After keeping some key specs close to its proverbial chest, Tesla is finally sharing more details about the final production versions of the Cybertruck electric pickup. Tesla published battery, speed and other stats during its delivery event on Thursday, during which the automaker went out of the way to compare the Cybertruck to some of […]
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Defense startup Epirus, Inc. is getting new leadership. Staff were told at an all-hands meeting this morning that CEO Ken Bedingfield was leaving, TechCrunch learned. The news was later confirmed by a company spokesperson, who told TechCrunch that Bedingfield accepted a role at an unnamed public company. He will be replaced by COO Andy Lowery, […]
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Bad news: If you had your heart set on a sub-$40,000 Cybertruck, it ain’t coming next year, if ever. Though Tesla plans to ramp up production of its electric pickup in 2024, the company clarified today after its splashy delivery event that the cheapest Cybertruck variant will be available in 2025. Tesla first announced a […]
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With dubstep as the soundtrack and neon lighting as the backdrop, Elon Musk handed the first Cybertrucks over to a select group of customers that included Reddit co-founder and VC fund Seven Seven Six founder Alexis Ohanian and Trousdale Ventures founder and CEO Phillip Sarofim. The live streamed portion of the Tesla Cybertruck delivery event […]
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The former program manager of Blue Origin’s BE-4 rocket engines has filed a lawsuit against the company alleging whistleblower retaliation after he spoke up about safety issues. The complaint was filed on Monday in the Los Angeles County Superior Court. It includes a detailed narrative about program manager Craig Stoker’s efforts over seven months to […]
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The biotech startup's $6.5 million seed round is led by VC firm NFX but it is perhaps equally noteworthy to see that Merck is also participating in the round.
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While Apple Music Replay fails to live up to Spotify Wrapped, YouTube Music’s 2023 Recap offers a personalized and interactive experience. YouTube Music introduced three new features this year– custom album art, music moods and the ability to personalize and shuffle Google Photos with favorite songs. And, for the first time, you can see your […]
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X CEO Linda Yaccarino is publicly backing Elon Musk after he explicitly said “go fuck yourself” to advertisers leaving X during an onstage interview yesterday at the New York Times DealBook Summit. Musk, who in recent days has endorsed antisemitic content on the platform alongside other conspiracy theories, like the debunked Pizzagate, has threatened lawsuits […]
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Witness lists and testimony, mental health evaluations, detailed allegations of abuse, and corporate trade secrets. These are some of the sensitive legal court filings that security researcher Jason Parker said they found exposed to the open internet for anyone to access, and from none other than the judiciaries themselves. At the heart of any judiciary […]
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TikTok announced today the “Artist Account” or “shop window” for followers to see musicians’ songs, learn about upcoming releases and get an inside look into their creative process. The video-sharing app is launching a suite of new tools to enable artists to further promote their music and increase discoverability, such as a new artist tag, […]
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We knew it was coming, but stock-trading platform Robinhood is finally open for business in the U.K. — its first international market since debuting in the U.S. more than a decade ago. Robinhood is granting early access to the app starting today for those who join the waitlist, with things gradually opening up to everyone […]
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Days after a privacy complaint was lodged against Meta in the European Union over its latest controversial shift of legal basis claimed for processing people’s data for ads, consumer groups across the region are filing their own complaints about what the tracking giant is up to. A coalition of almost 20 consumer protection organizations is united […]
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Both Apple and Google today announced their best apps and games of the year, with the hiking and biking companion AllTrails winning as Apple’s iPhone App of the Year in 2023, while the educational app Imprint: Learn Visually won as Google Play’s best app. Meanwhile, Apple and Google agreed on their Game of the Year, […]
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In a dramatic turn of events late Friday, ex-Y Combinator president Sam Altman was fired as CEO of AI startup OpenAI, the company behind viral AI hits like ChatGPT, GPT-4 and DALL-E 3, by OpenAI’s board of directors. Then, the company’s longtime president and co-founder, Greg Brockman, resigned — as did three senior OpenAI researchers. […]
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Sam Altman is officially back as OpenAI’s CEO after a tumultuous week and change. And OpenAI officially has a new board of directors, replacing most of the board that attempted to oust Altman in the days preceding Thanksgiving. In a letter circulated internally at OpenAI and subsequently published to the OpenAI blog, Altman announced that […]
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Your move, Linda. Elon Musk said “go fuck yourself” to advertisers who recently paused spending on X after he endorsed an antisemitic conspiracy theory on the platform. On stage at the DealBook conference, Andrew Ross Sorkin asked the X owner about these pauses in advertising. Musk replied, “Don’t advertise.” “You don’t want them to advertise?” […]
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SpaceX is known for its vertical integration, but one component it’s been outsourcing is parachutes — until earlier this month, when the company quietly acquired parachute vendor Pioneer Aerospace after its parent company went bankrupt. The Information first reported the news. This is the second known acquisition for SpaceX, which acquired small satellite startup Swarm […]
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We will deliver quick hits of the biggest news from AWS re:Invent as they are announced.
