Saturday, November 30, 2024

Bluesky promises more verification and an ‘aggressive’ approach to impersonation

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As more celebrities and popular influencers join Bluesky, the fast-growing social media service has been facing more concerns around impersonation and verified identity. The Bluesky Safety team posted Friday that the company has updated its impersonation policy to be “more aggressive,” adding that “impersonation and handle-squatting accounts will be removed.” The company said it should […]

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Elon Musk files for injunction to halt OpenAI’s transition to a for-profit

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Attorneys for tech billionaire Elon Musk have filed for a preliminary injunction against OpenAI, several of its co-founders, and its investor and close collaborator, Microsoft, to prevent OpenAI and other named defendants from engaging in what Musk’s counsel claims is anticompetitive behavior. The motion for an injunction, which was filed late on Friday in the […]

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Why Olympic champion cyclist Sir Chris Hoy is backing Skarper to make any bike an e-bike

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As one of the most decorated track cyclists of all time, Sir Chris Hoy might not seem an obvious candidate to back the burgeoning electric bike movement. The common refrain, after all, is that e-bikes aren’t real bikes. However, the six-time Olympic gold medalist has done exactly that, investing in a fledgling U.K. startup that […]

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Climate VCs are cautiously optimistic about a second Trump term — here’s why

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President-elect Donald Trump made no secret during his campaigning that he doesn’t think the U.S. should take an aggressive stance on climate change. From leading chants of “drill, baby, drill” to frequently criticizing everything from wind turbines to electric vehicles, he appears poised to cast a shadow over the climate tech sector for the next […]

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Black Friday hits a record $74.4B in sales online, up 5% on last year

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The momentum of Thanksgiving — which saw consumers spend a record $33.6 billion spent globally online on the day — looks like it continued into Black Friday, with a bang. Adobe said that in the U.S., consumers made a record-breaking $10.8 billion of purchases, up 10.2% on last year. Meanwhile, Salesforce is giving a much […]

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Joco almost died at launch. Now, it’s a lifeline for e-bike delivery riders — and a profitable business

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On a September morning in 2024, two Jonathan Cohens — one from the Rockaways in Queens, the other from London — stood in an empty 15,000-square-foot parking garage near Hudson Yards in New York City. As they walked over chipped yellow lines, they explained how the space would help Joco, their shared e-bike startup for […]

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ASL Aspire wants to gamify STEM education for deaf kids

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Poor literacy skills have plagued the deaf and hard of hearing community for decades. The median literacy rates of deaf high school graduates have languished at a fourth-grade level since the turn of the 20th century, according to the National Center for Special Education Research. Bringing STEM concepts into the mix — the vocabulary for […]

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Learn how to use Apple Intelligence’s ‘Image Playground’

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Apple just released iOS 18.1.1, but it’s iOS 18.2 that will come with exciting image generation features, such as “Image Playground,” Apple’s image creation feature that creates cartoon-like images from text descriptions. Here’s what you need to know about the Apple Intelligence feature, including what it is, how to use it, and when it launches. […]

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Sequoia nears first Asia-Pacific deal since regional split

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Sequoia is closing in on making its first deal in India and the broader Asia Pacific region since its split with former partners, according to four sources familiar with the matter. The investor, one of the world’s largest venture capital firms, is in advanced talks to back Vance, a Bengaluru-based cross-border payments startup, the sources […]

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Indoor climbing tracking startup, Lizcore, sharpens its focus on safety as it pulls in pre-seed

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Indoor climbing is a tricky sport to track. That’s why Spanish startup Lizcore caught TechCrunch’s eye at MWC earlier this year. The team of two co-founders — led by CEO Edgar Casanovas Lorente, a climbing instructor and guide turned entrepreneur — were showing off hardware they hope will see climbing gyms ushering in the kind of social gamification […]

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These alternatives to popular apps can help reclaim your online life from billionaires and surveillance

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Not every app or service wants to monetize your personal data. Here are some of our favorite alternatives to popular apps.

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As Cohere and Writer mine the ‘Live AI’ arena, Pathway joins the pack with a $10M round

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As large enterprises grapple with how to incorporate AI into their platforms and processes, they have encountered a problem: Generative AI needs to have memory and its training data must be constantly updated for it to have any practical use. This area is now called ‘Live AI’ and a number of startups are working in […]

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Reddit looks to UK, India, Brazil and the Philippines to spur international growth

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Reddit is concentrating on international markets such as the U.K., India, Brazil, and the Philippines to bolster its user base.

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Zomato raises $1 billion in first major fundraise since 2021 listing

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Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise since its 2021 IPO. The food delivery and quick-commerce giant issued approximately 336.5 million shares at ₹252.62 each ($3), according to a stock exchange filing on Friday. The placement, which opened on November 25 and closed on November 28, […]

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Early Thanksgiving online sales numbers are up 7% YoY to $15.6B, on par with pre-pandemic trends

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Thanksgiving weekend has long been seen as the traditional start to the most important sales period for retailers, and so far, the indication is that we’re in for a strong holiday season for e-commerce. Salesforce is tracking activity in real time and has just put out its first figures for the day. It says that […]

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Akhetonics gets fresh funding for a contrarian bet on all-optical chips

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Photonics — a field that underpins light-based systems for manipulating data — has a bright future, as the rise of AI demands better computing performance, but it has yet to be fully applied to a new generation of chips. German startup Akhetonics hopes to change that. It’s raised a €6 million seed funding round (approximately […]

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French court blocks popular porn site… subdomain

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When the Paris Court of Appeal recently blocked four porn sites in France for not having a proper age verification system, the two online child protection nonprofits that had pushed for the blocks probably thought they’d scored a big victory. But, in one case, it turned out to be a bit of a self-own. As […]

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Linkup connects LLMs with premium content sources (legally)

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If you’ve used ChatGPT Search or Perplexity you know that being able to search the web and get citations inline greatly improves these AI chatbots. Results are better when they involve timely information, and web search may reduce so-called hallucinations (i.e. when a generative AI outputs incorrect information). That’s why French startup Linkup is building […]

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AI agent startup /dev/agents has raised a massive $56M seed round at a $500M valuation

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/dev/agents, a new company by the developers of Android, believes a new operating system is needed to fully realize the potential of AI agents.

