Saturday, August 31, 2024

Bolt reportedly threatens legal action against Silverbear Capital

In the latest twist in Bolt’s aggressive fundraising efforts, the fintech company’s CEO appears to have made a veiled threat of legal action against Silverbear Capital, the investment bank whose involvement in the deal remains in some dispute. “We believe there was some internal miscommunication at Silverbear Capital, one of our lead investors, which has […]

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Bluesky tops app charts and sees ‘all-time-highs’ after Brazil bans X

A Brazilian court’s decision to ban X (formerly Twitter) seems to benefiting its rivals, especially Bluesky. The microblogging platform announced late Friday that it was seeing “all-time-highs for activity” with 500,000 new users joining in the previous two days. It’s also number one on the free iPhone app chart in Brazil today, ranking just ahead […]

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Is OpenAI worth $100B?

OpenAI could reportedly increase its valuation to $100 billion. Nvidia and Apple are apparently in talks to contribute to the company’s next fundraising round, and Thrive Capital would lead the deal should it happen, according to The New York Times. OpenAI’s annualized revenue reportedly eclipsed $3.4 billion early this year, but it’s said to be […]

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Amazon hires the founders of AI robotics startup Covariant

Amazon announced Friday evening that it has hired Covariant’s founders — Pieter Abbeel, Peter Chen, and Rocky Duan — along with “about a quarter” of the startup’s employees. It’s also signed a non-exclusive license to use Covariant’s robotic foundation models. Earlier this year, Chen told TechCrunch that Covariant is building “a large language model, but […]

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Friday, August 30, 2024

Google rolls out safeguards for more of its AI products ahead of the US presidential election

Google is gearing up for the upcoming U.S. presidential election by rolling out safeguards for more of its generative AI products. Although the company already previously announced that it would restrict Gemini queries related to the election, it’s now applying additional restrictions to its other generative AI products. These safeguards will be applied to Search […]

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Hello Wonder is building an AI-powered browser for kids

Across the world, regulators have ramped up their efforts to try and increase the safety of kids on the internet. Major social networks are facing scrutiny, and as a countermeasure, trying to roll out tools to protect kids. The core issue in the focus is the content that shows up on children’s screens and how […]

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Thursday, August 29, 2024

Google is working on AI that can hear signs of sickness

Given everything you’ve already heard about AI, you may not be surprised to learn that Google is among other outfits beginning to use sound signals to predict early signs of disease.  How? According to Bloomberg, Google has trained its foundation AI model with 300 million pieces of audio that included coughs, sniffles, and labored breathing, […]

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Apple and Nvidia could be OpenAI’s next big investors

Nvidia and Apple are reportedly in talks to contribute to OpenAI’s next fundraising round — a round that could value the ChatGPT maker at $100 billion. Per its sources, the New York Times says earlier OpenAI investor Thrive Capital would lead the deal should it happen. (Bloomberg was the first to report Nvidia’s involvement, and […]

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Intuitive Machines wins $116.9M contract for a moon mission in 2027

Intuitive Machines, the venture-backed startup that went public last year, will send a moon lander to the lunar south pole in 2027 as part of a $116.9 million contract awarded by NASA on Thursday.  This is NASA’s tenth award under its Commercial Lunar Payload Services program; of these, four have gone to Intuitive Machines. The […]

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South Korean tech giant Naver launches crypto wallet in partnership with Chiliz

Many tech companies are expanding their reach into the web3 market, integrating blockchain and web3 technologies into their products and services. In the latest development, South Korean internet giant Naver is launching its first digital asset wallet, Naver Pay Wallet, for the Korean market. It is partnering with Chiliz, a blockchain provider for sports and […]

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After winning a landmark case against real estate agents, this startup aims to replace them with a flat fee

One of the people who successfully sued the National Association of Realtors (NAR) to change real estate commissions has co-founded a new real estate startup. It all began in 2017 when Josh Sitzer and his wife listed their home for sale in Kansas City. The couple was frustrated by the fact they had to pay […]

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Uber cozies up to more AV companies, Canoo loses another founder and Waymo sees potential in teen riders

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! The EV industry sure is rough and tumble these days. And it’s affecting every company, from the legacy automakers like Ford to the upstarts.  Take Polestar, for […]

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X caught blocking links to NPR, claiming the news site may be ‘unsafe’

X, the Elon Musk-owned platform formerly known as Twitter, is marking some links to news organization NPR’s website as “unsafe” when users click through to read the latest story about an altercation between a Trump campaign staffer and an Arlington National Cemetry employee. The warning being displayed is typically applied to malicious links, like those […]

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Flying through Sea-Tac’s hacked airport

Several days after the Port of Seattle announced a “possible” cyberattack on its systems, Sea-Tac Airport is still largely offline, causing chaos among travelers and acting as a standing warning against taking security lightly. Ask me how I know. The outage resulting from the recent hack has not, fortunately, caused planes to fall out of […]

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AI dominates India’s Reliance annual general meeting

