Late Tuesday evening, a federal judge blocked tech lobbying group NetChoice’s challenge to California’s recently enacted law, SB 976, which prohibits companies from serving “addictive feeds” to minors. The effect of this decision is that beginning Wednesday, companies will be prohibited from serving an addictive feed to a California-based user they know to be a […]
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Conservative activists claim X is censoring them for being critical of its owner, Elon Musk.
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When a company releases a new AI video generator, it’s not long before someone uses it to make a video of actor Will Smith eating spaghetti. It’s become something of a meme as well as a benchmark: Seeing whether a new video generator can realistically render Smith slurping down a bowl of noodles. Smith himself […]
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TechCrunch’s Found podcast, which has brought listeners the stories behind the startups since April 2022, released its final episode today. I’ve been one of the hosts of Found since November 2022 and in that time have spoken to more than 75 founders about the startups they are building. These founders hail from many different backgrounds […]
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Samsung Electronics said on Tuesday that it has become the largest shareholder of South Korea-based robotics maker Rainbow Robotics, increasing its stake from 14.7% to 35% for KRW 267 billion (about $181 billion). The electronics giant, which paid KRW 86.8 billion for the 14.7% stake in 2023, said it is acquiring the stake to bolster […]
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Asset management firm Fidelity slashed the estimated worth of its stake in business messaging platform Gupshup by another 7.7% last month, lowering the value of its holding in the SaaS startup by a total of more than 65% since its investment in mid-2021. One of the funds operated by the U.S. asset manager valued its […]
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TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The Information, citing inside sources. If ByteDance follows through, it will become one of the world’s top owners of Nvidia chips, despite U.S. efforts […]
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For a number of years now, Moft has offered some of the most innovative gadget accessories. They’re always interesting, if not necessarily useful. This new combination Find My wallet and stand manages to tick both boxes. The accessory was announced a couple of weeks out from CES, where it will be shown off for the […]
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While AI is lauded by some as the biggest technological breakthrough since the industrial revolution, enterprises — arguably the tech’s biggest potential customer base — have been slow to adopt AI. While some investors predicted that 2024 would be the year we’d start to see more AI adoption by enterprises, that didn’t play out as […]
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Nearly a quarter century after its founding, Jeff Bezos’ Blue Origin is gearing up to launch an orbital rocket for the first time — and finally enter the competitive launch industry that is currently dominated by SpaceX. Company executives have maintained that they are planning to launch the towering rocket, called New Glenn, before the […]
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The data was found exposed on an Amazon cloud server, and contained precise location data on thousands of vehicles.
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A business built around increasingly customized ready-to-eat meals has netted Middle Eastern startup Calo a sizeable funding injection as it looks to expand both what it can offer its time-strapped customers and where it delivers its growing range of just-heat-to-eat dishes. The meal delivery market in the Middle East will hit $11.2 billion by 2030, […]
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U.S. telecom giant Verizon says it has secured its network after being targeted by the China-linked Salt Typhoon cyberespionage group. In a statement given to TechCrunch on Sunday, Verizon spokesperson Richard Young said the company has “contained the cyber incident brought on by this nation-state threat actor,” and that it has not detected any threat actor […]
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The chipmaking giant Nvidia is leaning more heavily into robotics in 2025. More specifically, it’s launching a new generation of compact computers for humanoid robots, called Jetson Thor, in the first half of the new year, confims the Financial Times. The move, which was expected, is part of an evolving, years-long strategy. Back in March, […]
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The proliferation of data centers aiming to meet the computational needs of AI could be bad news for the US power grid, according to a new report in Bloomberg. Using the 1 million residential sensors tracked by Whisker Labs, along with market intelligence data from DC Byte, Bloomberg found that more than half of the […]
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India’s payments regulator is set to decide as early as Monday whether to curb the dominance of Walmart’s PhonePe and Google in the nation’s fast-growing mobile payments market, a move that could reshape how its billion-plus population moves money. The decision centers on UPI, or Unified Payments Interface, a network backed by more than 50 […]
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Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are suing the Internal Revenue Service to block new regulations that require decentralized finance (DeFi) entities to report customer information. The IRS has been finalizing crypto tax regulations as part of the Biden Administration’s Infrastructure Investment and […]
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Africa’s tech ecosystem just got a boost of attention, with South Africa’s TymeBank and Nigeria’s Moniepoint both raising funds in recent weeks at valuations of over $1 billion and joining the coveted unicorn pantheon. But those valuations don’t just reflect investor confidence. They signal the success they’ve had in taking disruptive fintech models originally developed […]
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It has been a busy year in the private equity realm, with countless big-money acquisitions unfolding. The take-private space specifically has seen some sizable transactions, with private equity firms spearheading more than a dozen billion-dollar deals for public tech companies. London-headquartered Permira was a key protagonist, joining Blackstone to acquire European online classifieds group Adevinta […]
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CEO Sundar Pichai reportedly told Google employees that 2025 will be a “critical” year for the company. CNBC reports that it obtained audio from a December 18 strategy meeting where Pichai and other executives put on ugly holiday sweaters and laid out their priorities for the coming year. “I think 2025 will be critical,” Pichai […]
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Attorneys representing President-elect Donald Trump have asked the Supreme Court to pause a law that would force TikTok-owner ByteDance to sell the short-form video app or see it banned from the United States. If the app isn’t sold, the ban is set to take effect in just a few weeks, on January 19. ByteDance is […]
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CES kicks off January 7. The annual Las Vegas event sets the tone of the year’s consumer electronics and automotive industries. As always, TechCrunch will be there, sniffing stories from the most exciting startups and tech giants. If you really want a piece of the action without paying for the hotel and flight, many of […]
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Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform […]
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If there was one phrase that captured the vibe and theme of 2024 — at least in the transportation sector — it was business whiplash. Legacy automakers changed direction on their all-EVs-or-bust strategy, startups pivoted, and some Silicon Valley VCs and executives adjusted their views to a changing political landscape, in which they now are […]
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Lyft is suing the city of San Francisco, claiming the city unfairly charged the rideshare company over $100 million in taxes.