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Australia approves law banning social media for under 16s

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In a step likely to be tracked around the world, Australia has approved legislation that will ban the use of social media for children under 16. The bill was only introduced about a week ago but had backing from the main conservative opposition party as well as the centre-left government over concerns the tech services […]

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Financial inclusion drives African fintech M-KOPA to $400M in ARR

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An African fintech that has grown on the strength of a 30,000-strong team of direct salespeople is moving into profit country by sub-Saharan country. Now, M-KOPA, the pay-as-you-go asset financing platform serving 5 million underbanked Africans, is racing toward a major milestone: surpassing an annual revenue rate of $400 million by year-end. The London-headquartered fintech […]

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Google Chat now has its own take on Slack’s Huddles

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Google Chat is rolling out instant voice meetings — similar to Slack’s Huddles — that let you quickly switch to a voice or video call from within a chat. Google is not giving the feature a new name, though, opting to call the feature “Huddles” as well. If you are in a Google Chat, you […]

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HongShan, spun out of Sequoia last year, is reportedly struggling to invest its huge war chest

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According to the Financial Times, HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023, is aggressively expanding into Europe and North Asia owing both to “shrinking options” in China and to limited partners that have grown frustrated with how slowly HongShan is deploying the $9 billion in capital commitments it secured two […]

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India, already an IPO bright spot, prepares for bigger surge in 2025

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India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech listings while other major markets face continued headwinds. The world’s most populous nation is now preparing for an even more substantial wave of startup IPOs in 2025. More than 20 startups are preparing to […]

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FTC reportedly opens antitrust investigation into Microsoft

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The FTC has launched an antitrust investigation into Microsoft, according to multiple reports that corroborate earlier reporting by the Financial Times. The agency is said to be looking into whether Microsoft violated antitrust law in multiple segments of its business, including its public cloud, AI, and cybersecurity product lines. Of particular interest to the FTC […]

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Time spent online by adults in the UK jumped by nearly an hour in 2024 says Ofcom

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Adults are spending an average of 4 hours and 20 minutes each day online across smartphones, tablets and computers in the U.K., according to figures from Ofcom’s annual Online Nation report diving into consumer digital habits. The figure is a big jump compared to 2023, when adults over 18 spent an average of 3 hours […]

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Uber’s subscription service reportedly target of FTC probe

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The Federal Trade Commission is investigating Uber over whether it broke consumer protection laws by allegedly automatically signing people up for its Uber One subscription service and making it hard to cancel, according to Bloomberg News. The investigation was opened earlier this year after the FTC received customer complaints. Uber told Bloomberg that its cancellation […]

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OpenAI moves to trademark its ‘reasoning’ models

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OpenAI has filed a trademark application for its latest AI model, o1, as the firm moves to shield its IP. On Tuesday, OpenAI submitted paperwork to the U.S. Patent and Trademark Office (USPTO) to register the trademark “OpenAI o1.” Interestingly, the documents reveal that OpenAI filed for a foreign trademark application in Jamaica in May, […]

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ElevenLabs’ new feature is a NotebookLM competitor for creating GenAI podcasts

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Voice AI startup ElevenLabs on Wednesday introduced a feature that lets you upload different types of content to create a multi-speaker podcast for you, similar to Google’s NotebookLM. The feature, called GenFM, can be found on the company’s ElevenLabs Reader iOS app. Currently, GenFM supports 32 languages, including English, Hindi, Portuguese, Chinese, Spanish, French, German, […]

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TuSimple co-founder demands liquidation, sues company for control of his shares

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Xiaodi Hou, the co-founder and former CEO of self-driving truck startup TuSimple, is demanding that the board immediately liquidate the company and return all remaining funds – roughly $450 million – to shareholders “on a pure pro-rata basis, regardless of share class,” according to a letter that TechCrunch has viewed. Hou is also suing TuSimple […]

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Pony AI set for Nasdaq debut at $4.55B valuation

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The Chinese autonomous driving tech company will go public on the U.S. markets at $13 per share.

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TikTok will restrict some beauty filters for under-18s

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TikTok is now the go-to social network for more than a billion users, bringing it to the attention of 14 U.S. attorneys general, who recently announced they were suing the company over its negative impact on minors’ mental health, as well as for harvesting their data. A subsequent report indicated that the company’s own research […]

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Raspberry Pi launches Compute Module 5 for embedded apps

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Raspberry Pi is better known for its single-board computer with a ton of ports sticking out. The most recent of which is the Raspberry Pi 5, which was introduced in September 2023. These small computers are perfect for the education market and for tech enthusiasts looking for a cheap computing device to power an interactive […]

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Ai2 releases new language models competitive with Meta’s Llama

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There’s a new AI model family on the block, and it’s one of the few that can be reproduced from scratch. On Tuesday, Ai2, the nonprofit AI research organization founded by the late Paul Allen, released OLMo 2, the second family of models in its OLMo series. (OLMo’s short for “Open Language Model.”) While there’s […]

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Eyewa now has 150 stores selling eyeglasses in the Mideast, and just raised $100M to add 100 more

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Helping consumers find the perfect glasses is a booming global business, spawning giants like Warby Parker in the U.S. and Lenskart in India. In the Middle East, this market is producing its own rising powerhouse: Eyewa. Eyewa, based in Dubai and Riyadh, sells a wide range of eyewear products, including prescription glasses, sunglasses, blue light […]

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Roblox starts offering 25% more game currency for web purchases

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As scrutiny around Apple and Google’s app store fees tightens around the world, gaming platform Roblox has now started to offer an additional 25% game currency Robux for purchases on the web and gift cards as compared to mobile platforms. In essence, the company is encouraging users to purchase Robux from the web to avoid […]

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Figure 02 performing tasks autonomously

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Robotics startup Figure released a video update showcasing their Figure 02 humanoid robot autonomously performing tasks at HQ for a BMW use case.

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Trump considers naming an ‘AI czar’

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Incoming president Donald Trump is considering naming an “AI czar” in the White House, Axios reports. Should Trump appoint such a policy person, they’d be charged with helping to coordinate federal regulation and governmental use of AI. Importantly, an AI czar wouldn’t require Senate confirmation, Axios notes — allowing them to get to work on […]

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Elon Musk wants to block the transfer of InfoWars’ X accounts to The Onion

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The Onion, a satirical publication, won a bankruptcy auction earlier this month to purchase conspiracy theorist Alex Jones’ website, InfoWars, and other related assets. However, that sale is now in limbo after a federal judge temporarily halted the deal. On Monday, Elon Musk threw yet another wrench in the works, objecting to the transfer of […]

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SpaceX gets FCC green light for Starlink direct-to-phone deal with T-Mobile

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The FCC has granted SpaceX permission to go forward with plans to offer a direct-to-phone version of its Starlink satellite internet service, with T-Mobile as its provider and a few provisos in place. The proposal dates to summer 2022, when SpaceX and T-Mobile first announced that they were pursuing the ability for the mobile provider’s […]

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OpenAI’s Sora appears to have leaked