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Lawmakers take note: Elon Musk-owned X appears to have quietly complied with a hard legal requirement in the European Union that requires larger platforms (aka VLOPs) to provide researchers with data access in order to study systemic risks arising from use of their services — risks such as disinformation, child safety issues, gender-based violence and […]
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We’re searching for seasoned startup founders and subject-matter experts to host a roundtable at TechCrunch Early Stage 2024. Our one-day summit, designed for emerging early-stage startup founders, takes place in Boston, Massachusetts, on April 25, 2024. Do you possess essential, game-changing advice for aspiring founders in the idea stage or newly minted founders with an […]
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At its re:Invent conference today, Amazon’s AWS cloud arm announced the launch of SageMaker HyperPod, a new purpose-built service for training and fine-tuning large language models (LLMs). SageMaker HyperPod is now generally available. Amazon has long bet on SageMaker, its service for building, training and deploying machine learning models, as the backbone of its machine […]
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Amazon is releasing an image generator — joining the ranks of the many, many other tech giants and startups that have already done so. During a keynote at its re:Invent conference this morning, Amazon debuted Titan Image Generator, which is now available in preview for AWS customers. Titan Image Generator, a part of Amazon’s Titan […]
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We will deliver quick hits of the biggest news from AWS re:Invent as they are announced.
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Both Apple and Google today announced their best apps and games of the year, with the hiking and biking companion AllTrails winning as Apple’s iPhone App of the Year in 2023, while the educational app Imprint: Learn Visually won as Google Play’s best app. Meanwhile, Apple and Google agreed on their Game of the Year, […]
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FEBE Ventures’ name stands for “for entrepreneurs by entrepreneurs,” and true to form, it is continuing to support seed-stage startups with the launch of its second fund. Targeting $75 million, Fund II is 2.5 times larger than FEBE’s first fund and 90% has already been committed. As part of the launch, FEBE Ventures also announced […]
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Uber has secured another win over the struggling taxi industry. Soon, riders in London will be able to hail an iconic black cab in the city. London cabbies can now start signing up for Uber trip referrals, but the service won’t roll out until early 2024. Uber says some drivers have already begun showing interest […]
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A leaked document shines new light on the fund's relationship with Mastercard and the embattled grant program.
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The notorious ransomware gang LockBit has claimed responsibility for a cyberattack targeting India’s state-owned aerospace research lab. On Wednesday, LockBit added the National Aerospace Laboratories (NAL) to its dark web leak site, which ransomware gangs use to extort victims for ransom payments. The group threatened to publish the organization’s stolen data if it fails to […]
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“When is a bot a person?,” my colleague Kirsten asked after I learned that Polestar’s climate bot is more human than machine. Polestar launched its “Truth Bot” on X (formerly Twitter) ahead of COP28, the UN climate conference overseen by an oil executive. The Truth Bot replies to misleading tweets about the climate crisis and […]
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We have options for all of your loved ones!
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German micromobility operator Tier Mobility is laying off another 22% of its workforce to cut costs in the never-ending grind toward profitability, according to a LinkedIn post from CEO Lawrence Leuschner. The hits keep coming for the micromobility giant, which sailed into 2022 on a high note. By March 2022, Tier had raised a $200 […]
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Amazon is launching an AI-powered chatbot for AWS customers called Q. Announced during a keynote at Amazon’s re:Invent conference today, Q can answer questions like “how do I build a web application with AWS.” Trained on 17 years’ worth of AWS knowledge, it’ll offer a list of potential solutions along with reasons why you might […]
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We are all talking about the business gains from using large language models, but there are lot of known issues with these models and finding ways to constrain the answers that a model could give is one way to apply some control to these powerful technologies. Today, at AWS re:Invent in Las Vegas, AWS CEO […]
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Apple’s year-end review and answer to Spotify Wrapped, Apple Music Replay, has arrived, but it’s still no match for Spotify’s personalized look back at your year in music. The Apple experience — available via a URL at replay.music.apple.com — will show you your top songs, albums, artists, genres, and other information about your listening history […]
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Your business must ensure that internal and external targets understand what the merged company will deliver and how it will make it happen.