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Researchers at the University of Leeds recently demonstrated a framework for a quadruped robot with a design inspired by the bio-mechanics of four-legged animals. The versatile robot is able to navigate complex environments, maintain stability on uneven ground, and recover after a fall — all without the use of extra-perceptive sensors.
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There are many iPad apps to help you organize recipes; sync tasks across devices; be more productive; and manage your notes.
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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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Scientists at the Suzumori Endo Robotics lab in Tokyo have developed the Superman Suit: a suit powered by hydraulic artificial muscles that allows it to perform superhuman tasks. In this video, the suit demonstrates the ability to complete 15 rotations around a bar, making anyone into a great gymnast.
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ChatGPT, Sora, and OpenAI’s developer-facing API went down Thursday for an hour and counting. OpenAI says it started experiencing a major outage at 11 AM PT, and the services still appear to be down at the time of publishing this article, around 12:40 PM PT. Frequent users of ChatGPT may recall that the service went […]
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A Chinese lab has created what appears to be one of the most powerful “open” AI models to date. The model, DeepSeek V3, was developed by the AI firm DeepSeek, and was released on Wednesday under a permissive license that allows developers to download and modify it for most applications, including commercial ones. DeepSeek V3 […]
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Here is a timeline of the events that led fledgling automaker Fisker to file for bankruptcy.
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Elon Musk’s jets took over 355 flights this year, with 31 of those flights heading to or from near Mar-a-Lago.
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Blaming victims, months of silence, and suing security researchers all featured in cybersecurity in 2024.
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Indian online pharmacy PharmEasy’s valuation now stands at about $456 million, according to disclosures from its investor Janus Henderson, a 92% drop from its peak valuation of $5.6 billion. The British American global asset firm’s Global Research Fund values its holding of 12.9 million shares in PharmEasy at $766,043, according to its latest filing for […]
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Social network Bluesky said on Christmas day that it launched trending topics feature in beta. The trending topics are available on both desktop and mobile apps of the social network. On the desktop, you can see trending topics on the right sidebar, and on the mobile apps, you can tap on the search button to […]
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xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia, AMD, and others participated. Kingdom Holdings, the Saudi conglomerate holding company, invested roughly $400 million […]
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Once a startup has raised its seed round, the perennial question becomes how much should the founders pay themselves and their first few employees? Kruze Consulting, a CPA firm that specializes in venture-backed startups, recently analyzed average salary ranges for over 450 seed-stage startups and shared that data with TechCrunch. The following averages are based […]
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AMD has its work cut out for it at CES 2025. Competitor Nvidia has been sucking the oxygen out of every room it graces, as the chipmaker remains at the forefront of the AI boom. So, how will AMD compete with Nvidia’s reported RTX 5000 announcement? The company should show of its own next-gen GPU. […]
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A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.