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A group appears to have leaked access to Sora, OpenAI’s video generator, in protest of what they’re calling duplicity and “art washing” on OpenAI’s part. On Tuesday, the group published a project on the AI dev platform Hugging Face seemingly connected to OpenAI’s Sora API, which isn’t yet publicly available. Using their authentication tokens — […]

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Amazon Japan raided by anti-monopoly authorities

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Amazon Japan has said it will collaborate with Japan’s Fair Trade Commission (JFTC) after the watchdog conducted an on-site inspection related to suspected violations of anti-monopoly laws. The e-commerce giant is under suspicion of inappropriately urging vendors to lower their prices on its online shopping platform in return for better product placement, as first reported […]

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Cleo Capital launches cybersecurity accelerator to help undo the ‘crushing burden’ of online threats

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Cleo Capital, the early-stage venture fund that counts the AI firm Groq, fintech company Ellevest, and fashion brand Hill House as investments, has announced the launch of a new cybersecurity accelerator. The program is looking for pre-seed and seed companies from all around the world. The accelerator is a remote, 12-week program, with a standard […]

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Intel and Biden Administration finalize $7.86B deal to fund domestic chip manufacturing

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The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing. The figure is notably lower than the potential highest figure announced back in March, when […]

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AI helps India’s Meesho cut customer call costs by 75%

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Softbank-backed Meesho has rolled out what it claims to be India’s first generative AI-powered voice bot among e-commerce firms for customer support, paring down some expenses by 75%. The Bengaluru-based e-commerce startup, which serves 160 million customers in India, said Tuesday its AI bot currently handles 60,000 customer calls daily in English and Hindi. The […]

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EV charging platform Ampeco raise $26M Series B, as demand for charging soars

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We last covered EV charging platform Ampeco in 2023 when it raised a Series A round of $13 million. Today it’s raised $26 million in a Series B funding led by Revaia, a growth equity investment fund. That takes its total funding to $42 million. Many EV charging systems are end-to-end solutions which makes them […]

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Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly

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Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. This is where Cambridge University spin-out Molyon hopes to come in: the U.K. startup is developing next-gen […]

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Cradle builds out its protein-design AI platform (and wet lab) with $73M in new funding

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Using AI to accelerate biotech is fast becoming standard practice, and companies offering services to deploy the tech quickly are seeing big uptake and new investment. Cradle is one of these, focused on protein design — and it just raised $73 million to build out its labs and team. Cradle appeared in 2022 as part […]

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Biolevate’s raises €6M to helps medical writers keep up with the pace of new drugs

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Writing the documentation that must go alongside the development of new drugs is a highly labor-intensive process: not much software is used and there’s a shortage of expert writers. Paris-based Biolevate helps medical writers go faster with a platform that uses NLP and visual document reading to assisting in writing. It’s now raised €6 million […]

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Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy

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Volta, a new startup with a team split between two headquarters in Milan and Paris, has secured a €6 million pre-seed round ($6.3 million) to develop a new vertical software-as-a-service platform focused on B2B sales. In more practical terms, the Volta team pitches its product as an equivalent to Shopify but focused on B2B transactions. […]

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Rivian snags $6.6B conditional federal loan to build Georgia factory

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Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs Office Advanced Technology Vehicle Manufacturing Loan Program. Rivian said it expects to begin […]

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Google Developer Program gains new features, but you’ll have to pay for them

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In June, Google announced the Google Developer Program, a free program to give devs access to resources designed to help them build applications using Google services. Now that “millions” of devs have signed up (according to Google), the company is introducing a second, paid tier to commercialize the program. On Monday, Google launched the Google […]

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Another star athlete is making his way into venture capital

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Giannis Antetokounmpo, a player for the Milwaukee Bucks, launched a venture capital firm called Build Your Legacy Ventures that will focus on sports and entertainment investing, according to Bleacher Report. Antetokounmpo will serve as general partner. The fund was “not just about capital; it’s about forging partnerships and opening my network to accelerate the growth […]

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Marc Andreessen, Joe Londsale and all the other VCs reportedly in the running for new Trump committees

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With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular cofounder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly […]

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TechCrunch Space: Everything is bigger in Texas!

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Hello, and welcome back to TechCrunch Space! First off, I want to highlight a few stories we weren’t able to get to: First, Inversion Space raised a $44 million Series A to continue development of its ultra-precise orbit-to-Earth cargo delivery service. The company has already garnered a lot of attention from the DOD for its […]

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Instagram takes on Snapchat with new location-sharing feature

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Instagram is introducing the ability for users to share their locations with their friends via DMs (direct messages), the company announced on Monday. The feature indicates that the Meta-owned social network is looking to challenge services like Apple’s “Find My” and Snapchat’s Snap Map, both of which are popular ways for users to see their […]

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Anthropic proposes a new way to connect data to AI chatbots

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Anthropic is proposing a new standard for connecting AI assistants to the systems where data lives. Called the Model Context Protocol, or MCP for short, Anthropic says the standard, which it open sourced today, could help AI models produce better, more relevant responses to queries. MCP lets models draw data from sources like business tools […]

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Appcharge raises $26M to help gaming apps cut out Apple and Google from virtual goods revenues

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As Apple and Google continue to battle with regulators and publishers over whether their app stores are monopolistic, a startup called Appcharge has raised some funding to build an alternative for gaming developers who want to monetise a different way. No, it’s not an ad network. And no, they are not building an alternative app […]

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Bending Spoons is taking video platform Brightcove private in $233M acquisition

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Brightcove, a cloud platform that helps businesses manage and monetize video content, is being taken private by Italian technology company Bending Spoons, in a deal valued at $233 million. Founded in 2004, Brightcove develops tools and services for creating, hosting, streaming, marketing, and monetizing video content, with clients including Marriott Hotels, Ford, and Johnson & […]

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UK seeks collaboration for security research lab to counter Russia and ‘new AI arms race’

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The U.K. is seeking collaboration for a new AI security research lab that’s designed to counter Russia and other hostile states in what it dubs the “new AI arms race.” While the U.K. government has launched numerous funding initiatives in the past to support cybersecurity projects, the rise of AI-fueled nation-state attacks, specifically, is the […]

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South Korean prosecutors request 5-year jail sentence for Samsung chief Jay Lee

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South Korean prosecutors sought a five-year prison sentence and a 500 million KRW fine, equivalent to $375,000, for Samsung Electronics Chief Jay Y. Lee at an appeals court on Monday. The appeals case comes 10 months after Lee and 13 former Samsung executives were originally acquitted of manipulating stock prices and committing accounting fraud in […]

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Raspberry Pi releases the Pico 2 W, a $7 wireless-enabled microcontroller board

