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China plans AI safety standards spanning development and deployment

China plans to introduce broad AI safety standards targeting domestic model makers, Bloomberg reported. The planned standards would cover the development of AI systems through their deployment, following security incidents globally. The measures are still planned.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Capital AI
Capital AI

October venture funding reaches $59 billion, with 66% going to AI

Global venture funding totaled $59 billion in October, up 45% from a year earlier, according to Crunchbase data. AI-driven companies captured 66% of the total, while seven companies raising billion-dollar rounds accounted for just over 40%.

Capital
Capital

Evertrue closes $17 million fund for early-stage European startups

Yvonne Bajela announced that Evertrue closed an oversubscribed $17 million first fund to invest in early-stage companies across the U.K. and Europe. The firm has already backed seven companies and will invest mainly in AI and fintech.

Capital AI
Capital AI

Conlio announces €6.4 million fundraise for European expansion

German freight software company Conlio announced a €6.4 million fundraise to expand its financial automation platform across Europe. Piton Capital led the financing, with participation from Haufe Group Ventures, WaVe-X, F-LOG Ventures and existing investors.