Reliance Industries, India’s largest company by market capitalization, is not sitting out the AI frenzy that has gripped the tech world. At the company’s annual general meeting Thursday, Reliance chairman Mukesh Ambani made over 50 mentions of AI, detailing plans to integrate the technology across Reliance’s vast business empire. Reliance announced plans for large-scale AI-ready […]

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Wednesday, August 28, 2024

Apple introduces AI-powered object removal in photos with the latest iOS update

Apple released the new developer betas for iOS 18.1, iPadOS 18.1, and macOS 15.1 Sequoia. With this update, the company is launching new Apple Intelligence features, including the ability to remove objects from photos. The feature, called Clean Up, lets users identify and remove an object from the photo without affecting the picture. The system […]

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NEA quietly reenters the secondaries market

New Enterprise Associates (NEA) is getting back into the secondaries game.  The Silicon Valley-based VC raised more than $468 million for NEA Secondary Opportunity Fund, according to an SEC filing. The fundraise closed on July 3, according to a source familiar with the matter, but hasn’t received much attention. The fund raised capital from more […]

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One of Bolt’s proposed new backers, The London Fund, has been scrubbing its web page

One-click checkout tech company Bolt is still waiting to find out if shareholders will sign off on a proposed funding round with stipulations that founder Ryan Breslow would return as CEO. In the meantime, Axios’ Dan Primack did some digging around on The London Fund, a firm that is supposed to provide up to $250 million in “marketing credits” […]

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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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Google says it’s fixed Gemini’s people-generating feature

Back in February, Google paused its AI-powered chatbot Gemini’s ability to generate images of people after users complained of historical inaccuracies. Told to depict “a Roman legion,” for example, Gemini would show an anachronistic group of racially diverse soldiers while rendering “Zulu warriors” as stereotypically Black. Google CEO Sundar Pichai apologized, and Demis Hassabis, the co-founder of Google’s AI […]

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Calm’s new Story-like mindfulness exercises offer an alternative to social media

Calm is rolling out a suite of new features to make it easier for people to fit mindfulness into their lives. Most notably, the app is launching “Taptivities,” which are interactive text-based stories that take a minute or two to complete. The app is also adding Playlists and personalized search. While users tend to spend […]

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Brave lays off 27 employees

Web browser and search startup Brave has laid off 27 employees across the different departments, TechCrunch has learned. The company confirmed the layoffs but didn’t give more details about the total headcount left and the reason for the layoffs. It represents a significant portion of the company’s staff — PitchBook estimates that Brave has around […]


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Brave lays off 27 employees

Web browser and search startup Brave has laid off 27 employees across the different departments, TechCrunch has learned. The company confirmed the layoffs but didn’t give more details about the total headcount left and the reason for the layoffs. It represents a significant portion of the company’s staff — PitchBook estimates that Brave has around […]

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Just how much cash does Stripe have?

Welcome to TechCrunch Fintech! This week, we’re looking at the craziness that is Bolt’s proposed fundraise, how much money Synapse’s founder has raised for his new venture, just how much cash Stripe has and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 […]


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Tuesday, August 27, 2024

Zepto, snagging $1 billion in 90 days, projects 150% annual growth

Zepto co-founder Aadit Palicha told a group of analysts and investors on Tuesday that the Indian delivery startup anticipates growth of 150% in the next 12 months, a remarkable figure suggesting the fast-growing quick commerce market in India is showing no signs of slowing down. Palicha shared these insights during a call organized by an […]

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One busted valve led to the failure of Astrobotic’s $108M Peregrine lunar lander mission

Astrobotic’s Peregrine lunar lander failed to reach the moon because of a problem with a single valve in the propulsion system, according to a report on the mission released Tuesday. Company leadership said in a press conference that engineers have redesigned the valve and introduced additional redundancy into the propulsion system of its next lander, […]

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Lyft follows in Uber’s footsteps with a rider verification program

In an effort to improve its security measures, Lyft announced Tuesday a new rider verification pilot program to help drivers verify riders’ identities and ensure that they are indeed who they say they are.  Starting today, Lyft’s new program is rolling out to nine markets, including Atlanta, Chicago, Denver, Detroit, Houston, Jacksonville, Miami, Phoenix, and Seattle. The […]

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TechCrunch Minute: Boeing’s Starliner spacecraft is returning home empty

Astronauts Butch Wilmore and Suni Williams are stuck aboard the International Space Station (ISS) after their test flight on Boeing’s Starliner went awry. This weekend, NASA announced that these astronauts will remain aboard the ISS until February, when SpaceX’s Dragon will retrieve them as part of the crew-9 mission. Eight months is a long time […]

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Paris court explains why it’s arrested Telegram founder, Pavel Durov

When Pavel Durov, founder and CEO of messaging app Telegram, was arrested on August 24, French authorities did not respond to requests for comment. The secrecy of pre-trial investigations and inquiries is an important principle in the French judicial system. French television network TF1 reported that the main issues are Telegram’s (lack of) moderation processes […]

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Google’s AI overviews in Hindi need a quality upgrade

Given India’s language diversity, digital content companies already face a challenge in trying to show and translate content accurately. Google is facing a similar problem with AI overviews recently rolled out in the country. The company introduced Hindi support for AI overviews in the country earlier in August. Users in India can also switch between […]