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Amazon kicked off AWS re:Invent, its annual customer conference, in Las Vegas tonight with a few new serverless offerings designed to make it easier to manage Aurora, Elastic Cache and Redshift serverless services. Matt Wood, AWS VP, says that Aurora Serverless is great for getting up and running very quickly with a cloud database, but […]
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You might not be familiar with Hexa, the Paris-based startup studio that has launched dozens of B2B software companies, but some of its portfolio companies have become well-known unicorns, such as Front, Aircall and Spendesk. And it turns out that Hexa itself could be considered as a startup as the company just raised a funding […]
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Foxconn plans to invest $1.54 billion in India, the latest in its growing expansion plan, following a surge in revenues in the South Asian market. Foxconn said in a stock exchange filing that the investment will help it fulfil “operational needs.” The investment comes two months after the Taiwanese firm said it plans to double […]
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The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist, and one of the most acutely impacted areas has been VC funding for startups, particularly those outside the U.S. According to VC firm Atomico, companies in Europe are on track to raise just $42 billion […]
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Biotech and AI startup Cradle is finding success with its generative approach to protein design, landing big customers and a hefty $24 million of new investment. The company exited stealth a little over a year ago, just as the hype around large language models was really heating up. Many AI companies in biotech train models […]
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European Union regulators have sent Amazon a formal statement of objections setting out competition concerns over its proposed acquisition of robot vacuum maker, iRobot. The step does not confirm the EU will seek to block the deal but it shows antitrust regulators do remain concerned. It could therefore push Amazon to offer remedies to EU […]
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Singapore-based fast fashion platform Shein has confidentially planned to go public in the United States, according to multiple media reports. The Wall Street Journal broke the news earlier on Monday. Shein raised $2 billion at a $66 billion valuation earlier this year, but is expected to go public at a valuation as high as $90 […]
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Terran Orbital is suing its former CTO, Austin Williams, a little over a month after he and other shareholders publicly called for a change in company leadership. Williams was a co-founder of satellite design and manufacturing company Tyvak Nano Satellite Systems, which was acquired by Terran Orbital in 2014, and has since become core to […]
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For my American readers, I hope you had a restful Thanksgiving with loved ones. In this issue: Venturi Astrolab's first moon rover mission, news from OneWeb India and more.
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Social media giant Reddit is once again reportedly testing the IPO waters. Bloomberg reported on Monday that Reddit “is holding talks with potential investors for an initial public offering.” The San Francisco-based company, co-founded by Steve Huffman, Aaron Swartz and Alexis Ohanian in 2005, is considering going public as early as the first quarter, sources […]
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Last week, the Ukrainian government fired two of its top cybersecurity officials, who are accused of embezzlement. Now, one of them has been detained. Ukraine’s senior cabinet official Taras Melnychuk announced the firings in a public post on Telegram last week. The two officials are Yurii Shchyhol, head of Ukraine’s State Special Communications Service of […]
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Veev, a real estate developer turned tech-enabled homebuilder, is on the verge of shutting down after reaching unicorn status last year, according to multiple reports. Calcalist reported on Sunday that the company – which raised $600 million in total, $400 million of which was secured in March of 2022 – has to shut down after […]
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Here's a rundown of the key names reporting third-quarter results this week and what we might learn from them.
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Lapse, a photo-sharing app that growth hacked its way to the top of the App Store earlier this year, is starting to lose steam. The app, which had forced users to invite their friends in order to get in — a technique now being used by new social app ID by Amo, saw early success […]
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Co-founders Roberto Arroyo and his brother, Nicolas Arroyo, bootstrapped the company for almost four years and reached profitability while expanding into Chile, Guatemala and Argentina.
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Venture capitalists have a role to make people feel welcome and included in what can otherwise be a cliquey and closed environment.
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Keep the machines in mind; they are more pervasive than you might think.
