Mariam Naficy, the founder of cosmetics retailer Eve and design marketplace Minted, has a long history of supporting independent artists and helping them sell their products. Her latest venture, Arcade AI, is a new type of marketplace that puts creative control directly into the hands of users. The generative AI platform, which launched its beta […]
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Jon McNeill — a former Tesla and Lyft executive and current CEO at DVx Ventures — spread the word last week at the World Business Forum on what he calls the “Tesla innovation method” of radical simplification. After his presentation, we sat down to chat about Tesla’s automation goals, its new robotaxi, and why building […]
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While many venture investors, and likely their LPs, were hoping IPOs were going to come back in 2024, that hasn’t happened and isn’t likely to in the next two months. NASDAQ CEO Adena Friedman isn’t surprised. Friedman said at Axios’s BFD event on Tuesday that while on paper the public markets have been experiencing a spectacular year […]
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Software engineers, developers, and academic researchers have serious concerns about transcriptions from OpenAI’s Whisper, according to a report in the Associated Press. While there’s been no shortage of discussion around generative AI’s tendency to hallucinate — basically, to make stuff up — it’s a bit surprising that this is an issue in transcription, where you’d […]
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Welcome back to Week in Review. This week, we’re looking at OpenAI’s reported plans for its next AI model; a buzzy new messaging app that’s a hit with Gen Z; and Tim Cook discovering that you can name a group chat in iMessage. Let’s get into it. The Verge noted this week that OpenAI is […]
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A federal jury ruled Friday that Masimo smartwatches infringed Apple patents, but Apple isn’t getting a big payday. Bloomberg Law reports that the company was only seeking the statutory minimum of $250, and that’s all it was awarded. Apple’s attorney John Desmarais reportedly told jurors, “We’re not here for the money.” Instead, he said the […]
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McDonald’s ice cream machines have developed a lousy reputation for being broken when you visit the restaurant, largely due to strict copyright laws that only permit specially licensed technicians to legally repair them. The manufacturers have to license each technician, and they put locks on the McFlurry machines to prevent others from repairing them. However, […]
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The NAACP announced today NAACP Capital, a $200 million fund of funds to back fund managers focused on issues that impact people of color. The fund was conceived in partnership with Kapor Capital and Kapor Center, along with nine other venture fund managers. Last year, Crunchbase found that Black founders raised less than 1% of […]
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Elon Musk occasionally posts clips of his video game plays to his social media platform X — but a recent clip includes background audio of a SpaceX engineer telling Musk how the most recent Starship flight test was “one second away” from an abort. The clip, posted on Friday, was caught by Reuters’ Joey Roulette on […]
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Several startups announced new rounds this week without disclosing their valuation. This doesn’t mean that these were down rounds, but rather it confirms that our collective focus […]
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Rental car startup Kyte, which bills itself as the “best alternative to Hertz,” is pulling out of almost all of its major markets in the United States and has cut its workforce roughly in half in a bid to survive after exploring a sale earlier this year. The company is shrinking its operations to focus […]
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Crypto critic Molly White received emails from a purported lawyer and someone working for a “reputation management company” offering bribes in exchange for the takedown of a blog post about the arrest of an alleged crypto fraudster.
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We’d like to thank SAP for their support. Make sure to catch their Roundtable session: “Visionary Companies Embrace Innovation to Thrive in the Fast-Paced Economy” on Tuesday and Wednesday. Speakers from The Webby Awards and Silicon Zombies will be on panels at TechCrunch Disrupt 2024 Breakout sessions, and we thank those companies for their support. […]
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In the decades following its 1958 release, Brenda Lee’s rockabilly-tinged “Rockin’ Around the Christmas Tree” has attained status as an all-time holiday classic. Sixty-six years later, it’s getting a Spanish language rework courtesy of “responsible” AI. Universal on Friday announced the release of “Noche Buena y Navidad,” which utilized SoundLabs AI’s MicDrop technology to reconstruct […]
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The war in Ukraine has shown that warfare changes by the day. It’s also clear that the tech used to make war today is costly: While larger countries can afford legions of tanks, helicopters, and precision-strike systems, smaller nations find themselves scrambling for cheaper ways to defend themselves. Origin, a new defense tech startup out of […]
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