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Apple will replace CFO Luca Maestri next year

Apple announced today that Chief Financial Officer Luca Maestri will step away from his executive role, effective January 1. Kevan Parekh, Apple’s current VP of Financial Planning, will be promoted to CFO after 11 years at Apple. Maestri has been CFO at Apple since 2014, and he’s now transitioning to a different role in the […]


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Anthropic publishes the ‘system prompts’ that make Claude tick

Generative AI models aren’t actually humanlike. They have no intelligence or personality — they’re simply statistical systems predicting the likeliest next words in a sentence. But like interns at a tyrannical workplace, they do follow instructions without complaint — including initial “system prompts” that prime the models with their basic qualities and what they should […]


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Durov arrest boosts Telegram app downloads

The arrest of Telegram founder and CEO Pavel Durov in France is starting to impact the app’s traction and ranking. On Saturday, the founder was arrested for allegedly allowing illegal activity to thrive on the social app by failing to moderate messages adequately, particularly in areas involving drug trafficking, money laundering and the distribution of […]


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Monday, August 26, 2024

Science-heavy Swiss VC firm Redalpine raises fresh $200M fund for early-stage investments

Many VC funds, especially recent vintages, have failed to return money to their investors. Swiss VC firm Redalpine is one exception, and this largely explains why its newly announced $200 million seventh early-stage fund was oversubscribed. Redalpine Capital VII, or RAC VII, is already well under way to back 15 to 20 European early-stage companies, […]

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Wait, what? Pavel Durov says he has fathered more than 100 children

Pavel Durov, the founder of the messaging platform Telegram, has been in the headlines since his arrest at a private airport near Paris on Saturday, reportedly in connection with an investigation into criminal activity on the his app. While many stories since have centered on free speech (i.e, should what happens on Telegram stay on […]

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Elon Musk unexpectedly offers support for California’s AI bill

Elon Musk has come out in support of California’s SB 1047, a bill that requires makers of very large AI models to create and document safeguards against those models causing serious harm. “This is a tough call and will make some people upset, but, all things considered, I think California should probably pass the SB […]

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OpenAI, Adobe, and Microsoft support California bill requiring watermarks on AI content

OpenAI, Adobe, and Microsoft have thrown their support behind a California bill requiring tech companies to label AI-generated content, according to letters from the companies viewed by TechCrunch. The bill is headed for a final vote in August. AB 3211 requires watermarks in the metadata of AI-generated photos, videos and audio clips. Lots of AI […]

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Polaris Dawn will push the limits of SpaceX’s human spaceflight program – here’s how to watch it launch live

After a nearly three-year interlude, Jared Isaacman is returning to space. The billionaire entrepreneur first went to orbit as part of the Inspiration4 mission, which made history for having a crew composed entirely of private citizens, not professional astronauts. But with this next mission, Polaris Dawn, he and mission partner SpaceX have set their sights […]

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TechCrunch Space: The Starliner saga comes to a close — for now

Hello and welcome back to TechCrunch Space. NASA leadership have made their decision: Starliner will be coming back to Earth — empty. More on that below. Want to reach out with a tip? Email Aria at aria.techcrunch@gmail.com or send a message on Signal at 512-937-3988. You also can send a note to the whole TechCrunch […]

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Care.com to pay customers $8.5M in FTC settlement for deceiving caregivers, families

The U.S. Federal Trade Commission (FTC) is requiring Care.com, a platform for gig workers in the elder-care and childcare space, to pay $8.5 million in refunds for deceiving caregivers who were looking for jobs, and making it difficult for families to cancel their paid memberships. The agency said on Monday that the company’s marketing messages […]

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Palico is now the first FINRA-approved company to facilitate online LP-led secondaries deals

Limited partners selling their investment stakes in venture capital funds to other LPs on the secondary market is nothing new. But traditionally these transactions happen offline through an opaque network of brokers that could charge costly fees and prove prohibitive for certain LPs to participate. Palico is looking to change that. Paris-based Palico quietly got […]

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Beam Mobility secretly deployed ‘phantom’ e-scooters in Australia and NZ to dodge fees and boost profits

Shared e-scooter startup Beam Mobility has placed hundreds of extra “phantom” scooters on city streets in Australia and New Zealand to avoid paying vehicle registration fees to local governments, according to a two-part report from The Australian. Cities place caps on the number of vehicles operators can deploy to avoid saturating streets and sidewalks with […]

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Uber fined $324M over EU driver data transfer breach

Ride-hailing platform Uber has been fined €290 million — around $324 million at current exchanges rates — by the Netherlands’ privacy watchdog for breaching the European Union’s General Data Protection Regulation (GDPR). The penalty is related to transfers of personal data of drivers out of the European Union to the US, where Uber’s main business […]

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Travly lets travelers submit videos for a chance to earn a 5% commission from hotel bookings

Travly is a new social-first discovery and hotel booking platform designed to cater to the growing number of travelers who rely on short-form video content for trip ideas.  The platform features user-generated content that provides authentic reviews of hotels instead of generic information and often outdated images. Creators who submit videos of hotels have the […]