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A year after Onyx Motorbikes owner James Khatiblou died suddenly, leaving customers with unfulfilled orders and millions in unpaid debts, the brand has been revived by its original founder. “I’m excited to announce I have resurrected my original brand Onyx with incredible backers!” founder Tim Seward wrote in a LinkedIn post on Monday. “Onyx is […]
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Sony knows how to put on a show at CES. The company’s pressers are high octane, star-studded affairs, as these things go. In addition to standard Sony fare like TVs and audio systems, there’s always a curve ball or two, be it a car, a drone, or a “Gran Turismo” movie. That’s one of the […]
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OpenAI has recently explored building its own humanoid robot, according to The Information. The report cites “two people with direct knowledge” of those conversations. The ChatGPT maker has been involved in the space for some time now, by way of financial backing. It has thus far invested in Figure and 1X, along with the “general […]
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In an era where it’s become tougher to raise venture capital, many companies have turned to non-dilutive, Revenue-Based Financing (RBF) as an alternative. As a result, plenty of startups have risen to meet that challenge, none more so than in the MENA region, which has taken to the model like a duck to water. The […]
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People with chronic kidney disease, or those at risk of heart failure, are greatly affected by potassium imbalances in the body. These can even be life-threatening. While wearable glucose monitors are now commonplace and have transformed the lives of diabetes patients, potassium monitoring is in its infancy as it’s hard to do. Now, startups are […]
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Lux, which makes the iPhone camera app Halide, published a roadmap on Monday detailing the app’s next version, called Halide Mark III, to be released sometime next year. The company said Halide Mark III will ship with two new features: Color Grades, and its own take on HDR (High Dynamic Range) photos. The company plans […]
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Hyundai said Monday it will send customers who have bought or leased an EV before January 31 a free charging adapter that will let them access Tesla’s supercharging network. The Hyundai-authorized adapter will give CCS-port-equipped Hyundai EV drivers access to more than 20,000 Tesla Superchargers in the United States, according to Hyundai. Free adapters will […]
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Last month, AI founders and investors told TechCrunch that we’re now in the “second era of scaling laws,” noting how established methods of improving AI models were showing diminishing returns. One promising new method they suggested could keep gains was “test-time scaling,” which seems to be what’s behind the performance of OpenAI’s o3 model – […]
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xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing (97 participated, but the document doesn’t reveal their identities). xAI later announced (confirming some earlier reporting) that Andreessen Horowitz , Blackrock, Fidelity, Kingdom Holdings, […]
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Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. According to VC firm Balderton Capital and Dealroom, 25% of VC funding into the region — approximately $13.7 billion — went to AI startups this year, compared to 15% four years ago, resulting […]
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Coralogix, the well-funded observability platform, on Monday announced that it has acquired Aporia, a startup that focuses on giving businesses tools to observe and secure their AI workloads, as well as set guardrails for them to avoid hallucinations or unintended disclosures. As part of this acquisition, Coralogix will launch a dedicated AI research center, Coralogix […]
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The first Juniper fund is $10.6 million and is oversubscribed.
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The company's co-founder confirmed the shutdown in a LinkedIn post.
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Japanese car giants Honda and Nissan are working out the details of a major merger that could create the world’s third-largest automaker, as the companies look to survive in an industry faced with uncertainty. The Tesla-led shift towards electric vehicles, and China’s increased importance in the automotive market, have companies like Honda and Nissan feeling […]
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Elon Musk's AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users until now.
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X is raising prices for its top-tier subscription service by 37.5%, marking the largest price increase since the platform’s acquisition by Elon Musk in 2022. The Premium+ service will cost $22 monthly in the U.S., up from $16, effective December 21, according to a company statement. Annual subscriptions will increase to $229 from $168. X […]
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Incoming president Donald Trump has confirmed reports that Sriram Krishnan, until recently a general partner at Andreessen Horowitz (a16z), will serve as senior policy advisor for AI at the White House Office of Science and Technology Policy. Trump said in a statement that Krishnan will “help shape and coordinate AI policy across government, working with […]
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Two big defense tech players, Palantir and Anduril, are talking to tech companies including SpaceX, OpenAI, Saronic, and Scale AI about forming a consortium to bid on Pentagon contracts, according to a report in the Financial Times. The goal, the FT says, is to challenge the dominance of “prime” defense contractors like Lockheed Martin, Raytheon, […]
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With a US TikTok ban scheduled to take effect in less than a month, President-elect Donald Trump said Sunday that he’d like to keep the app around, according to Reuters. “We’re going to have to start thinking because, you know, we did go on TikTok, and we had a great response with billions of views, […]
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OpenAI announced a new family of AI reasoning models on Friday, o3, which the startup claims to be more advanced than o1 or anything else it’s released. These improvements appear to have come from scaling test-time compute, something we wrote about last month, but OpenAI also says it used a new safety paradigm to train […]
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Autonomous vehicle technology and electrification startups were once the darlings of the VC and corporate world. The two technologies promised billions of dollars in revenue — and a new pathway for automakers to make money beyond building and selling cars. Those VC-money-printing days have been over for AVs for a while now, with a few […]
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There’s been a lot of reporting in recent months around Apple’s efforts to expand its footprint in customers’ homes with in-development products like a wall-mounted smart home hub. According to a new report in Bloomberg, that strategy could also include a smart doorbell. This doorbell would use Apple’s FaceID technology to scan people’s faces as […]
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LLM models are already capable of diagnosing scientific outputs, but, until now, had “no physical agency to actually perform" experiments.
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OpenAI’s efforts to develop its next major model, GPT-5, are running behind schedule, with results that don’t yet justify the enormous costs, according to a new report in The Wall Street Journal. This echoes an earlier report in The Information suggesting that OpenAI is looking to new strategies as GPT-5 might not represent as big […]
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Welcome back to Week in Review. This week, we’re looking at OpenAI’s last — and biggest — announcement from its “12 Days of OpenAI” event; Apple’s potential entrance into the foldable market; and why Databricks is choosing to wait to go public. Let’s get into it. P.S. We’re off for the holidays! Week in Review […]
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Google has offered up its own proposal in a recent antitrust case that saw the US Department of Justice argue that Google must sell its Chrome browser. US District Court Judge Amit Mehta ruled in August that Google had acted illegally to maintain a monopoly in online search, with the DOJ then proposing a number […]
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Climate tech is about a decade old, and people are itching for a rebrand.
