Monday, November 4, 2024

Bowery Farming is ceasing operations

Agtech unicorn Bowery Farming is shutting down, according to PitchBook, which cited internal documents and multiple company employees. The New York-based agtech company was known for building vertical farms that could produce crops including: lettuces, herbs and berries. The company has raised more than $700 million in funding, according to PitchBook data, from VCs including […]

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Apple users can soon upgrade to ChatGPT Plus within the Settings app

Apple products are getting an integration with OpenAI’s ChatGPT in December when iOS 18.2 rolls out, which should supercharge Siri and a few other features with smarter AI. On Wednesday, iOS 18.2 beta testers got a taste of how OpenAI could profit off of its Apple partnership. Apple is including an option to upgrade to […]

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Perplexity CEO offers AI company’s services to replace striking NYT staff

The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross picket lines and provide services to mitigate the effect of a strike by New York Times tech workers. The NYT Tech Guild announced its strike Monday, after setting November 4 as its deadline months earlier. The workers represented provide software support and […]

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Sunday, November 3, 2024

Affirm launches in the UK, as ‘buy now, pay later’ market faces regulatory overhaul

Buy now, pay later (BNPL) giant Affirm is launching in the U.K., its first market outside North America. Its long-anticipated arrival comes as U.K. lawmakers mull new rules to bring BNPL firms into line with other traditional consumer credit services, though such laws aren’t expected to come into effect until at least 2026 — long […]

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From Lime to Uber to Hertz: Free and discounted Election Day rides

Election Day is nearly here, and if you haven’t already mailed in your ballot or gone in for early voting, you might need a ride come November 5.  Here’s a roundup of all the freebies, discounts, and information on getting to the polls that transportation companies are offering. Micromobility Lime is offering free rides to […]

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Founders should seek sector alignment when looking for a family office investor

Family offices invest a substantial amount of capital in startups each year. In the first half of 2023, 27% of overall startup deal value came from deals that included a family office investor, according to a recent report from PwC. Despite their prevalence in startup deals, family offices can be a mysterious class of investors […]

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‘If you actually are solving a problem, you don’t talk about any of the hype,’ investor says

The hype is palpable: As tech folks from near and far converge for TechCrunch Disrupt 2024 in San Fransisco — one of the only places where Waymo is available to the public — there’s ample chatter about the autonomous vehicle service. “If you think about AI hype and all, everyone gets excited about what 10 […]

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Wesley Chan on what he looks for as he’s shopping for potential unicorns

Investor Wesley Chan has shown a knack for making very early investments into multi-billion-dollar unicorns, such as Plaid, Gusto, Flexport, and, most recently, Canva. Chan comes from an unconventional background — he grew up in an immigrant family and had only middling grades in high school. But he landed a job washing test tubes in […]

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Women in AI: Sophia Velastegui believes AI is moving too fast

As a part of TechCrunch’s ongoing Women in AI series, which seeks to give AI-focused women academics and others their well-deserved (and overdue) time in the spotlight, TechCrunch interviewed Sophia Velastegui. Velastegui is a member of the National Science Foundation’s (NSF) national AI advisory committee and the former chief AI officer at Microsoft’s business software division. Velastegui didn’t […]

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GenAI suffers from data overload, so companies should focus on smaller, specific goals

“There is no AI without data, there is no AI without unstructured data, and there is no AI without unstructured data at scale,” said Chet Kapoor, chairman and CEO of data management company DataStax. Kapoor was kicking off a conversation at TechCrunch Disrupt 2024 about “new data pipelines” in the context of modern AI applications, […]

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Saturday, November 2, 2024

Why Wiz really turned down Google’s $23B offer

Welcome back to Week in Review. This week, we’re coming at you right off the heels of TechCrunch Disrupt! If you missed it, we’re highlighting conversations from Perplexity CEO Aravind Srinivas, WordPress co-founder Matt Mullenweg, and Disney star turned space CEO Bridgit Mendler. Of course, we’ve got news from the rest of the tech world […]

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CareYaya is enabling affordable home care by connecting healthcare students with elders

CareYaya, a platform that matches people who need caregivers with healthcare students, is working to disrupt the caregiving industry. The startup, which exhibited as part of the Battlefield 200 at TechCrunch Disrupt, is looking to enhance affordable in-home support, while also helping students prepare for their future healthcare careers. The startup was founded in 2022 […]

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