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Sunday, August 25, 2024

Loft Orbital forms joint venture with UAE-based firm to scale satellite production in the Middle East

A holding company affiliated with an Emirati royal family is injecting a new joint venture between Abu Dhabi-based Marlan Space and startup Loft Orbital with over $100 million to grow the region’s domestic satellite manufacturing capabilities.  The joint venture, called Orbitworks, will be the first commercial firm in the United Arab Emirates to mass manufacture […]

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In 2024, it really is better to run a startup in San Francisco, according to data and founders who’ve relocated

San Francisco’s AI startup boom is so big, even international founders who don’t run AI startups are relocating there to help their companies grow, according to several founders who recently moved.  This is largely because the tech talent and investor money is still overwhelmingly concentrated there, according to new data that VC firm SignalFire exclusively […]

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Y Combinator backs its first defense startup, Ares Industries

Y Combinator’s first defense startup, Ares Industries, launched earlier this week. In a post on the YC website, the startup outlined a vision to build low-cost cruise missiles that will be compatible with existing launch platforms, saying it will “deliver the capabilities that the [Department of Defense] wants in a form factor that’s 10x smaller […]

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Telegram founder Pavel Durov arrested in France

Pavel Durov, founder and CEO of messaging app Telegram, was arrested on Saturday evening while leaving his private jet at France’s Le Bourget airport, as initially reported by French television network TF1. Durov’s arrest sparked widespread discussion and speculation on social media, including on Telegram itself, though news reports have been largely based on unnamed […]

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The Port of Seattle and Sea-Tac Airport say they’ve been hit by ‘possible cyberattack’

The Port of Seattle, which also operates the Seattle-Tacoma International Airport, said it was hit with a “possible cyberattack” that appeared to affect websites and phone systems. The port first noted the outages via social media on Saturday morning, with the airport then posting that it had “experienced certain system outages indicating a possible cyberattack.” […]

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Saturday, August 24, 2024

TPG nears $150M funding in India’s Eruditus at $2.3B valuation

Eruditus, an Indian edtech startup, is in advanced stages of talks to secure about $150 million in new funding, two sources familiar with the matter told TechCrunch, in what would be the largest fundraise by an Indian education firm in years. TPG, a major private equity player, is discussing to lead the investment round, the […]

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Telegram founder Pavel Durov reportedly arrested in France

Pavel Durov, founder and CEO of messaging app Telegram, was arrested on Saturday evening while leaving his private jet at France’s Bourget airport, according to French television network TF1. Neither Telegram nor a spokesperson for France’s national anti-fraud office ONAF immediately responded to a request for comment. According to TF1, Durov faced a warrant in […]

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Apple reportedly announcing iPhone 16 lineup and more on Sept. 10

Apple will be unveiling new products on September 10, with the announced phones going on sale on September 20, according to a report from Bloomberg’s Mark Gurman. That lineup will reportedly include the iPhone 16, with larger screens on the Pro models and a new button just for taking pictures. The phones should also support […]

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Starliner will return to Earth uncrewed, astronauts staying on ISS until February

Boeing’s Starliner mission is coming back to Earth — empty. After months of data analysis and internal deliberation, NASA leadership announced today that Starliner will be coming back to Earth in September, without a crew. Meanwhile, astronauts Butch Wilmore and Sunita Williams will remain on-board the International Space Station until February, when they will return […]

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Google just made a $250M deal with California to support journalism — here’s what it means

This week, Google joined a $250 million deal with the state of California to support California newsrooms. While the deal offers a much-needed cash infusion for an industry that’s seen crippling layoffs this year, the deal’s been criticized by some as a half-measure — and a cop-out. By agreeing to this deal, Google averts bills […]

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X shareholders as of June 2023 included funds tied to Bill Ackman, Binance, and Sean ‘Diddy’ Combs

A court order recently forced Elon Musk’s X to reveal its full list of shareholders, as of June 2023, to the public. Many of the recognizable tech industry names had already been reported as backers of Musk’s effort to buy the social media company then known as Twitter and take it private, inculding VC firms […]

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VCs are so eager for AI startups, they’re buying into each others’ SPVs at high prices

VCs are increasingly buying shares of late-stage startups on the secondary market as they try to get pieces of the hottest ones — especially AI companies. But they are also increasingly doing so through financial instruments called special purpose vehicles (SVPs). Some of those SPVs are becoming such hot commodities that they are commanding premium […]

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Threads confirms it is experimenting with ephemeral posts

Disappearing posts on social networks are handy if you have a habit of deleting them through third-party tools or the context of those posts is short-lived. Earlier this month, Threads said it is testing ephemeral posts only as an internal prototype. But now, the company told TechCrunch that it is testing posts that disappear within […]

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Canoo’s chief technology officer is out amid wider reorg

EV startup Canoo’s chief technology officer Sohel Merchant has left the company, two people familiar with his departure have told TechCrunch. Merchant was one of the members of Canoo’s founding team, who created the startup in late 2017. His departure from the company means that only one of those founding team members remains — chief […]


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Friday, August 23, 2024

‘Disappointed but not surprised’: Former employees speak on OpenAI’s opposition to SB 1047