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Sam Altman dismissed what he called a "conspiracy theory" from a16z co-founder Marc Andreessen.
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Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch. The company told employees they are being locked out of Canoo’s systems at the end of the day Friday, according to the […]
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Google said Friday that the company is expanding Gemini’s latest in-depth research mode to 40 more languages. The company launched the in-depth research mode earlier this month, allowing Google One AI premium plan users to unlock an AI-powered research assistant of sorts. The in-depth function works in a multi-step method, from creating a research plan […]
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OpenAI saved its biggest announcement for the last day of its 12-day “shipmas” event. On Friday, the company unveiled o3, the successor to the o1 “reasoning” model it released earlier in the year. o3 is a model family, to be more precise — as was the case with o1. There’s o3 and o3-mini, a smaller, […]
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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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OpenAI is in the holiday spirit, it seems. The ChatGPT series of reveals, called “12 Days of OpenAI,” will be streamed live at 10 a.m. PT each weekday through December 20. So far, we’ve seen the launch of ChatGPT Pro, OpenAI’s $200 per month subscription plan; the full version of its “reasoning” o1 model; the […]
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There is a new venture fund in town. Swizzle Fund, founded by Jessica Kamada, former COO of the marketing agency Bamboo, has raised just a little more than $5 million for its Fund I, according to an SEC filing. There was no target raise amount. The firm, which quietly opened in 2023, is an early-stage […]
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Lerer Hippeau, one of New York's most prolific and A-list VC firms, has filed to raise its ninth fund, according to an SEC filing made Wednesday.
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AI creates a dilemma for companies: Don’t implement it yet, and you might miss out on productivity gains and other potential benefits; but do it wrong, and you might expose your business and clients to unmitigated risks. This is where a new wave of “security for AI” startups come in, with the premise that these […]
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Robin Capital — the Germany-based, Solo GP-led VC fund by former entrepreneur Robin Haak — has hit its final close of ‘Robin Fund One’ at €13 million. Combined with its additional growth-focused investment vehicle of €2m, the fund now has a total of €15 million to play with. In the realm of European Solo GPs, […]
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The writing was on the wall, seemingly. Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics […]
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Rapido restricted access to the exposed portal soon after TechCrunch contacted the company.
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OpenAI CEO Sam Altman sat before Congress in 2023 to testify about the dangers of AI. He told American lawmakers at the time that he owns no equity in OpenAI, something he’s said many times, claiming he just runs the company because he loves it. However, Altman recently said he actually did have some equity […]
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AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as […]
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Logistics is the name of the game during the holiday season: Companies that can seal the deal and get people and things to the places they need to be, on time, rake it in this time of year. But behind that demand lies a huge amount of inefficiency and fragmentation. Are logistics businesses ready for […]
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A new app called Tapestry promising to unify social media, news, and RSS in one place, is nearing completion. Designed by Iconfactory, the same team that created the third-party Twitter client Twitterific back in the day, Tapestry was unveiled at the beginning of the year as a tool that could better organize today’s fragmented online […]
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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. This will be the last newsletter of 2024! But don’t worry, we’ll be back in 2025 — sign up here to get it in your inbox every week. Thank you for reading and your emails. I love […]
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Instagram head Adam Mosseri is teasing upcoming generative AI features for the social app that will allow creators to “change nearly any aspect” of their videos using text prompts. The editing tools will be powered by Meta’s Movie Gen AI model, and are expected to launch on the social network sometime next year, Mosseri said […]
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Founders now have a way to ensure that their investors haven’t taken money from countries like China, Russia, Iran or Cuba. Over 20 venture firms have signed the Clean Capital Certification, attesting that they have not and will not take money from foreign adversaries. Some of the firms that have signed include Marlinspike Partners, Humba […]
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Digital bank Chime has reportedly filed its confidential IPO paperwork with the SEC, with an eye toward a 2025 debut.
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It took a lot more than the initially slated few weeks to arrive, but a pivotal privacy decision that’s been hanging over Sam Altman’s World (aka Worldcoin) for months has finally landed, via a late December decision from the Bavarian data protection authority enforcing the bloc’s General Data Protection Regulation (GDPR), a comprehensive privacy framework […]
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Integrating quantum computing into real-world computer applications is an ongoing problem, as the platforms are architected fundamentally differently. BlueQubit, a San Francisco-based quantum software startup founded by Stanford alumni, thinks it might have the answer. Its Quantum Software as a Service (QSaaS) platform attempts to tackle the above problem by providing end-users with access to […]
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Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn, signaling that investors are being more selective when striking deals. The number of startup funding rounds fell to 1,448 compared to 2,114 last year, but overall funding rose 6% to $11.3 billion — the […]
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Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as in other parts of the world, SMEs in Southeast Asia face challenges when it comes to sufficient working capital. In a nutshell, SMEs are typically deemed too risky for traditional banks […]
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Internal guidelines passed down from Google led to concerns that the AI model could be prone to inaccurate outputs on topics like healthcare.