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Meet the Raspberry Pi Pico 2 W, a tiny board designed around a microcontroller that lets you build hardware projects at scale. Raspberry Pi is once again using the RP2350, its own, well-documented microcontroller. But what is a microcontroller again? As the name suggests, microcontrollers let you control other electronic components or devices. Regular Raspberry […]

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Entrepreneur Marc Lore on ‘founder mode,’ bad hires, and why avoiding risk is deadly

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Entrepreneur Marc Lore has already sold two companies for billions of dollars, collectively. Now he plans to take his food delivery and take-out business Wonder public in a couple of years at an ambitious $40 billion valuation. We talked with Lore in person in New York recently about Wonder and its ultimate aim of making […]

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Apple will never stop thinking about making a TV

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It’s not exactly a secret that Apple has explored the possibility of building a television. Before his death in 2011, co-founder Steve Jobs famously told biographer Walter Isaacson that he’d “finally cracked it,” but no full-fledged Apple TV (as opposed to the Apple TV set-top box) has emerged in the years since. Bloomberg’s Mark Gurman […]

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Australian government drops misinformation bill

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The Australian government has withdrawn a bill that would have fined online platforms up to 5 percent of their global revenue if they failed to stop the spread of misinformation. The bill, which was backed by the Labor government, would have allowed the Australian Communications and Media Authority to create enforceable rules around misinformation on […]

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Latin America fintech will be a market to watch in 2025

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Heading into 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d hit the bottom for funding to Latin American fintech startups during the year. While momentum wasn’t a straight shot up and to the right, Packer’s prediction may still have come true. The volume of venture capital dollars invested into fintech companies based […]

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Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC

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While most seed investors believe founders should spend their raised cash however they want to, those VCs will still be judging founders’ cash management.

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These alternatives to popular apps can help reclaim your online life from billionaires and surveillance

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Not every app or service is trying to monetize your personal data. Here are some of our favorite alternatives to popular apps.

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The curious case of Nebius, the publicly traded AI infrastructure ‘startup’

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On October 21, a new ticker opened to Nasdaq traders: NBIS, a truncation of Nebius, a fledgling player in the AI cloud infrastructure space. Casual observers could be forgiven for wondering where this company had come from, as there had been little in the way of the usual fanfare that surrounds most startups’ journey to […]

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How a digital “you” can sit through your agonizing web conference calls

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Now you can appear to be on a Zoom call in your office, even when you’re sipping a margarita in a hammock far, far away. Courtesy of a months-old startup called Pickle, its pitch is simple: just submit a five-minute-long training video of yourself to create an avatar, and within 24 hours, you’re ready to […]

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‘Wolfs’ sequel canceled because director ‘no longer trusted’ Apple

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It may be hard to remember, but George Clooney and Brad Pitt co-starred in a movie, “Wolfs,” that Apple released just two months ago. On Friday, the film’s writer and director Jon Watts said Friday that a sequel is no longer happening; in a follow-up interview with Deadline, he explained that he “no longer trusted […]

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DOJ tells Google to sell Chrome

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Welcome back to Week in Review. This week, we’re exploring the DOJ telling Google to sell off Chrome to break up its monopoly, OpenAI accidentally deleting potential evidence in The New York Times’ copyright lawsuit against it, and how AI companies are using TikTok brainrot for study tools. Let’s do this. The U.S. Department of […]

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Tesla says it has reached a ‘conditional’ settlement in Rivian trade secrets lawsuit

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Tesla and Rivian may have resolved a lawsuit in which Tesla accused Rivian of poaching employees and stealing trade secrets. Bloomberg reports that Tesla told a California statement judge that the companies have reached a “conditional” settlement, and that it expects to seek dismissal of the lawsuit by December 24. Tesla filed the suit, which […]

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The rise and fall of the ‘Scattered Spider’ hackers

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The prolific hacking group broke into Caesars Entertainment, Coinbase, DoorDash, Mailchimp, Riot Games, Twilio (twice), and dozens more.

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Trump’s tariff threats don’t scare this Mexican fintech

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Mexico’s economic development — turbocharged by the amount of nearshoring in recent years — has made it fertile ground for startups. But the trend is under threat if President-elect Donald Trump follows through with his idea of taking a harder line on trade with Mexico. Jaime Tabachnik, co-founder and CEO of Mexican trucking finance startup […]

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Meet three incoming EU lawmakers in charge of key tech policy areas

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The European Union looks to have clinched political agreement on the team of 26 commissioners who will be implementing President Ursula von der Leyen’s policy plan for the next five years. A final vote is still pending next week, but on Thursday, Politico’s Brussels Playbook newsletter reported a deal in the European Parliament on the […]

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OpenAI accidentally deleted potential evidence in NY Times copyright lawsuit (updated)

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Lawyers for The New York Times and Daily News, which are suing OpenAI for allegedly scraping their works to train its AI models without permission, say OpenAI engineers accidentally deleted data potentially relevant to the case. Earlier this fall, OpenAI agreed to provide two virtual machines so that counsel for The Times and Daily News […]

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Sequoia marks up its 2020 fund by 25%

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Sequoia says no exits, no problem. The Silicon Valley titan of venture marked up the value of its 2020 Sequoia Capital U.S. Venture XVII fund by 24.6% in June, at the end of a 12-month period, according to PitchBook, which ran analysis on data from the Regents of the University of California’s endowment. Sequoia’s markup […]

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Illumen Capital doubles down on supporting underrepresented funds

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Illumen Capital is doubling down on its support for fund managers and founders from underrepresented communities. The firm is an impact fund of funds that has previously supported ways to address racial bias in investing. Yesterday, the firm, founded by Daryn Dodson, announced the raise of a $32.75 million “Catalyst Fund “to once again support […]

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Gilroy, former Coatue fintech head, and angel investor Rajaram launch VC firm

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Michael Gilroy, a former head of fintech investments at Coatue, and Gokul Rajaram, a longtime tech executive and prolific angel investor, are forming a yet-to-be-named venture firm and plan to begin fundraising toward a $400 million to $500 million debut fund early next year, Bloomberg reported. The firm will invest in US-based early-stage fintech and […]

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ChatGPT: Everything you need to know about the AI-powered chatbot

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ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies. That growth has propelled OpenAI itself into […]

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Tour the new Hyundai Ioniq 9

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Emme Hall takes a closer look at the new Hyundai Ioniq 9, an all-electric three-row SUV.

