Startup Daily15h
After investing $10.4 million, EVP claims StrongRoom AI’s CEO and cofounder admitted to fraud with fake revenue numbers
EVP alleges the Melbourne startup claimed to be profitable, but was losing $800,000 a month, and misled them on debt levels ...
Startup Daily23h
Meta used pirated books by Australian authors to train its AI and now US courts may decide if this is ‘fair use’
Companies developing AI models, such as OpenAI and Meta, train their systems on enormous datasets. These consist of text from ...