Browsing: Tech

Lassie, a Stockholm-based insurtech company, has successfully raised $75 million in Series C funding. This investment follows its achievement of over $100 million in annual recurring revenue (ARR). The company focuses on a preventive approach to pet care, offering tools for daily pet health management alongside streamlined insurance claims, aiming to expand its services across Europe.

A landmark trial has begun in California, accusing Meta (owners of Instagram) and Google (owners of YouTube) of intentionally designing their platforms to be addictive, particularly for children. The lawsuit, brought by a plaintiff identified as KGM, alleges that these social media giants are responsible for her mental health struggles, a claim the companies deny, attributing her issues to other life factors. This trial could set a precedent for thousands of similar cases nationwide.

OpenAI has started testing advertisements within ChatGPT for its Free and Go plan users in the U.S., marking a significant change for the AI chatbot. While paid tiers remain ad-free, users on free plans have options to opt out, though with certain limitations.

Cadmium zinc telluride (CZT) is a highly specialized material enabling significant advancements in medical imaging, security scanning, and space exploration. Despite its transformative capabilities, CZT is exceptionally challenging to manufacture, with only a handful of organizations worldwide possessing the expertise for its industrial-scale production. This unique semiconductor offers unparalleled precision in detecting X-rays and gamma rays, leading to more detailed images and reduced radiation exposure in various applications.