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Saturday, July 6, 2024
Tesla makes it onto Chinese government purchase list
For the first time, Chinese government workers will be able to purchase Tesla’s Model Y for official use. Specifically, officials in eastern China’s Jiangsu province included the Model Y in a government procurement list, which was also reported in the state-owned publication The Paper. As the only foreign-owned electric vehicle company on the list, Tesla’s […]
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Tokens are a big reason today’s generative AI falls short
Generative AI models don’t process text the same way humans do. Understanding their “token”-based internal environments may help explain some of their strange behaviors — and stubborn limitations. Most models, from small on-device ones like Gemma to OpenAI’s industry-leading GPT-4o, are built on an architecture known as the transformer. Due to the way transformers conjure […]
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Friday, July 5, 2024
Apple approves Epic Games’ marketplace app after initial rejections
After multiple rejections, Apple has approved Fortnite maker Epic Games’ third-party app marketplace for launch in the EU. As now permitted by the EU’s Digital Markets Act (DMA), Epic announced earlier this year it planned to bring both the digital storefront and its flagship game, Fortnite, back to iOS in Europe. However, on Friday, Epic […]
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OpenAI breach is a reminder that AI companies are treasure troves for hackers
There’s no need to worry that your secret ChatGPT conversations were obtained in a recently reported breach of OpenAI’s systems. The hack itself, while troubling, appears to have been superficial — but it’s reminder that AI companies have in short order made themselves into one of the juiciest targets out there for hackers. The New […]
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Space for newcomers, biotech going mainstream, and more
Welcome to Startups Weekly — TechCrunch’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Most interesting startup stories from the week Even seemingly crowded categories can see newcomers climb up the ranks. This includes social media: A new app called […]
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X plans to more deeply integrate Grok’s AI, app researcher finds
Elon Musk’s X is exploring more ways to integrate xAI’s Grok into the social networking app. According to a series of recent discoveries, X is developing new features like the ability to ask Grok about X accounts, use Grok by highlighting text in the app, and access Grok’s chatbot through a pop-up on the side […]
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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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