Blockchain technology is all about decentralization and virtualization. So it’s a little ironic that humans love to come together in person at big blockchain events. Such was the case last week in Seoul, where a record 17,000 people and 300 speakers came together for Korea Blockchain Week. Like traditional tech conferences, the event featured a […]
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It’s looking increasingly likely that OpenAI will soon alter its complex corporate structure. Reports earlier this week suggested that the AI company was in talks to raise $6.5 billion at a $150 billion pre-money valuation. Now Reuters says the deal is contingent on whether OpenAI can restructure and remove a profit cap for investors. In […]
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Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies.
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Netflix has never quite cracked the talk show formula, but maybe it can borrow an existing hit from YouTube. According to Bloomberg, the streamer is in talks with BuzzFeed to create live episodes of the popular YouTube talk show “Hot Ones.” Netflix and BuzzFeed did not immediately respond to TechCrunch’s request for comment. The show […]
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Alex Parmley has been thinking about building his latest company, ORNG, since he was working on his last company, Phood. Launched in 2018, Phood was a payments app that let students use dining dollars to order food from third-party apps and merchants anywhere in the world. It built the first campus-integrated debit card and worked […]
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Lawyers representing Sam Bankman-Fried, the FTX CEO and co-founder who was convicted of fraud and money laundering late last year, are seeking a new trial. Following crypto exchange FTX’s collapse, Bankman-Fried was found guilty on all seven counts, then sentenced to 25 years in prison and ordered to pay $11 billion in forfeiture. He has […]
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OpenAI this week unveiled a preview of OpenAI o1, also known as Strawberry. The company claims that o1 can more effectively reason through math and science, as well as fact-check itself by spending more time considering all parts of a query. The family of models is available in ChatGPT and via OpenAI’s API, though OpenAI […]
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There’s something oddly refreshing about starting the day by solving the Wordle. According to DeepWell DTx, there’s a scientific explanation for why our brains might feel just a bit better after a quick break to play a game. In fact, DeepWell now has the FDA clearance to support its claim that video games can treat […]
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Soundiiz is a free third-party tool that builds portability tools through existing APIs and acts as a translator between the services.
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In early 2018, VC Mike Moritz wrote in the FT that “Silicon Valley would be wise to follow China’s lead,” noting the pace of work at tech companies was “furious” and that China offered “investment opportunities in the best companies.” Soon after, it all imploded. Worse, as the FT notes in a new piece, between […]
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Fei Fei Li, the Stanford professor many deem the “Godmother of AI,” has raised $230 million for her new startup, World Labs, from backers including Andreessen Horowitz, NEA, and Radical Ventures. World Labs is valued at over $1 billion, and the capital was raised over two rounds spaced a couple of months apart, TechCrunch reported […]
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The rise of neobanks has been fascinating to witness, as a number of companies in recent years have grown from merely challenging traditional banks to being massive players in and of themselves. Dave and Varo Bank are just two examples of such neobanks. Hear Dave co-founder and CEO Jason Wilk and Varo Bank founder and […]
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TuSimple, once a buzzy startup considered a leader in self-driving trucks, is trying to move its assets to China to fund a new AI-generated animation and video game business. The pivot has not only puzzled and enraged several shareholders, but also threatens to pull the company back into a legal morass mere weeks after reaching […]
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