FuriosaAI, a South Korean startup that makes chips for AI applications, has rejected an $810 million acquisition offer from Meta.
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FuriosaAI, a South Korean startup that makes chips for AI applications, has rejected an $810 million acquisition offer from Meta.
Posted from: this blog via Microsoft Power Automate.
Over the past decade, Dubai-based Network International has become one of the dominant payment processors across the Middle East and Africa, thanks in part to a pair of acquisitions. However, many large incumbents can fall prey to slower innovation, opening the door for smaller, faster-moving startups. The latest development is Enza, a fintech founded in […]
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Genetics testing company 23andMe has filed for Chapter 11 bankruptcy protection in the U.S. to initiate the sale of its assets. Alongside, the company’s co-founder and CEO Anne Wojcicki said she is leaving the company to become an independent bidder for the company. “After a thorough evaluation of strategic alternatives, we have determined that a […]
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The Bot Company, the robotics startup founded by former Cruise co-founder and CEO Kyle Vogt, has raised $150 million in a round led by Greenoaks, according to Reuters, citing unnamed sources. Vogt founded the startup with Paril Jain, who led the AI tech team at Tesla, and former Cruise software engineer Luke Holoubek. Vogt did […]
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In 2010, a programmer who was mining bitcoin famously made the comically expensive mistake of spending 10,000 bitcoin on two pizzas. As of this writing, those coins would be worth $850 million dollars. While there are few comparisons to that kind of miscalculation, the prospect of adding interest payments to fast-food orders is raising concerns […]
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Social network Bluesky, an alternative to X built on open source technologies, has scored a big win in terms of attracting notable users to its platform. The company on Sunday confirmed that former president Barack Obama has joined its service. Bluesky OOO Rose Wang replied to a post where someone wondered if the account posting […]
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We may not have an agreed-upon definition of AI “agent” yet, but a multitude of startups want to create “agentic” tools to automate various tasks online. One such firm, Browser Use, has attracted a ton of interest from developers and investors thanks to its solution that makes websites more “readable” for AI agents. Browser Use […]
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Jonah Peretti’s career to date has been defined by constant reinvention. As the founder and CEO of BuzzFeed, Peretti has been at the forefront of digital media for almost two decades, navigating changes as the once small startup transformed into, at one point, a multimedia powerhouse. But as the company grows older, one question lingers: […]
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Charlie Javice’s high-profile fraud trial has become a showcase of embarrassing missteps on both sides, with eyebrow-raising details about how JPMorgan Chase was allegedly deceived into buying her startup, Frank, for $175 million when it had just 300,000 customers instead of four million. Per a new WSJ article, one pivotal moment came when former Frank […]
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A human rights campaigner, Tanya O’Carroll, has succeeded in forcing social media giant Meta not to use her data for targeted advertising. The agreement is contained in a settlement to an individual challenge she lodged against Meta’s tracking and profiling back in 2022. O’Carroll had argued that a legal right to object to the use […]
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Anduril might build a factory in the U.K. as it expands beyond U.S. defense contracts.
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If you haven’t heard the news, TechCrunch has a shiny new home. After years under Yahoo’s ownership — which, in turn, is backed by Apollo Group — the brand is now in fresh hands. Its new parent company: Regent, a dynamic private equity firm with a diverse portfolio spanning media, retail, and manufacturing. Regent was […]
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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Before we jump into the news, just a quick bit of housekeeping. I’m putting “This week’s wheels” on hiatus for a few weeks as I get into […]
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ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership […]
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Wayve co-founder and CEO Alex Kendall sees promise in bringing his autonomous vehicle startup’s tech to market. That is, if Wayve sticks to its strategy of ensuring its automated driving software is cheap to run, hardware agnostic, and can be applied to advanced driver assistance systems, robotaxis, and even robotics. The strategy, which Kendall laid […]
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