Laam, a curated online fashion marketplace based in Pakistan, has raised $5.5 million in a seed round to take South Asian fashion to the world.
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
OpenAI says ChatGPT, Sora, and its developer-facing API are experiencing a major outage, according to the company’s status page. The company says it’s identified a pathway to recovery and is working on a fix as of 4:55pm PT Wednesday evening, but the service is still down as of the time of writing. The services have […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
SolarSquare has raised $40 million in what is the largest venture round in India’s solar sector. The Mumbai-based startup bootstrapped and was profitable selling to corporate customers for five years before switching to residential solar in 2021. Now it has scaled to powering over 20,000 homes and 200 housing societies across India, and is India’s […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
GM’s decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company’s minority investors. Microsoft, which in 2021 made an investment into Cruise, will take $800 million impairment charge as a result of GM’s actions, according to a regulatory filing. Microsoft said the charge will be […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
University endowments could be taxed much higher under Trump. That may harm VCs, an investor warns.
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
Hyundai’s electric vertical takeoff and landing startup Supernal is shifting its global headquarters from Washington, D.C. to Irvine, California and asking around three dozen of workers to relocate, TechCrunch has learned. The company told TechCrunch about 5% of its total workforce — roughly 35 to 40 people — are being asked to relocate to California. […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
OpenAI has never revealed exactly which data it used to train Sora, its video-generating AI. But from the looks of it, at least some of the data might’ve come from Twitch streams and walkthroughs of games. Sora launched on Monday, and I’ve been playing around with it for a bit (to the extent the capacity […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
Apple is working with semiconductor company Broadcom on its first server chip designed to handle AI applications, according to The Information, which cited three people with knowledge of the project. Apple is known for designing its own chips – called Apple Silicon and primarily manufactured by TSMC – for its devices. But those chips weren’t […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
Linux Foundation has launched its India entity to boost open-source contributions from the South Asian nation, the second largest developer base after the U.S.
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
Lumen Orbit, a startup looking to build data centers in space, was able to close its recent seed round in mere days amid intense investor interest. The Redmond, Washington-based company closed on a $11 million seed round at a $40 million valuation, confirming prior TechCrunch reporting that the company had raised a competitive double-digit round […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
Peak XV and HongShan, the Indian and Chinese investment firms that split from powerhouse Sequoia last year, have co-led a $10 million seed investment in KAST, a dollar-denominated neobank-like platform that lets customers hold and spend stablecoins through traditional payment avenues. Kast also issues credit cards that work with standard merchant networks, enabling users to […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
Andrew Ferguson, one of two Republican FTC commissioners appointed by U.S. President Joe Biden, will be the country’s next FTC chair, incoming president Donald Trump Tuesday on social media. The news is being met with relief in some circles. Current FTC Chair Lina Khan was blamed by many in Silicon Valley for a dearth of […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
A California district court judge has granted a preliminary injunction to WP Engine. The order asks WordPress co-creator Matt Mullenweg and WordPress.com owner Automattic to restore WP Engine’s access to WordPress.org, a WordPress theme and plug-in repository site owned by Mullenweg. Judge Araceli Martinez-Olguin noted that WP Engine’s access to WordPress.org, themes, plugins, and subdomains. […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company’s announcements channel along with a link to a press release entitled “GM to refocus autonomous driving development on personal vehicles.” GM, which acquired the self-driving car startup in 2016, would […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.
Generative AI has a plethora of well-documented misuses, and now, it appears to be cropping up in state influence operations.
© 2024 TechCrunch. All rights reserved. For personal use only.
Posted from: this blog via Microsoft Power Automate.