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OpenAI is funding research into ‘AI morality’

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OpenAI is funding academic research into algorithms that can predict humans’ moral judgements. In a filing with the IRS, OpenAI Inc., OpenAI’s nonprofit org, disclosed that it awarded a grant to Duke University researchers for a project titled “Research AI Morality.” Contacted for comment, an OpenAI spokesperson pointed to a press release indicating the award […]

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Taking a cue from X, Threads tests AI-powered summaries of trending topics

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As the Twitter-like social network Bluesky sees a significant surge in users this month, Meta’s own X competitor Threads has been rapidly building out its platform. On Friday, Instagram head Adam Mosseri announced that Threads will start testing AI-powered summaries of what people are discussing on the platform in the app’s “Trending now” section in […]

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StoreCash’s new app lets you instantly earn cash back at stores

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Daricus Releford always wanted to be a founder. In high school, he ran a hot dog station and in college launched a chocolate-covered strawberry business, making millions in sales before moving to Silicon Valley to pursue his dreams in tech. Entrepreneurship simply runs in his family, he told TechCrunch. “My grandfather was one of the […]

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Anthropic raises an additional $4B from Amazon, makes AWS is ‘primary’ cloud partner

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Anthropic, OpenAI’s close rival, has raised an additional $4 billion from Amazon, and has agreed to make Amazon Web Services (AWS), Amazon’s cloud computing division, the primary place it’ll train its flagship generative AI models. Anthropic also says it’s working with Annapurna Labs, AWS’ chipmaking division, to develop future generations of Trainium accelerators, AWS’ custom-built […]

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Apple’s mobile browser policies and Google pact are ‘holding back innovation,’ UK regulator says

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An inquiry group setup by the U.K.’s antitrust authority has provisionally found that Apple’s policies are “holding back innovation in the browsers we use to access the web on mobile phones.” While the report focuses substantively on Apple, it also highlighted a revenue-sharing agreement with Google, noting that the duo “earn significant revenue” when Google […]

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Flipkart co-founder Binny Bansal leaves PhonePe board

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Flipkart co-founder Binny Bansal has stepped down from PhonePe’s board of directors, three quarters after making a similar move at the e-commerce giant. Bengaluru-headquartered PhonePe said it had appointed Manish Sabharwal, an executive at staffing and HR firm Teamlease, as an independent director and audit committee chair. Bansal played a key role in Flipkart’s acquisition […]

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A company is now developing human washing machines

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Forget cold plunges. The new flex could soon be human washing machines. According to one of Japan’s oldest newspapers, an Osaka-based shower head maker called Science has developed a contraption that’s shaped like a cockpit, fills with water when a bather sits in a seat at its center, and measures the person’s pulse and other […]

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Texas AG opens investigation into advertising group that Elon Musk sued for ‘boycotting’ X

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Texas Attorney General Ken Paxton announced on Thursday he is opening an investigation into the World Federation of Advertisers (WFA) to determine whether the trade group’s members conspired to boycott “certain social media platforms.” While the press release doesn’t name social media platforms by name, one of them is likely Elon Musk’s X, which filed […]

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American Airlines is deploying new tech to shame boarding line cutters

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American Airlines has a new tactic for shaming boarding line cutters: A loud beeper. CNBC reports that the airline is rolling out a system that emits two loud beeps when a traveler tries to get on an airplane before their boarding group is called. As of Wednesday, the new tech was in over 100 airports […]

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Hackers break into Andrew Tate’s online ‘university,’ steal user data and flood chats with emojis

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Hackers have breached an online course founded by ostensible influencer and self-described misogynist Andrew Tate, leaking data on close to 800,000 users, including thousands of email addresses, and private user chat logs. The Daily Dot, which broke the news Thursday, reported that the hackers accessed the user data, then flooded the online course’s chatroom with […]

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Apple is reportedly building a more conversational Siri powered by LLMs

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Apple is developing a new version of its voice assistant, Siri, powered by advanced large language models, according to sources cited by Bloomberg. This more conversational Siri is part of Apple’s attempt to catch up in AI, where competitors have released impressive features, like Google’s Gemini Live, that are far more natural to talk to […]

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Future Google supplier Kairos gets approval to build two small nuclear reactors

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The reactors are scaled down versions of what Kairos hopes to ultimately build to supply Google with electricity.

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Wiz acquires Dazz for $450M to expand its cybersecurity platform

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Wiz, one of the most talked-about names in the world of cybersecurity, is making a significant acquisition to expand its product reach in cloud security, particularly with developers. It is buying Dazz, a specialist in security remediation and risk management. Sources tell us the deal is valued at $450 million in a mix of cash […]

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Tubi hops on the short-form video bandwagon with its ‘Scenes’ feature

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Tubi, the free ad-supported streaming service owned by Fox, has unveiled a new feature designed to set it apart from its rivals, such as Pluto TV and the Roku Channel, as well as put it in closer competition with short-form video-sharing platforms like Instagram Reels, TikTok, and YouTube Shorts. Called “Scenes,” the feature allows viewers […]

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Candela brings its P-12 electric ferry to Tahoe and adds another $14M to build more

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Electric passenger boat startup Candela has topped off its most recent raise with another $14 million, the company announced Thursday, and has sold the first of its ferries in the U.S. — bound for Lake Tahoe. Candela makes a series of all-electric hydrofoiling watercraft, meaning the body of the boat rises above the surface of […]

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Lightning looks to make managing AI a piece of cake

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AI may be the hottest thing since sliced bread. But that doesn’t mean it’s getting easier to develop and run. According to a recent Boston Consulting Group poll, 74% of organizations are struggling to derive value from their AI investments. William Falcon, the creator of PyTorch Lightning, a popular open source AI framework, says that […]

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Blue Bear Capital lands $160M to back AI founders in climate, energy, and industry

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The new fund swims against the prevailing currents in its sector, where funds that invest in hardware or a mix of hardware and software tend to dominate.

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Bill to ban social media use by under-16s arrives in Australia’s parliament

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Legislation to ban social media for under 16s has been introduced in the Australian parliament. The country’s Prime Minister, Anthony Albanese, confirmed the plan to curb the use of social media by kids earlier this month, and the bill has now been presented to lawmakers, Reuters reports. Many jurisdictions will be watching the proceedings with interest, […]

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Lighthouse, an analytics provider for the hospitality sector, lights up with $370M at a $1B valuation

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Here is yet one more sign of the travel industry’s noticeable boom: a major growth round for one of the B2B startups servicing it. Lighthouse, a data analytics platform for hotels and others in the hospitality industry, has closed a Series C of $370 million. The KKR-led round catapults Lighthouse to a valuation of over […]

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DOJ: Google must sell Chrome to end monopoly

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The United States Department of Justice argued Wednesday that Google should divest its Chrome browser as part of a remedy to break up the company’s illegal monopoly in online search, according to a U.S District Court of the District of Columbia filing. This story is developing…

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WhatsApp will finally let you unsubscribe from business marketing spam

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WhatsApp Business has grown to over 200 million monthly users over the past few years. That means there are tons of businesses sending messages to users — and some of these messages could be considered as spam. For customers, the only option was to either let them send messages and offers, or block the business account […]

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OneCell Diagnostics bags $16M to help limit cancer reoccurrence using AI

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OneCell Diagnostics has secured $16 million in a Series A round as it aims to limit cancer recurrence using AI advancements along with scientific ways.

