Sankaet Pathak’s last startup, fintech Synapse, filed for bankruptcy in 2024 amid issues with partner Evolve Bank & Trust. Tens of millions of dollars in deposits made by consumers, mostly customers of fintechs that worked with Synapse, remain unaccounted for. Yet according to The Information,...
Social media startup Fizz is suing grocery delivery giant Instacart and party planning app Partiful for trademark infringement, the company announced on Thursday. Earlier this week, Instacart launched a new drinks and snack delivery app for parties called Fizz and announced that Partiful had integrated Fizz...
Meta has chosen Robert Fergus to lead its Fundamental AI Research (FAIR) lab, according to Bloomberg. Fergus had been working at Google DeepMind as a research director for roughly five years, per his LinkedIn. Prior to Google, he worked as a researcher scientist at Meta....
Google is rolling out a feature in its Gemini API that the company claims will make its latest AI models cheaper for third-party developers. Google calls the feature “implicit caching” and says it can deliver 75% savings on “repetitive context” passed to models via the...
A US deal to drop car tariffs from 25 to 10 percent could bolster UK luxury car sales—but only for the first 100,000 vehicles. This is particularly welcome news for Jaguar Land Rover....
Google announced on Thursday that it’s rolling out new AI-powered defenses to help combat scams on Chrome. The tech giant will begin using Gemini Nano, its on-device large language model (LLM), on desktop to protect users against online scams. It’s also launching new AI-powered warnings...
If you’ve been waiting for the right moment to act, this is it. You have just 24 hours left to secure your exhibit table at TechCrunch Sessions: AI and position your brand at the center of the conversation shaping the future of the AI industry....
It took seven years of hard work for Kareem Amin, co-founder and CEO of sales automation startup Clay, to see the company’s product finally take off in 2022. Since then, the startup has experienced explosive growth, reached a valuation exceeding a billion dollars, and expanded...
OpenAI is introducing a new data residency program in Asia, the company announced Thursday, following the rollout of its data residency program in Europe in February. The new program, which is available for OpenAI’s ChatGPT Enterprise, ChatGPT Edu, and the OpenAI API, aims to help...
Amazon said Thursday it is releasing a new generative AI-powered tool to help merchants improve their listings with missing details or attributes. Sellers often have hundreds of products listed on Amazon, and they need to update information related to them from time to time, which...
Turns out, telling an AI chatbot to be concise could make it hallucinate more than it otherwise would have. That’s according to a new study from Giskard, a Paris-based AI testing company developing a holistic benchmark for AI models. In a blog post detailing their...
Hims & Hers, the telehealth and wellness company, has hired a veteran of the autonomous vehicle industry as its next chief technology officer. The move, according to Hims & Hers co-founder and CEO, Andrew Dudum, was intentional. Hims & Hers on Thursday said its next...
Simo, already a board member at OpenAI, will transition out of Instacart over the next few months and join the AI company full-time as Application CEO....
In a rare moment of global consensus, AI researchers from the US, Europe, and Asia came together in Singapore to form a plan for researching AI risks....
Donald Trump has proposed launching a “gold card” program offering US residency for $5 million. Elon Musk’s DOGE has begun rolling out the technology to enable it....
Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it’s invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are...
OpenAI has met with officials from the U.S. Food and Drug Administration (FDA) to discuss the agency’s use of AI to speed up drug evaluations, Wired reported on Wednesday. According to the report, OpenAI and the FDA have discussed a project called cderGPT, which seems...
During his junior year study abroad, Max Morganroth, traveled to 30 countries, primarily flying in business and first class. His jet setting was funded almost entirely by airline points he collected through strategic credit card applications and miles redemptions. Morganroth told TechCrunch that just about...
Anthropic is launching a new API that allows its Claude AI models to search across the web. Developers using it can build Claude-powered apps that deliver up-to-date info, the company said in a press release published Wednesday. The rollout of the API comes as AI...
High-ranking OpenAI employees have met with the FDA multiple times in recent weeks to discuss AI and a project called cderGPT....
Amazon says that it has developed a new warehouse robot, Vulcan, that can “feel” some of the items it touches. The two-armed Vulcan, which can maneuver goods inside the storage compartments Amazon has in its warehouses, uses force sensors to help it know when it makes...
A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian cab-hailing startup that abruptly halted operations last month, TechCrunch has learned. The proposal from these existing investors has a catch: its contingent on...
OpenAI is launching a program, OpenAI for Countries, that the company says will enable it to build out the local infrastructure needed to better serve international AI customers. As a part of the new program, OpenAI will partner with governments to assist with efforts like...
Enterprise workflow management platform ServiceNow on Wednesday announced its second AI-related acquisition this year. ServiceNow said that it has signed a definitive agreement to acquire Data.World, a cloud-native data catalog and data governance platform. Austin, Texas-based Data.World was founded in 2015, and previously raised more...
Apple is looking at adding AI search engines from OpenAI, Perplexity, and Anthropic into Safari, Bloomberg reported on Wednesday. Eddy Cue, Apple’s Senior Vice President of Services, made the statement during his testimony in the U.S. Justice Department’s lawsuit against Alphabet. Cue’s disclosure was part...
Design company Figma today announced multiple features, including AI-powered site and web app creation, a way for marketers to create assets in bulk, and a new drawing tool. With this launch, the company is taking on other creative solutions such as Canva and Adobe, along...
In February of 2024, equity management startup Carta revealed that it was getting into the startup winddown business with a new offering called Carta Conclusions. By December, the company had decided to “retire” that offering, according to a blog post. And now, SimpleClosure, a startup...
Microsoft says that it’s embracing Google’s recently launched open protocol for allowing AI “agents” to communicate with each other. On Wednesday, Microsoft announced that it would bring support for Google’s Agent2Agent (A2A) spec to two of its AI development platforms, Azure AI Foundry and Copilot...
French AI startup Mistral is releasing a new AI model, Mistral Medium 3, that’s focused on efficiency without compromising performance. Available in Mistral’s API priced at $0.40 per million input tokens and $20.80 per million output tokens, Mistral Medium 3 performs “at or above” 90%...
Tech executives have long talked about how AI is going to revolutionize the advertising industry. In particularly, Meta CEO Mark Zuckerberg has been quite vocal about how exactly he wants his company to lead the transformation. Speaking onstage at Stripe’s annual Sessions conference in San...