Friday, January 3, 2025

Generative AI funding reached new heights in 2024

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If there was any doubt, the generative AI bubble did not burst in 2024. Investments in generative AI, which encompasses a range of AI-powered apps, tools, and services to generate text, images, videos, speech, music, and more, reached new heights last year. According to data from financial tracker PitchBook compiled for TechCrunch, generative AI companies […]

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Thursday, January 2, 2025

Cloudflare’s VPN app among half-dozen pulled from Indian app stores

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More than half-a-dozen VPN apps, including Cloudflare’s widely-used 1.1.1.1, have been pulled from India’s Apple App Store and Google Play Store following intervention from government authorities, TechCrunch has learned.  The Indian Ministry of Home Affairs issued removal orders for the apps, according to a document reviewed by TechCrunch and a disclosure made by Google to […]

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Nvidia’s CES 2025 keynote: How to watch

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Nvidia will no doubt have the biggest CES 2025. After all, the company has pretty much the biggest everything nowadays. The chip giant is sporting a $3.4+ trillion market cap, due largely to its foundational position in the ongoing AI boom. Companies like OpenAI and Meta have purchased Nvidia processors by the boatload, and that’s […]

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How to watch CES 2025’s press conferences

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CES 2025 kicks off January 7. The annual Las Vegas event sets the tone for the year’s consumer electronics and automotive industries. As always, TechCrunch will be there, sniffing stories from the most exciting startups and tech giants. If you really want a piece of the action without paying for the hotel and flight, many […]

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xAI’s next-gen AI model didn’t arrive on time, adding to a trend

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The list of flagship AI models that missed their promised launch windows continues to grow. Last summer, billionaire Elon Musk, the founder and CEO of AI company xAI, said that Grok 3, xAI’s next major AI model, would arrive by “end of year” 2024. Grok, xAI’s answer to models like OpenAI’s GPT-4o and Google’s Gemini, […]

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Thomson Reuters acquires tax automation company SafeSend for $600M

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Thomson Reuters has acquired tax automation company SafeSend in an all-cash transaction valued at $600 million. Founded in 2008, Ann Arbor, Michigan-based SafeSend serves a cloud-based platform designed to streamline the processing and sharing of sensitive financial documents. It provides tools for delivering tax returns, gathering e-signatures, collecting payments, automating workflows, meeting compliance obligations, and […]

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Tesla Cybertruck fails to boost 2024 sales as annual deliveries fall for first time

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Tesla delivered fewer cars last year than it did in 2023, marking its first year-to-year drop and signaling that the company is struggling to reach new buyers. That means Tesla’s Cybertruck, which is the company’s first true new model since 2020, did little to boost the company’s growth in its first full year of sales. […]

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Telegram rolls out third-party account verification, filters

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Telegram has rolled out its first update of the year, adding a new account verification method powered by third-parties, new message search filters, and the ability to turn gifts into NFTs. The chat app already had a program to verify public figures and organizations on the platform, and it has now launched a new project […]

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Chinese government hackers reportedly targeted US Treasury’s sanctions office during December cyberattack

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Chinese government hackers targeted the U.S. Treasury’s highly sensitive sanctions office during a December cyberattack, according to reports. According to The Washington Post, the state-sponsored hackers targeted the Office of Foreign Assets Control (OFAC), a government department that imposes economic and trade sanctions against countries and individuals, to potentially access information on Chinese organizations that […]

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Wednesday, January 1, 2025

Cybertruck explosion outside Trump hotel in Vegas leaves 1 dead, 7 injured

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A Tesla Cybertruck that exploded and burst into flames Wednesday morning just outside the Trump International Hotel Las Vegas is being investigated by local law enforcement. The Las Vegas Metropolitan Police Department said one person who was in the vehicle died. Seven other people were injured and being treated at local hospitals, a local Fox […]

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