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Having built and sold e-commerce shipping startup Deliverr to Shopify for $2.1 billion in 2022, co-founder and CEO Harish Abbott knows the logistics industry well. Abbott felt that many manual tasks in logistics could be automated using AI. That’s why last year he launched Augment, which offers an AI assistant called “Augie” that can take over tedious and repetitive work performed by freight shippers, carriers, and brokers. On Thursday, Augment announced that it raised an $85 million Series A led by Redpoint, with participation from 8VC, Autotech Ventures, and others. The massive round comes just five months after the startup…

Bitcoin has bounced back above $112,000 after slipping to $107,000 last week, its lowest mark since July. The rebound has stirred hope among traders, but analysts remain split on whether the current upswing can hold through September. Related Reading September’s Track Record Under Scrutiny Historical data shows September hasn’t been kind to Bitcoin during post-halving years. In 2017, the coin ended the month with a close to 8% loss, while in 2021 the decline was 7%. Even further back, in 2013, Bitcoin dropped 1.60% in the same month. That pattern has led some experts to argue that a retest of…

Ben Carson, who led President Donald Trump’s Department of Housing and Urban Development (HUD) during his first term, is speaking out against a marijuana rescheduling proposal that the current administration is actively considering. In an op-ed published by Fox News on Thursday, the former HUD secretary suggested that reclassifying cannabis as a Schedule III drug...

In brief Public code libraries are being poisoned with malware that is being downloaded via Ethereum smart contracts. Software security firm ReversingLabs identified a sophisticated network of malicious packages using this method with fake activity to give a sense of legitimacy. Binance chief security officer, Jimmy Su, told Decrypt in August that package poisoning like...

The luxury membership platform Vivrelle, which allows customers to rent high-end goods, announced Thursday the launch of an AI personal styling tool called Ella as part of its partnership with fashion retailers Revolve and FWRD. The launch is an example of how the fashion industry is leveraging AI technology to enhance customer experiences and is one of the first partnerships to see three retailers come together to offer a personalized AI experience. Revolve and FWRD let users shop designer clothing, while Revolve also has an option to shop pre-owned. The tool, Ella, provides recommendations to customers across the three retailers…

The governor of Kentucky is predicting that patients in the state should be able to access medical cannabis in legal dispensaries by the end of 2025. “The medical marijuana program is moving forward,” Gov. Andy Beshear (D) said at a press briefing on Thursday. “I think most of our dispensaries now have their home address...

OpenAI says it’s developing an AI-powered hiring platform to connect businesses and employees, a service that would put the outfit in close competition with LinkedIn. The product is called the OpenAI Jobs Platform, and the company expects to launch the service by mid-2026, an OpenAI spokesperson told TechCrunch. OpenAI CEO of Applications Fidji Simo announced the new endeavor in a blog post Thursday, saying the company will “use AI to help find the perfect matches between what companies need and what workers can offer.” Simo said the service would offer a dedicated track for small businesses and local governments to…

In brief Bitcoin dipped 1.3% below $110,000 but recorded strong ETF inflows of $633 million over two consecutive days—the best performance since early August. Long-term Bitcoin holders are moving their coins into ETFs in what an analyst calls an unusual redistribution pattern. Market sentiment remains cautious with 65% of prediction market users expecting Bitcoin to...

Those with high stakes in the Texas hemp THC marketplace appear to have the lives of a cat, as they’ve escaped their third prohibition stab by Lt. Gov. Dan Patrick and Senate Republicans.The state’s upper chamber passed legislation, Senate Bill 6, via a 22-8 vote on Aug. 18 to ban the manufacture and sale of...

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…