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OpenAI accidentally deleted potential evidence in NY Times copyright lawsuit

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India’s Arzooo, once valued at $310M, sells in distressed deal

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Arzooo, an Indian startup founded by former Flipkart executives that sought to bring “best of e-commerce” to physical stores, has sold its assets in distressed sale to Moksha Group. The deal follows Arzooo engaging with several startups, including Bengaluru-headquartered Udaan, for potential merger opportunities, according to people familiar with the matter. The startup had raised […]

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Nvidia’s CEO defends his moat as AI labs change how they improve their AI models

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Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday, but that did little to assure investors that its rapid growth would continue. On its earnings call, analysts prodded CEO Jensen Huang about how Nvidia would fare if tech companies start using new methods to improve […]

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Reddit appears to be back after a four-hour-long outage

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Social media platform Reddit experienced an outage this afternoon at around 12:20 p.m. PT (or possibly even earlier), resulting in thousands of users being unable to access its website and app. After four hours, it appears to be working again. Reddit confirmed it fixed the issue and is monitoring the results, according to its status […]

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Snowflake snaps up data management company Datavolo

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Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum. Snowflake unveiled the deal at the close of the market bell on Wednesday, when it also announced its Q3 2025 earnings. The purchase hasn’t yet closed, and it’s subject to customary closing conditions, Snowflake noted in a release. […]

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Solar power magnate Gautam Adani and others indicted over alleged $250M bribery scheme

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Billionaire Gautam Adani and several executives at his company, the Indian conglomerate Adani Group, have been indicted over an alleged scheme to pay more than $250 million in bribes to Indian officials in exchange for contracts to a 12 gigawatt solar power project. The indictment, unsealed Wednesday in federal court in Brooklyn, charges Adani, his […]

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Converge Bio’s ‘everything store’ for biotech LLMs brings in $5.5M seed

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AI is finding its way into every corner of biotech and pharmaceutical research, but like other industries, it’s never quite as straightforward to implement as one would like. Converge Bio has built a tool for companies to make their biology-focused LLMs actually work, from “enriching” their data to explaining their answers. The company has raised […]

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Data center monitoring firm LogicMonitor raises $800M at a $2.4B valuation

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As companies’ server infrastructure grows, they often run into challenges keeping tabs on the health of their various assets, like their cloud and local data centers. Monitoring tools, also known as observability tools, can help — but lots of tools can become overwhelming. According to one survey, seven in 10 organizations believe that monitoring is […]

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Current AI scaling laws are showing diminishing returns, forcing AI labs to change course

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AI labs traveling the road to super-intelligent systems are realizing they might have to take a detour. “AI scaling laws,” the methods and expectations that labs have used to increase the capabilities of their models for the last five years, are now showing signs of diminishing returns, according to several AI investors, founders, and CEOs […]

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Fintech giant Finastra confirms it’s investigating a data breach

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An incident disclosure shared with Finastra's banking and financial customers confirms a hacker stole files from a company system.

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UK crashes out of global top 50 supercomputer ranking

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The U.K. no longer has a supercomputer in the top 50, according to new data from the Top500 project, which ranks the 500 most powerful non-distributed computer systems globally. The country’s current national supercomputer system, Archer2, is approaching end-of-life in 2026. According to the latest figures, it’s also now sitting in 62nd place globally, down […]

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UK open to social media ban for kids as gov’t kicks off feasibility study

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The U.K. government is not ruling out further beefing up existing online safety rules by adding an Australian-style ban on social media for under 16s technology secretary, Peter Kyle, has said. Back in the summer the government warned it may toughen laws for tech platforms in the wake of riots that were perceived to have […]

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OpenAI releases a teacher’s guide to ChatGPT, but some educators are skeptical

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OpenAI envisions teachers using its AI-powered tools to create lesson plans and interactive tutorials for students. But some educators are wary of the technology — and its potential to go awry. Today, OpenAI released a free online course designed to help K-12 teachers learn how to bring ChatGPT, the company’s AI chatbot platform, into their […]

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You have a few hours left to bid on this burned-out husk in San Francisco

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Houses in San Francisco are notoriously expensive, with the average home price hovering around $1.26 million. It’s no wonder that a fire-ravaged shack priced at $299,000 in one of San Francisco’s southernmost neighborhoods saw at least 20 people tour the property this past weekend, according to The San Francisco Standard. Potential buyers were asked to […]

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Ben Ling’s Bling Capital has already nabbed another $270M for fourth fund

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Bling Capital, one of the more prolific and well-connected seed VC firms, has nabbed another $270 million for a new flagship, fourth fund.

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SpaceX launches Starship for the sixth time – with Trump on site to watch

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SpaceX conducted the sixth flight test of its massive Starship rocket on Tuesday afternoon, and although the company did not replicate the history-making booster catch, the company did welcome a very special guest: President-elect Donald Trump. Trump, who will soon be sworn into office for his second term, said on X that he was headed […]

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Apple says Mac users targeted in zero-day cyberattacks

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Apple said the security update for Macs, iPhones, and iPads is "recommended for all users."

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PayPal revives its money-pooling feature

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Welcome to TechCrunch Fintech! This week, we’re diving into PayPal’s new holiday shopping-friendly feature, Klarna’s 2025 IPO ambitions, and sales tax automation startup Kintsugi doubling its valuation in less than a year. If you’d like to receive the Fintech newsletter in your inbox every Tuesday, sign up here! The big story PayPal makes group purchases […]

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Instagram will soon let you reset your recommendation algorithm

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Instagram is testing the ability for users to reset their recommendations, the company announced on Tuesday. By resetting your recommendations, you would be starting fresh and retraining the app’s algorithm about the content you enjoy across your Explore page, home feed, and Reels tab. The feature is geared toward users who feel like their content […]

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In Mexico’s tense job market, Minu’s take on employee benefits includes financial wellness

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In a tight labor market, the best way to attract and retain talent is to look after employee well-being. As Mexico is nearing full employment, this creates tailwinds for these endeavors, but with particular awareness that financial, physical, and mental health are interconnected. “The main problem to solve in Mexico is around financial matters,” said […]

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Former basketball hopeful wants to prevent ACL tears with airbags for knees

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You’ve heard of car airbags deploying within milliseconds to protect passengers. How about an airbag for your knee?

