Unity co-founder David Helgason’s next act: Gaming the climate crisis
In an interview at his home near Reykjavík, the entrepreneur-turned-VC shared thoughts on his ventures and the journey that led him from Unity to climate tech, a homecoming of sorts. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreFisker collapsed under the weight of its founder’s promises
Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. Over the past eight years, famed vehicle designer Henrik Fisker suggested his EV startup would deliver on a lot of promises, but none came true.
Read moreWTF is AI?
What is AI? We've put together this non-technical guide to give anyone a fighting chance to understand how and why today's AI works. © 2024 TechCrunch. All rights reserved. For personal use only.
Read morePresident Biden vetoes crypto custody bill
President Joe Biden has vetoed H.J.Res. 109, a congressional resolution that would have overturned the Securities and Exchange Commission’s current approach to banks and crypto. Specifically, the resolution targeted the SEC’s Staff Accounting Bulletin 121, which presents guidance around how banks can handle customers’ crypto assets — in effect, they
Read moreIndustries may be ready for humanoid robots, but are the robots ready for them?
How large a role humanoids will play in that ecosystem is, perhaps, the biggest question on everyone’s mind at the moment. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreVCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market
VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to get into such deals at all. Yet, small, unknown investors, including family offices and high-net-worth individuals, have found their own way to
Read moreDeal Dive: How (Re)vive grew 10x last year by helping retailers recycle and sell returned items
The fashion industry has a huge problem: Despite many returned items being unworn or undamaged, a lot, if not the majority, end up in the trash. An estimated 9.5 billion pounds of returns ended up in landfills in 2022 alone, according to data from return logistics software company Optoro. New
Read moreYou can no longer use Tumblr’s tipping feature
Tumblr officially shut down “Tips,” an opt-in feature where creators could receive one-time payments from their followers. As of today, the tipping icon has automatically disappeared from all posts and blogs with the feature enabled. Creators that use the feature should note that June 15 is the last day they
Read moreDuct tape value creation
Excerpt from from John Carmack’s review of the book Bullshit Jobs. He talks about how software developers bemoan duct taping systems together, and would rather work on core technologies. He thinks it is some tragic failure, that if only wise system design was employed, you wouldn’t be doing all the
Read moreAI training data has a price tag that only Big Tech can afford
Generative AI improvements are increasingly being made through data curation and collection — not architectural — improvements. Big Tech has an advantage. © 2024 TechCrunch. All rights reserved. For personal use only.
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