Friday, May 31, 2024

Hackers steal $305 million from DMM Bitcoin crypto exchange

Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been victim of a hack resulting in the theft of 4,502.9 bitcoin, or about $305 million.  According to crypto security firm Elliptic, this is the eighth largest crypto theft in history.  DMM Bitcoin said it detected “an unauthorized leak of Bitcoin (BTC) from our […]

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Disrupt 2024 early-bird prices end at midnight

This is not a drill! Today marks the final day to secure your early-bird tickets for TechCrunch Disrupt 2024 at a significantly reduced rate. At midnight tonight, May 31, ticket prices will increase, so act now to save up to $800 on admission to one of the most anticipated technology conferences of the year. Disrupt […]

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Feds tell Zoox to send more info about autonomous vehicles suddenly braking

U.S. federal regulators have requested more information from Zoox, Amazon’s self-driving unit, as part of an investigation into rear-end crash risks posed by unexpected braking. The National Highway Traffic Safety Administration (NHTSA) opened a preliminary investigation into Zoox on May 10 after it received two reports of Zoox vehicles unexpectedly braking, leading to rear-end collisions […]

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Canva’s rap battle is part of a long legacy of Silicon Valley cringe

You thought the hottest rap battle of the summer was between Kendrick Lamar and Drake. You were wrong. It’s between Canva and an enterprise CIO. At its Canva Create event last week, Canva unveiled its new enterprise offerings. But few people would be talking about that if not for an unexpected rap battle that took […]

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VC firm Antler’s CEO says Asia presents ‘biggest opportunity’ in the world for growth

We caught up with Antler founder and CEO Magnus Grimeland about the startup scene in Asia, the current tech startup trends in the region, and investment approaches during the rise of AI technology.

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Stripe curbs India ambitions over regulatory changes

Stripe, the global fintech giant, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India, “a tough decision” it’s making as it navigates the country’s evolving regulatory landscape. In a statement posted on its website, Stripe said that businesses in India will no longer be able to […]

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Spain bans Meta from launching election features on Facebook, Instagram over privacy fears

Meta has been banned from launching features on Facebook and Instagram that would have collected data on voters in Spain using the social networks ahead of next month’s European Elections. The local data protection authority, the AEPD, has used emergency powers to protect local users’ privacy. Meta confirmed to TechCrunch it has complied with the […]

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Voice cloning of political figures is still easy as pie

The 2024 election is likely to be the first in which faked audio and video of candidates is a serious factor. As campaigns warm up, voters should be aware: voice clones of major political figures, from the President on down, get very little pushback from AI companies, as a new study demonstrates. The Center for […]

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Thursday, May 30, 2024

OneScreen.ai brings startup ads to billboards and NYC’s subway

When Alex Ewing was a kid growing up in Purcell, Oklahoma, he knew how close he was to home based on which billboards he could see out the car window. Now, as the CEO of OneScreen.ai, he’s helping startups like fintech Ramp and technical recruiter Karat advertise on billboards and beyond. “I think billboards are […]

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Archer, Kakao Mobility partner to bring electric air taxis to South Korea in 2026

Archer Aviation is partnering with ride-hailing and parking company Kakao Mobility to bring electric air taxi flights to South Korea starting in 2026, if the company can get its aircraft developed in time.  The move to South Korea is part of an international strategy that will also see Archer commercially launch in the United Arab […]

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Basalt plans to hack a defunct satellite to install its space-specific OS

Space startup Basalt Technologies started in a shed behind a Los Angeles dentist’s office, but things have escalated quickly: soon it will try to hack a derelict satellite and install its space-specific OS.  The startup’s cofounder, Alex Choi, found himself living in said shed after suddenly getting kicked out of his MIT dorm due to […]

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Former teen model co-created app Frich to help Gen Z be more realistic about finances

As a teen model, Katrin Kaurov became financially independent at a young age. Aleksandra Medina, whom she met at NYU Abu Dhabi, also learned to manage money early on. The pair bonded as students over what they viewed as a lack of a space for open conversations for people their age to have around financial […]

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Autobiographer’s app uses AI to help you tell your life story

Can an AI help you tell your story? That’s the idea behind a startup called Autobiographer, which leverages AI technology to engage users in meaningful conversations about the events in their lives and how they felt about them, and then turns those into prose, effectively creating your own autobiography. The startup is dabbling in an […]

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Rhea reaps $10M more led by Thiel

Fertility remains a pressing concern around the world — birthrates are down in many countries, and infertility rates (that is, the ability to conceive at all) are up. And given the emotional struggles people face when coping with infertility, it’s not surprising that the opportunity is so big. Yet equally so that the sector remains […]

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Filing shows Salesforce paid $419M to buy Spiff in February

