Monday, June 3, 2024

Binit is bringing AI to trash

Early attempts at making dedicated hardware to house artificial intelligence smarts have been criticized as, well, a bit rubbish. But here’s an AI gadget-in-the-making that’s all about rubbish, literally: Finnish startup Binit is applying large language models’ (LLMs) image processing capabilities to tracking household trash. AI for sorting the stuff we throw away to boost […]

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Sunday, June 2, 2024

French startup ten ten finds viral success and controversy in reinventing walkie-talkies

Less than one year after its iOS launch, French startup ten ten has gone viral with a walkie talkie app that allows teens to send voice messages to their close friends — even when their phone is locked. 

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Unicorn-rich VC Wesley Chan owes his success to a Craigslist job washing lab beakers

While all of Wesley Chan's success has been well-documented over the years, his personal journey…not so much. Chan spoke to TechCrunch about the ways his life impacts how he invests in startups.

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Trump takes off on TikTok

Presumptive Republican presidential nominee Donald Trump now has an account on the short-form video app that he once tried to ban. Trump’s TikTok account, which launched on Saturday night, features just one post as of publication time on Sunday morning. In the video, UFC CEO Dana White declares, “The President is now on TikTok,” then […]

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Kobo’s new e-readers are a sidegrade most can skip (with one exception)

Kobo put out a handful of new e-readers a few weeks back: color versions of the excellent Libra 2 and Clara, as well as an updated monochrome version of the latter. But after testing them all out, I can say that for most users, there’s no reason to switch. First, the color editions. I’ve been […]

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Unity co-founder David Helgason’s next act: Gaming the climate crisis

In an interview at his home near Reykjavík, the entrepreneur-turned-VC shared thoughts on his ventures and the journey that led him from Unity to climate tech, a homecoming of sorts.

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Saturday, June 1, 2024

President Biden vetoes crypto custody bill

President Joe Biden has vetoed H.J.Res. 109, a congressional resolution that would have overturned the Securities and Exchange Commission’s current approach to banks and crypto. Specifically, the resolution targeted the SEC’s Staff Accounting Bulletin 121, which presents rules around how banks can handle customers’ crypto assets — in effect, they must treat those assets as […]

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VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market

VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to get into such deals at all. Yet, small, unknown investors, including family offices and high-net-worth individuals, have found their own way to get shares of the hottest […]

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Deal Dive: How (Re)vive grew 10x last year by helping retailers recycle and sell returned items

The fashion industry has a huge problem: Despite many returned items being unworn or undamaged, a lot, if not the majority, end up in the trash. An estimated 9.5 billion pounds of returns ended up in landfills in 2022 alone, according to data from return logistics software company Optoro. New York-based (Re)vive wants to help […]

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This Week in AI: Can we (and could we ever) trust OpenAI?

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

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