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Struggling EV startup Canoo says it has furloughed 82 employees and is idling its factory in Oklahoma while it grasps for the capital needed to survive. The company claims it is in “advanced discussions with various capital sources” to raise emergency funding. The announcement comes just a few days after board member James Chen resigned, […]
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AI models can deceive, new research from Anthropic shows — pretending to have different views during training when in reality maintaining their original preferences. There’s no reason for panic now, the team behind the study said. Yet they said their work could be critical in understanding potential threats from future, more capable AI systems. “Our […]
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Just five months after launching a $100 million fund, Menlo Ventures and Anthropic have backed their first 18 startups. And are looking for more.
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Social magazine app maker Flipboard is reinventing itself for the new era of the open social web. While the company’s original app allowed users to collect content from blogs, news websites, and traditional social media services like Facebook and Twitter in order to create curated magazines, its new app called Surf, launching into invite-only beta […]
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A lot of YouTube videos have flashy, misleading titles and thumbnails, such as “BREAKING NEWS” or “The president steps down,” to bait the user into watching the video, which has non-related content. YouTube said Wednesday that it is now cracking down on such videos — especially if videos with topics breaking news or current events […]
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Once, not long ago, booking a table at a hot new restaurant didn’t entail a midnight dash to Resy. Truly, we didn’t know how good we had it then. Hours-long lines out the door are now the norm, not the exception, in major cities from New York to Los Angeles. One reason is that restaurants […]
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Meta’s social network Threads is experimenting with a feature that will let you schedule posts, Instagram head Adam Mosseri said. Users who will get to test this feature won’t be able to schedule replies. “We want to balance giving people more control to plan their Threads posts while still encouraging real-time conversations,” he said. People […]
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Databricks just closed one of the largest funding rounds ever, raising a staggering $10 billion in fresh capital. Naturally, technology investors were quick to ask what this means for the company’s highly anticipated IPO. During an event in San Francisco on Tuesday night, Databricks CEO Ali Ghodsi explained why he’s waiting until at least 2025 […]
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Shares in digital payments firm MobiKwik surged 82% to ₹507.5 ($6) on their first day of trading, as the Indian fintech company made its market debut amid fierce competition from larger rivals. The listing pushed MobiKwik’s market value to $464 million, well above its initial target of $250 million for the public offering. This remains […]
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The US government is calling on a Perplexity executive to help make its case that Google is a monopolist.
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Cloud software giant Salesforce looks to hire thousands of new sales people to sell its AI tools to customers. The company plans to hire 2,000 new sales representatives, according to CNBC, which cited remarks from CEO Marc Benioff at a company event Tuesday. This doubles the hiring plans that Benioff told Bloomberg last month. Benioff […]
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A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.
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It’s been a wild week for investors clawing their way into Databricks' record-breaking $10 billion fund raising, one of the VCs told TechCrunch.
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OpenAI is bringing o1, its “reasoning” AI model, to its API — but only for certain developers to start. Starting today, o1 will begin rolling out to devs in OpenAI’s “tier 5” usage category, the company said. To qualify for tier 5, developers have to spend at least $1,000 with OpenAI and have an account […]
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OpenAI is in the holiday spirit, it seems. The ChatGPT series of reveals, called “12 Days of OpenAI,” will be streamed live at 10 a.m. PT each weekday through December 23. So far, we’ve seen the launch of ChatGPT Pro, OpenAI’s $200 per month subscription plan; the full version of its “reasoning” o1 model; the […]
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With cloud spend continuing to surge, tech companies are scrambling to meet demand for the necessary infrastructure, with the growing need for AI compute only adding fuel to the fire. By way of example, Microsoft and BlackRock have created a $30 billion fund to support new data centers and energy infrastructure for the burgeoning AI […]
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The U.K. government is consulting on an opt-out copyright regime for AI training that would require rights holders to take active steps if they don’t want their intellectual property to become free AI training fodder. The rise of generative AI models that are trained on vast quantities of data has brought intellectual property concerns to […]
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Google has changed its terms to clarify that customers can deploy its generative AI tools to make “automated decisions” in “high-risk” domains, like healthcare, so long as there’s a human in the loop. According to the company’s updated Generative AI Prohibited Use Policy, published on Tuesday, customers may use Google’s generative AI to make “automated […]
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Google on Tuesday announced support for third-party tools in Gemini Code Assist, its enterprise-focused AI code completion service. Code Assist launched in April as a rebrand of a similar service Google offered under its now-defunct Duet AI branding. Available through plug-ins for popular dev environments like VS Code and JetBrains, Code Assist is powered by Google’s Gemini […]
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A startup out of Turkey that has built a hit casual mobile game where you have to find cats in Where’s Wally-style drawings of increasing complexity has found something else: $18 million in funding. Agave Games, the creator of Find the Cat, will be using the Series A to build out the team and to […]
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Alphabet’s CapitalG-backed Aye Finance, a lender focused on India’s micro, small, and medium enterprises, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors, with proceeds aimed at expanding the […]
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Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service products. Hexa usually comes up with the ideas […]
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Tyme Group, a South African-born fintech operating in the African country and the Philippines, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion. The funding was led by Nu Holdings (which owns NuBank), Latin America’s most valuable fintech, which invested $150 million for a 10% stake. M&G Catalyst Fund […]
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Meta’s X rival Threads is growing steadily with more than 100 million people using the service daily, the company’s CEO Mark Zuckerberg said Monday. Zuckerberg also noted that Threads now has 300 million monthly active users, up from 275 million monthly active users in November. While Meta has regularly released updated numbers about monthly active […]
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Waymo will begin testing its autonomous vehicle technology in Tokyo in early 2025, the first time the Alphabet company’s robotaxis have driven on public roads outside the U.S. The move to Japan is part of Waymo’s so-called “road trips,” a development program that involves bringing and testing its technology in a variety of cities — […]
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The Canadian AI startup has quietly partnered with Palantir to put Cohere's models in use with unnamed Palantir customers.