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A lot of the buzz these days in artificial intelligence is around generative AI and how AI is being used to accelerate software and products for consumers. Today, a AI startup called PhysicsX, co-founded by two theoretical physicists — including a Formula One engineering superstar — is emerging from stealth with a very specific focus […]
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Anil Goel, the CTO of Byju’s, is leaving the edtech giant, he informed some colleagues amid a broader restructuring at the Bengaluru-headquartered startup as it looks to pare down costs and unify many of its businesses. Jiny Thattil is replacing Goel as the CTO, according to an internal communication. Goel, a former Amazon executive, was […]
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EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China’s market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.5 million in total funding, with Singapore’s Panthera Growth Partners leading the latest round, along with participation from […]
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“What controversy?” said the journalist from a global mainstream television outlet to me at the Web Summit Media Dinner, earlier this month in Lisbon. For all the heat and light, the gnashing of teeth, the tearing of clothes and the clutching of pearls, the big technology conference had seemingly managed to pull itself out of […]
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David Blumberg, founder and managing partner at Blumberg Ventures, explains how early-stage startups can look to their investors for help with solving problems, scaling, hiring, and strategic planning.
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Now that the OpenAI leadership saga has died down, startup founders building with AI can get back to work building the future. If that’s you, TechCrunch+ has a pile of notes, opinion pieces and forward-looking stories with your name on them. Sure, TechCrunch+ is a lot more than AI-related coverage, but we are also going […]
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Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular recap of the past few days in tech. The headlines have been dominated — nay, overwhelmed — by the drama unfolding at AI startup OpenAI, but plenty else happened in the half-week leading up to Thanksgiving. So much for a sleepy pre-holiday! In this edition […]
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A rush of deep discounts and the growth of flexible payment options were the drivers behind $9.8 billion in online sales in the U.S. on Black Friday — a record figure for the day. According to Adobe Analytics, sales were up by 7.5% on last year’s numbers (you can see those here). Sales easily surpassed […]
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On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. Since China reopened its border this spring after three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking to the Bay Area. […]
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Raphael Ouzan Contributor Share on X Raphael Ouzan is the founder and CEO of A.Team, a future-of-work company pioneering the world’s first AI-enabled team formation platform. More posts by this contributor A Developer’s Guide To The Wild West Of App Discovery The AI skills gap is real. A recent study from Randstad, the recruitment company, […]
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Berkshire Hathaway sold its shares in the Paytm-parent firm One97 Communications Friday, booking a loss of about 40% on the investment it made more than five years ago. The Warren Buffett firm invested about $260 million in Paytm in 2018, acquiring a 3% stake in the financial services startup at a valuation of about $10 […]
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Saviu Ventures, a VC firm targeting startups in Francophone Africa, has made an initial close of €12 million for its second fund with the backing of private investors, including French and Kenyan family offices. The VC firm aims to close the fund at between €30 million and €50 million to primarily invest in startups within […]
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If I map myself against the standards of fundraising today, none of those startups would’ve had a gnat’s shadow’s chance of raising money.
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The OpenAI power struggle that captivated the tech world after co-founder Sam Altman was fired has finally reached its end — at least for the time being. But what to make of it? It feels almost as though some eulogizing is called for — like OpenAI died and a new, but not necessarily improved, startup […]
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Well before Washington banned Nvidia’s exports of high-performance graphic processing units to China, the country’s tech giants had been hoarding them in anticipation of an escalating tech war between the two nations. Baidu, one of the tech firms building China’s counterparts to OpenAI, has secured enough AI chips to keep training its ChatGPT equivalent Ernie […]
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Institutional real estate investors have historically struggled to buy up tonnes of family homes (the so-called ‘Single Family rental sector’) so they can turn us all into rental slaves and lock millions to a rentier economy. A few startups are trying to ease the ‘pain’ of these rapacious harbingers of hyper capitalism. Immo Capital, a […]
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Instagram head Adam Mosseri said Wednesday that the app now allows all users across the world to download public Reels to their devices. Prior to this rollout, you could only save Reels to the Instagram app for viewing them later. Mosseri said on his broadcast channel on Instagram that downloaded Reels will have an Instagram […]
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India is drafting rules to detect and limit the spread of deepfake media, a senior lawmaker said Thursday. Ashwini Vaishnaw, India’s IT Minister, said the ministry held meetings with all large social media companies and academics earlier in the day and has reached a consensus that a regulation is needed to better combat proliferation and […]
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Elon Musk said that X, formerly Twitter, will start showing headlines in preview cards with URLs on the platform again after removing titles last month. In a post on X, Musk said in an upcoming update, the company will overlay the title in the upper portion of the image of a URL Card. He didn’t […]
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Founded by an expert on geography and globalization, Climate Alpha’s AI-based platform helps real estate owners and investors analyze the impact of climate change on their portfolios. The Singapore-based startup announced today it has raised $5 million in seed funding led by Jungle Ventures through its new First Cheque@Jungle program for second-time founders and operators […]
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The OpenAI power struggle that captivated the tech world after co-founder Sam Altman was fired has finally reached its end — at least for the time being. But what to make of it? It feels almost as though some eulogizing is called for — like OpenAI died and a new, but not necessarily improved, startup […]
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Cruise executives are taking a measured business approach that preserves cash and improves safety culture in an attempt to put GM’s troubled autonomous vehicle subsidiary on the right path. The first steps in this rebuilding plan, which includes pausing production on its Origin robotaxi, were laid out in an internal email sent to employees by […]
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Luko's parent company, Demain ES, will be put for sale via a legal notice in the newspaper after Admiral abandoned ship.
