Flex, which offers personal finance software and payments infrastructure for business owners, has raised $25 million in equity funding while securing a $200 million credit facility, it told TechCrunch exclusively. The equity funds were raised at a valuation of “just under $250 million.” The company last raised a $20 million Series A announced in September […]
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YouTube on Wednesday announced a new premium subscription tier called Premium Lite, which will users to watch “most” videos ad-free for $7.99 per month. With YouTube Lite, customers will be able to watch videos across verticals like gaming, fashion, beauty, cooking, news, and more, ad-free, but will be shown ads on music content and music […]
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London startup Quantexa has made its name over the years with an enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, it is announcing new funding of $175 million to double down on that business while also moving deeper into another hot area: using its technology to help organizations […]
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Defense tech startup Epirus has raised a $250m Series D to expand its counter-drone solutions.
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Alec Radford, a researcher who helped develop many of OpenAI’s key AI technologies, has been subpoenaed in a copyright case against the AI startup, according to a court filing Tuesday. The filing, submitted by an attorney for the plaintiffs to the U.S. District Court in the Northern District of California, indicated that Radford was served […]
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A federal judge in Northern California denied Elon Musk’s motion for an injunction that would have halted OpenAI’s planned transition into a for-profit company, Bloomberg reported. Musk failed to provide enough evidence necessary for an injunction, U.S. District Court Judge Yvonne Gonzalez Rogers ruled Tuesday. However, Rogers said the court is prepared to hold an […]
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The fintech startup has been under federal scrutiny for years for questionable financial and carbon accounting practices.
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One of Africa’s most active investors, known for early bets on unicorns like Flutterwave, Andela, and Wave, has secured fresh capital to invest in startups across the continent. This comes as funding deals and volumes in Africa saw only a slight dip last year, according to a report by VC firm Partech. LoftyInc Capital, which […]
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Amazon has formed a new group within AWS dedicated to creating AI agents, systems that help people automate parts of their lives, Reuters reported on Tuesday. In an email to staff seen by Reuters, AWS CEO Matt Garman said agentic AI has the potential to be “the next multi-billion business for AWS.” A longtime AWS […]
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Amazon reportedly wants to get in on the AI “reasoning” model game. According to Business Insider, Amazon is developing an AI model that incorporates advanced “reasoning” capabilities, similar to models like OpenAI’s o3-mini and Chinese AI lab DeepSeek’s R1. The model may launch as soon as June under Amazon’s Nova brand, which the company introduced […]
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We still didn’t get a straight up definition of exactly what an AI agent is during Bret Taylor’s Mobile World Congress fireside chat in Barcelona on Tuesday. The Sierra founder and OpenAI board chair preferred to side-step CNN moderator Anna Stewart’s question asking how “agentic AI” is “any different to a GenAI chatbot” by suggesting […]
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Google announced new software updates for the Pixel phones as part of its so-called Pixel Drop program for March. Pixel Watches and all Android devices are also receiving some new features. The most notable parts of the update include using AI to detect scams in messages and calls, better categorization in the screenshot app, menstrual […]
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The entire solar industry has been bracing for a rough road ahead.
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The Trump Administration has fired a number of National Science Foundation employees who had been handpicked for their expertise in AI, threatening the agency’s ability to sustain key AI research, Bloomberg reported. One of the affected departments inside NSF, called the Directorate for Technology, Innovation, and Partnerships, was instrumental in funneling government grants focused on […]
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At least we can watch AI play Mario.
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