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Jay-Z’s venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holding’s investment arm Pendulum Opportunities, to form MarcyPen Capital Partners, a MarcyPen spokesperson confirmed to TechCrunch. The newly formed MarcyPen Capital Partners has $900 million in assets under management, according to Pitchbook. MarcyPen’s spokesperson declined to comment further on the […]
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Colin Angle, one of the co-founders of Roomba maker iRobot, is raising cash for a home robotics venture. A filing with the U.S. Securities and Exchange Commission reveals that Angle’s new company, Familiar Machines & Magic, is trying to raise $30 million. So far, it has raised $15 million from a group of eight investors. […]
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Google says that it’ll soon begin to allow YouTube creators and rightsholders to let third-party companies including OpenAI, Apple, and Meta to use their videos to train AI models. “Over the next few days, creators and rights holders can choose to allow third-party companies to use their content to train AI models directly in Studio […]
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YouTube on Monday announced it will give creators more choice over how third parties can use their content to train their AI models. Starting today, creators and rights holders will be able to flag for YouTube if they’re permitting specific third-party AI companies to train models on the creator’s content. From a new setting within […]
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Meta’s Ray-Ban Meta smart glasses are getting several new AI-powered upgrades, including the ability to have an ongoing conversation and translate between languages. Ray-Ban Meta owners in Meta’s early access program for the U.S. and Canada can now download firmware v11, which adds “live AI.” First unveiled this fall, live AI lets wearers continuously converse […]
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Twitter alternatives — new and old — have found audiences willing to try out a newer social networks since Elon Musk took over the company in 2022. Mastodon, Bluesky, Spill and T2 are some of the social media platforms people are among them. So is Meta’s Threads platform. What is Threads? How do you create […]
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The company's spyware, dubbed Graphite, is capable of hacking phones and stealing private communications.
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Ireland’s media regulator has put social media giant Meta on watch over terrorist content takedowns again — it issued a decision against Facebook on Monday. The Coimisiún na Meán said the tech giant would have to take “specific measures” to prevent its services from being used for the dissemination of terrorist content and report back […]
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Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant discount from the $1.4 billion BlackBerry paid to acquire the startup in 2018. Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million […]
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Amnesty said it found NoviSpy, an Android spyware linked to Serbian intelligence, on the phones of several members of Serbian civil society following police stops.
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While I have fond memories of past efforts to combine VR content with real-world locations, I’d assumed the pandemic had put those ambitions to an end. If I wanted VR in 2024, I thought I’d have to buy a headset, and it would be a largely solitary experience at home or in the office — […]
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A speaker at the annual NeurIPS AI conference has drawn criticism — not for her opinions about AI, but the way she referred to a Chinese student. During her keynote presentation on “How to optimize what matters most,” MIT Media Lab Professor Rosalind Picard (pictured above) included a slide quoting an excuse given by a […]
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Regardless of how they're defined, the agents are for helping complete tasks in an automated way with as little human interaction as possible.
