Tuesday, October 15, 2024

Concourse is building AI to automate financial tasks

In a typical organization, finance is one of the most important functions. Yet teams are often bogged down by manual workflows. According to a survey by Paylocity, an HR software provider, 38% of finance teams spend more than a fourth of their time on manual jobs, like reviewing invoices. Matthieu Hafemeister, an ex-fintech investor at […]

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India’s Reliance targets 2G users with $13 4G phones offering streaming, payments

Reliance’s digital arm, Jio Platforms, has launched two new 4G-enabled handsets that offer access to live TV, music and video streaming as well as host the ability to make digital payments – all for a price tag of 1099 rupees ($13). The JioBharat V3 and JioBharat V4, successors to last year’s JioBharat model, feature 1.77-inch […]

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Oura Ring 4 isn’t an Apple Watch replacement, but that’s not the point

Oura didn’t invent the smart ring category. It did, however, make all that came before it effectively obsolete. The category dates back more than a decade; TechCrunch wrote about an NFC ring in 2013. The Motiv Ring is of far more recent vintage, but it ultimately struggled to find the right use case before being […]

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Monday, October 14, 2024

European cyber insurance startup Stoïk secures $27 million

Cyber risk has become an increasingly important issue for small companies around the world. While many companies try to avoid and mitigate cyber risks, they rarely discuss transferring those risks to a third party. That’s why Stoïk is stepping in with a cyber insurance product specifically designed for small and medium-sized businesses. The French startup […]

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Nvidia, the AI chipmaker, just hit another record high

Nvidia shares hit a record high on Monday, closing at $138.07 as Wall Street anticipates earnings updates from Microsoft, Meta, Google and Amazon on their AI infrastructure spending. The stock’s climb has been stupefying — surging nearly 180% this year, following a rapid climb last year; it’s also a reflection of Nvidia’s renowned stronghold on […]

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OpenAI snatches up Microsoft generative AI research lead

Microsoft has lost an AI expert and OpenAI gained one, after the former’s VP of generative AI research Sebastian Bubeck left for the latter. The Information first reported the move, and Reuters also confirmed the departure with Microsoft. We know Bubeck as one of the main authors of papers describing Microsoft’s Phi models, a series […]

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Meet Alarmo, Nintendo’s $100 sleep-tracking alarm clock

We got our hands on the newest gadget from Nintendo. No, it’s not a new Switch. It’s a clock and it’s aptly called the Alarmo. The design is very Nintendo, bright red with a soft plastic knob that lights up and doubles as a dial and button. You can select from a bunch of clock […]

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Tesla Optimus bots were controlled by humans during the ‘We, Robot’ event

During Tesla’s “We, Robot” event last week, which TechCrunch covered late into the night, sources on the ground sent me a handful of videos of the automaker’s Optimus humanoid robots walking around the party, dancing, mixing drinks, and talking to guests. Most, if not all, of those who attended the affair are Tesla investors and […]

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Former Product Hunt CEO Josh Buckley is looking to raise a fourth $250M fund

Josh Buckley, the former CEO of Product Hunt, is aiming to raise a fourth $250 million fund for his venture capital firm, Buckley Ventures, according to a regulatory filing. Buckley’s ambitions for this fund are significantly lower than for his previous one. He sought to raise a $500 million third fund in February, 2022, right […]

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TechCrunch Space: SpaceX alums raising a massive new fund for deep tech and more

Hello, and welcome back to TechCrunch Space. The final agenda for the Space Stage at TechCrunch Disrupt is live and we’d love to see you there. Come hear the latest and greatest insights from top space entrepreneurs and investors! Want to reach out with a tip? Email Aria at aria.techcrunch@gmail.com or send a message on […]

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Omnea raises $25M to tackle the painfully annoying procurement market

Procurement — the process of requesting, vetting and eventually buying IT and other supplies in an organization — is typically one of the more frustrating, dry, yet inevitable aspects of a workplace.  When you are in need of a new app or device, or when you need to renew an existing contract for one in […]

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