Wednesday, October 30, 2024

Perplexity’s CEO punts on defining ‘plagiarism’

Perplexity’s CEO, Aravind Srinivas, wouldn’t say how Perplexity defines “plagiarism” in an on stage interview with Devin Coldewey at TechCrunch’s Disrupt 2024 conference. It’s a touchy subject. News Corp’s Dow Jones and the New York Post have sued Perplexity over what they describe as a “content kleptocracy.” Many other news sites have expressed concerns that Perplexity closely replicates their […]

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500 Amazon employees reportedly ask AWS CEO to reverse return-to-office policy

More than 500 Amazon employees sent a letter on Wednesday to AWS CEO Matt Garman, urging the executive to reverse the company’s full return-to-office policy, Reuters reports. In September, Amazon asked employees to come back to the office five days a week starting in 2025. The AWS CEO previously told employees that nine out of […]

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Rivian’s chief software officer says in-car buttons are ‘an anomaly’

The trend of big touchscreens in cars has left many yearning for the not-so-distant days when most user interactions happened with physical buttons. But Rivian’s chief software officer Wassym Bensaid believes using buttons in a car is an “anomaly.” “It’s a bug. It’s not a feature,” Bensaid said Wednesday at TechCrunch Disrupt 2024. “Ideally, you […]

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AI models get more election questions wrong when asked in Spanish, study shows

AI models are struggling to accurately answer election-related questions in Spanish. That’s according to a new study from the AI Democracy Projects, a collaboration between Proof News, fact-checking service Factchequeado and the Institute for Advanced Study in San Francisco. The study found a sharp disparity between the factuality of English- and Spanish-language responses produced by five […]

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Zoox co-founder on Tesla self-driving: ‘they don’t have technology that works’

Zoox co-founder and CTO Jesse Levinson doesn’t believe Tesla will launch a robotaxi ride-hailing service in California (or anywhere else) next year despite what Elon Musk recently claimed. The “fundamental issue is they don’t have technology that works,” Levinson said Wednesday at TechCrunch Disrupt 2024. “And by works, I want to differentiate between a driver […]

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Once-dominant Swiggy seeks $11.3B value at IPO, less than half Zomato’s worth

Swiggy, one of India’s largest food delivery and quick commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to rival Zomato’s market cap. The lossmaking Bengaluru-based company has set an IPO price band of ₹371 to ₹390 ($4.41-$4.64) per share for next month’s IPO. […]

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X makes its basic API tier more costly, launches annual subscriptions

Elon Musk-owned social network X made changes to its API pricing and limits today and also announced annual plans with a discounted rate. The company raised the prices of the basic API tier from $100 to $200 and said it would introduce higher limits and new endpoints for this subscription plan. In a post on […]

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Tuesday, October 29, 2024

African ‘gender-equal’ VC Janngo Capital closes second fund at $78M

Pan-African venture capital firm Janngo Capital has closed its oversubscribed second fund at €73 million ($78 million), 20% more than its target of €60 million (~$63 million). In 2022, Janngo Capital reached the first close of its second fund at €26 million, receiving capital from several limited partners, including the African Development Bank Group (AfDB) […]

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Meesho claims Indian e-commerce first with positive cash flow

Meesho has become India’s first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has long remained elusive even as new competitive threats emerge. The SoftBank and Prosus-backed startup, which serves customers in smaller Indian cities and towns, reported positive operating cash flow of ₹232 crores ($27.6 […]

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Here are the 5 Startup Battlefield finalists at TechCrunch Disrupt 2024

The time has finally come to announce the five finalists of the Startup Battlefield. It all started earlier this year when the TechCrunch editorial team selected 200 companies from thousands that applied. From there, the team then chose the 20 finalists who pitched this week onstage at TechCrunch Disrupt 2024 to investor judges and packed […]

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Tony Fadell takes a shot at Sam Altman in TechCrunch Disrupt interview

iPod creator, Nest Labs founder, and investor Tony Fadell took a shot at OpenAI CEO Sam Altman on Tuesday during a spirited interview at TechCrunch Disrupt 2024 in San Francisco. Speaking about his understanding of the longer history of AI development before the LLM craze and the serious issues with LLM hallucinations, he said, “I’ve […]

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GM CEO Mary Barra on the politics of EVs, the future of AVs, and moving away from China

“I never thought the propulsion of a vehicle would become a political issue,” GM Chairman and CEO Mary Barra said on stage at TechCrunch Disrupt on Tuesday. While the executive didn’t expand on this statement, former President Trump has railed against EVs and claimed, wrongly, that there is a mandate to make and sell electric […]

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Cloud Doesn’t Have to Mean Compromise

Join us as we discuss the multi-cloud landscape and learn how Kentik leverages AI and network visibility to help you run cloud – and your entire hybrid estate – in the most cost-efficient way possible. Hear about Kentik’s partnership with Golub Growth, which is driving innovation and enhancing their platform, and learn more about the […]

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Tony Fadell on mission-driven a**holes, Silicon Valley entitlement and why LLMs are ‘know-it-alls’

Tony Fadell, the father of the iPod and founder of Nest, took the stage at TechCrunch Disrupt 2024 on Tuesday to talk about how building the next generation of deep tech startups requires mission-driven a**holes. The entrepreneur and investor did not hold back on stage as he called out Silicon Valley for its entitlement and […]

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How AI empowers SaaS leaders to build a new data pipeline

The rise of modern AI applications has put a renewed emphasis on the importance of the data that underpins them. But simply having data isn’t enough, you also need the tools to manage it, secure it and build the pipelines to let it flow between applications.Watch as we talk to Datastax Chairman & CEO, NEA […]

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