Friday, July 5, 2024

Meet Brex, Google Cloud, Aerospace and more at Disrupt 2024

We’re about four months away from TechCrunch Disrupt 2024, taking place October 28 to 30 in San Francisco! We could not bring you this world-class event without our world-class partners — some of the startup ecosystem’s leading tech companies. Why? They show up armed with their expertise, educational resources and connections. They present sessions on […]

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Amazon faces more EU scrutiny over recommender algorithms and ads transparency

In its latest step targeting a major marketplace, the European Commission sent Amazon another request for information (RFI) Friday in relation to its compliance under the bloc’s rulebook for digital services. The development highlights areas where EU enforcers are dialling up their scrutiny of the ecommerce giant, with the bloc asking for more info about […]

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Quantum Rise grabs $15M seed for its AI-driven ‘Consulting 2.0’ startup

Quantum Rise, a Chicago-based startup which does AI-driven automation for companies like dunnhumby (a retail analytics platform for the the grocery industry), has raised a $15 million seed round from Erie Street Growth Partners. Its approach is somewhat akin to UIPath’s, a company famous for bringing robotic process automation to the enterprise, but with a […]

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YouTube’s updated eraser tool removes copyrighted music without impacting other audio

On July 4, YouTube released an updated eraser tool for creators so they can easily remove any copyrighted music from their videos without affecting any other audio such as dialogues or sound effects. YouTube chief Neal Mohan posted about the tool on X and said, “Good news, creators: our updated Erase Song tool helps you […]

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India’s Airtel dismisses data breach reports amid customer concerns

Airtel, India’s second-largest telecom operator, on Friday denied any breach of its systems following reports of an alleged security lapse that has caused concern among its customers. The telecom group, which also sells productivity and security solutions to businesses, said it had conducted a “thorough investigation” and found that there has been no breach whatsoever […]

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Thursday, July 4, 2024

Spain’s exposure to climate change helps Madrid-based VC, Seaya, close €300M climate-tech fund

According to a recent Dealroom report on the Spanish tech ecosystem, the combined enterprise value of Spanish startups surpassed €100 billion in 2023. In the latest confirmation of this upward trend, Madrid-based VC fund Seaya has closed Seaya Andromeda, an ‘Article 9’ €300 million climate-tech fund based out of Madrid. Article 9 refers to the EU’s Sustainable Finance […]

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Wednesday, July 3, 2024

Amazon retires its Astro for Business security robot after only 7 months

Amazon has decided to discontinue its Astro for Business device, a security robot for small—and medium-sized businesses, just seven months after launch.  In an email sent to customers and employees on Wednesday, provided to TechCrunch, the reason for putting Astro for Business on the shelf is a simple one: Amazon wants to focus on its […]

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This Week in AI: With Chevron’s demise, AI regulation seems dead in the water

Hiya, folks, and welcome to TechCrunch’s regular AI newsletter. This week in AI, the U.S. Supreme Court struck down “Chevron deference,” a 40-year-old ruling on federal agencies’ power that required courts to defer to agencies’ interpretations of congressional laws. Chevron deference let agencies make their own rules when Congress left aspects of its statutes ambiguous. […]

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TechCrunch Minute: YouTube makes it easier to report and take down AI deepfakes

It’s easier than ever to make a deepfake of another person’s voice or face, but at least YouTube is making some small changes that make it slightly easier to report a video that uses your likeness without consent. You can now submit YouTube takedown requests for deepfakes through the privacy request process, whereas in the […]

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Groups save big at TechCrunch Disrupt 2024

Planning to attend TechCrunch Disrupt 2024 with your team? Maximize your team-building time and your company’s impact across the entire conference when you bring your team. Groups of 4 to 9 save 15% on passes, and if you have a group of 10 or more, you can save 30%. Here’s a sneak peek at some […]

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Indian social network Koo to shut down

The Indian social media platform Koo, which sought to compete with Elon Musk’s X, is shutting down after acquisition talks with Dailyhunt fell through. Despite securing over $60 million in funding from prominent investors including Tiger Global and Accel, Koo faced significant challenges in expanding its user base and generating revenue over the past year. […]

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Altrove uses AI models and lab automation to create new materials

For the past couple of years, innovation has been accelerating in new materials development. And a new French startup called Altrove plans to play a role in this innovation cycle. The deep tech startup has already raised €3.7 million (around $4 million at current exchange rates). If you’re interesting in new materials development, you may […]

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Tuesday, July 2, 2024