Wednesday, September 11, 2024

Drama at OpenWeb, as a new CEO is announced – and the founding CEO says he’s staying

OpenWeb, a New York startup whose tools help publishers engage users, has a unique problem. Its co-founding CEO reportedly won’t leave, even though it announced a new CEO. According to CTech, on Tuesday, OpenWeb’s chairman, Tim Harvey, sent an email to employees, saying he’s becoming CEO and thanking longtime CEO Nadav Shoval for his “incredible […]

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Adam Neumann’s crypto comeback company is reportedly refunding investors

In a development that will surprise few, former WeWork CEO Adam Neumann’s climate/crypto/carbon-credit startup Flowcarbon appears to be in the process of curling up to die, Forbes reported today. Buyers of its “Goddess Nature Token,” pitched as the first step in putting carbon credits on the blockchain, have reportedly been contacted about receiving refunds over […]

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LineLeap lets users pay to skip the line at bars

No one likes standing in line. I was reminded of just how awful the experience can be last Saturday, while being herded like cattle through a two-hour queue for a nightclub in unseasonably cold weather. I’d not soon repeat the experience. Fortunately, there’s a startup for that. LineLeap, backed by Y Combinator, lets people pay […]

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Amazon starts testing ads in its Rufus chatbot

Rufus, Amazon’s recently launched, shopping-focused chatbot, is getting ads soon. That’s according to a changelog published by Amazon this week (first spotted by AdWeek), which states that sponsored ads could soon start appearing in placements for Rufus users in the U.S. Ads will be shown based on Amazon search and conversational context, Amazon says, and […]

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YouTube Shorts’ collaborative Add Yours sticker is now available to all users

YouTube confirmed on Wednesday that its collaborative “Add Yours” sticker for YouTube Shorts is now fully rolled out. The Google-owned company first announced the feature back in July. The sticker works just like Instagram’s feature of the same name, as it prompts users to share their own take on a creator’s video. Both platforms’ “Add […]

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Mark Zuckerberg says he’s done apologizing

The home of the Golden State Warriors was packed on Tuesday evening this week, but it wasn’t to watch Steph Curry. Thousands of fans gathered at the Chase Center in downtown San Francisco to watch one of Silicon Valley’s biggest ballers, Meta CEO Mark Zuckerberg, sit down for a conversation with the hosts of the […]

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This Week in AI: OpenAI’s new Strawberry model may be smart, yet sluggish

Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. This week in AI, OpenAI’s next major product announcement is imminent, if a piece in The Information is to be believed. The Information reported on Tuesday that OpenAI plans to release Strawberry, an AI model that […]

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Tuesday, September 10, 2024

InMobi secures $100 million for AI acquisitions ahead of IPO

Adtech startup InMobi has raised $100 million in debt financing as the profitable Indian firm looks to “significantly deepen” its artificial intelligence initiatives and fund potential AI acquisitions ahead of a planned IPO next year.  Mars Growth Capital, a joint venture between MUFG and Liquidity Group, has financed the funding, InMobi said Wednesday. The investment […]

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Sergey Brin says he’s working at Google ‘pretty much every day’ on AI

Google co-founder and ex-Alphabet president Sergey Brin said he’s back working at Google “pretty much every day” because he hasn’t seen anything as exciting as the recent progress in AI — and doesn’t want to miss out. Brin revealed the tidbit in an interview during the All-In Summit in L.A. this week. Last year, several […]

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Senate leaders ask FTC to investigate AI content summaries as anti-competitive

A group of Democratic senators is urging the FTC and Justice Department to investigate whether AI tools that summarize and regurgitate online content like news and recipes may amount to anti-competitive practices. In a letter to the agencies, the senators, led by Amy Klobuchar (D-MN), explained their position that the latest AI features are hitting […]

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