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The geographic isolation of Australia and New Zealand creates a sense of hustle, if not urgency, around raising funds and building a global product.
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In the dynamic landscape of African international trade, a prevalent challenge looms large: A mere 30% of trade volumes find financial intermediaries in banks. This glaring gap in financing disproportionately impacts small and medium-sized enterprises (SMEs), as their larger counterparts absorb the lion’s share of the limited available capital. The opportunity to reshape African trade […]
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Cameroonian health startup Waspito has secured a $2.5 million seed extension from DP World through Newtown Partners, Saviu Ventures, AAIC Investment, Axian ventures and CFAO’s Health54 to spur its growth in the Francophone region. Waspito is a health-focused social network that allows users (patients) to access and consult with verified doctors over video calls. Additionally, […]
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ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. While there is a more…nefarious side to ChatGPT, it’s […]
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In a dramatic turn of events late Friday, ex-Y Combinator president Sam Altman was fired as CEO of AI startup OpenAI, the company behind viral AI hits like ChatGPT, GPT-4 and DALL-E 3, by OpenAI’s board of directors. Then, the company’s longtime president and co-founder, Greg Brockman, resigned — as did three senior OpenAI researchers. […]
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Meet OpenAI’s new board of directors: Bret Taylor, Larry Summers and Adam D’Angelo. Or, more precisely, the board for the time being. We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. We are collaborating […]
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Audio series platform Pocket FM has topped $160 million in annual recurring revenue and is inching closer to raising over $80 million in a new funding round, three sources familiar with the matter told TechCrunch. Lightspeed, an existing investor in Pocket FM, is in advanced stages of talks to lead the funding round into the […]
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French startup Callyope isn’t your average startup as it is addressing a very hard problem in a highly regulated industry. The startup is building a remote patient monitoring platform for people living with schizophrenia, bipolar disorders and potentially other mental health issues. And the company is using the patient’s voice for this monitoring tool. Callyope […]
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Sam Altman is returning to OpenAI as its chief executive, the high-profile AI startup said Wednesday, capping an intense five days of discussions, debates and convincing following the sudden dismissal of Altman last week from the startup he co-founded. OpenAI, which is the most valuable U.S. startup, said it has reached an “agreement in principle” […]
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There is “reasonable evidence” to conclude that Tesla and its officers, including CEO Elon Musk, knew its vehicles had defective Autopilot systems but still allowed the cars to be driven in areas “not safe for that technology,” a Florida judge found. The ruling last week from Judge Reid Scott, in the Circuit Court for Palm […]
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In a dramatic turn of events late Friday, ex-Y Combinator president Sam Altman was fired as CEO of AI startup OpenAI, the company behind viral AI hits like ChatGPT, GPT-4 and DALL-E 3, by OpenAI’s board of directors. Then, the company’s longtime president and co-founder, Greg Brockman, resigned — as did three senior OpenAI researchers. […]
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Integrating with a payment API is something most — if not all — business-to-consumer platforms are forced to do at some point. It’s practically unavoidable if they wish to take credit card payments. The trouble is, for platforms dealing in bills and invoices, not just one-off charges, few payment APIs have all the features necessary […]
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ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. While there is a more…nefarious side to ChatGPT, it’s […]
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AI startups that aren’t OpenAI are plugging away this week, it’d seem — sticking to their product roadmaps even as coverage of the chaos at OpenAI dominates the airwaves. See: Stability AI, which this afternoon announced Stable Video Diffusion, an AI model that generates videos by animating existing images. Based on Stability’s existing Stable Diffusion text-to-image […]
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Kinterra Capital, a Canadian private equity firm, has closed its $565 million debut fund dedicated to securing critical mineral assets for battery development. The influx of private capital comes amid increasing government incentives into the sourcing and production of battery materials in North America. Kinterra’s oversubscribed round will target asset-level investments in North America, Western […]