Two former OpenAI researchers who resigned this year over safety concerns say they are disappointed but not surprised by OpenAI’s decision to oppose California’s bill to prevent AI disasters, SB 1047. Daniel Kokotajlo and William Saunders previously warned that OpenAI is in a “reckless” race for dominance. “Sam Altman, our former boss, has repeatedly called […]

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The VC quietly nabbing prized SF property is planning a ‘Y Combinator for restaurants’

Neil Mehta, the VC behind the acquisition of a string of properties on San Francisco’s tony Fillmore Street, made waves earlier this week for reportedly throwing long-established local restaurants to the curb to bring in more high-end retailers. The San Francisco Chronicle talked, for example, to the owner of Ten-Ichi, a neighborhood sushi restaurant for […]

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Colorful Capital will stop trying to raise for a fund

Colorful Capital, which launched in 2022 to focus on investing in LGBTQIA+-identifying founders, will end its attempts at raising a fund, according to an email seen by TechCrunch. It’s unclear if the firm is shutting down for good.  Colorful Capital’s co-founders, William Burckart and Megan Kashner, declined to comment.  A former employee who used to […]

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Andrew Ng steps back at Landing AI after announcing new fund

Andrew Ng is stepping down from his role as CEO at Landing AI, the computer vision platform he founded in 2017. Dan Maloney, formerly the COO, will take the reins as Ng transitions to Executive Chairmanm to “continue to help drive” the tech and collaborate on “key decisions.” Formerly of Google Brain, Coursera, and Baidu, […]

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Canoo’s chief technology officer is out amid wider reorg

EV startup Canoo’s chief technology officer Sohel Merchant has left the company, two people familiar with his departure have told TechCrunch. Merchant was one of the members of Canoo’s founding team, who created the startup in late 2017. His departure from the company means that only one of those founding team members remains — chief […]

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Boston Dynamics’ new electric Atlas can do push-ups

Until today, we’ve seen exactly 40 seconds of Boston Dynamics’ new electric Atlas in action. The Hyundai-owned robotics stalwart is very much still in the early stages of commercializing the biped for factory floors. For now, however, it’s doing the thing Boston Dynamics does second best after building robots: showing off in viral video form. […]


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AI sales rep startups are booming. So why are VCs wary?

When you really probe venture capitalists about investing in AI startups, they’ll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes.  But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs. […]


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Thursday, August 22, 2024

NASA to decide Saturday whether astronauts will ride Boeing’s Starliner home — or use SpaceX’s Dragon instead 

NASA officials will announce their final decision on Saturday as to whether two NASA astronauts will return to Earth on Boeing’s Starliner spacecraft or hitch a ride home with SpaceX instead — a decision that could have huge impact across the rapidly evolving space industry. Here’s the backstory. Boeing launched its first crewed Starliner mission […]

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DeepMind workers sign letter in protest of Google’s defense contracts

At least 200 workers at DeepMind, Google’s AI R&D division, are displeased with Google’s reported defense contracts — and according to Time, they circulated a letter internally back in May to say as much. The letter, dated May 16, says the undersigned are concerned by “Google’s contracts with military organizations,” citing articles about the tech […]

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Relive the Myspace days by adding a favorite song to your Instagram profile

A nod to the Myspace era, Instagram just launched a new feature that allows you to add music to your profile. The feature is in collaboration with singer Sabrina Carpenter, who released a teaser of her new song “Taste” on her Instagram profile ahead of her album release on Friday. To add a song to […]

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TechCrunch Minute: AI could help design and test F1 cars faster

Formula One teams are looking at a startup called BeyondMath to bring their car construction to the next level. BeyondMath is working in the field of computational fluid dynamics, which attempts to digitally model how an object moves through water or air. But that’s a lot easier said than done – even with excessive computing […]

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Under DMA probe, Apple tweaks design of EU browser choice screens, expands app default settings

Apple continues to adjust its approach to compliance with the European Union’s Digital Markets Act (DMA): Announcing another batch of changes Thursday, the iPhone maker showed off redesigned browser choice screens it said would be coming to iOS and iPadOS “later this year”, with version 18 of its mobile software platforms. The tweaked browser choice […]

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Opkey, an AI-based ERP testing platform, raises $47M

Companies are experimenting with services like ChatGPT to help workers write memos, answer questions, and much more, yet one of the clearest signs of how much traction AI is really getting in the world of enterprise IT is how often it figures in the more routine applications that organizations use. Today, a startup that exemplifies […]

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D-ID launches an AI video translation tool that includes voice cloning and lip sync

AI video creation platform D-ID is the latest company to ship a tool for translating videos into other languages using AI technologies. However, in this case, D-ID also clones the speaker’s voice and changes their lip movements to match the translated words as part of the AI editing process. The technology stems from D-ID’s earlier […]


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Wednesday, August 21, 2024

VC leading Bolt’s hoped-for $450M deal confirms he’s offering ‘marketing credits’

Ashesh Shah, the founder and CEO of The London Fund is, as you might imagine, bullish on Bolt. The London Fund is a UK venture firm with “over $1 billion in cash and assets” in AUM that is leading a proposed $450 million raise for Bolt, a one-click checkout startup that has been embroiled in […]

