Fintech exploded over the last five years. Startups in the category raised more than $350 million in VC funding from 2019 through 2023, according to data from CB Insights. Despite all that growth, Eric Gylman, the co-founder and CEO of Ramp thinks that the industry,...
Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder, Benjamin Fernandes, said they intended to build their products on this premise right from the outset. Over the...
The five-person firm is one of the few, if not the only, funds focused exclusively on strengthening opportunities between these two countries. © 2024 TechCrunch. All rights reserved. For personal use only....
TigerEye CEO Tracy Young and her husband and CTO Ralph Gootee helped build their previous startup, PlanGrid, into a $100 million ARR business before selling it to Autodesk for $875 million in 2018. Yet in spite of that success, they always felt they left business...
Time is running out to be a part of the action at TechCrunch Early Stage 2024! Want to make a splash in Boston’s tech scene? Don’t miss your opportunity to host a Side Event — applications close tomorrow, March 20, at 11:59 p.m. PT! Side...
YouTube now requires a label for some generative AI content. Animations made for kids are exempt....
Monday's keynote was, in a way, a return to the company's original mission. © 2024 TechCrunch. All rights reserved. For personal use only....
Google’s trying to make waves with Gemini, a flagship suite of generative AI models, apps and services. But while Gemini appears to be promising in a few aspects, it’s falling short in others — as our informal review revealed. So what is Gemini? How can...
A soccer AI model created by Google DeepMind makes predictions about where corners will go, and suggests tweaks to make goals more or less likely....
The Los Angeles County Employees Retirement Association (LACERA) voted to decrease its allocation range to venture capital at a March 13 meeting. The board of investments voted to decrease its allocation range to venture capital and growth equity from between 15% and 30% of the...
At its GTC conference, Nvidia today announced Nvidia NIM, a new software platform designed to streamline the deployment of custom and pre-trained AI models into production environments. NIM takes the software work Nvidia has done around inferencing and optimizing models and makes it easily accessible...
It’s tough to argue with Nvidia CEO Jensen Huang when he notes, “Building foundation models for general humanoid robots is one of the most exciting problems to solve in AI today.” The humanoid form factor is one of the most hotly contested topics in the...
Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13 email to a customer viewed by TechCrunch, with a subject line that read: “Important Notice: Termination...
Elon Musk’s xAI released its Grok large language model as “open source” over the weekend. The billionaire clearly hopes to set his company at odds with rival OpenAI, which despite its name is not particularly open. But does releasing the code for something like Grok...
Telegram founder and CEO Pavel Durov said on his channel today that the company secured $330 million in investment through bond sales last week. Durov said that the offering was oversubscribed with favorable terms to the company. “This bond offering was oversubscribed, and we were...
Chip giant Nvidia is hosting a massive AI conference as part of its GTC event this week, which kicks off Monday. With a keynote planned from Jensen Huang, CEO and co-founder, of the company best known in year’s past for its gaming hardware and today...
Tech aficionados, startup enthusiasts, marketing wizards, and venture capitalists on the rise — seize the opportunity to showcase your expertise at TechCrunch Disrupt 2024, happening from October 28–30 in San Francisco. Share your insights and shape the conversation! Apply to speak at TechCrunch Disrupt We’re...
Sensor Tower, a leading app analytics firm, is acquiring rival Data.ai in a move that consolidates the mobile intelligence industry, creating a powerhouse that could dominate the sector and provide aggressively competitive insights into the app economy. Sensor Tower and Data.ai help businesses and developers...
While some investors are loudly bemoaning that the IPO window can’t stay shut forever, other VCs themselves are actually part of the problem. A lot of standard VC deal terms give investors the ability to block an IPO or acquisition if they didn’t think the...
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Monday show, in which we take a look back at the weekend and what’s ahead in the week. We’re coming...
The job of so-called “solutions professionals” — people like sales engineers, solutions architects and consultants — revolves around pitching complex enterprise tech to potential customers. It’s important work. But despite this being the case, rarely are solutions teams adequately staffed and resourced, according to entrepreneur...
Raising capital sounds simple: You hand over shares, investors hand over cash, and everyone then gets back to work. The reality is a little bit more complicated. If you are selling equity, are you doing so in a priced round? Or via a convertible note,...
Those sounds you hear when you’re alone in a Huddle aren’t canned. They’re uncanny....
WIRED reviewed edits made by Reddit to its IPO filings over the years ahead of its stock market debut this week. Here are seven big takeaways....
Apple is looking to team up with Google for a mega-deal to leverage the Gemini AI model for features on iPhone, Bloomberg reported. This will put Google in a commanding position as the company already has a deal with Apple as the preferred search engine...
Still the stuff of concepts and flights of fancy in the West, automakers on the other side of the world are putting copters in their cars....
Poseidona is a Barcelona-based developer of sustainable food technology. It takes invasive seaweed and algal side-streams to make proteins. In this case, it's a soy protein alternative. © 2024 TechCrunch. All rights reserved. For personal use only....
Elon Musk’s xAI has open-sourced the base code of Grok AI model, but without any training code. The company described it as the “314 billion parameter Mixture-of-Expert model” on GitHub. In a blog post, xAI said that the model wasn’t tuned for any particular application...
Arjun Sethi speaks with the confidence of someone who knows more than other people, or else who knows that sounding highly confident can shape perception. Either way, when he tells me over Zoom that “in five years, I’ll have 50% of the world’s private data”...
Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own....