In enterprise software-as-a-service (SaaS), usage-based pricing, a pricing model in which customers are charged only when they use a product or service, is gaining ground. According to a report from VC firm OpenView, ~60% of SaaS businesses offer some form of usage-based pricing today. Recently,...

“We’re fundamentally a software company,” Locus CEO Rick Faulk says with a laugh. We look like a robot company, but we’re actually a software company.” It’s a familiar refrain from companies whose most public-facing products are hardware. That’s certainly the case with Locus, which produces...

The long-running dearth of IPOs could be coming to a close, partly due to Reddit’s upcoming public debut. Expected to list this month, Reddit saw its valuation soar during the pandemic. Now, the company is fighting to retain as much of its final private-market price...

Deepgram has made a name for itself as one of the go-to startups for voice recognition. Today, the well-funded company announced the launch of Aura, its new real-time text-to-speech API. Aura combines highly realistic voice models with a low-latency API to allow developers to build...

Recalls are costly for — and damaging to — any company, no matter the size or market. For instance, McKinsey estimates that, for businesses manufacturing medical devices, recalls have been as high as $600 million in recent decades. The reputational impact tends to be lasting;...

DoorDash hopes to reduce verbally abusive and inappropriate interactions between consumers and delivery people with its new AI-powered feature that automatically detects offensive language. Dubbed “SafeChat+,” DoorDash is leveraging AI technology to review in-app conversations and determine if a customer or Dasher is being harassed....

AI might be the “it thing” of the moment. But that doesn’t mean it’s getting easier to deploy. According to 2023 S&P Global survey, about half of companies with at least one AI project in production are still at the pilot or proof-of-concept stages. The...

If you want to ask Google’s AI chatbot a question about an upcoming election, you will have to do it from a country where there are no elections taking place. TechCrunch has learned that the search giant has started to restrict queries made Gemini when...

Even as quick commerce is slowly fading in many markets and several heavily-funded startups have folded in the past two years, India is emerging as a striking outlier where the model remains vibrant. India’s quick commerce market has witnessed a staggering 10-fold growth between 2021...

Perhaps a few years from now, the halls of the Georgia World Congress Center will be peppered with humanoid robots the week of Modex. In 2024, however, Digit stands alone at the supply chain show. It’s a testament to Agility’s healthy head start over competitors...

Should artists whose work was used to train generative AI like ChatGPT be compensated for their contributions? Peter Deng, VP of consumer product at OpenAI — the maker of ChatGPT — was loath to give an answer when asked on SXSW’s main stage this afternoon....

After frenzied speculation that a recent photo of Kate Middleton and her children was AI generated, the Duchess of Cambridge herself had to address the controversy. “Like many amateur photographers, I do occasionally experiment with editing,” Middleton wrote in a statement. “I wanted to express...

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