Thursday, December 19, 2024

Boon raises $20.5M to build agentic AI tools for fleets

Logistics is the name of the game during the holiday season: Companies that can seal the deal and get people and things to the places they need to be, on time, rake it in this time of year.  But behind that demand lies a huge amount of inefficiency and fragmentation. Are logistics businesses ready for […]

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Tapestry, a new app for tracking social media, news, blogs, and more, will launch in ‘early 2025’

A new app called Tapestry promising to unify social media, news, and RSS in one place, is nearing completion. Designed by Iconfactory, the same team that created the third-party Twitter client Twitterific back in the day, Tapestry was unveiled at the beginning of the year as a tool that could better organize today’s fragmented online […]

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Waymo fills the Cruise void overseas and a salute to icon Jean Jennings

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. This will be the last newsletter of 2024! But don’t worry, we’ll be back in 2025 — sign up here to get it in your inbox every week. Thank you for reading and your emails. I love […]

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Instagram teases AI tools for editing appearances, backgrounds in videos using prompts

Instagram head Adam Mosseri is teasing upcoming generative AI features for the social app that will allow creators to “change nearly any aspect” of their videos using text prompts. The editing tools will be powered by Meta’s Movie Gen AI model, and are expected to launch on the social network sometime next year, Mosseri said […]

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Over 20 venture firms pledge to not take money from China, Russia 

Founders now have a way to ensure that their investors haven’t taken money from countries like China, Russia, Iran or Cuba.  Over 20 venture firms have signed the Clean Capital Certification, attesting that they have not and will not take money from foreign adversaries. Some of the firms that have signed include Marlinspike Partners, Humba […]

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World(coin) must let Europeans comprehensively delete their data, under privacy order

It took a lot more than the initially slated few weeks to arrive, but a pivotal privacy decision that’s been hanging over Sam Altman’s World (aka Worldcoin) for months has finally landed, via a late December decision from the Bavarian data protection authority enforcing the bloc’s General Data Protection Regulation (GDPR), a comprehensive privacy framework […]

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BlueQubit raises $10M to take Quantum software into real-world applications

Integrating quantum computing into real-world computer applications is an ongoing problem, as the platforms are architected fundamentally differently. BlueQubit, a San Francisco-based quantum software startup founded by Stanford alumni, thinks it might have the answer.  Its Quantum Software as a Service (QSaaS) platform attempts to tackle the above problem by providing end-users with access to […]

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Wednesday, December 18, 2024

Indian startups raised 32% fewer rounds in 2024 as VCs got selective

Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn, signaling that investors are being more selective when striking deals. The number of startup funding rounds fell to 1,448 compared to 2,114 last year, but overall funding rose 6% to $11.3 billion — the […]

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‘We want to pay it forward’: Funding Societies raises $25M to boost capital for SMEs in Southeast Asia

Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as in other parts of the world, SMEs in Southeast Asia face challenges when it comes to sufficient working capital. In a nutshell, SMEs are typically deemed too risky for traditional banks […]

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Canoo furloughs workers and idles factory as it scrapes for cash

Struggling EV startup Canoo says it has furloughed 82 employees and is idling its factory in Oklahoma while it grasps for the capital needed to survive. The company claims it is in “advanced discussions with various capital sources” to raise emergency funding. The announcement comes just a few days after board member James Chen resigned, […]

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New Anthropic study shows AI really doesn’t want to be forced to change its views

AI models can deceive, new research from Anthropic shows — pretending to have different views during training when in reality maintaining their original preferences. There’s no reason for panic now, the team behind the study said. Yet they said their work could be critical in understanding potential threats from future, more capable AI systems. “Our […]

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Flipboard lauches Surf, a new app for browing the open social web

Social magazine app maker Flipboard is reinventing itself for the new era of the open social web. While the company’s original app allowed users to collect content from blogs, news websites, and traditional social media services like Facebook and Twitter in order to create curated magazines, its new app called Surf, launching into invite-only beta […]

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