BlackBerry has sold its Cylance cybersecurity business to Arctic Wolf for $160 million, a significant write-down from the $1.4 billion it paid in 2018.

Source: https://techcrunch.com/category/fintech/

Turing, an AI-powered talent management platform, has secured $87 million in a Series D funding round, valuing the startup at $1.1 billion. The company aims to address the global shortage of engineering talent by using AI to source, evaluate, hire, onboard, and manage engineers remotely.

Source: https://techcrunch.com/category/fintech/

Google is working with pharmacists to develop a feature that can decipher the handwriting of doctors. The feature, currently a research prototype, allows users to take a picture of a prescription or upload one from their photo library. Once processed, the app detects and highlights the medicines mentioned in the note. The announcement was made at Google's annual conference in India.

Source: https://techcrunch.com/category/fintech/

Google introduced Veo, an AI model that generates 1080p video clips from text prompts, with capabilities to capture different styles and edit existing footage.

Source: https://techcrunch.com/category/fintech/

DEEPX, a South Korean on-device AI chip startup, raised $80 million in Series C funding at a $529 million valuation. The funding will support the development of AI applications in electronic devices. This brings the company's total raise to around $95 million.

Source: https://techcrunch.com/category/fintech/

Liquid AI, a new MIT spinoff co-founded by Daniela Rus, plans to create general-purpose AI systems utilizing liquid neural networks, a relatively new type of AI model.

Source: https://techcrunch.com/category/fintech/

### Title AI-generated porn improves as ethical concerns arise ### Important Facts - 📈 AI porn generators have improved over time - 🌐 As generative AI becomes more mainstream, so does AI-generated porn - 💻 TechCrunch covered efforts to create AI porn generators nearly a year ago - ❌ The initial results of AI porn generators were not good ### Secondary Facts - ⚖️ Ethical concerns surrounding AI-generated porn are becoming more complex

Source: https://techcrunch.com/category/fintech/

Aye Finance, a lender backed by Alphabet's CapitalG, is seeking to raise $171 million in its initial public offering to expand its loan portfolio and strengthen its capital base.

Source: https://techcrunch.com/category/fintech/

Tyme Group, a South African fintech, secured $250 million in a Series D round, led by Nubank, with a valuation of $1.5 billion.

Source: https://techcrunch.com/category/fintech/

Meta's Ray-Ban Meta smart glasses receive AI-powered upgrades, including real-time conversation and language translation, through firmware v11.

Source: https://techcrunch.com/category/fintech/