Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not the enthusiasm of […]
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As they gain in popularity, AI coding assistants such as GitHub Copilot may appear to be boosting productivity. But in reality, they could be causing overall code quality to decline. That’s the top-line finding from a new report released by software engineering platform GitClear, which analyzed 211 million code lines from 2020 to 2024. According […]
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In an unprecedented step, Apple caved to a reported U.K. government’s demand to prevent users from using end-to-end encryption in iCloud.
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AI Innovators, seize your moment! Have insights that could inspire 1,200 AI founders, investors, and enthusiasts eager to advance the future of AI? Take center stage, influence the AI conversation, and exchange ideas at TechCrunch Sessions: AI on June 5 at UC Berkeley’s Zellerbach Hall. We’re gathering top AI visionaries from the startup world to […]
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Chinese AI lab DeepSeek plans to open-source portions of its online services’ code as part of an “open source week” event next week. DeepSeek will open-source five code repositories that have been “documented, deployed and battle-tested in production,” the company said in a post on X on Thursday. Code repositories are storage locations for software […]
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Rivian’s cost-cutting measures have gotten it a lot closer to profitability, but the company is warning that 2025 could still be a challenging year — especially because of the whorl of uncertainty caused by the new Trump administration. The company announced Thursday its fourth-quarter and full-year 2024 financial results, and along with it, shared plans […]
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Rivian said Thursday it plans to launch a hands-off version of its driver assistance system for highway driving “in a few weeks,” and said an “eyes-off” version in 2026. The hands-off system will let Rivian compete with companies like Ford and General Motors, which have both launched similar systems in the past few years. (Ford […]
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Solar and wind together now represent nearly a quarter of electricity demand and nearly 10% of all energy consumption in the U.S.
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Figure founder and CEO Brett Adcock Thursday revealed a new machine learning model for humanoid robots. The news, which arrives two weeks after Adcock announced the Bay Area robotics firm’s decision to step away from an OpenAI collaboration, is centered around Helix, a “generalist” Vision-Language-Action (VLA) model. VLAs are a new phenomenon for robotics, leveraging […]
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Instagram is introducing a new way for creators to work with brands to make money by recommending products. On Thursday, Meta introduced an addition to its Partnership Ads called Testimonials, which allows creators to get paid via written endorsements, shared as comments on the brand’s social media posts and advertisements. The new ad format is […]
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The AI observability platform has raised $70 million in Series C funding.
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Twitch on Wednesday announced it will begin limiting streamers to 100 hours of highlights and uploads, and will delete content if a channel exceeds the limit. The company said it’s introducing the change because highlights haven’t been effective in driving discovery or engagement, and because storage is costly. The storage cap goes into effect on […]
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Recalls in the food and beverage industry due to contamination incidents can have catastrophic effects. Not only do companies have to pay fines and damages, but the impacts on the brand’s reputation can be long-lasting. That’s why Spore.Bio, a Paris-based deeptech startup, is trying to reinvent microbiology testing to avoid the next PR crisis in […]
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Codeium, an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources with knowledge of the deal. The round is being led by returning investor Kleiner Perkins, the people said. The new round comes just six months after Silicon Valley-based Codeium announced that […]
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Patreon has continued on its crusade against algorithmic feeds with its latest State of Create report, a look at trends in the creator economy based on internal data, and it’s an effort creators can get behind. In its survey of 1,000 creators and 2,000 fans, the membership platform reported that 53% of creators think it […]
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