Thursday, August 1, 2024

Connect with Google Cloud, Aerospace, Qualcomm and more at Disrupt 2024

TechCrunch Disrupt 2024 will be in San Francisco on October 28–30, and we’re already excited! Disrupt brings innovation for every stage of your startup journey, and we could not bring you this world-class event without our world-class partners. Take advantage of the opportunity to leverage the expertise and resources of some of tech’s leading companies. Their participation […]

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A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […]

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Intel to lay off 15,000 employees

Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a large plan to reduce spending by $10 billion in 2025, following a dismal second quarter earnings report and outlook. “Our revenues have not grown as expected – […]

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How filming a capella concerts and dance recitals led Northzone’s newest parter Molly Alter to a career in VC

Molly Alter wears a lot of hats. She’s a mockumentary film maker working on a project about an alternate reality where charades is big business. She’s a caesar salad connoisseur and documents her rankings of different restaurants’ attempts on a blog called JULIUS. She’s also Northzone’s newest partner. Alter’s path to venture capital was not […]

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Microsoft now lists OpenAI as a competitor in AI and search

Microsoft has a long and tangled history with OpenAI, having invested a reported $13 billion in the ChatGPT maker as part of a long term partnership. As part of the deal, Microsoft runs OpenAI’s models across its enterprise and consumer products, and is OpenAI’s exclusive cloud provider. However, the tech giant called the startup a […]

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Self-driving truck startup Aurora Innovation to sell up to $420M in shares ahead of commercial launch

Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races towards a driverless commercial launch by the end of 2024.  Aurora, which went public in 2021 through a special purpose acquisition merger, is pursuing a driver-as-a-service model, wherein carriers purchase trucks with the Aurora Driver tech on […]

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Google brings Gemini-powered search history and Lens to Chrome desktop

Google Thursday said that it is introducing new Gemini-powered features for Chrome’s desktop version, including Lens for desktop, tab compare for shopping assistance, and natural language integration for search history. Years after introducing and evolving Google Lens on mobile, the feature is finally coming to desktop. Rolling out to users across the world in the […]

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Wednesday, July 31, 2024

OpenAI pledges to give U.S. AI Safety Institute early access to its next model

OpenAI CEO Sam Altman says that OpenAI is working with the U.S. AI Safety Institute, a federal government body that aims to assess and address risks in AI platforms, on an agreement to provide early access to its next major generative AI model for safety testing. The announcement, which Altman made in a post on […]

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Meta says India is the largest market for Meta AI usage

WhatsApp’s massive 500 million user in India has supercharged Meta’s AI ambitions. Meta CFO Susan Li said Wednesday that India is the largest market in terms of Meta AI usage, a notable milestone considering the product launched in India just a few months ago. Li said during Meta’s second-quarter earnings call that people have used […]

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Founder behind social media app IRL charged with fraud

While venture capitalists and the rest of the technorati are off on holiday or attending the Paris Olympics, the U.S. Securities and Exchange Commission and its staff attorneys are keeping busy this summer.  For the second time this week — and at least the fourth time in the past several months — the SEC has […]

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Fintech Execs from Synctera, Unit, and Treasury Prime discuss the future of BaaS at TechCrunch Disrupt 2024 

The serious, long-term negative impact of the bankruptcy of banking-as-a-service (BaaS) fintech Synapse will be significant “on all of fintech, especially consumer-facing services,” one observer has said. In the wake of that company’s collapse, other startups in the space are working hard to prove that not all BaaS are created equal. As partners to fintechs, […]

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Google releases new ‘open’ AI models with a focus on safety

Google has released a trio of new, “open” generative AI models that it’s calling “safer,” “smaller” and “more transparent” than most — a bold claim, to be sure. They’re additions to Google’s Gemma 2 family of generative models, which debuted back in May. The new models, Gemma 2 2B, ShieldGemma and Gemma Scope, are designed […]

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