Tuesday, May 28, 2024

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

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

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Anthropic hires former OpenAI safety lead to head up new team

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

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A comprehensive list of 2024 tech layoffs

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

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

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

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

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

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

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

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Monday, May 27, 2024

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

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

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Ledger starts shipping its high-end hardware crypto wallet

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

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LatAm startups: Apply to Startup Battlefield 200

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

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

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

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