoddy recordkeeping (Fortune)
Fortune:
Sources describe the collapse of fintech middleman Synapse that left ~$200M inMistral debuts Mistral Small 3.1, a 24B-parameter multimodal and multilingual open-source model it says outperforms Gemma 3 and GPT-4o-mini and runs on 32GB RAM (Michael Nuñez/VentureBeat)
Michael Nuñez / VentureBeat:
Mistral debuts Mistral Small 3.1, a 24B-parameter multimod
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