Salespeople live and die by commissions, which typically form a big chunk of how they are paid. It’s no surprise, then, that Salesforce paid a premium to buy a platform that helps its customers manage commissions more easily. Several months ago, Salesforce bought Spiff to help companies build out and manage incentive-based compensation schemes. Salesforce’s […]

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Archer, Kakao Mobility partner to bring electric air taxis to South Korea in 2026

Archer Aviation is partnering with ride-hailing and parking company Kakao Mobility to bring electric air taxi flights to South Korea starting in 2026, if the company can get its aircraft developed in time.  The move to South Korea is part of an international strategy that will also see Archer commercially launch in the United Arab […]

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Iyris makes fresh produce easier to grow in difficult climates, raises $16M

2023 was the hottest year on record, it doesn’t look like we’re cooling down anytime soon. Rising temperatures have made farming increasingly difficult in areas that were once prime agricultural resources where heat and drought have severely impacted crops. For most farmers who rely on traditional methods and lack access to high-tech greenhouses, the need […]

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Wednesday, May 29, 2024

India’s Agnikul launches 3D-printed rocket in sub-orbital test after initial delays

After two years of preparation and four delays over the past several months due to technical glitches, Indian space startup Agnikul has successfully launched its first sub-orbital test vehicle, powered by its unique 3D-printed rocket engines, space agency Indian Space Research Organisation said Thursday. Called Agnibaan SOrTeD (Sub-Orbital Technology Demonstrator), the single-stage launch vehicle lifted […]

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Chinese EV makers, and their connected vehicles, targeted by new House bill

Chinese EV manufacturers face a new challenge in their pursuit of U.S. customers: a new House bill that would limit or ban the introduction of their connected vehicles. The bill, introduced by U.S. Rep. Elissa Slotkin, comes as the trade war between the U.S. and China heightens in the aftermath of the Biden administration’s decision […]

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Fisker cuts hundreds of workers in bid to keep EV startup alive

Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers suspected layoffs were coming when the company directed everyone to work from home on Wednesday — an out-of-character directive, according to multiple current and former […]

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This founder says memetech is the next big thing

Alex Taub, a longtime founder with multiple exits under his belt, believes it’s time to disrupt the meme industry. “I have this big thesis that memetech is going to be the next big category,” Taub told TechCrunch. “Like, there’s healthtech, there’s proptech, there’s adtech, there’s fintech… I think memetech is about to have a big […]

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House bill would ban Chinese connected vehicles over security concerns

U.S. Rep. Elissa Slotkin will introduce a bill to Congress that would limit or ban the introduction of connected vehicles built by Chinese companies if found to pose a threat to national security.  The bill comes as the trade war between the U.S. and China heightens in the aftermath of the Biden administration’s decision to […]

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MoviePass co-founders speak their truth in HBO’s new documentary 

HBO’s new documentary, “MoviePass, MovieCrash,” tells a story that many of us know about: how MoviePass, the subscription-based movie ticketing startup, was a catastrophic failure. After a series of mishaps and deception, it filed for bankruptcy in 2020.  However, the movie also tells the underreported tale of two Black men who aimed to disrupt the […]

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OpenAI signs on 100K PwC workers to its ChatGPT enterprise tier, as the consultant becomes its first resale partner

ChatGPT has changed the game for how ordinary people regard and interact with AI, and today its creator announced a new, major enterprise customer that it hopes will be a signal of how a similar effect could play out in the world of work.  PwC, the management consulting giant, has signed on as a customer […]

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72 hours left of the Disrupt early-bird sale

Tech enthusiasts and entrepreneurs, the clock is ticking! With just 72 hours remaining until the early-bird ticket deadline for TechCrunch Disrupt 2024, now is the time to secure your spot and save big on this premier tech event. Don’t miss out on the opportunity to join us in San Francisco for an unforgettable experience filled […]

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Tuesday, May 28, 2024

Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund

Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund.  The new fund, called Future Leaders Fund III, will enable the Mumbai-headquartered firm to write larger checks and maintain a meaningful position in the startups it backs, […]

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Anthropic hires former OpenAI safety lead to head up new team

Jan Leike, a leading AI researcher who earlier this month resigned from OpenAI before publicly criticizing the company’s approach to AI safety, has joined OpenAI rival Anthropic to lead a new “superalignment” team. In a post on X, Leike said that his team will focus on various aspects of AI safety and security, specifically “scalable […]

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A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […]

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OpenAI’s new safety committee is made up of all insiders

OpenAI has formed a new committee to oversee “critical” safety and security decisions related to the company’s projects and operations. But, in a move that’s sure to raise the ire of ethicists, OpenAI’s chosen to staff the committee with company insiders — including Sam Altman, OpenAI’s CEO — rather than outside observers. Altman and the […]

