Monday, August 5, 2024

Secretaries of state urge X to stop its Grok chatbot from spreading election misinformation

Grok, not to be confused with the homophonic AI startup Groq that this morning raised over $600 million, spread false information about Vice President Kamala Harris on X, the social network formerly known as Twitter. That’s according to an open letter penned by five secretaries of state and addressed to Tesla, SpaceX and X CEO […]

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Lucid pumps $1.5B from Saudi wealth fund after CEO warned relying on its ‘bottomless wealth’ was ‘dangerous’

Saudi Arabia is committing even more money to Lucid Motors as the EV startup struggles to erase its losses. Lucid announced Monday as part of its second-quarter earnings report that an affiliate of the Saudi sovereign wealth fund is committing another $1.5 billion, with half coming in the form of a private placement and the […]

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Announcing the agenda for the AI Stage at TechCrunch Disrupt 2024

We’re so excited to announce that we’ve added a dedicated AI Stage presented by Google Cloud to TechCrunch Disrupt 2024. It joins Fintech, SaaS and Space as the other industry-focused stages — all under one big roof. We couldn’t possibly host TechCrunch Disrupt 2024 without a huge deep dive on all things artificial intelligence. So, […]

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YouTuber files class action suit over OpenAI’s scrape of creators’ transcripts

A YouTube creator is seeking to bring a class action lawsuit against OpenAI, alleging that the company trained its generative AI models on millions of transcripts from YouTube videos without notifying — or compensating — the videos’ owners. In a complaint filed last Friday in the U.S. District Court for the Northern District of California, […]

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TechCrunch Minute: The iPad was the surprising star of Apple’s sales numbers

For once, the iPad was the highlight of Apple’s latest sales numbers. The company said in its third quarter earnings report that iPad sales increased year-over-year, from $5.8 billion to $7.2 billion. The reason for that growth is probably new versions of the iPad Air and iPad Pro, which were announced in May. Turns out […]

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AWS launches Mithra to identify and mitigate malicious domains across its massive system

When a company is the size of Amazon, a lot of bad actors will come after it and its customers, which makes defending the network a monster job. Over the years Amazon has developed a number of strategies, from machine learning and monitoring tools to good old-fashioned phone calling to identify and reduce risks to […]

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TikTok Lite: EU closes addictive design case after TikTok commits to not bring back rewards mechanism

The European Commission has closed a Digital Services Act (DSA) investigation of a rewards feature in TikTok Lite by accepting commitments from the social media giant to permanently withdraw the feature from the EU. The TikTok Lite “task and reward” mechanism, launched in France and Spain earlier this year, lets users earn points for doing […]

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AI chip startup Groq lands $640M to challenge Nvidia

Groq, a startup developing chips to run generative AI models faster than conventional processors, said on Monday that it’s raised $640 million in a new funding round led by Blackrock. Neuberger Berman, Type One Ventures, Cisco, KDDI and Samsung Catalyst Fund also participated. The tranche, which brings Groq’s total raised to over $1 billion and […]

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Sunday, August 4, 2024