Last year, Databricks acquired MosaicML, renamed Mosaic AI, a Black co-founded generative AI (genAI) startup know for its cutting-edge large language (LLMs) models. Building on both companies vision of making genAI accessible for all organizations, Databricks’ Mosaic team has since developed DBRX, one of the fastest and highest-performing LLMs available. Democratizing deep learning Co-founded by Jonathan Frankle PhD ’23 and MIT Associate Professor Michael Carbin, MosaicML started with the mission to make AI models more accessible. The startup developed a platform where users can train, improve, and monitor open-source models
The Minority Business Development Agency (MBDA) has partnered with Urban Strategies Inc. (USI) to enhance opportunities and access for minority businesses across the US. Acting Under Secretary of Commerce for Minority Business Development at the MBDA, Eric Morrissette, and USI President, Esther Shin, marked the partnership with the signing of a memorandum of understanding. Expanding Access to Resources for Minority Entrepreneurs The USI’s federally designated Community Development Financial Institution (CDFI) fund aims to promote racial and economic equity by offering resources and capital. By working together, the the MBDA and
Goodie Nation, an organization dedicated to empowering Black tech professionals, has secured over $150,000 in grants from the Kapor Center, Emory Philanthropy Lab, and the Community Foundation for Greater Atlanta’s GoATL Economic Inclusion Fund. This funding will enhance the ATL BLK TCH program, which aims to foster a robust and interconnected Black tech community in Atlanta. Building Bridges in the Black Tech Community The ATL BLK TCH program is designed to help Black tech professionals in Atlanta, offering a platform for networking, mentorship, and growth. With the new influx of
Mangosuthu University of Technology (MUT) in Durban South Africa, has made history by appointing Prof. Nokuthula Sibiya as its first female vice-chancellor. A Collective Victory for Women Professor Sibiya began her education at Tholisu and Sawela Primary Schools and continued at Velabahleke and Vukuzakhe High Schools in Umlazi Township. She pursued higher education at the University of Zululand, where she earned a degree in nursing. Furthering her studies, she obtained a Doctor of Technology in Nursing from the Durban University of Technology. As a C-rated researcher – an established researcher
Brand new Techish! This week, hosts Michael and Abadesi dive into: • Microsoft lays off a DEI team (00:00:20)• AI bias in performance reviews (00:08:16)• The myth of meritocracy (00:12:31)• The UK has a new government (00:15:00)• Make politics attractive again (00:19:12) Listen on Spotify or Apple podcast also. Watch On YouTube Extra Reading & Resources • Microsoft Faces Backlash After DEI Team Layoffs [POCIT]• We asked ChatGPT to write performance reviews and they are wildly sexist (and racist) [Fast Company]• Black Man Who Got A Job Interview After Using A Fake Name On Resume Files Lawsuit [POCIT]
Elon Musk, owner of social media platform X, is facing widespread criticism after sharing a deceptively edited video of Vice President Kamala Harris. The video, which makes it appear that Harris is disparaging President Joe Biden and boasting about being the “ultimate diversity hire,” was reposted by Musk without any disclaimer that it was a parody. This action seemingly violates X’s own policy on manipulated media. A Violation of Platform Policies? The controversial video originally posted by @MrReaganUSA was labeled as a “parody” by the creator. However, Musk’s repost, accompanied
Intron Health, a clinical speech-recognition startup, recently raised $1.6 million in a pre-seed round led by Microtraction, with participation from several other venture firms. Founded by Tobi Olatunji, the company aims to bridge the gap in speech-recognition tools for speakers of minority languages, those with thick accents, or speech disorders. Bridging the Speech Recognition Gap Voice recognition technology is increasingly integrated into modern living, yet it often fails to serve those with thick accents or speech disorders. Olatunji, founder and CEO of Intron Health, is addressing this issue as he
Plaiced, a growing online social network, has acquired Clutch, a Black women-founded marketplace for digital marketing services. The acquisition marks a shift in the digital marketing industry, promising enhanced opportunities for content creators and brands alike. Clutch: Connecting businesses with creators Co-founded by Madison Long and Simone May in 2020, Clutch has connected numerous creators with businesses seeking marketing and content creation services. The company had secured $1.2 million in pre-seed funding led by Precursor Ventures and had worked with over 70 brands, including Hearst Media. “The creator economy is
Meta, the tech giant formerly known as Facebook, is under scrutiny for using public Instagram posts to train its generative AI model without notifying users in Latin America, according to Rest of the World. The company’s decision has particularly impacted artists in the region, who rely heavily on social media to showcase their work but cannot opt out of this data usage. Lack of Notification and Opt-Out Options On June 2, many Latin American artists discovered that Meta had not informed them about its plans to use their public posts
London-based fintech startup Jarvis has secured £1.8 million ($2.3 million) in funding to transform retirement planning. The funding round was led by Ascension VC and Cornerstone VC, with additional participation from Tokio Marine Future Fund. This capital injection will support Jarvis’s growth and product development as it integrates with the broader ecosystem of pension-related services. Addressing The Retirement Planning Gap In today’s workforce, financial autonomy is on the rise, with the global shift towards self-employment and gig economy work has made traditional workplace benefits like pensions increasingly inaccessible. Projections indicate