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Early bird gets the savings — 4 days left for Disrupt sale

Time is running out for tech enthusiasts and entrepreneurs to secure their early-bird tickets for TechCrunch Disrupt 2024! With only four days left until the May 31 deadline, now is the perfect time to purchase your tickets and save up to $800 before prices increase. This event will be held in San Francisco, drawing 10,000 […]

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Skej’s AI meeting scheduling assistant works like adding an EA to your email

AI may not be up to the task of replacing Google Search just yet, but it can be useful in more specific contexts — including handling the drudgery that comes with performing everyday tasks, like scheduling meetings. That’s the premise behind the new startup, Skej, which offers an AI assistant you can loop into your […]

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Monday, May 27, 2024

Adani to battle Reliance, Walmart in India’s e-commerce, payments race, report says

India’s Adani Group is in discussions to venture into e-commerce and digital payments, according to a report, as the conglomerate seeks to diversify its portfolio and compete with Mukesh Ambani’s Reliance, Amazon and Walmart’s Flipkart and PhonePe. The energy-to-infrastructure giant Adani Group is considering applying for a license to operate on India’s Unified Payments Interface, […]

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Ledger starts shipping its high-end hardware crypto wallet

Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet features an E-Ink display and has been designed in partnership with Tony Fadell, one of the main designers behind the iPod. E-Ink technology is generally […]

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LatAm startups: Apply to Startup Battlefield 200

Here’s a shoutout to LatAm early-stage startup founders! We want YOU to apply for the Startup Battlefield 200 at TechCrunch Disrupt 2024. But you’d better hurry — time is running out. The application window closes on June 10 at 11:59 p.m. PDT. LatAm — Join the Startup Battlefield 200 Startup Battlefield 200 (SB 200) is […]

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Spanish startups reached €100 billion in aggregated value in 2023, consolidating the country’s position as a midsize European tech ecosystem

Venture investment into Spanish startups also held up quite well, with €2.2 billion raised across some 850 funding rounds.

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Elon Musk’s xAI raises $6B from Valor, a16z, and Sequoia

Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, in one of the largest deals in the red-hot nascent space, as he shores up capital to aggressively compete with rivals including OpenAI, Microsoft, and Google. Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity, Prince Alwaleed […]

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Sunday, May 26, 2024

Indian EV startup Zypp Electric secures ENEOS backing to fund expansion to Southeast Asia

Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has exclusively learned. The company aims to be in 15 markets over the next two years. Of those 15 markets, Zypp Electric plans to launch its […]

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A venture capital firm looks back on changing norms, from board seats to backing rival startups

Last month, one of the Bay Area’s better-known early-stage venture capital firms, Uncork Capital, marked its 20th anniversary with a party in a renovated church in San Francisco’s SoMa neighborhood, where 420 guests showed up to help the firm to celebrate, trade tips, and share war stories. There’s no question the venture scene has changed […]

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Families of Uvalde shooting victims sue Activision and Meta

The families of victims of the shooting at Robb Elementary School in Uvalde, Texas are suing Activision and Meta, as well as gun manufacturer Daniel Defense. The families bringing the lawsuits are represented by attorney Josh Koskoff, who previously won a settlement from Remington for the families of Sandy Hook shooting victims. The suit against […]

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How Maven’s AI-run ‘serendipity network’ can make social media interesting again

Everything in society can feel geared toward optimization – whether that’s standardized testing or artificial intelligence algorithms. We’re taught to know what outcome you want to achieve, and find the path towards getting there.  Kenneth Stanley, a former OpenAI researcher and co-founder of a new social media platform called Maven, has been preaching for years […]

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Saturday, May 25, 2024

The ups and downs of investing in Europe, with VCs Saul Klein and Raluca Ragab

When it comes to the world of venture-backed startups, some issues are universal, and some are very dependent on where the startups and its backers are located. It’s something we talked about this week in London, when TechCrunch took its StrictlyVC series of more intimate, more investor-focused events on the road. Sitting down with Saul […]

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Scarlett Johansson brought receipts to the OpenAI controversy

Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. OpenAI announced this week that it’s removing Sky, one of the voices used by its new GPT-4o model, after users found it sounded eerily similar to Scarlett Johansson’s AI character […]

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Deal Dive: Can blockchain make weather forecasts better? WeatherXM thinks so

Accurate weather forecasts are critical to industries like agriculture, and they’re also important to help prevent and mitigate harm from inclement weather events or natural disasters. But getting forecasts right is extremely difficult. That’s why the founders of WeatherXM have been looking to make weather forecasts more accurate for the past 12 years. In 2012, […]

