🛠️ "AI is a tool": Mark Cuban shared his thoughts about AI at SXSW, saying that AI itself is not an answer but rather a tool that can help make it easier for founders to grow their businesses. He said founders today should spend their time learning more about AI because of its potential.
💵 Worth it: Worth, a fintech startup, has raised a $20 million seed round to provide "frictionless" onboarding services to small businesses applying for loans, financing, or other credit-based products. The company launched a year ago and has more than 25 clients.
🎉 The IPO market is coming back! Virtual physical therapist Hinge Health filed to go public, hoping to raise $500 million in its offering. The company, which is 10 years old, made $290 million in revenue last year, up 33% from the year prior.
💸 Don't fall for it: The FTC says that Americans lost $12.5 billion in scams last year, a massive jump from $2.3 billion in 2024. Social media remains one of the biggest culprits, but the most common scams seem to be people falling for bad actors pretending to be family members, technical support, or other entities.
🤖 Hugging Face is expanding its LeRobot training: The company is teaming up with AI startup Yaak. Testing of this set, which helps train autonomous robots and cars, will start this summer.