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The next big upgrade to Apple’s mobile devices could be foldability, according to multiple reports published Sunday. According to The Wall Street Journal, Apple is aiming to launch two foldable devices in the next few years. There’s a larger model with a 19-inch screen that could compete with desktop monitors, as well as a smaller […]
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State officials said hundreds of thousands of Rhode Island residents could be affected by a cyberattack on the state’s online portal for social services, with a “high probability” that personally identifiable information was breached. According to an update from Governor Dan McKee’s office, the attack targeted RIBridges, which Rhode Island residents use to apply for […]
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Welcome back to Week in Review. This week, we’re looking at GM’s decision to pull out of the robotaxi business, Google alluding to the existence of multiple universes, and how you can make some serious cash by getting an AI bot to fall in love with you. Let’s get into it. General Motors will no […]
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Facebook’s parent company Meta is supporting Elon Musk’s effort to block OpenAI’s conversion from a non-profit company into a for-profit one. As reported by The Wall Street Journal, Meta sent a letter to California Attorney General Rob Bonta arguing that allowing the shift would have “seismic implications for Silicon Valley.” And while the company asked […]
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World models, also known as world simulators, are being touted by some as the next big thing in AI. AI pioneer Fei-Fei Li’s World Labs has raised $230 million to build “large world models,” and DeepMind hired one of the creators of OpenAI’s video generator, Sora, to work on “world simulators.” (Sora was released on […]
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Arlan Hamilton, founder of Backstage Capital, announced Friday that her role at the firm she started in 2015 will evolve. “After 12 years of being deeply involved in the day-to-day operations, I’ve decided to transition into a chairperson and advisory position,” she wrote in a statement released online. She was previously a managing partner at […]
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What scared him most was what some said about the government’s role in AI, and what he described as a young staff who were “out for blood. ”
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XAI, Elon Musk’s AI company, may be embroiled in an escalating lawsuit with OpenAI. But that’s not stopping it from shipping new products — on a Friday night, no less. This evening, xAI revealed that it has begun to roll out an upgraded version of its flagship Grok 2 chatbot model to all users on […]
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OpenAI co-founder Ilya Sutskever spoke on a range of topics at NeurIPS, the annual AI conference, before accepting an award for his contributions to the field. Sutskever gave his predictions for “superintelligent” AI, AI more capable than humans at many tasks, which he believes will be achieved at some point. Superintelligent AI will be “different, […]
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A former OpenAI employee, Suchir Balaji, was recently found dead in his San Francisco apartment, according to the San Francisco Office of the Chief Medical Examiner. In October, the 26-year-old AI researcher raised concerns about OpenAI breaking copyright law when he was interviewed by The New York Times. “The Office of the Chief Medical Examiner […]
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Telegram launched a new page touting its moderation efforts, which have spiked since its founder's arrest.
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Kalshi’s CEO, Tarek Mansour, confirmed on a podcast interview that his employees did ask social media influencers to promote memes about the FBI’s raid on the home of his arch rival, the CEO of Polymarket. Both of these companies offer competing events-betting markets, a new kind of betting industry where people wager about the outcomes […]
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Electric vehicle charging startup EVgo is the latest company to secure funds from the U.S. Department of Energy as the Biden administration races to approve clean energy loans before Donald Trump takes over. Trump has promised to cancel any unspent funds from Biden’s bipartisan Inflation Reduction Act, including the $7,500 tax credit for new EV […]
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The Trump transition team wants to end a federal rule requiring automakers to report crashes when advanced driver-assistance or autonomous driving technology is engaged, Reuters reports. Federal safety agencies would lose the ability to investigate and regulate the safety of vehicles with automated-driving systems should the rule — which went into effect in 2021 — […]
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OpenAI CEO Sam Altman and Jeff Bezos’ Amazon plan to donate $1 million each to President-elect Donald Trump’s inaugural fund, according to reports from Fox and the Wall Street Journal. TechCrunch has confirmed Altman’s plans to personally commit the money, which is not coming directly from OpenAI. The donations from the billionaires follow plans by […]
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Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD. Per Bloomberg, the round values Liquid AI at over $2 billion. Liquid AI aims to build general-purpose AI systems powered by a relatively new type of AI model called a liquid neural network. Liquid […]
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Syndicate One is a debut investment firm out of Belgium that has raised a €6.5 million fund to back Belgian founders and startups. While the amount is small, the significance is that it is the first Belgian fund to have the support of all four of the federal regions of the country. This, in a […]
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Texas Attorney General Ken Paxton on Thursday launched an investigation into Character.AI and 14 other technology platforms over child privacy and safety concerns. The investigation will assess whether Character.AI — and other platforms that are popular with young people, including Reddit, Instagram and Discord — conform to Texas’ child privacy and safety laws. The investigation […]
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With disinformation on the rise, especially given the explosion of AI, companies are just as vulnerable to its effects as individuals. Refute is a London-based startup that detects and responds to disinformation on behalf of these commercial entities. It’s now raised a £2.3 million ($2.9 million) pre-seed round led by UK investors Playfair and Episode 1. […]
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Microsoft has announced the newest addition to its Phi family of generative AI models. Called Phi-4, the model is improved in several areas over its predecessors, Microsoft claims — in particular math problem solving. That’s partly the result of improved training data quality. Phi-4 is available in very limited access as of Thursday night: only […]
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Meta is open sourcing a method to watermark AI-generated videos. Called Meta Video Seal, the company says it's robust against compression and edits.
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Gemini is Google’s long-promised, next-gen generative AI model family.
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Late-stage deals in space have been on the decline this year, but one notable exception is Fleet Space Technologies’ $100 million Series D. The Adelaide, Australia-based startup raised the new funding to accelerate the development of ExoSphere, a platform to enable real-time mineral prospecting from space. The company currently has two satellites in low Earth […]
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Roundabouts. They trapped Clark Griswold in National Lampoon’s European Vacation and now they’ve tripped up a Waymo robotaxi. A video is circulating on social media showing a Waymo robotaxi going round and round on a roundabout — as if it is stuck in a loop. A Waymo spokesperson told TechCrunch there were no passengers onboard […]
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Cap table management firm Carta is under fire from some founders who say cancelling their subscriptions is too hard.