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AI tutors are quietly changing how kids in the US study, and the leading apps are from China

Evan, a high school sophomore from Houston, was stuck on a calculus problem. He pulled up Answer AI on his iPhone, snapped a photo of the problem from his Advanced Placement math textbook, and ran it through the homework app. Within a few seconds, Answer AI had generated an answer alongside a step-by-step process of […]


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Friday, May 24, 2024

From Plaid to Figma, here are the startups that are likely — or definitely — not having IPOs this year

Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we approach the halfway point of the year. 2024 delivered four venture-backed tech IPOs, Reddit, Astera Labs, Ibotta and Rubrik, in March and April, which made it seem like this year could spur the momentum investors had hoped […]

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Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns

Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 billion valuation; Scale AI, a data-labeling platform for machine learning models, secured $1 billion as its valuation nearly doubled to $13.8 billion; and H, a fledgling French […]

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X should bring back stars, not hide ‘likes’

Elon Musk’s X is preparing to make “likes” private on the social network, in a change that could potentially confuse users over the difference between something they’ve favorited and something they’ve bookmarked. According to new posts by company employees, the decision to hide likes is meant to incentivize engagement, by allowing people to favorite content […]


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$6M fine for robocaller who used AI to clone Biden’s voice

The FCC has proposed a $6 million fine for the scammer who used voice-cloning tech to impersonate President Biden in a series of illegal robocalls during a New Hampshire primary election. It’s more about robocalls than AI, but the agency is clearly positioning this as a warning to other would-be high-tech scammers. As you may […]


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Tesla lobbies for Elon and Kia taps into the GenAI hype

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Is it me, or is the Tesla board being a bit extra these days as it tries to convince shareholders to vote in favor of relocating the […]


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Thursday, May 23, 2024

Foursquare just laid off 105 employees

Foursquare, the location-focused outfit that in 2020 merged with Factual, another location-focused outfit, is joining the parade of companies to make cuts to one of its biggest cost centers – employees – in 2024.  Per an email sent out to staffers this afternoon by current CEO Gary Little and viewed by TechCrunch, 105 employees were […]

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Using memes, social media users have become red teams for half-baked AI features

“Running with scissors is a cardio exercise that can increase your heart rate and require concentration and focus,” says Google’s new AI search feature. “Some say it can also improve your pores and give you strength.” Google’s AI feature pulled this response from a website called Little Old Lady Comedy, which, as its name makes […]

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ESA prepares for the post-ISS era, selects The Exploration Company, Thales Alenia to develop cargo spacecraft

The European Space Agency selected two companies on Wednesday to advance designs of a cargo spacecraft that could establish the continent’s first sovereign access to space.  The two awardees, major aerospace prime Thales Alenia Space and French startup The Exploration Company, will receive €25 million ($27 million) each to advance concepts for vehicles that can […]

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Canva launches a proper enterprise product — and they mean it this time

Back in 2019, Canva, the wildly successful design tool, introduced what the company was calling an enterprise product, but in reality it was more geared towards teams than fulfilling true enterprise requirements. On Thursday, the company changed that, announcing a new enterprise version that is truly geared towards the needs of larger organizations. That includes […]

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The U.S. government sues to break up Live Nation-Ticketmaster

The United States Department of Justice and 30 state attorneys general filed a lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, for alleged monopolistic practices. Live Nation and Ticketmaster merged in 2010, creating a dominant entertainment machine that controls the majority of ticket sales and venue bookings in the country. But Taylor Swift […]

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‘Pro-competition’ rules for Big Tech make it through UK’s pre-election wash-up

The UK will shortly get its own rulebook for Big Tech, after peers in the House of Lords agreed Thursday afternoon to pass the Digital Markets, Competition and Consumer bill (DMCC) — removing the last obstacle to the bill becoming law in the limited parliamentary time remaining for the government. The pro-competition reform, which has […]

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Spotify experiments with an AI DJ that speaks Spanish

Spotify’s addition of its AI DJ feature, which introduces personalized song selections to users, was the company’s first step into an AI future. Now, Spotify is developing an alternative version of that DJ that will speak Spanish. References to the new AI DJ were spotted in the app’s code by tech veteran and reverse engineer […]

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Bing’s API is down, taking Microsoft Copilot, DuckDuckGo and ChatGPT’s web search feature down too

Bing, Microsoft’s search engine, isn’t working properly right now. At first, we noticed it wasn’t possible to perform a web search at all. Now it seems search results are loading properly. But this outage also appears to still be affecting Bing’s application programming interface (API), which means that other services that rely on Bing aren’t […]


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Autonomous shipping startup Orca AI tops up with $23M led by OCV Partners and MizMaa Ventures

