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How Californias high-speed rail is already helping the planet

Mashable Tech

Best of times: Privately-funded Brightline is in pre-construction for a project connecting Las Vegas to the L.A. Worst of times: The new administration canceled a grant for a high-speed rail corridor in Texas and initiated a federal review of California's decades-in-the-making high-speed rail connecting San Francisco and Los Angeles.

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Nonprofits get $10 million grant from Google to expand AI

Mashable Tech

Google.org , the tech giant's philanthropic arm, is investing millions of dollars into getting nonprofits up to speed on generative AI , part of a massive funding effort to empower organizations to adopt the tech, including Google 's own AI offerings. SEE ALSO: Character.AI SEE ALSO: Character.AI

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Massive Foundation Model for Biomolecular Sciences Now Available via NVIDIA BioNeMo

NVIDIA AI Blog

Enabling Complex Scientific Research Established in 2021 with $650 million from its founding donors, Arc Institute empowers researchers to tackle long-term scientific challenges by providing scientists with multiyear funding letting scientists focus on innovative research instead of grant writing.

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A new generation of companies is moving on up in San Francisco

TechCrunch

Last week, the outfit – which closed its largest fund to date in May – quietly inked a deal to sublease 30,000 square feet of “Class A” office […] © 2023 TechCrunch. Ten years ago, Pear VC, then a tiny new venture firm, operated out of a nondescript office in Palo Alto that was enlivened by bright, computer-themed art.

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LottieFiles, a platform for the animation format, lands $9 million Series A led by M12, Microsoft’s venture fund

TechCrunch

Based in San Francisco and Kuala Lumpur, LottieFiles was founded in 2018. The new funding brings its total raised to about $10 million. . ” The new funding will be used on LottieFiles’ product roadmap, expanding its infrastructure and increasing its global user base.

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Cybersecurity investor Ballistic Ventures seeks $300M for new fund

TechCrunch

Ballistic Ventures, a venture capital firm dedicated to funding and incubating cybersecurity startups, is looking to raise as much as $300 million for a new fund, according to a regulatory filing. The San Francisco-based VC firm Wednesday filed with the U.S. All rights reserved.

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Intel faces shareholder class-action lawsuit for allegedly concealing foundry business problems

TechSpot

Louis, a Missouri-based pension fund, filed the lawsuit against Intel on behalf of other investors in a San Francisco federal court on Wednesday. The Construction Laborers Pension Trust of Greater St. The proposed class action names Chief Executive Officer Pat Gelsinger and Chief Financial Officer David Zinsner as co-defendants.

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