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Have you ever puked and had diarrhea at the same time? I have, and when it happened, I was listening to a fan-made audiobook version of Harry Potter and the Methods of Rationality (HPMOR), a fan fiction written by Eliezer Yudkowsky. No, the dual-ended bodily horror was not incited by the fanfic, but the two […]
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Decentralized social networking may be the future, but in the meantime, there are a lot of Twitter alternatives to keep up with. A new app called Yup aims to help by offering a single place to read feeds, follow friends across services, and cross-post to a range of social apps, including Twitter/X itself, as well […]
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OpenAI's fate took a a twist nobody could have imagined last week, and all we can do is watch to see what the final outcome will be.
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Tiger Global Management is going through a major management change. Per a message from founder Chase Coleman sent this afternoon to the 22-year-old firm’s limited partners, Coleman is taking over both the outfit’s public company investing and private equity businesses, while the longtime head of the latter, Scott Shleifer, becomes a a senior advisor, a […]
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Hyundai Motor Group and Motional, the Aptiv-Hyundai joint venture aimed at commercializing autonomous vehicles, announced plans Tuesday to co-develop production-ready versions of the all-electric IONIQ 5 robotaxi at the automaker’s new innovation center in Singapore, the Hyundai Motor Group Innovation Center Singapore (HMGICS). Motional will deploy the vehicles as part of its commercial service in […]
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Twelve Below aims to lead or co-lead pre-seed and seed financings with the goal of earning a 10% to 15% ownership stake in the core investments from the fund.
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European Union antitrust regulators have carried out another series of raids on two online food delivery companies headquartered inside the bloc. The Commission hasn’t named the companies involved but the move follows unannounced EU inspections back in July 2022 — which were reported to have taken place at the offices of Spain’s Glovo and German’s […]
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India’s Enforcement Directorate, its anti-money laundering agency, has found that Byju’s violated the nation’s foreign exchange law to the tune of $1.08 billion, a person familiar with the matter told TechCrunch. The findings, which ED plans to make public as early as Tuesday, follows the agency searching the premises of Byju’s and its founder Byju […]
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French startup Indy has recently closed a new funding round of $44 million (€40 million) with BlackFin Capital Partners leading the round. Indy started as an automated accounting platform for freelancers and other self-employed people. But the company has been slowly iterating on its product to become an all-in-one platform for freelancers, from accounting to […]
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A Google executive said during a testimony in the Epic vs Google trial that a deal with Spotify allows the audio company to bypass Play Store fees, as reported by The Verge. Don Harrison, Google’s head of partnership, said that Spotify pays no fees when it processes its own payments and pays a measly 4% […]
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Elon Musk’s X, formerly Twitter, has filed a lawsuit alleging defamation by a news organization over claims that major companies had ads appear next to antisemitic content. But the suit appears to confirm the very thing it claims is defamatory. Media Matters last Thursday published an article with screenshots showing ads from IBM, Apple, Oracle […]
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In a dramatic turn of events late Friday, ex-Y Combinator president Sam Altman was fired as CEO of AI startup OpenAI, the company behind viral AI hits like ChatGPT, GPT-4 and DALL-E 3, by OpenAI’s board of directors. Then, the company’s longtime president and co-founder, Greg Brockman, resigned — as did three senior OpenAI researchers. […]
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In interviews on CNBC and Bloomberg TV tonight, Microsoft CEO Satya Nadella made it clear that it’s possible Sam Altman, who was fired from his role as CEO at OpenAI by the AI startup’s board of directors on Friday, could return to OpenAI in some capacity. That’s despite the fact that Altman announced this morning […]
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With the OpenAI saga playing out across the pond, the European tech community has been waiting for the latest updates as if a new series of “Succession” was about to drop. Indeed, events have at times resembled some Greek tragedy about the Gods fighting it out, atop Mount Olympus, while us mere mortals watch on. […]
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In this issue: More on Starship's second launch, news from Blackshark.ai and more
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It may be difficult for just any company to court OpenAI employees even if compensation packages are eye-poppingly high because of loyalty to Sam Altman.