If you thought autonomous driving was just for cars, think again. The so-called ‘autonomous navigation’ market — where ships steer themselves guided by AI, resulting in fuel and time savings — is projected to grow from $4.46 billion in 2023 to $5.33B in 2024 alone.  Orca AI is a London-based startup that claims to have […]


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Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one

The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has become so difficult that even Valar Ventures, one of the VC firms he helped found, has raised a much smaller fund this year compared to previous ones.  Thiel set up […]


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Wednesday, May 22, 2024

Meet the Finnish biotech startup bringing a long lost mycoprotein to your plate

The best known mycoprotein is probably Quorn, a meat substitute that’s fast approaching its 40th birthday. But Finnish biotech startup Enifer is cooking up something even older: Its proprietary single-cell fungus-based protein, branded Pekilo, was originally developed in the 1960s and ’70s — by, of all things, the local paper industry. The focus back then […]

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Food supply chain software maker Silo lays off ~30% of staff amid M&A discussions

Silo, a Bay Area food supply chain startup, has hit a rough patch. TechCrunch has learned that the company on Tuesday laid off roughly 30% of its staff, or north of two dozen employees. Silo has confirmed the headcount reductions, clarifying the cuts were across the board and not focused on individual departments. Silo shared […]

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Hydrolix seeks to make storing log data faster and cheaper

In 2008, Marty Kagan, who’d previously worked at Cisco and Akamai, co-founded Cedexis, a (now-Cisco-owned) firm developing observability tech for content delivery networks. Fellow Cisco veteran Hasan Alayli joined Kagan at Cedexis in 2012 as a technical lead, and the two worked together for a number of years. As Cedexis grew and began collaborating with […]

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Boeing, NASA indefinitely delay crewed Starliner launch

If you’ve been looking forward to seeing Boeing’s Starliner capsule carry two astronauts to the International Space Station for the first time, you’ll have to wait a bit longer. The mission, which has already been beset by issues with both the rocket and helium tanks, is now delayed indefinitely, NASA said in a statement late […]

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Space VC closes $20M Fund II to back frontier tech founders from day zero

Gone are the days when space and defense were considered fundamentally antithetical to venture investment. Now, the country’s largest venture capital firms are throwing larger portions of their money behind so-called hard tech startups at the earliest stages. This about-face has led some in the industry to question whether smaller investing shops will be able […]

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Ore Energy emerges from stealth to build utility-scale batteries that last days, not hours

Where Aytac Yilmaz lives in the Netherlands, the sun might not appear for days on end, which can really crimp the output of the country’s solar panels. Wind turbines might make up some of the shortfall, but what if the wind disappears at the same time? Enter long-duration energy storage, or massive batteries tailored to […]


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Ore Energy emerges from stealth to build utility-scale batteries that last days, not hours

Where Aytac Yilmaz lives in the Netherlands, the sun might not appear for days on end, which can really crimp the output of the country’s solar panels. Wind turbines might make up some of the shortfall, but what if the wind disappears at the same time? Enter long-duration energy storage, or massive batteries tailored to […]

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Microsoft’s new ‘Volumetric Apps’ for Quest headsets extend Windows apps into the 3D space

Microsoft announced on Tuesday during its annual Build conference that it’s bringing “Windows Volumetric Apps” to Meta Quest headsets. The partnership will allow Microsoft to bring Windows 365 and local PC connectivity to Quest headsets, enabling developers to extend their apps into the 3D space. “We’re deepening our partnership with Meta to make Windows a […]


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Tuesday, May 21, 2024

Paytm counts costs of regulatory clampdown as losses swell

One 97 Communications, the parent company of India’s leading digital payments platform Paytm, reported a widening of its consolidated net loss to $66.1 million in the quarter ending March, compared to a loss of $20.11 million in the same quarter last year as it grappled with a regulatory clampdown. For the full fiscal year 2024, […]

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In Seoul summit, heads of states and companies commit to AI safety

Government officials and AI industry executives agreed on Tuesday to apply elementary safety measures in the fast-moving field, and establish an international safety research network. Nearly six months after the inaugural global summit on AI safety at Bletchley Park in England, Britain and South Korea are hosting the AI safety summit this week in Seoul. The […]

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Boost your startup’s growth with a ScaleUp package at TC Disrupt 2024

Hey there, Series A to B startups with $35 million or less in funding — we’ve got an exciting opportunity that’s tailor-made for your growth journey! If you’re looking to elevate your presence at TechCrunch Disrupt 2024 without breaking the bank, look no further than our ScaleUp Startups Exhibitor Program. Why should you consider ScaleUp […]


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As a U.S. ban looms, TikTok announces a $1M program for socially driven creators

