OpenStack allows enterprises to manage their own AWS-like private clouds on-premises. Even after 29 releases, it’s still among the most active open-source projects in the world and this week, the OpenInfra Foundation that shepherds the project announced the launch of version 29 of OpenStack. Dubbed...

CB Insights released its Q1 2024 State of Venture Report, revealing that fintech funding slid by 16% during the three-month period. © 2024 TechCrunch. All rights reserved. For personal use only....

Agility Robotics on Thursday confirmed that it has laid off a “small number” of employees. The well-funded Oregon-based firm says the job loss is part of a company-wide focus on commercialization efforts. “As part of Agility’s ongoing efforts to structure the company for success, we...

OpenAI is expanding a program, Custom Model, to help enterprise customers develop tailored generative AI models using its technology for specific use cases, domains and applications. Custom Model launched last year at OpenAI’s inaugural developer conference, DevDay, offering companies an opportunity to work with a...

Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within just 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing the Zepto management. The startup, which competes with Zomato-owned Blinkit and SoftBank-backed Swiggy Instamart, is also gaining...

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish pieces throughout the year as the AI boom continues,...

DataStax made a name for itself by commercializing the open source Apache Cassandra NoSQL database, but these days, the company’s focus is squarely on using its database chops to build a “one-stop GenAI stack.” One of the first building blocks for this was to bring...

DataStax made a name for itself by commercializing the open source Apache Cassandra NoSQL database, but these days, the company’s focus is squarely on using its database chops to build a “one-stop GenAI stack.” One of the first building blocks for this was to bring...

SiMa.ai, a Silicon Valley-based startup producing embedded ML system-on-chip (SoC) platforms, today announced that it has raised a $70 million extension funding round as it plans to bring its second-generation chipset, specifically built for multimodal generative AI processing, to market. According to Gartner, the market...

SiMa.ai, a Silicon Valley-based startup producing embedded ML system-on-chip (SoC) platforms, today announced that it has raised a $70 million extension funding round as it plans to bring its second-generation chipset, specifically built for multimodal generative AI processing, to market. According to Gartner, the market...

SingleInterface, a SaaS startup offering tools to offline businesses to grow their revenues by leveraging the web, has raised $30 million in its maiden external fundraising round as the Singaporean startup seeks to expand its footprint internationally and improve products to make them more relevant...

For every tech success story, there are countless projects that slam headlong into the brick wall of reality. Apple’s electric vehicle ambitions are one of the most recent — and, frankly, best — examples of a project failing in spite of seeming to have everything...

Despite an overall decline in startup investing, funding for AI surged in the past year. Capital toward generative AI ventures alone nearly octupled from 2022 to 2023, reaching $25.2 billion toward the tail end of December. So it’s not exactly surprising that AI startups dominated...

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