Despite being headquartered in Toronto with a big office in San Francisco, Cohere CEO Aidan Gomez is most impressed with the U.K.'s current efforts around artificial intelligence regulation, he tells Axios.
Why it matters: Governments around the world are racing to figure out AI regulations, while companies and other experts are working overtime to shape their direction.
Elon Musk's continued experimentation with Twitter's basic functions introduced new chaos on Saturday when "temporary limits" prevented some users reading from tweets.
Catch up fast: Screenshots shared online show notifications telling users that they had exceeded a "rate limit" and to "wait a few moments" before trying to access more posts.
In a fancy Toronto hotel on Wednesday, Canadian investor John Ruffolo introduced me to Martin Basiri, a young immigrant and entrepreneur who just raised $40 million in seed funding for his second startup. In 2021, his first one became one of the country’s 21 "unicorns."
Why it matters: Canada may have famous tech companies like Blackberry and Shopify, but its startup and venture capital industry remains relatively small, fragmented and timid.
Plant-based faux salmon could be ready for fine dining soon.
The intrigue: New School Foods, a Toronto-based startup developing plant-based protein alternatives, invited a few journalists to a fancy dinner on Wednesday featuring its fish alternative.
Creating central bank reserves doesn't cause inflation. Central bank losses don't matter. And in general, central banks are the exception to most monetary rules.
Why it matters: Central banks are weird and unique animals, with extraordinary — if ill-understood — powers. Those powers are often stymied, however, by people who don't fully comprehend the sui generis nature of central banks.
It's long been a dream of investigative reporters — that the beneficial owners of faceless LLCs could just be looked up with a simple web search. Now, that dream is one step closer to reality, with the passage in the New York State Assembly of the LLC Transparency Act.
Why it matters: The stated aim of the act is to "strike a blow against slumlords, human traffickers, fentanyl importers, tax cheats, terrorists, political corruption, kleptocrats and Russian oligarchs."
To apply for a U.S. green card,you have to fill out an I-485 form, which is 20 pages long — not including the 44 pages of instructions on how to fill it out.
Why it matters: Part of the form looks as though it is specifically designed to trip people up and cause them to lie on their application, opening them up to prosecution — and possible deportation — long after they receive their permanent residence.
