OpenAI expects to cut share of revenue it pays Microsoft by 2030
OpenAI currently has a deal to share 20% of revenue with Microsoft, but the AI company expects to cut that share to 10% by 2030, The Information reported....
OpenAI currently has a deal to share 20% of revenue with Microsoft, but the AI company expects to cut that share to 10% by 2030, The Information reported....
A team at Hugging Face has released a freely available, cloud-hosted computer-using AI “agent.” But be forewarned: it’s quite sluggish and occasionally makes mistakes. Hugging Face’s agent, called Open Computer Agent, is accessible via the web and can use a Linux virtual machine preloaded with...
Like many leaders in tech, Arvind Krishna, the CEO of IBM, thinks federal R&D funding for AI and related technologies should be increased — not the other way around. “We have been an extremely strong advocate — and this is both the company and me...
Redditors around the world were scandalized last week after learning that a team of researchers released a swarm of AI-powered, human-impersonating bots on the “Change My View” subreddit. The large-scale experiment was designed to explore just how persuasive AI can be. The bots posted over...
We’re ecstatic to announce that Kisson Lin, founder and CEO of Tanka, will be joining us at TechCrunch Sessions: AI for a provocative — and instructive — interview titled “Your Next Co-Founder Will Be AI.” She’s among the many excellent speakers joining the event June...
FutureHouse, an Eric Schmidt-backed nonprofit that aims to build an “AI scientist” within the next decade, has released a new tool that it claims can help support “data-driven discovery” in biology. The new tool comes just a week after FutureHouse launched its API and platform. The...
OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware and California’s attorneys general, both of whom were closely watching as OpenAI tried to break free of its odd corporate structure. Currently, OpenAI’s nonprofit board governs the organization’s for-profit operations....
Particle, the startup behind an AI-powered newsreader that aims to help publishers, not just steal their work, is bringing its product to the web. On Tuesday, the company announced the launch of the new Particle.news website that connects news consumers with headlines and AI summaries...
Finom, an Amsterdam-based digital bank for small- and medium-sized businesses, has raised €92.7 million (roughly $105 million) in a growth investment from General Catalyst’s Customer Value Fund, the company tells TechCrunch exclusively. The capital infusion “will be used exclusively and only for growth” and not...
Google’s iOS app is getting a new “Simplify” feature that uses AI to make complex or technical text on the web easier to understand, all without leaving a web page. Simplify features a prompt refinement approach developed by Google Research, and uses Gemini to make...
Google on Tuesday announced the launch of Gemini 2.5 Pro Preview (I/O edition), an updated version of its flagship Gemini 2.5 Pro AI model that the company claims tops a number of widely-used benchmarks. Gemini 2.5 Pro Preview (I/O edition) is available via the Gemini...
NewLimit, a startup that aims to increase how long people can live a healthy life by genetically programming their cells, has raised $130M....
Every developer has their own unique style of writing code. Despite companies establishing best practices and drawing up documentation, it can be hard for developers to understand someone else’s codebase. To solve this problem, Dennis Pilarinos built a tool called Unblocked — an AI-powered assistant...
Agree.com says its AI-powered e-signature platform is different from competitors because it includes invoicing and payment processing. That’s why the company might have a shot at tackling the industry goliath, Docusign. Because the startup makes its money from transaction fees for any money movement facilitated...
In 2017, Raghav Gupta set out to solve a personal problem: he wanted easy access to the home-cooked meals he grew up eating without having to spend time cooking or spend money on takeout or hiring a private chef. He turned to robotics, which led...
Individuals may work closely with AI agents as they become increasingly prevalent in the workplace. According to a report by Boston Consulting Group, the market for AI agents is expected to grow at a 45% compound annual growth rate over the next five years. Just...
The autonomous navigation market — where ships, guided by AI, steer themselves, resulting in fuel and time savings — is projected to sail past $11 billion by 2028. As a result, companies in this space are pushing on an open door. The latest is Orca...
Most of the apple juice Americans drink is imported, with a large share coming from China. Experts say families should expect to start paying higher prices for the beloved beverage....
Products made in space—and used on Earth—could be a reality in the coming years....
Employer.com has acquired MainStreet.com for an undisclosed amount, the latest fintech startup to get snapped up by the workforce management company. In a post on X, Employer.com Chairman and co-founder Jesse Tinsley said the two companies were “merging forces to simplify business back office solutions...
The startup behind ChatGPT is going to remain in nonprofit control, but it still needs regulatory approval....
The startup behind ChatGPT is going to remain in nonprofit control, but it still needs regulatory approval....
With long waiting lists and rising costs in overburdened healthcare systems, many people are turning to AI-powered chatbots like ChatGPT for medical self-diagnosis. About 1 in 6 American adults already use chatbots for health advice at least monthly, according to one recent survey. But placing...
Recraft, the startup behind a mysterious image model that beat OpenAI’s DALL-E and Midjourney on a respected industry benchmark last year, has raised a $30 million Series B round led by Accel, it exclusively told TechCrunch. Other investors in the round include Khosla Ventures and...
Google will unveil a new version of its Android design language at its upcoming Google I/O developer conference, according to an event schedule posted to its website as well as an accidentally published Google blog post. The I/O session title hints at significant changes in...
Anduril announced its ninth acquisition on Monday with the purchase of Dublin’s Klas, makers of ruggedized edge computing equipment for the military and first responders. Anduril wouldn’t reveal financial details of the deal, and the purchase is subject to regulatory approval, but the company did...
CEO Greg Twiney posted an open letter on the company’s website today pleading for money....
Hasan Sukkar, the founder of AI startup 11x, is stepping down from his role as CEO, Sukkar announced on LinkedIn this morning. Prabhav Jain, 11x’s CTO, has been named the company’s new CEO. Sukkar will move into a “non-executive chairman” position, where he will work...
OpenAI has decided that its nonprofit division will retain control over its for-profit org, after the company initially announced that it planned to convert to a for-profit organization. According to the company, OpenAI’s business wing, which has been under the nonprofit since 2019, will transition...
More than 250 CEOs signed an open letter published in The New York Times on Monday calling for AI and computer science to be “core components” of K-12 curricula. The signatories, which include Microsoft CEO Satya Nadella, Etsy CEO Josh Silverman, and Uber CEO Dara...