TikTok is pulling out all the stops to prevent its impending ban in the United States. Aside from initiating legal challenges against the government, that means shaping up its public image. On Tuesday, the platform announced its TikTok Change Makers Program, which includes fifty global creators who “create a positive impact on and beyond the […]

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UK data protection watchdog ends privacy probe of Snap’s GenAI chatbot, but warns industry

The UK’s data protection watchdog has closed an almost year-long investigation of Snap’s AI chatbot, My AI — saying it’s satisfied the social media firm has addressed concerns about risks to children’s privacy. At the same time, the Information Commissioner’s Office (ICO) issued a general warning to industry to be proactive about assessing risks to […]

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Stack AI wants to make it easier to build AI-fueled workflows

Stack AI’s co-founders, Antoni Rosinol and Bernardo Aceituno, were PhD students at MIT wrapping up their degrees in 2022 just as large language models were becoming more mainstream. ChatGPT would be released to the world at the end of the year, but even before that, they recognized a problem inside companies putting data together with […]

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Contour Venture Partners, an early investor in Datadog and Movable Ink, lowers the target for its fifth fund

Longtime New York-based seed investor, Contour Venture Partners, is making progress on its latest flagship fund after lowering its target. The firm closed on $42 million, raised from 64 backers, for Contour Venture Partners Fund V, according to an SEC filing from May 17. The firm is targeting $70 million for its fifth flagship fund […]


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Monday, May 20, 2024

Zen Educate raises $37M and acquires Aquinas Education as it tries to address the teacher shortage

Zen Educate, an online marketplace that connects schools with teachers, has raised $37 million in a Series B round of funding. The raise comes amid a growing teacher shortage crisis both sides of the pond, with a recent report from ADP Research Institute noting that the global pandemic exacerbated the existing supply/demand imbalance due to […]

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Scarlett Johansson says that OpenAI approached her to use her voice

OpenAI is removing one of the voices used by ChatGPT. Users found that it sounded similar to Scarlett Johansson, the company announced on Monday, and Johansson herself released a statement saying she hired legal council to inquire about the Sky voice and get exact details about how it was developed. Sky is now being paused […]

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OpenAI is removing ChatGPT’s AI voice that sounds like Scarlett Johansson

OpenAI is removing one of the voices used by ChatGPT after users found that it sounded similar to Scarlett Johansson, the company announced on Monday. The voice, called Sky, is now being paused after OpenAI used it when demoing its new GPT-4o model last week. “We believe that AI voices should not deliberately mimic a […]

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TechCrunch Space: Star(side)liner

Hello and welcome back to TechCrunch Space. For those who haven’t heard, the first crewed launch of Boeing’s Starliner capsule has been pushed back yet again to no earlier than May 25. From NASA: “The additional time allows teams to further assess a small helium leak in the Boeing Starliner spacecraft’s service module traced to […]

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Jolla debuts privacy-focused AI hardware

Jolla has taken the official wraps off the first version of its personal server-based AI assistant in the making. The reborn startup is building a privacy-focused AI device — aka the Jolla Mind2, which TechCrunch exclusively revealed at MWC back in February. At a livestreamed launch event Monday, it also kicked off preorders, with the […]

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OpenAI to remove ChatGPT’s Scarlett Johansson-like voice

OpenAI is removing one of the voices used by ChatGPT after users found that it sounded similar to Scarlett Johansson, the company announced on Monday. The voice, called Sky, is now being paused after OpenAI used it when demoing its new GPT-4o model last week. “We believe that AI voices should not deliberately mimic a […]

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ChatGPT’s mobile app revenue saw biggest spike yet following GPT-4o launch

Consumer demand for the latest AI technology is heating up. The launch of OpenAI’s latest flagship model, GPT-4o, has now driven the company’s biggest-ever spike in revenue on mobile, despite the model being freely available on the web. GPT-4o, launched last Monday, can handle text, speech, and video, and delivers real-time responsiveness and a range […]

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OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage in finding that fit. Data shows that a lack of expertise and business acumen in founders contributes to failed VC investments. The same principle applies […]

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Sunday, May 19, 2024

UK opens office in San Francisco to tackle AI risk

Ahead of the AI safety summit kicking off in Seoul, South Korea later this week, its co-host the United Kingdom is expanding its own efforts in the field. The AI Safety Institute – a U.K. body set up in November 2023 with the ambitious goal of assessing and addressing risks in AI platforms – said […]

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Why companies are turning to internal hackathons

Companies are always looking for an edge, and searching for ways to encourage their employees to innovate. One way to do that is by running an internal hackathon around a theme and having employees attack a problem together. It not only brings in new ideas and new ways to solve problems for the company and […]