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Indian news agency sues OpenAI alleging copyright infringement

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One of India's largest news agencies has sued OpenAI in a case that could set a precedent for how AI companies use copyrighted news content.

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Sagence is building analog chips to run AI

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Graphics processing units (GPUs), the chips on which most AI models run, are energy-hungry beasts. As a consequence of the accelerating incorporation of GPUs in data centers, AI will drive a 160% uptick in electricity demand by 2030, Goldman Sachs estimates. The trend isn’t sustainable, argues Vishal Sarin, an analog and memory circuit designer. After […]

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Yuka, the app that rates food and makeup, now lets users complain to companies directly

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Yuka is a popular health app that allows users to scan the barcodes of food items to quickly see a health ranking based on additives, sugar, saturated fat, and fiber. It also scans cosmetic products, highlighting any harmful substances like endocrine disruptors, carcinogens, allergens, and irritants. Yuka then recommends healthier options, helping consumers make more […]

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Socium doubles down on Francophone Africa after $5M seed round

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Demand for HR-tech solutions in Africa is growing, and Senegal’s Socium is out to tap the opportunity in French-speaking countries on the continent. Socium has since 2021 built HR solutions that target users within the 21 countries of Francophone Africa and plans to continue narrowing its focus on the region, where it is enjoying first-mover […]

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Logitech’s MX console for creatives

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Deep into Adobe apps like Photoshop or Premiere? Logitech’s MX Creative Console is designed to streamline your creative workflow with a totally customizable dialpad and keypad. Use the dial or wheel to quickly scrub through timelines in Premiere, detailed brush precision in Photoshop, or cycle through presets on Lightroom. Adding functions and icons is as […]

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Ben Affleck tells actors and writers not to worry about AI

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Unions representing Hollywood actors and writers went on strike last year to secure protections against AI systems taking their jobs. But Ben Affleck says that actors and screenwriters shouldn’t worry about AI because it’s not capable of doing either job today, and likely won’t for a long time. “Movies will be one of the last […]

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Venture funding in Europe in 2024 fell to $45 billion, says Atomico

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Funding for European tech appears to have stabilised in 2024 after dropping precipitously in 2023, but the signs continue to point to more tough times ahead, according to the latest State of European Tech report. The annual survey — produced by European VC firm Atomico — notes that startups in the region are on track […]

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Justice Department reportedly pushing Google to spin off Chrome

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The Department of Justice is reportedly pushing to force Google to spin off its Chrome browser business. That’s according to Bloomberg, which reports that the Justice Department is also planning to recommend to a federal judge that Google face antitrust requirements related to AI and its Android mobile operating system. The enforcement actions are the […]

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ServiceTitan names LLMs from Microsoft, OpenAI as risk factors

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With ServiceTitan's public IPO documents, we may be witnessing the birth of a new boilerplate warning: LLMs.

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TechCrunch Space: A big pivot

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Hello, and welcome back to TechCrunch Space! This week, SpaceX President Gwynne Shotwell said she wouldn’t be surprised if the company launched Starship 400 times over the next four years. What do you think? How realistic are those numbers, on the scale of “almost certain” to “no chance in hell”? I believe SpaceX has the […]

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In 2023 VCs returned the lowest level of capital to their investors since 2011

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It’s no secret that the venture capital industry is facing a liquidity crisis as IPOs and other exits remain few and far between after 2020 and 2021’s record-breaking years. Now, we have numbers that show just how bad it’s gotten. In 2023, the U.S. VC industry invested $60 billion more into startups than it collected […]

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Roblox no longer allows users under 13 to message others outside of games

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Roblox will not let users under the age of 13 message others outside of games and experiences on the platform, the company said Friday. Roblox also announced a series of other built-in protections for young users, such as age-gating certain experiences, along with enhanced parental controls. Roblox has been criticized for failing to protect children […]

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Text marketing firm Take Blip secures backing from SoftBank, Microsoft

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Take Blip, a conversational marketing platform, has raised $60 million in funding from SoftBank and Microsoft.

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MakeMyTrip buys Happay from CRED

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MakeMyTrip, India’s largest online travel company, has agreed to acquire the expense management platform Happay from fintech CRED. The deal, announced on Monday, will see Happay’s expense management business and team transition to MakeMyTrip, while the payments division will remain at CRED. The financial terms were not disclosed and couldn’t be immediately learned. CRED, which […]

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Juna.ai wants to use AI agents to make factories more energy-efficient

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Juna.ai wants to help factories become more efficient by automating complex industrial processes using AI agents.

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India’s HealthKart valued at $500 million in new investment

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Indian omni-channel nutrition startup HealthKart has raised $153 million in one of the country’s largest consumer startup transactions this year, valuing the business at about $500 million, according to a source familiar with the matter. The new investment was co-led by private equity firms ChrysCapital and Motilal Oswal, with Avendus Capital serving as financial advisor. […]

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Oyo founder seeks new investment at $3.8 billion valuation

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Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium […]

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World of Warcraft turns 20

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Blizzard Entertainment first released World of Warcraft in November 2004, so The New York Times celebrated the anniversary by outlining the many ways we can still see the massively multiplayer online roleplaying game’s influence’s 20 years later. For one thing, while multiplayer games and early social networks such as MySpace already existed, WoW provided a […]

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Norwegian startup Factiverse wants to fight disinformation with AI

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In the wake of the U.S. 2024 presidential election, one fact became clear: Disinformation proliferated online at a startling rate, shaping Americans’ views about each candidate as well as a diverse set of topics, including public health, climate change, and immigration. Generative AI – with its ability to produce deepfakes in seconds and its propensity to […]

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Precursor’s Charles Hudson believes founders should test their investors

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Charles Hudson, managing partner of Precursor Ventures, told an audience at AfroTech the basics of knowing when to invest: A company should have product-market fit and some form of traction. But the next thing he said garnered some surprised looks from the audience: Founders should test investors with a small issue to see how they […]

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Robust AI’s Carter Pro robot is designed to work with, and be moved by, humans

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Two things are immediately notable when watching the Carter Pro robot navigate the aisles of the demo warehouse inside Robust AI’s San Carlos, California, headquarters. The first is the shelving units: standardized, modular, and off-the-shelf. The wire frames will look familiar to anyone who has spent time in warehouses, and that’s certainly by design. The second […]

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A popular technique to make AI more efficient has drawbacks

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One of the most widely used techniques to make AI models more efficient, quantization, has limits — and the industry could be fast approaching them. In the context of AI, quantization refers to lowering the number of bits — the smallest units a computer can process — needed to represent information. Consider this analogy: When […]

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The best tech for plant lovers

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House plants are great. They can also be hard. All of those stress-reducing self-care qualities they promise tend to fade into the background when they suddenly turn brown for seemingly no reason. Unlike pets and human children, they can’t bug you when something is wrong. They just sort of wither. There’s a reason Reddit is […]

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Consumer tech is bouncing back, and consumer founders like Brynn Putnam are bouncing back with it

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When Brynn Putnam sold her last company, Mirror, to Lululemon for $500 million at the start of the pandemic, it looked to this editor like she’d sold the smart fitness company too soon. Instead, the timing proved brilliant. The home fitness craze crashed nearly as abruptly as it peaked during that first year of lockdowns. […]

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T-Mobile says it was hacked, linked to Chinese breaches of telecom networks

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This is the ninth known cyberattack to target T-Mobile in recent years, according to an ongoing count by TechCrunch.