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OpenAI is in the holiday spirit, it seems. The ChatGPT series of reveals, called “12 Days of OpenAI,” will be streamed live at 10 a.m. PT each weekday through December 23. So far, we’ve seen the launch of ChatGPT Pro, OpenAI’s $200 per month subscription plan, the full version of its “reasoning” o1 model, the […]
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Google has ended a test in which it was returning basic “blue link” search results for hotel-related searches in a handful of markets in the European Union, in response to compliance complaints related to the bloc’s Digital Markets Act (DMA). These blue links appeared instead of visually richer results, where its search engine will display […]
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The coalition, which is organized by Acadia, is seeking to invest $9 billion to build 5 gigawatts worth of renewable power.
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Humba Ventures is a sister-firm to Susa Ventures, the seed-stage firm that has backed companies like Robinhood, Human Interest and Flexport.
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Google is slowly peeling back the curtain on its vision to, one day, sell you glasses with augmented reality and multimodal AI capabilities. The company’s plans for those glasses, however, are still blurry. At this point, we’ve seen multiple demos of Project Astra — DeepMind’s effort to build real-time, multimodal apps and agents with AI […]
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Byte Federal, one of the largest Bitcoin ATM operators in the U.S., said the personal data of thousands of customers may have been compromised during a recent breach. In a filing with Maine’s attorney general, Florida-based Byte Federal said hackers tried to access the data of 58,000 customers, including names, addresses, phone numbers, government-issued IDs, […]
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Anybotics has closed its Series B round at $110 million, some 18 months after announcing it had raised a $50 million Series B.
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Upvest might not be a familiar name if you don’t pay close attention to the fintech industry, but chances are you’ve already interacted with the company’s products. Founded by Martin Kassing (pictured above), the Berlin-based startup builds a white-label investment platform that is used by some of the biggest fintech companies in Europe. Upvest clients […]
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Laam, a curated online fashion marketplace based in Pakistan, has raised $5.5 million in a seed round to take South Asian fashion to the world.
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OpenAI says ChatGPT, Sora, and its developer-facing API are experiencing a major outage, according to the company’s status page. The company says it’s identified a pathway to recovery and is working on a fix as of 4:55pm PT Wednesday evening, but the service is still down as of the time of writing. The services have […]
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SolarSquare has raised $40 million in what is the largest venture round in India’s solar sector. The Mumbai-based startup bootstrapped and was profitable selling to corporate customers for five years before switching to residential solar in 2021. Now it has scaled to powering over 20,000 homes and 200 housing societies across India, and is India’s […]
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GM’s decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company’s minority investors. Microsoft, which in 2021 made an investment into Cruise, will take $800 million impairment charge as a result of GM’s actions, according to a regulatory filing. Microsoft said the charge will be […]
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University endowments could be taxed much higher under Trump. That may harm VCs, an investor warns.
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Hyundai’s electric vertical takeoff and landing startup Supernal is shifting its global headquarters from Washington, D.C. to Irvine, California and asking around three dozen of workers to relocate, TechCrunch has learned. The company told TechCrunch about 5% of its total workforce — roughly 35 to 40 people — are being asked to relocate to California. […]
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OpenAI has never revealed exactly which data it used to train Sora, its video-generating AI. But from the looks of it, at least some of the data might’ve come from Twitch streams and walkthroughs of games. Sora launched on Monday, and I’ve been playing around with it for a bit (to the extent the capacity […]
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Apple is working with semiconductor company Broadcom on its first server chip designed to handle AI applications, according to The Information, which cited three people with knowledge of the project. Apple is known for designing its own chips – called Apple Silicon and primarily manufactured by TSMC – for its devices. But those chips weren’t […]
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Linux Foundation has launched its India entity to boost open-source contributions from the South Asian nation, the second largest developer base after the U.S.
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Lumen Orbit, a startup looking to build data centers in space, was able to close its recent seed round in mere days amid intense investor interest. The Redmond, Washington-based company closed on a $11 million seed round at a $40 million valuation, confirming prior TechCrunch reporting that the company had raised a competitive double-digit round […]
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Peak XV and HongShan, the Indian and Chinese investment firms that split from powerhouse Sequoia last year, have co-led a $10 million seed investment in KAST, a dollar-denominated neobank-like platform that lets customers hold and spend stablecoins through traditional payment avenues. Kast also issues credit cards that work with standard merchant networks, enabling users to […]
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Andrew Ferguson, one of two Republican FTC commissioners appointed by U.S. President Joe Biden, will be the country’s next FTC chair, incoming president Donald Trump Tuesday on social media. The news is being met with relief in some circles. Current FTC Chair Lina Khan was blamed by many in Silicon Valley for a dearth of […]
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