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Blue Origin successfully launches its first crewed mission since 2022

Blue Origin has successfully completed its NS-25 mission, resuming crewed flights for the first time in nearly two years. The mission brought six tourist crew members to the edge of space, including artist and former Air Force Captain Ed Dwight. In 1961, Dwight was selected by President John F. Kennedy to be the country’s first […]


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Hollywood agency CAA aims to help stars manage their own AI likenesses

Creative Artists Agency (CAA), one of the top entertainment and sports talent agencies, is hoping to be at the forefront of AI protection services for celebrities in Hollywood. With many stars having their digital likeness used without permission, CAA has built a virtual media storage system for A-list talent — actors, athletes, comedians, directors, musicians, […]


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Blue Origin successfully launches its first crewed mission since 2022

Blue Origin has successfully completed its NS-25 mission, resuming crewed flights for the first time in nearly two years. The mission brought six tourist crew members to the edge of space, including artist and former Air Force Captain Ed Dwight. In 1961, Dwight was selected by President John F. Kennedy to be the country’s first […]

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Hollywood agency CAA aims to help stars manage their own AI likenesses

Creative Artists Agency (CAA), one of the top entertainment and sports talent agencies, is hoping to be at the forefront of AI protection services for celebrities in Hollywood. With many stars having their digital likeness used without permission, CAA has built a virtual media storage system for A-list talent — actors, athletes, comedians, directors, musicians, […]

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This Week in AI: OpenAI moves away from safety

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. By the way, TechCrunch plans to launch an AI newsletter […]


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Saturday, May 18, 2024

OpenAI and Google lay out their competing AI visions

Welcome back to TechCrunch’s Week in Review. This week had two major events from OpenAI and Google. OpenAI’s spring update event saw the reveal of its new model, GPT-4o, which has voice and vision capabilities that can turn ChatGPT into a virtual assistant seemingly aspiring to be “Her.” Hot off OpenAI’s tail, Google’s I/O conference […]

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Expedia says two execs dismissed after ‘violation of company policy’

Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company. In a statement shared with Bloomberg and elsewhere, Expedia said Murthy and Rachamadugu are “no longer employed at Expedia Group” due to an unspecified “violation of […]

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VCs and the military are fueling self-driving startups that don’t need roads

A new crop of early-stage startups — along with some recent VC investments — illustrates a niche emerging in the autonomous vehicle technology sector. Unlike the companies bringing robotaxis to city streets, these startups are taking their tech off-road.  Two recent entrants — Seattle-based Overland AI and New Brunswick-based Potential — are poised to get […]

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Deal Dive: Sagetap looks to bring enterprise software sales into the 21st century

When the founders of Sagetap, Sahil Khanna and Kevin Hughes, started working at early-stage enterprise software startups, they were surprised to find that the companies they worked at were trying to sell their innovative tech through old-school methods like repeated cold emails and calls. Khanna, a former product marketer, and Hughes, a former sales manager, […]

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OpenAI created a team to control ‘superintelligent’ AI — then let it wither, source says

OpenAI’s Superalignment team, responsible for developing ways to govern and steer “superintelligent” AI systems, was promised 20% of the company’s compute resources, according to a person from that team. But requests for a fraction of that compute were often denied, blocking the team from doing their work. That issue, among others, pushed several team members […]


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Harness the TechCrunch Effect: Host a Side Event at Disrupt 2024

TechCrunch Disrupt 2024 is just around the corner, and the buzz is palpable. But what if we told you there’s a chance for you to not just attend, but also take your brand center stage with your own event during the most anticipated tech gathering of the year? Yes, you read that right — you […]


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Friday, May 17, 2024

Harness the TechCrunch Effect: Host a Side Event at Disrupt 2024

TechCrunch Disrupt 2024 is just around the corner, and the buzz is palpable. But what if we told you there’s a chance for you to not just attend, but also take your brand center stage with your own event during the most anticipated tech gathering of the year? Yes, you read that right — you […]

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Healthcare company WebTPA discloses breach affecting 2.5 million people

A Texas-based company that provides health insurances and benefit plans disclosed a data breach affecting almost 2.5 million people, some of whom had their Social Security number stolen. WebTPA said in a data breach notice published earlier this month that the company detected “evidence of suspicious activity” on December 28, 2023, which prompted the company […]

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Microsoft’s custom Cobalt chips will come to Azure next week

Microsoft will launch its custom Cobalt 100 chips to customers as a public preview at its Build conference next week, TechCrunch has learned. In an analyst briefing ahead of Build, Scott Guthrie, Microsoft’s executive VP of the Microsoft Cloud and AI group, directly compared Cobalt to AWS’s Graviton chips, which have been available to developers […]