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OpenAI was never quite like other generative AI startups — or other startups period, for that matter. Its governance structure is unique and what ultimately led to the abrupt ousting of CEO Sam Altman on Friday. Even after it transitioned from a nonprofit to a “capped-profit” company in 2019, OpenAI retained an unusual structure that […]
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Tinder is revamping its profile pages to make them more informative and create easier starting points for conversations. The company is launching features like profile prompts as conversation starters, profile quizzes, basic info tags, and dark mode. Let’s look at these new features in details. The Match-group-owned app is rolling out profile prompts so that […]
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A new startup is targeting the lucrative workplace productivity space with an open source approach to project and knowledge management — and it has received backing from a who’s who of investors from across the technology spectrum. AppFlowy, as the company is called, has raised $6.4 million in funding from a slew of renowned founders […]
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Sam Altman and Greg Brockman and many of their former OpenAI colleagues will join Microsoft, the software conglomerate’s chief Satya Nadella said Monday, capping an intense three days of discussions following the unexpected decision by OpenAI’s board to dismiss Altman. Many OpenAI members, including the co-founder Brockman, left the firm in protest last week. At […]
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ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. While there is a more…nefarious side to ChatGPT, it’s […]
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Kyle Vogt, the serial entrepreneur who co-founded and led Cruise from a startup in a garage through its acquisition and ownership by General Motors, has resigned, according to an email sent to employees Sunday evening. In another email, also viewed by TechCrunch, GM Chair and CEO Mary Barra announced that Mo Elshenawy, who is executive […]
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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […]
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In 2018, I wrote a TechCrunch article stating that 2018 was “the year social networks were no longer social.” Reflecting on that article, I’m not sure that 2018 was the turning point. But the premise of the article still holds up well. At some point, social networks were no longer about connecting with your closest […]
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In India, few events garner as much attention as a cricket game. And there’s no match for a World Cup final. The Sunday game, which began just half an hour ago, has already topped 54 million concurrent viewers, shattering a record that was set just earlier this week. With no high-profile cricket game anytime soon, […]
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On Friday, the board of OpenAI, the AI startup behind ChatGPT and other viral AI-powered hits, did something unexpected but seemingly well within its right: removed the company’s CEO, Sam Altman. But judging by how the situation’s unfolded, it seems that OpenAI’s investors and partners — and many of its employees — were more comfortable […]
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Every decision that leaders make should carry a precise expectation of its business impact, fitting into broader company goals.
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Watch Starship’s second integrated flight test → https://t.co/bJFjLCiTbK https://t.co/cahoRQ72lm — SpaceX (@SpaceX) November 18, 2023 SpaceX flew Starship, the most powerful rocket ever built, for the second time ever today – and it went way farther than the first time around. Developing…
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OpenAI co-founder and president Greg Brockman has quit the firm, he said Friday, hours after the Microsoft-backed giant abruptly fired its chief executive Sam Altman and assured that Brockman would remain at the startup. Brockman’s sudden departure adds to the day’s uncertainties at OpenAI, following closely on the heels of its maiden developer conference led […]
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In perhaps the most unexpected tech news of the year, billionaire Sam Altman has been ejected from his CEO role at OpenAI by the company’s board after an apparent vote of no confidence. Its exact wording in a release issued this afternoon: Altman’s “departure follows a deliberative review process by the board, which concluded that […]
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ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. While there is a more…nefarious side to ChatGPT, it’s […]
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In a surprising move, OpenAI today abruptly fired Sam Altman, its CEO and a member of its board of directors, and installed CTO Mira Murati as interim CEO. But who, exactly, is Mira Murati? Murati, who has a degree in mechanical engineering from Dartmouth College, previously worked as an intern at Goldman Sachs and then […]
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What price privacy? End-to-end encrypted (E2EE) messaging app Signal has put out an interesting overview of the costs required to develop and maintain its pro-privacy systems which shield user data from tracking by default. The blog post, penned by Signal president Meredith Whittaker and developer Joshua Lund, reveals it’s currently spends around $14 million per […]
