Tuesday, July 30, 2024

Friend’s $99 necklace uses AI to help combat loneliness

AI hardware is all the rage in startup land — though receptions have thus far been mixed. Two notable examples, Rabbit and Humane, released devices to disappointing results. a16z-backed Limitless and Exor-backed Bee AI, meanwhile, are working on their own screenless AI wearables. Avi Schiffmann, a Harvard dropout who built a Webby Award-winning website tracking […]

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Egypt’s Cartona raises $8.1M even as investors pull back from B2B e-commerce in Africa

When Egyptian B2B e-commerce platform Cartona last raised money in 2022, global and local investors were eager to invest in African startups solving the supply chain and operational challenges for retailers and suppliers in the fast-moving consumer goods (FMCG) industry. Two years on, investors aren’t as enthused anymore as the business models of such startups, […]

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Qoo10’s CEO pledges personal assets worth $58M to compensate Korean merchants affected by its liquidity crisis

During an emergency hearing held by the South Korean government, Young-bae Ku, Qoo10's founder said he would secure the amount over the next 30 days.

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Zoe, a microbiome-focused nutrition company, raises $15 million to expand in the U.S.

Zoe sends customers at-home testing materials to collect blood or feces to test blood fat, blood sugar, and gut microbiome health. Following those results, the company scores every food (on a scale from 0 to 100), so people can make better choices of what to eat.

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TechCrunch Space: Catching stars

Hello, and welcome back to TechCrunch Space. In case you missed it, Boeing and NASA decided to keep Starliner docked to the International Space Station for the rest of the month. The agency is aiming to complete a key review in the first week of August, at which point they’ll make a decision on when […]


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Monday, July 29, 2024

Apple brings Apple Intelligence with iOS 18.1 dev beta, but there are a lot of limitations

Users will be able to get the first taste of Apple Intelligence as Apple has started to make some of the features of its AI suite available with the iOS 18.1 developer beta released Monday. The company launched Apple Intelligence at its Worldwide Developer Conference (WWDC) in June. However, the first set of developer beta […]

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Canva acquires Leonardo.ai to boost its generative AI efforts

Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to deepen its investments in its AI tech stack. The financial terms of the deal weren’t disclosed, but Canva co-founder and chief product officer Cameron Adams said it’s a mix of cash and stock. All of Leonardo.ai’s 120 employees will […]

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Lime is piloting two new e-bikes to attract more women and older riders 

Shared micromobility giant Lime is piloting two new vehicles designed to appeal to women and older folks who might appreciate a lower step-through frame, smaller wheels and an upgrade from pedal-assist. Lime has experimented with several new form factors over the years, something it can do because it designs and engineers its vehicles in-house. The […]

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U.S. Commerce Department report endorses ‘open’ AI models

The U.S. Commerce Department today issued a report in support of “open-weight” generative AI models like Meta’s Llama 3.1, but recommended the government develop “new capabilities” to monitor these models for potential risks. The report, authored by the Commerce Department’s National Telecommunications and Information Administration (NTIA), finds that open-weight models broaden generative AI’s availability to […]

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Apple says it took a ‘responsible’ approach to training its Apple Intelligence models

Apple has published a technical paper detailing the models that it developed to power Apple Intelligence, the range of generative AI features headed to iOS, macOS and iPadOS over the next few months. In the paper, Apple pushes back against accusations that it took an ethically questionable approach to training some of its models, reiterating […]

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Huang and Zuckerberg swapped jackets at SIGGRAPH 2024 and things got weird

A fireside chat on Monday between Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg at the SIGGRAPH 2024 conference in Colorado took a few unexpected turns. It started innocently enough, with Huang waxing positive about the capabilities of Nvidia GPUs and Zuckerberg speaking about his vision of an AI chatbot future. But by the […]

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Making AI models ‘forget’ undesirable data hurts their performance

So-called “unlearning” techniques are used to make a generative AI model forget specific and undesirable info it picked up from training data, like sensitive private data or copyrighted material. But current unlearning techniques are a double-edged sword: They could make a model like OpenAI’s GPT-4o or Meta’s Llama 3.1 405B much less capable of answering […]

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