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Restrictions on acquisitions would stifle the US startup ecosystem, not rein in big tech

TechCrunch

Jeff Farrah is the general counsel of the National Venture Capital Association. Congressional committees have held scores of hearings, lawsuits have been filed and legislation has been introduced to regulate privacy and data collection. since before the dawn of the modern venture capital industry.”

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This startup wants to train art-generating AI strictly on licensed images

TechCrunch

Generative AI, particularly text-to-image AI, is attracting as many lawsuits as it is venture dollars. Bria isn’t the only venture exploring a revenue-sharing business model for generative AI. “Overall, our commitment to ethical and responsible training of AI models sets us apart from our competitors.”

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Affirm and Klarna ramp up competing efforts to attract US consumers

TechCrunch

But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. Fintech startups are taking the downturn harder than most other sectors, data indicates.

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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

T he startup uses blockchain with the aim of creating a richer network effect of data that allows credit bureaus and others to predict the creditworthiness of people who are not in the traditional credit bureau system. GreatPoint Ventures and August Capital, among other existing investors, are participating in the Series B round as well. “We