Wednesday, December 25, 2024

$132K – $149K, here’s what seed-stage founders pay early employees, based on data

Once a startup has raised its seed round, the perennial question becomes how much should the founders pay themselves and their first few employees? Kruze Consulting, a CPA firm that specializes in venture-backed startups, recently analyzed average salary ranges for over 450 seed-stage startups and shared that data with TechCrunch. The following averages are based […]

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AMD’s CES 2025 press conference: How to watch

AMD has its work cut out for it at CES 2025. Competitor Nvidia has been sucking the oxygen out of every room it graces, as the chipmaker remains at the forefront of the AI boom. So, how will AMD compete with Nvidia’s reported RTX 5000 announcement? The company should show of its own next-gen GPU. […]

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Tuesday, December 24, 2024

Onyx Motorbikes is back, one year after its owner died leaving the company in shambles

A year after Onyx Motorbikes owner James Khatiblou died suddenly, leaving customers with unfulfilled orders and millions in unpaid debts, the brand has been revived by its original founder. “I’m excited to announce I have resurrected my original brand Onyx with incredible backers!” founder Tim Seward wrote in a LinkedIn post on Monday. “Onyx is […]

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Sony’s CES 2025 press conference: How to watch

Sony knows how to put on a show at CES. The company’s pressers are high octane, star-studded affairs, as these things go. In addition to standard Sony fare like TVs and audio systems, there’s always a curve ball or two, be it a car, a drone, or a “Gran Turismo” movie. That’s one of the […]

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OpenAI ‘considered’ building a humanoid robot: report

OpenAI has recently explored building its own humanoid robot, according to The Information. The report cites “two people with direct knowledge” of those conversations. The ChatGPT maker has been involved in the space for some time now, by way of financial backing. It has thus far invested in Figure and 1X, along with the “general […]

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Revenue-based financing startups continue to raise capital in MENA, where the model just works

In an era where it’s become tougher to raise venture capital, many companies have turned to non-dilutive, Revenue-Based Financing (RBF) as an alternative. As a result, plenty of startups have risen to meet that challenge, none more so than in the MENA region, which has taken to the model like a duck to water. The […]

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Proton’s device aims to help those with kidney disease, and cut heart failure risks

People with chronic kidney disease, or those at risk of heart failure, are greatly affected by potassium imbalances in the body. These can even be life-threatening. While wearable glucose monitors are now commonplace and have transformed the lives of diabetes patients, potassium monitoring is in its infancy as it’s hard to do. Now, startups are […]

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Monday, December 23, 2024

Halide’s next version will come with new film filters, HDR

Lux, which makes the iPhone camera app Halide, published a roadmap on Monday detailing the app’s next version, called Halide Mark III, to be released sometime next year. The company said Halide Mark III will ship with two new features: Color Grades, and its own take on HDR (High Dynamic Range) photos. The company plans […]

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Hyundai is giving away free Tesla NACs adapters to its EV customers

Hyundai said Monday it will send customers who have bought or leased an EV before January 31 a free charging adapter that will let them access Tesla’s supercharging network. The Hyundai-authorized adapter will give CCS-port-equipped Hyundai EV drivers access to more than 20,000 Tesla Superchargers in the United States, according to Hyundai. Free adapters will […]

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OpenAI’s o3 suggests AI models are scaling in new ways — but so are the costs

Last month, AI founders and investors told TechCrunch that we’re now in the “second era of scaling laws,” noting how established methods of improving AI models were showing diminishing returns. One promising new method they suggested could keep gains was “test-time scaling,” which seems to be what’s behind the performance of OpenAI’s o3 model – […]

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Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing (97 participated, but the document doesn’t reveal their identities). xAI later announced (confirming some earlier reporting) that Andreessen Horowitz , Blackrock, Fidelity, Kingdom Holdings, […]

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AI startups attracted 25% of Europe’s VC funding

Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. According to VC firm Balderton Capital and Dealroom, 25% of VC funding into the region — approximately $13.7 billion — went to AI startups this year, compared to 15% four years ago, resulting […]

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Coralogix acquires AI observability platform Aporia

Coralogix, the well-funded observability platform, on Monday announced that it has acquired Aporia, a startup that focuses on giving businesses tools to observe and secure their AI workloads, as well as set guardrails for them to avoid hallucinations or unintended disclosures. As part of this acquisition, Coralogix will launch a dedicated AI research center, Coralogix […]

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