UK’s competition watchdog drafts principles for ‘responsible’ generative AI

An initial review of generative AI by the UK’s Competition and Markets Authority (CMA) which was announced back in May has concluded with a report containing seven proposed principles to “ensure consumer protection and healthy competition are at the heart of responsible development and use of foundation models” (FMs), as it puts it. The principles … Read more

Dragos raises $74M to secure industrial control systems from threats

Dragos, a company building software to secure the control systems for manufacturing and industrial equipment, has raised $74 million in a Series D round extension led by WestCap. The round, which brings Dragos’ total raised to $440 million, leaves the startup’s post-money valuation unchanged for the second year at $1.7 billion. Dragos CEO Robert Lee … Read more