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SpaceX Starship: Everything you’ve ever wondered but were afraid to ask

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SpaceX’s massive Starship rocket has the potential to transform the commercial space economy, ensure America’s position as the global leaders in the space race, and put humans on Mars for the first time. But first it has to get to orbit. This is becoming much more likely as the Starship test program accelerates and the company […]

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What a second Trump term means for the future of ransomware

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The U.S. government has made big strides over the past four years in the ongoing fight against the “scourge of ransomware,” as President Joe Biden described it. At the start of his term, Biden and his administration were quick to declare ransomware a national security threat, unlocking new powers for the military and intelligence agencies. […]

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EU AI Act: Everything you need to know

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The European Union’s risk-based rulebook for artificial intelligence — aka the EU AI Act — has been years in the making. But expect to hear a lot more about the regulation in the coming months (and years) as key compliance deadlines kick in. Meanwhile, read on for an overview of the law and its aims. […]

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‘AI Granny’ is happy to talk with phone scammers all day

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On Thursday, the UK’s largest mobile network operator, O2, introduced a chatbot designed to frustrate phone scammers. Called “dAIsy,” it mimics an older woman with all kinds of time to chat – about knitting, her cat Fluffy – with the aim of keeping fraudsters engaged as they try obtaining her (fake) bank details. A press […]

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Former TuSimple co-founder urges courts to block asset transfer to China

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Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during […]

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OpenAI’s tumultuous early years revealed in emails from Musk, Altman, and others

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A lawsuit by the world’s wealthiest man against one of the fastest growing companies of all time is necessarily interesting stuff. But while the allegations are yet to be proven, the case has already exposed a batch of emails between Elon Musk, Sam Altman, and others during OpenAI’s early days. Here are a few of […]

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Here’s the full list of 44 US AI startups that have raised $100M or more in 2024

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In the first half of 2024 alone, more than $35.5 billion was invested into AI startups globally.

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GM’s Cruise to pay $500,000 fine to DOJ, admits submitting false report

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Cruise, the autonomous vehicle unit of General Motors, has admitted to submitting a false report with the goal of influencing a federal investigation into a safety incident last year. In penance, the company will pay a $500,000 criminal fine as part of a deferred prosecution agreement, per the Department of Justice (DOJ). This is one […]

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Angel investor Hannah Bronfman is ready to launch her own fund

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Early Thursday morning, excited AfroTech attendees shuffled into a conference room to see one thing: Hannah Bronfman, a noted angel investor who has more than 1 million followers on social media, in conversation with Blavity founder and CEO Morgan DeBaun. Bronfman is a wellness content creator, an author, and an investor in more than 70 […]

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Musk’s amended lawsuit against OpenAI names Microsoft as defendent

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Musk’s lawsuit against OpenAI accusing the company of abandoning its nonprofit mission was withdrawn in July, only to be revived in August. Now, in an amended complaint, the suit names new defendants including Microsoft, LinkedIn co-founder Reid Hoffman, and former OpenAI board member and Microsoft VP Dee Templeton. The amended filing also adds new plaintiffs: […]

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Bluesky says 1 million people signed up for the platform in last 24 hours

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Bluesky said Thursday evening that over 1 million people signed up for the platform in the last 24 hours, making it one of the busiest days for the company. This also meant the social network crossed the mark of 16 million users overall. The platform’s announcement comes hours after Instagram head Adam Mosseri said that […]

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Heroku CEO Bob Wise departs

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Bob Wise, the CEO of Heroku, Salesforce’s cloud platform as a service, has left. A Salesforce spokesperson confirmed the news to TechCrunch in a statement via email. “Bob Wise has left Salesforce for his next career move,” the spokesperson said. “We appreciate all that Bob has done for Salesforce and Heroku and we wish him […]

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Tech leaders recommend colleagues for Trump’s cabinet

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Some tech investors and executives have been trying to influence the incoming Trump administration to appoint Silicon Valley insiders for cabinet positions, the New York Times reported. Given Elon Musk’s strong relationship with Donald Trump, a significant portion of tech leaders’ persuasion efforts have been directed towards him. Friends of Musk, like Joe Lonsdale, the […]

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FTC reportedly begins investigating Microsoft’s cloud business practices

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The FTC is reportedly readying an investigation into whether Microsoft used anti-competitive tactics to maintain a dominant position in the cloud market. According to the Financial Times, the agency is looking into allegations that Microsoft imposed punitive licensing agreements to prevent customers from moving data off its platforms. Sources told FT that the FTC is […]

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Reliance, Disney complete India media merger valued at $8.5 billion

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Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment behemoth that will dominate the country’s streaming and television markets. The deal, proposed in February, brings together Disney’s Star India with Reliance-controlled Viacom18 under a joint venture that will control about 85% of India’s streaming market and roughly half of […]

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PayPal will once again let you pool money from family and friends to pay for things together

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PayPal is launching a few features that let users in groups pool money with friends or family, to collectively pay for trips, travels, gifts, and anything else. The company is launching this feature in the U.S., Germany, the U.K., Italy, and Spain ahead of the holiday season. “Re-launching” might be the more appropriate verb here: […]

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US confirms China-backed hackers breached telecom providers to steal wiretap data

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CISA and the FBI say they have uncovered a 'broad and significant' PRC-linked cyberespionage campaign

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Tessl raises $125M at at $500M+ valuation to build AI that writes and maintains code

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Many startups and larger tech companies have taken a crack at building artificial intelligence to code software. Now, another new player is coming out of the shadows to throw its hat into the ring, with a mission to fix the many problems that will arise when humans and all those AIs are all writing code […]

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Atlas.co wants its web-based mapping tool to be the Figma of geospatial data

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Startup inspiration can strike anywhere. But for Atlas.co*, a freemium browser-based, real-time mapping tool that’s being built by an Oslo, Norway-based team of (initially student) engineers, the realization that there might be a business opportunity in competing with expensive legacy mapping software hit the founders during class. “When we took introduction class to GIS [geographic […]

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