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This new accessible Xbox nunchuck controller has 3D-printable joystick parts

Microsoft demonstrated its leadership in accessible gaming hardware again on Wednesday with the announcement of a new one-handed joystick controller for Xbox and PC. The Xbox Adaptive Joystick works with the company’s already robust accessibility hardware stack, and even includes support for custom 3D-printed parts. The Adaptive series of devices and controllers has been around […]

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First look at the Startup Battlefield judges at TechCrunch Disrupt 2024

The Startup Battlefield is the crown jewel of Disrupt, and we can’t wait to see which of the thousands of applicants will be selected to pitch to panels of top-tier VCs at TechCrunch Disrupt 2024, taking place on October 28–30 in San Francisco. It’s always epic, and every contender is on the road to making a huge […]

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D-ID launches an AI video translation tool that includes voice cloning and lip sync

AI video creation platform D-ID is the latest company to ship a tool for translating videos into other languages using AI technologies. However, in this case, D-ID also clones the speaker’s voice and changes their lip movements to match the translated words as part of the AI editing process. The technology stems from D-ID’s earlier […]

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Bodies of Autonomy founder Mike Lynch and his daughter recovered from sunken Bayesian yacht

Grim news coming in from Sicily, Italy. Mike Lynch, the U.K. investor and founder of IT company Autonomy, has been identified as one of two bodies recovered from the Bayesian, the yacht that sunk off the coast of Sicily early Monday, according to several reports coming out of the country that cite the Chief of […]

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TechCrunch Minute: This startup wants to mine water on the moon

Meet Starpath, a startup that wants to make it possible for you to live on Mars one day.  Starpath is building robots that it hopes will be able to autonomously mine liquid oxygen from the moon. That liquid oxygen can then be used to develop fuel for spacecrafts, which could make it possible for humans […]

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India’s trade minister decries e-commerce growth, Amazon’s ‘predatory’ pricing

India’s commerce minister Piyush Goyal on Wednesday expressed concern over the rapid growth of e-commerce in the country, warning of potential disruption to small retailers. Speaking at the launch of a report on the impact of e-commerce on employment and consumer welfare in India, Goyal said the projected dominance of online marketplaces in the coming […]


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India’s trade minister decries e-commerce growth, Amazon’s ‘predatory’ pricing

India’s commerce minister Piyush Goyal on Wednesday expressed concern over the rapid growth of e-commerce in the country, warning of potential disruption to small retailers. Speaking at the launch of a report on the impact of e-commerce on employment and consumer welfare in India, Goyal said the projected dominance of online marketplaces in the coming […]

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Fintech shutdowns, Klarna’s move into banking and which companies are hiring

Welcome to TechCrunch Fintech! This week, we’re looking at the respective demise of Tally and Score, plus examining Klarna’s latest business move. We also have a list of fintech companies that are looking to add headcount. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at […]


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Tuesday, August 20, 2024

SleekFlow snaps up $7M to tap the conversational AI opportunity across Asia  

SleekFlow, a Singapore- and Hong Kong-headquartered social commerce platform that has built a conversational AI suite for customer engagement targeted to Asian markets, said Wednesday it had secured a further $7 million in funding. The money will be used to continue developing its AI, as well as penetrate deeper into Southeast Asia and the Middle […]

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The banks that loaned Musk $13B to buy Twitter might be having regrets

X, the social network formerly known as Twitter, looks like a pretty bad investment right about now. As readers might recall, billionaire Elon Musk borrowed $13 billion from Morgan Stanley, Bank of America and five other major banks to help finance the $44 billion acquisition of Twitter, as it was then called. According to the […]

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OpenAI signs deal to train on Condé Nast content, surface stories in ChatGPT

OpenAI has inked a deal with Condé Nast, the publisher of storied outlets such as The New Yorker, Vogue, Vanity Fair, Bon Appétit and Wired, to surface stories from Condé Nast properties in OpenAI’s AI-powered chatbot platform ChatGPT and its search prototype SearchGPT. The specific terms of the partnership weren’t disclosed. But in a memo […]

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Fintech shutdowns, Klarna’s move into banking and which companies are hiring

Welcome to TechCrunch Fintech! This week, we’re looking at the respective demise of Tally and Score, plus examining Klarna’s latest business move. We also have a list of fintech companies that are looking to add headcount. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at […]

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YouTube takes on TikTok Shop with expanded Shopify partnership

As TikTok Shop gains traction, YouTube is expanding its partnership with Shopify to onboard more brands for its YouTube Shopping affiliate program, the company announced on Tuesday. The expanded partnership means creators will get access to thousands of new brands to tag in their shopping videos, marking a significant increase from the few hundred brands […]

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TechCrunch Minute: Ikea is expanding its fleet of inventory drones

If you went 20 years into the past and asked someone what we’d be using drones for now, they’d probably guess that we’d be getting our packages airlifted from across the country directly to our doorstep… but as it turns out, that isn’t very realistic (and honestly, ground shipping is fine). That doesn’t mean drones […]

