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Twig takes $35M to turn stuff you own into a way to pay

TechCrunch

In earlier decades, long before the Internet- and open banking-fuelled fintech boom, legacy banks would pitch to get a new crop of school leavers signed up by offering freebies — like bags, stationery, music or other offers. For now it’s not in a hurry to turn into an actual bank, per Cupi.

Money 91
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Kry closes $312M Series D after use of its telehealth tools grows 100% yoy

TechCrunch

Kry’s product roadmap — which is getting an investment boost with this new funding — involves expanding its patient-facing app to offer more digitally delivered treatments, such as Internet Cognitive Based Therapy (ICBT) and mental health self-assessment tools. The loudest on that front is probably Babylon Health.

Tools 97
professionals

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Social media giants urged to tackle data-scraping privacy risks

TechCrunch

“In most jurisdictions, personal information that is ‘publicly available’, ‘publicly accessible’ or ‘of a public nature’ on the internet, is subject to data protection and privacy laws,” they write.

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Man Annoyed When ChatGPT Tells Users He Murdered His Children in Cold Blood

Futurism

Though we've seen tons of AI hype, even the most advanced models are still prone to wild hallucinations, like lying about medical records or writing research reports based on rumors. When it comes to the life of tech, generative AI is still just an infant. You're not building the best possible model for the best possible task."