Thursday, March 20, 2025

Airbyte launches new connectors to help companies better leverage their data

Open-source data movement company Airbyte is launching additional connectors to help enterprises better utilize their data in the age of AI without compromising data sovereignty. The San Francisco-based startup announced on Thursday that it’s releasing a host of new capabilities designed to enable customers to securely move corporate data without tapping SaaS applications. The new […]

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Wednesday, March 19, 2025

Michael Seibel is leaving Y Combinator

Michael Seibel announced late Wednesday on X that after more than 12 years at Y Combinator, he is transitioning to a “partner emeritus” role. Y Combinator CEO Garry Tan shared the news separately in a company blog post, highlighting Seibel’s long history with the accelerator. Seibel first joined YC as a founder, going through the […]

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ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

Debt collection in emerging markets often feels outdated and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are struggling to maintain pace. ClearGrid aims to help modernize debt collection — and recovery — with AI. The Dubai-based startup, which is emerging from stealth […]

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SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will be operate as a wholly-owned subsidiary of SoftBank after the deal, which is expected to […]

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How a $6M bet on Wiz turned into a massive 200x return for one early backer

Wiz’s $32 billion all-cash acquisition by Google parent Alphabet promises a colossal payday for the cybersecurity startup’s early-stage investors. The deal is a big win for Sequoia, one of the best-known VC firms, which stands to make $3 billion, about 25x the money it invested in the company, Bloomberg reported. Despite substantial returns for Sequoia’s […]

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OpenAI’s o1-pro is the company’s most expensive AI model yet

OpenAI has launched a more powerful version of its o1 “reasoning” AI model, o1-pro, in its developer API. According to OpenAI, o1-pro uses more computing than o1 to provide “consistently better responses.” Currently, it’s only available to select developers — those who’ve spent at least $5 on OpenAI API services — and it’s pricey. Very […]

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Researchers say they’ve discovered a new method of ‘scaling up’ AI, but there’s reason to be skeptical

Have researchers discovered a new AI “scaling law”? That’s what some buzz on social media suggests — but experts are skeptical. AI scaling laws, a bit of an informal concept, describe how the performance of AI models improves as the size of the datasets and computing resources used to train them increases. Until roughly a […]

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Hugging Face’s new iOS app taps AI to describe what you’re looking at

AI startup Hugging Face has released a new app for iOS that only does one thing: uses offline, local AI to describe what’s in view of your iPhone’s camera. The app, called HuggingSnap, taps Hugging Face’s in-house vision model, smolvlm2, to analyze what your phone sees in real-time without sending data off to the cloud. […]

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Hunted Labs lands $3M to find suspicious open source contributors

Former NSA deputy director George Barnes has made his first investment as a venture capitalist for his new job at the VC incubation studio Red Cell Partners. It’s a $3 million seed deal in an open source cybersecurity startup called Hunted Labs, he told TechCrunch exclusively. Barnes spent his entire 35-year career at the spy agency, […]

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The AI leaders bringing the AGI debate down to Earth

During a recent dinner with business leaders in San Francisco, a comment I made cast a chill over the room. I hadn’t asked my dining companions anything I considered to be extremely faux pas: simply whether they thought today’s AI could someday achieve human-like intelligence (i.e. AGI) or beyond. It’s a more controversial topic than […]

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Mortgage as an employee benefit? Kleiner Perkins leads $23.5M Series A for Multiply Mortgage

After hitting record lows at the start of the pandemic, mortgage rates began to climb in 2022 and haven’t come down significantly since.  With 30-year mortgage rates hovering at over 6.5% today (they were as low as 2.49% in 2020!), buying a home is simply not that attainable for many people. One Denver-based startup is […]

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