2025

Business

‘Open’ model licenses often carry concerning restrictions

This week, Google released a family of open AI models, Gemma 3, that quickly garnered praise for their impressive efficiency. But as a number of developers lamented on X, Gemma 3’s license makes commercial use of the models a risky proposition. It’s not a problem unique to Gemma 3. Companies like Meta also apply custom,...

Business

Profitable Klarna files for a potentially blockbuster IPO

Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 prospectus public. We are sifting through the document now. Klarna hopes to raise at least $1 billion at a $15 billion valuation with this IPO, Bloomberg reported last week. The public documents don’t yet reveal...

Business

Bench is charging people for services they already paid for, some customers say

After Employer.com acquired bankrupt accounting startup Bench in a fire-sale late last year, CEO Jesse Tinsley pledged on LinkedIn and elsewhere to honor past customer payments. “We’re honoring all prepaid Bench services even though we will not have the revenue from that directly ourselves,” Tinsley said in an interview with founder and investor Julian Weisser....