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Pricepally, a Nigerian online grocery store for fresh produce and packaged food, has raised $1.3 million seed funding, backed by Samurai Incubate; a Japanese VC that also participated in the startup’s 2021 pre-seed round, SOSV, ELEA, Hi2 Global, Chui Ventures and ex-Unilever executive David Mureithi. Following the new funding, the startup joins a handful of […]
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Instafest, the app which went viral last year before Spotify Wrapped was officially unveiled, now lets you create a music festival poster based on artists that you have in a particular playlist. The app’s developer, Anshay Saboo, has added more themes and customization options as well. Users can create a music festival poster through a […]
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BrightDrop, the commercial EV subsidiary of General Motors that launched in 2021, is being swallowed up by its parent company. GM said Thursday that BrightDrop — a “startup” that spun out of the automaker’s Global Innovation organization to become a wholly owned subsidiary — will become part of GM. BrightDrop CEO Travis Katz, who was […]
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Microsoft’s Ignite 2023 event came with a lot of updates, and AI product reveals and expansions were front and center as the company laid out its updated vision for IT professionals. As our own Devin Coldewey wrote in October, Microsoft CEO Satya Nadella has made it clear that the company is all-in on AI, and […]
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In the name of transparency and accessibility, Twitch launched its new Privacy Center to educate users, after conducting “extensive research” and finding that many of its users had no idea how their personal data is collected and used. The Privacy Center, which launched on Thursday, is designed to provide “clear, actionable information” about privacy rights, […]
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The founders of IRL, Abraham Shafi and Genrikh Khachatryan, are suing their investors, claiming that they intentionally sabotaged the company. At its peak, IRL was poised to become an event organizing alternative for Gen Z, who are using Facebook less and less. Shafi, the CEO, was suspended from IRL in April to investigate claims of […]
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Battery cells produced at Toyota’s future North American EV factory will someday contain a little Redwood Materials DNA. The two companies announced Thursday that Redwood Materials will supply Toyota with cathode material and anode copper foil for battery cells produced at the automaker’s $13.9 billion factory in North Carolina that’s slated to go into production […]
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Ida is a relatively new French startup that wants to work with supermarkets and grocery stores to optimize new orders of fresh products, such as fruits, vegetables, meat, poultry and fish. The startup recently raised a $2.9 million (€2.7 million) seed round from Frst, Daphni, Motier Ventures and Kima Ventures. Right now, grocery stores mostly […]
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The Australian government recently set new packaging regulations after an official review found just 18% of plastic packaging is recycled, falling far short of a 70% target by 2025. Refilled, a Sydney-based startup, wants to help with its smart drink dispensers, which are meant to be used with reusable bottles. Its mission is to save […]
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One of the more unexpected products to launch out of the Microsoft Ignite 2023 event is a tool that can create a photorealistic avatar of a person and animate that avatar saying things that the person didn’t necessarily say. Called Azure AI Speech text to speech avatar, the new feature, available in public preview as of […]
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Everything’s coming up Copilot — including Bing. Today at Microsoft Ignite 2023, the company renamed Bing Chat, the AI-powered chatbot it launched on Bing earlier this year, to Copilot in Bing. Meanwhile, the premium, corporate-focused version of Bing Chat, which was previously called Bing Chat Enterprise, has also been rebranded to Copilot. Why the name […]
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During Microsoft’s Ignite 2023 event, the company’s annual IT pro conference, a slew of interesting updates were revealed for Teams, its Slack-like collaboration and messaging service. Among the dozens of updates here, some of the highlights are the initial rollout of voice isolation, an AI-driven noise reduction feature that can not just reduce repetitive noise […]
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Instagram’s Threads app has been duping Twitter/X in a number of ways and today it’s adding one more feature that’s been core to the Twitter experience for years: hashtags. Meta CEO Mark Zuckerberg announced that Threads will begin testing the ability to tag topics on Threads to categorize posts by interest or theme. Though users […]
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In Q3 2023, Jumia reported its adjusted EBITDA loss at $15 million, marking the lowest since its IPO in 2019 (outperforming the $27 million recorded in Q1 and $19.3 million in Q2) and a substantial decrease of $32 million compared to Q3 2022. This represents a 67% year-over-year decline and a 70% reduction on a […]
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