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US tech giants fight Indian telcos’ bid to regulate internet services

Global technology giants are pushing back against attempts by India’s telecom networks to bring internet services under stricter regulation, rejecting arguments that such measures are necessary to create a “level playing field” and address national security concerns. The Asia Internet Coalition (AIC), a powerful industry body that represents Amazon, Apple, Google, Meta, Microsoft, Netflix and […]

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Mike Lynch, recently acquitted in HP-Autonomy fraud case, is missing after yacht capsized off Sicily

Update: Authorities have yet to access the inside of the sunken yacht, and Mike Lynch is still classified as missing. Other details have emerged in the interim. The accident appears to have been caused by a major storm and a resulting tornado-like water column that ensnared and damaged the yacht. Among the other six people […]

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Monday, August 19, 2024

Demand for AI is driving data center water consumption sky high

The AI boom is fueling the demand for data centers and, in turn, driving up water consumption. (Water is used to cool the computing equipment inside data centers.) According to FT, in Virginia — home to the world’s largest concentration of data centers — water usage jumped by almost two-thirds between 2019 and 2023, from […]

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What margins? AI’s business model is changing fast, says Cohere founder

OpenAI and Anthropic spend billions of dollars a year training models like GPT-4 and Claude, but competitive price dumping is making the business around these platforms rather precarious. Aidan Gomez, CEO of competing AI provider Cohere, says that selling access to models is quickly becoming a “zero margin business” in a podcast appearance on Monday. […]

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TechCrunch Space: Spending less

Hello, and welcome back to TechCrunch Space. Did you hear? Bridgit Mendler will be joining me onstage at this year’s TechCrunch Disrupt to talk all things ground stations. She’s just one of the incredible space industry entrepreneurs who will be coming this year. Find out more information here. October 28-30 — see you there! Want […]

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Apple Podcasts launches on the web

Apple announced on Monday that Apple Podcasts is now available on all major web browsers (Chrome, Edge, Firefox, and Safari) in over 170 countries.   The new dedicated web experience aims to make it easier for anyone with a web browser on any device to access podcasts. Web listening has been available for some time, however, […]

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From a $2.5 million hyper car to a Spanish track-ready EV, here were the most interesting EVs at Monterey Car Week

Historic vehicles, flowing champagne and fashion have dominated the events at Monterey Car Week for decades now. But a change is afoot: EVs, tech-centric vehicles, startups and a heavy dose of Silicon Valley’s software developers and founders added to the scenery this year.  Even the Pebble Beach Concours d’Elegance seemed more youthful and modern — […]

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TechCrunch Minute: Epic Games brings its app store to mobile

The Epic Games Store was already available on PC and Mac, but now it’s launching for Android owners worldwide, and for iOS users in Europe. This might (might) be the beginning of a broader shift in how apps get distributed, particularly on iPhones, leading to a future where you have a variety of app stores […]

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Amazon considers moving Amazon Pay into a standalone app in India

Amazon is considering shifting its payments offerings in India into a standalone app, three sources familiar with the matter told TechCrunch, as the e-commerce giant aims to boost usage of Amazon Pay in the country. Amazon Pay is currently housed within the company’s primary e-commerce app in India, and lets users transfer money to individuals […]

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South Korea’s AI textbook program faces skepticism from parents

Some parents have reservations about the South Korean government’s plans to bring tablets with AI-powered textbooks into classrooms, according to a report in The Financial Times. The tablets are scheduled to be introduced next year, and by 2028, teachers are supposed to be using these AI textbooks for all subjects except music, art, physical education, […]


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Sunday, August 18, 2024

Digitally resurrecting actors is still a terrible idea

This post contains spoilers for the movie “Alien: Romulus” In the long-running Alien movie franchise, the Weyland-Yutani Corporation can’t seem to let go of a terrible idea: It keeps trying to make a profit from the deadly xenomorph. No matter how many times they fail, and how many people die in the process, whenever the […]

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With the Polestar 3 now “weeks” away, its CEO looks to make company “self-sustaining”

Thomas Ingenlath is having perhaps a little too much fun in his Polestar 3, silently rocketing away from stop signs and swinging through tightening bends, grinning like a man far younger than his 59 years of age. “You really can push this car,” the Polestar CEO says as he cruises the roads alongside other enthusiasts […]

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Saturday, August 17, 2024

Nancy Pelosi criticizes California AI bill as ‘ill-informed’

Congresswoman Nancy Pelosi issued a statement late yesterday laying out her opposition to SB 1047, a California bill that seeks to regulate AI. “The view of many of us in Congress is that SB 1047 is well-intentioned but ill-informed,” Pelosi said. She noted that other congresspeople from the Bay Area — Zoe Lofgren, Anna Eshoo, […]

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Palantir CEO Alex Karp is ‘not going to apologize’ for military work

Data analytics company Palantir has faced criticism and even protests over its work with the military, police, and U.S. Immigrations and Customs Enforcement, but co-founder and CEO Alex Karp isn’t interested in “the apology show.” In a lengthy New York Times profile, Karp told Maureen Dowd that the company has a “a consistently pro-Western view” […]

