Tuesday, June 25, 2024

Monday, June 24, 2024

Connect Money scores $8M to enable non-bank businesses to offer embedded finance services

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Banking-as-a-service (BaaS) platforms are instrumental in driving access to digital financial services by introducing fintech capabilities to non-bank businesses. Multiple businesses are tapping these platforms to circumvent the need to build their own tech infrastructure and the bureaucratic processes of acquiring the requisite regulatory approvals to offer financial services including card payments and lending. Globally, […]

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Apple shelved the idea of integrating Meta’s AI models over privacy concerns, report says

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Days after the Wall Street Journal reported that Apple and Meta were in talks to integrate the latter’s AI models, Bloomberg’s Mark Gurman said that the iPhone maker was not planning any such move. Apple held talks with Meta about the possibility of a partnership when it was also talking with other companies. However, the […]

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TechCrunch Space: Building (and testing) for the future

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Hello and welcome back to TechCrunch Space. It’s becoming a habit to open each TechCrunch Space newsletter with a bit of an update on Boeing’s Starliner mission, so bear with me. Per NASA officials, the spacecraft will now return its two-person crew to Earth no earlier than June 26, instead of the originally planned date […]

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OpenAI buys a remote collaboration platform

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OpenAI is on an M&A tear. Days after acquiring database tech firm Rockset, OpenAI has purchased Multi (previously Remotion), a startup developing a enterprise-focused, video-first collaboration platform. A source familiar with the matter says that the deal is technically an acquihire and that most of Multi’s team — around five people — will join OpenAI […]

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Google is bringing Gemini access to teens using their school accounts

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Google announced on Monday that it’s bringing its AI technology Gemini to teen students using their school accounts, after having already offered Gemini to teens using their personal accounts. The company is also giving educators access to new tools alongside this release. Google says that giving teens access to Gemini, can help prepare them with the […]

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Prosus zeroes out 9.6% Byju’s stake

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Major investor Prosus has written off the worth of its 9.6% stake in edtech firm Byju’s to zero, signaling a loss of confidence in the once-most valued Indian startup. Prosus, the largest external investor in Byju’s, wrote off the startup “due to the significant decrease in value for equity investors,” it disclosed in its earnings […]

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Sunday, June 23, 2024

​​What Vinod Khosla Says He’s ‘Worried About the Most’

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Vinod Khosla is more popular than ever right now. The Sun Microsystems co-founder turned prominent investor — first at Kleiner Perkins and, for the last 20 years, at his venture firm Khosla Ventures — has always been sought after by founders thanks to his no-nonsense advice and his firm’s track record, including bets on Stripe, […]

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Meta makes its AI chatbot available to all users in India

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After a few months of testing during the general elections, Meta is making its Llama-3-powered AI chatbot available to all users in India. However, Meta AI currently only supports English and no other local languages. The company started testing Meta AI in India across WhatsApp, Instagram, Messenger, and Facebook in April by rolling it out […]

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Apple might partner with Meta on AI

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As Apple enters the AI race, it’s also looking for help from partners. During the announcement of Apple Intelligence earlier this month, Apple said it would be partnering with OpenAI to bring ChatGPT into the revamped version of Siri. Now, the Wall Street Journal reports that Apple and Facebook’s parent company Meta are in talks […]


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