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Humata AI summarizes and answers PDF questions

Stanford biology graduate and two-time entrepreneur Cyrus Khajvandi struggled to balance scientific research with his daily workload. Khajvandi developed an AI platform to summarize and answer questions about documents, particularly scientific studies, after realizing he wasn’t alone and AI technology was becoming more accessible. Former Labelbox founder Dan Rasmuson became …

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Visa invests $100M in generative AI firms

Visa announced today that it will invest $100 million in generative AI companies “that will impact the future of commerce and payments.” Visa Ventures, the card company’s 16-year-old global corporate investment arm, will make the investments. Visa calls itself a “pioneer of AI use in payments” since 1993. Generative AI …

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First contract for SpaceX’s defense-focused Starshield satellite internet business

SpaceX received its first U.S. Space Force contract for Starshield, its defense-focused Starlink satellite internet service. The one-year contract can reach $70 million, a U.S. Air Force representative told Bloomberg. “The contract provides for Starshield end-to-end service via the Starlink constellation, user terminals, ancillary equipment, network management and other related …

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