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Sony Music warns tech companies over ‘unauthorized’ use of its content to train AI

Sony Music Group has sent letters to more than 700 tech companies and music streaming services to warn them not to use its music to train AI without explicit permission. The letter, which was obtained by TechCrunch, says Sony Music has “reason to believe” that the recipients of the letter “may already have made unauthorized […]


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Thursday, May 16, 2024

A US trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after the United States Trustee filed an emergency motion on Wednesday.  The trustee is asking to convert the company’s debt reorganization Chapter 11 bankruptcy Synapse into a liquidation Chapter 7, according to court documents. The trustee wrote that the need […]

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Seraphim’s latest space accelerator welcomes nine companies

U.K.-based Seraphim Space is spinning up its 13th accelerator program, with nine participating companies working on a range of tech from propulsion to in-space manufacturing and space situational awareness. The intense 12-week program is designed to get seed and Series A companies “investment ready,” the firm says, by providing specialist mentorship, networking opportunities and intensive […]

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OpenAI inks deal to train AI on Reddit data

OpenAI has reached a deal with Reddit to use the social news site’s data for training AI models. In a blog post on OpenAI’s press relations site, the company said that the Reddit partnership will provide it access to “real-time, structured and unique content” — e.g. posts and replies — from Reddit, allowing its tools […]

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Ireland privacy watchdog confirms Dell data breach investigation

A top European privacy watchdog is investigating following the recent breaches of Dell customers’ personal information, TechCrunch has learned.  Ireland’s Data Protection Commission (DPC) deputy commissioner Graham Doyle confirmed to TechCrunch that the DPC has received “a breach notification on this matter” — referring to Dell — which is “currently under assessment.” Asked to elaborate, […]

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Khosla Ventures, Pear VC triple down on Honey Homes, a smart way to hire a handyman

There’s apparently a lot of demand for an on-demand handyperson. Khosla Ventures and Pear VC have just tripled down on their investment in Honey Homes, which offers up a dedicated handyman to take care of all the random tasks on a homeowner’s to-do list. The company raised $9 million last June in a Series A […]

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Flock Safety’s solar-powered cameras could make surveilliance more widespread

Flock Safety is a multi-billion dollar startup that’s got eyes everywhere. As of Wednesday, with the company’s new Solar Condor cameras, those eyes are solar-powered and using wireless 5G networks to make them all that much easier to install. Adding solar power to the mix means that the company’s mission to blanket the country with […]

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Agora raises $34M Series B to keep building the Carta for real estate

Since he was very young, Bar Mor knew that he would inevitably do something with real estate. His family was involved in all types of real estate projects, from ground-up construction to managing residential, commercial and retail properties. But unlike his parents, Mor also had a passion for technology. His interest in tech was reinforced […]

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Google takes aim at Android malware with an AI-powered live threat detection service

Google is preparing to launch a new system to help address the problem of malware on Android. Its new live threat detection service leverages Google Play Protect’s on-device AI to analyze apps for malicious behavior. The service, announced following the Google I/O developer event on Tuesday, examines various signals related to an app’s use of […]


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Wednesday, May 15, 2024

Temu accused of breaching EU’s DSA in bundle of consumer complaints

Consumer protection groups around the European Union have filed coordinated complaints against Temu, accusing the Chinese-owned ultra low-cost e-commerce platform of a raft of breaches related to the bloc’s Digital Services Act (DSA). Temu only launched in the region about a year ago but recently reported blasting past 75 million monthly users. Penalties for confirmed […]

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Dietitian startup Fay has been booming from Ozempic patients and emerges from stealth with $25M from General Catalyst, Forerunner

For years, Sammy Faycurry has been hearing from his dietician mom and sister about how poorly many Americans eat and their struggles with delivering nutritional counseling. Although nearly half of all adults in the country are affected by chronic conditions linked to unhealthy diets, health plans have a limited number of in-network registered dieticians.  Faycurry […]

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Startup Blueprint: TC Disrupt 2024 Builders Stage agenda sneak peek!

TechCrunch Disrupt, our flagship startup event held annually in San Francisco, is back on October 28-30 — and you can expect a bustling crowd of thousands of startup enthusiasts. Exciting news! We’re thrilled to unveil the near-complete agenda for the Builders Stage, the culmination of months of hard work. This is just one of six […]

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Anthropic hires Instagram co-founder as head of product

Mike Krieger, one of the co-founders of Instagram and, more recently, the co-founder of personalized news app Artifact (which TechCrunch corporate parent Yahoo! recently acquired), is joining Anthropic as the company’s first chief product officer. As CPO, Krieger will oversee Anthropic’s product engineering, management and design efforts, Anthropic says, as the company works to expand […]

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