In a Reddit AMA, OpenAI CEO Sam Altman admitted that a lack of compute capacity is one major factor preventing the company from shipping products as often as it’d like. “All of these models have gotten quite complex,” he wrote in response to a question about why OpenAI’s next AI models were taking so long. […]
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Two mobile operating systems currently comprise nearly 100% of the global smartphone market. Building one is hard, and for most phone makers, there are better uses of resources, especially when Android is right there for the taking. While it’s a potential differentiator, these companies have largely opted to maintain Google’s mobile OS, customized by skins and […]
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Old ideas like you need $100 million worth of trailing revenue to go public, and $1 million worth of annual recurring revenue to raise a Series A are so old that they are practically perched atop Abe Lincoln’s head.In today’s market, what a startup needs to raise depends on its sector, founder profile, and, yes, […]
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Julieta is a portable, AI-powered breast cancer detection device that eliminates barriers to early screening, ensuring access even in remote areas. Subscribe for more on YouTube: https://tcrn.ch/youtube Follow TechCrunch on Instagram: https://ift.tt/b7nBfYr TikTok: https://tcrn.ch/tiktok X: tcrn.ch/x Threads: https://tcrn.ch/threads Facebook: https://ift.tt/NBiPqGb Bluesky: https://tcrn.ch/bluesky Mastodon: https://tcrn.ch/mstdn Read more: https://techcrunch.com/
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Fresh off a $1 billion funding round, Wiz has shot to fame as one of the fastest-growing, impactful cloud security startups ever. And one of the most sought after: earlier this year it rebuffed a $23 billion M&A offer from Google. Watch and learn to Wiz’s CEO Assaf Rappaport talk about his journey as a […]
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The Mac mini will be getting an upgrade this week, according to Bloomberg’s Mark Gurman. The mini is Apple’s desktop computer (really just a small gray box) positioned between the consumer iMac and the company’s professional-grade desktops. The new mini is reportedly getting smaller — nearly the size of an Apple TV set-top box. It […]
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Electric motorcycle company Zero is in the process of closing a new funding round for a little bit more than $120 million, according to a filing with the U.S. Securities and Exchange Commission. The filing shows that Zero has sold around $100 million of the equity round so far from two undisclosed investors. The company […]
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Humane on Wednesday announced a $200 price cut to its flagship product, the AI Pin. The Bay Area startup, founded by two former Apple executives, has reportedly struggled to sell the product, which launched in April for $700. In a message sent to its email list, Humane highlights its return policy in the new pitch. […]
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For once, the biggest tourist attraction in Philadelphia’s Love Park isn’t the iconic artwork that gives the plaza its name. While a couple of tourists trickle through to take pictures with the love sculpture, the main attraction this week is the Portal, which was encircled by a crowd of about 50 onlookers when it made […]
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As competition from newcomers like Bluesky and Threads increases, X on Monday launched a “Radar” trend analysis tool that aims to offer subscribers real-time insights into emerging trends and conversations on the platform. The tool, previously known as Insights, was initially targeted at Verified Organizations (businesses), allowing marketers to track topics and trends on the […]
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Penguin Random House, the world’s largest trade publisher, will be adding language to the copyright pages of its books to prohibit the use of those books to train AI. The Bookseller reports that new books and reprints of older titles from the publisher will now include the statement, “No part of this book may be […]
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week brought us some exciting fundraising news from around the world, and even some exits. But if you are looking for tech IPOs, you will have […]
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Google CEO Sundar Pichai announced on Thursday that Prabhakar Raghavan, the executive in charge of the company’s search engine and ads products, is leaving his role. Longtime Google executive Nick Fox will replace Raghavan, who will now take on the role of chief technologist. “Prabhakar has decided it’s time to make a big leap in […]
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Alert management for developers and ops teams may seem like a solved problem. Notifying an on-call engineer isn’t exactly difficult anymore, after all. But the real question has become when to alert the right person and how to help them when a service goes down, for example. Many are turning to AI to solve some […]
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One of the most attention-grabbing aspects of “Roadrunner,” the Morgan Neville-directed documentary about Anthony Bourdain, was Neville’s use of generative AI to replicate Bourdain’s voice. Looking back now, Neville told Wired that he saw this as a “fun” way to “keep [Bourdain’s] voice going in the film.” But his approach drew intense criticism — while […]
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. It was once again the private market that generated the most funding-related news in the startup world this week, both for companies and for funds. But it […]
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Interlagos, the venture capital firm started by former senior SpaceX leaders, is looking to raise $550 million for its first venture fund, according to regulatory filings and a confidential deck sent to prospective LPs and viewed by TechCrunch. The existence of the firm was first reported by TechCrunch in April, but almost nothing has been […]
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Shield AI cofounder Brandon Tseng has raised over $1 billion to create AI pilots. Here's what he's learned in Ukraine and the future of AI-powered weapons.
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Fourteen U.S. attorneys general sued TikTok on Tuesday, alleging that the platform negatively impacts minors’ mental health and harvests data without their consent. TikTok, a U.S. company owned by the Chinese conglomerate ByteDance, is embroiled in a number of lawsuits that could threaten its operations. In another recent lawsuit, the FTC and the Justice Department […]
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Even a category as hot as robotics is not immune from macroeconomic trends. According to figures from automation advocacy group, A3, the North American robotics market declined in the first half of 2024, both in terms of sales and revenue. The number of industrial robotics ordered in H1 declined 7.5% year-over-year to 15,705. Revenue dipped […]
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The Central Consumer Protection Authority, India’s consumer rights regulator, has sent a show-cause notice to Ola Electric over alleged violation of consumer rights, escalating troubles for the leading electric vehicle maker whose shares dropped 9% earlier on Monday, The notice, issued on Monday, gives the Bengaluru-headquartered firm 15 days to respond to allegations that include […]
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Welcome back to Week in Review. This week, we’re diving into OpenAI’s $6.6 billion fundraising round, the fifth Cybertruck recall in less than a year, and a neat project that’s Shazam-ing songs heard on a San Francisco street. Let’s get into it. OpenAI closed the largest VC round of all time this week. The startup […]
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Initialized Capital is restructuring its team to “meet the moment” in the venture market, according to a blog post from the firm’s managing partner Brett Gibson. The San Francisco-based venture capital firm, originally founded by Alexis Ohanian, Garry Tan, and Harjeet Taggar, announced yesterday that it let multiple people go and specifically named Jennifer Wolf, […]
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A roundup of the year's billion-dollar take-private deals in the technology sector.
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Broadcom’s acquisition of VMware has left a lot of customers uneasy (and with rising bills). For the longest time, VMware was the de facto standard for enterprise virtualization. Now, a lot of businesses are looking for alternatives, and with that, the OpenStack project for managing cloud infrastructure (and one of the world’s largest open source […]
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A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.
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In San Francisco’s Mission district, good music is all around you. That’s why, high up on a street pole at an undisclosed location in the Mission, Riley Walz installed a solar-powered box containing an old Android phone running the song identifying service, Shazam, 24 hours a day, seven days a week. The so called “Bop […]
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Instagram head Adam Mosseri announced on Tuesday that users who have connected their accounts to the fediverse, also known as the open social web, can now see who follows them and likes their posts from other fediverse servers, such as Mastodon and Pixelfed. The company said users will now have up to 15 minutes to make […]
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