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Tray.io Adds $40 Million to Their Series C

Tray.io also plays in the integration sandbox, although they’re more focused on automation than process automation than data management.  They tick the buzzword boxes for low-code, cloud-based, and digital transformation.  If that’s not worth a $40 million extension to their $50 million Series C, then what is?

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Optus’ recent data hack prompts Australian government to move on “urgent” privacy reforms

October 4, 2022

Australia’s Attorney-General has said the government will make “urgent reforms” to the country’s Privacy Act following the Optus breach, where the company was blamed for lax security, resulting in the theft of nearly 10 million customer records. Resulting fines for that could reach as high as 2 million Australian dollars ($1.3 million). Certainly, it has put increased pressure on the government, which has been in process reviewing its privacy laws for several years, and now stated it may move on this within the next month.

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Meta Releases Lying, Offensive AI and Pretends to Be Surprised

November 23, 2022

Like trouble, bad behavior by Meta shows up whether you look for it or not.  The latest is an open-source language model that was supposed to provide reliable search results because it was trained on academic papers.  Alas, it was quickly withdrawn after reviewers found that it returned results that were grammatical and plausible but also incorrect, not to mention filled with “antisemitism, homophobia, and misogyny.”  How can this be a surprise?

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