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Why Porsche NA CEO Timo Resch is betting on ‘choice’ to survive the turbulent EV market

Timo Resch is basking in the sun. That’s literally true, as we spoke on a gloriously clear California day at the Quail, one of Monterey Car Week’s most prestigious events. But it’s figuratively true as well, as Resch, who took the CEO role at Porsche Cars North America (PCNA) last November, is in a very […]

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Google takes on OpenAI with Gemini Live

Made by Google was this week, featuring a full range of reveals from Google’s biggest hardware event. Google unveiled its new lineup of Pixel 9 phones, including the $1,799 Pixel 9 Fold Pro; advanced AI-powered photo-editing tools; and the new Pixel Buds Pro 2, which are infused with Gemini AI. The company also announced Gemini […]

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OpenAI’s new voice mode let me talk with my phone, not to it

I’ve been playing around with OpenAI’s Advanced Voice Mode for the last week, and it’s the most convincing taste I’ve had of an AI-powered future yet. This week, my phone laughed at jokes, made them back to me, asked me how my day was, and told me it’s having “a great time.” I was talking […]

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X says it’s closing operations in Brazil

X, the social media platform formerly known as Twitter, said today that it’s ending operations in Brazil, although the service will remain available to users in the country. The announcement comes during a legal battle with Brazil’s Supreme Court Justice Alexandre de Moraes, who sought to block certain accounts on X as part of an […]

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Ikea expands its inventory drone fleet

One of the biggest questions looming over the drone space is how to best use the tech. Inspection has become a key driver, as the autonomous copters are deployed to dangerous or remote spaces like power plants and oil rigs. Inventory drones are a promising subset of the category that has emerged in recent years. […]

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TechCrunch Minute: Lockheed Martin rescues satellite manufacturer Terran Orbital

Lockheed Martin is acquiring satellite manufacturer Terran Orbital, taking the smaller company private and potentially rescuing it from running out of cash while facing serious debt. Although Terran Orbital itself wasn’t founded until 2013, its history goes back to the late ’90s, to the development of the CubeSat, which became the flagship in a new […]


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African e-commerce company Jumia completes sale of secondary shares at $99.6M

Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American depositary shares (ADSs) and raise more than $100 million, given its share price of around $5.70 at the time. The e-tailer has now completed the at-the-market transaction offering of 20,227,736 ADSs. Jumia sold the shares at an […]


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Friday, August 16, 2024

Apple reportedly has ‘several hundred’ working on a robot arm with attached iPad

Apple is reportedly shifting into the world of home robots after the wheels came off its electric car. According to a new report from Bloomberg, a team of several hundred is working on its potential first product: a robotic arm with an “iPad-like” display attached. The home product would take a page out of Amazon’s […]

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Rimac squeezes more power into its new all-electric hypercar Nevera R. And it only starts at $2.5 million

Rimac revealed Friday during The Quail, a Motorsports Gathering at Monterey Car Week the Nevera R, an all-electric hypercar that’s meant to push the performance bounds of its predecessor.

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A hellish new AI threat: ‘Undressing’ sites targeted by SF authorities

While the ethics of AI-generated porn are still under debate, using the technology to create nonconsensual sexual imagery of people is, I think we can all agree, reprehensible. One such method is “undressing” sites, which take a normal, clothed photo of a person and generate a fake nude version from it. As you might imagine, […]

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TechCrunch Minute: Lockheed Martin rescues satellite manufacturer Terran Orbital

Lockheed Martin is acquiring satellite manufacturer Terran Orbital, taking the smaller company private and potentially rescuing it from running out of cash while facing of serious debt. Although Terran Orbital itself wasn’t founded until 2013, its history goes back to the late ’90s, to the development of the CubeSat, which became the flagship in a […]

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Meta draws fresh questions from EU over its CrowdTangle shut-down

The Commission is seeking more information from Meta following its decision to deprecate its CrowdTangle transparency tool. The latest EU request for information (RFI) on Meta has been made under the bloc’s Digital Services Act (DSA) — an online governance framework which empowers enforcers to punish non-compliance with fines of up to 6% of global […]

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What is Instagram’s Threads app? All your questions answered

In the last few months, Twitter alternatives — new and old — have found an audience willing to try out a new text-based social network. Mastodon, Bluesky, Spill and T2 are some of the social media platforms people are trying out. Now, Meta has stepped into the game with a big launch tied to Instagram. […]

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UK neobank Revolut valued at $45B after secondary market sale

Revolut has confirmed a new valuation of $45 billion via a secondary market share sale, shortly after the U.K.-based neobank secured its own banking license in the U.K. and in Mexico. The news positions Revolut as one of Europe’s most valuable private tech companies. Founded out of London in 2015, Revolut is one of numerous […]

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Thursday, August 15, 2024

Ben Horowitz Declares War on Michael Moritz

A social media spat between billionaire tech investors is raising questions about the journalistic independence of three-year-old news outfit SF Standard, after a reporter representing the outlet reached out to sources for a story about VC Ben Horowitz and his wife Felicia. The Standard’s sole backer is another longtime VC, Michael Moritz, and on Thursday […]

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