EnCharge AI, a semiconductor startup developing analog memory chips for AI applications, has raised more than $100 million in a Series B round led by Tiger Global to spur its next stage of growth. The funding is significant partly because interest in AI is at...
A new study argues that data centers could be ideal demand-response participants because they have the potential to be flexible. © 2024 TechCrunch. All rights reserved. For personal use only....
Uber Eats customers in Jersey City can now have their orders delivered by one of Avride’s autonomous sidewalk delivery robots. The launch, which kicked off this week in New Jersey, is Uber’s latest foray into autonomous vehicles and represents an expanding relationship with Avride. The...
Apptronik, a University of Texas spin-out that was quietly building humanoid robots before it became quite so fashionable, on Thursday announced a $350 million Series A round of financing. B Capital and Capital Factory co-led the round, which also featured participation from Google, whose DeepMind...
In a court filing on Wednesday, a lawyer for Elon Musk said the billionaire will withdraw his $97.4 billion bid for OpenAI’s nonprofit if the ChatGPT maker’s board of directors “preserve the charity’s mission” and halt its conversion to a for-profit corporation. The filing, submitted...
Big Tech and pharmaceutical companies are accelerating the implementation of artificial intelligence in the healthcare industry. Just last month, AWS and General Catalyst announced their partnership to speed up the development and deployment of healthcare AI tools. GE Healthcare teamed up with AWS to build...
A new startup founded by a former Google DeepMind scientist is exiting stealth with $50 million in funding. Latent Labs is building AI foundation models to “make biology programmable,” and it plans to partner with biotech and pharmaceutical companies to generate and optimize proteins. It’s...
Reddit CEO Steve Huffman said the online forum site plans to launch an upgraded search experience in 2025 designed to help users navigate the social network and be able to answer “subjective hard, [and] interesting questions.” The company plans to achieve this by integrating Reddit...
OpenAI is making clear that its AI models won’t shy away from sensitive topics, and will refrain from making assertions that might “shut out some viewpoints.” In an updated version of its Model Spec, a collection of high-level rules that indirectly govern OpenAI’s models, OpenAI says that...
OpenAI has effectively canceled the release of o3, which was slated to be the company’s next major AI model release, in favor of what CEO Sam Altman is calling a “simplified” product offering. In a post on X on Wednesday, Altman said that, in the...
Apple is exploring both humanoid and non-humanoid robotic form factors, according to a new scoop from longtime Apple analyst Ming-Chi Kuo. The intel comes on the heels of a research paper from the iPhone maker that explores human interactions with “non-anthropomorphic” robots — specifically a...
May Mobility is deploying autonomous vehicles differently than its peers. Rather than operate robotaxis for individual ride-hail, May has followed a “gentle onramp” approach to commercialization by offering on-demand shuttles and pooled rides within campuses and along uncomplicated routes. The startup announced Wednesday the launch...
Meta is reportedly in talks to acquire a South Korean chip firm as the social media giant looks to bolster its AI hardware infrastructure. Meta may announce its intent to purchase FuriosaAI, a chip startup founded by former Samsung and AMD employees, as soon as...
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. The billionaires are fighting again. On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. In response to...
Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has acquired software security review startup SafeBase for $250 million. SafeBase co-founders Al Yang (CEO) and Adar Arnon (CTO) will retain their roles, and SafeBase will continue to...
If you follow fintech on X, it’s very likely that you have come across the account of Sheel Mohnot, co-founder and general partner of Better Tomorrow Ventures. With over 150,000 followers, Mohnot has built an impressive presence on the social media site. Interestingly, many of...
Right after the end of the AI Action Summit in Paris, Anthropic’s co-founder and CEO Dario Amodei called the event a “missed opportunity.” He added that “greater focus and urgency is needed on several topics given the pace at which the technology is progressing” in...
With over 1,000 insurance companies in the U.S., figuring out how to get paid by each company is a complex challenge for doctors and hospitals. Each insurance may require slightly different information on medical claims, even for the same procedure. Incorrectly filed claims can lead...
“The fintech market is hot again,” said Sheel Mohnot, fintech investor and founder of Better Tomorrow Ventures (BTV). “And we are going to see some more exits in the near future.” According to recent reports, fintech funding is on the rise, with global investment hitting...
When cloud providers like Microsoft Azure and AWS launched cloud software marketplaces a decade ago, it opened up a new sales channel for software-as-a-service (SaaS) companies to get in front of potential enterprise customers. These marketplaces effectively enabled SaaS companies to bypass the traditional, lengthy...
More and more legal professionals are embracing AI, surveys show. Per a recent poll from legaltech company Clio, 79% of firms used some form of AI for casework last year, up from just 19% in 2023. Despite some skepticism of the tech, in-house counsel has...
Brands are constantly trying to streamline how they source packaging materials and ingredient suppliers for their products in order to quickly meet consumer demand. However, even today this process can involve some laborious wandering around trade shows. Keychain is an AI-powered platform that aims to...
Firefly's Standard plan costs $9.99 per month, the Pro plan will run users $29.99 a month, and there's a more extensive Premium tier in the works. © 2024 TechCrunch. All rights reserved. For personal use only....
If you’re working for a small company and want to build a client portal or an internal tool, it can be difficult to find the budget and resources to allocate a developer to that small project. That’s why more than 600,000 people, including project managers,...
After former Binance CEO Changpeng Zhao went to prison, Richard Teng set out to show that the crypto exchange is now on its best behavior....
The "cease work" order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will stall regulation that could govern tech companies like Apple and Google....
The Electronic Frontier Foundation filed the complaint on behalf of US federal workers, arguing that DOGE’s data access is illegal and should be cut off....
ChatGPT, OpenAI’s chatbot platform, may not be as power-hungry as once assumed. But its appetite largely depends on how ChatGPT is being used, and the AI models that are answering the queries, according to a new study. A recent analysis by Epoch AI, a nonprofit...
Google Tuesday confirmed that its annual developer conference is set for May 20-21, 2025. The event will be held at the usual spot, Mountain View’s Shoreline Amphitheater, a few minutes — depending on traffic — from Google HQ. The two-day event is a mix of...
Microsoft has added another 389 megawatts of renewable power to its portfolio as the tech giant scrambles to meet the power demands required to match its AI ambitions. The additional renewable power spans three solar projects developed by EDP Renewables North America — two in...