Venture firm CRV returns $275 million citing overvaluation of mature startups
CRV, a more than 50-year-old venture firm, is returning to investors $275 million from its $500 million Select fund, which backs later-stage rounds of existing portfolio companies, the New York Times reported. The firm is one of the first Silicon Valley outfits to return committed capital to investors. (We reported
Read moreFour-legged robot learns to climb ladders
The proliferation of robots like Boston Dynamics’ Spot has showcased the versatility of quadrupeds. These systems have thrived at walking up stairs, traversing small obstacles, and navigating uneven terrain. Ladders, however, still present a big issue — especially given how ever present they are in factories and other industrial environments
Read moreMeta confirms it may train its AI on any image you ask Ray-Ban Meta AI to analyze
We recently asked Meta if it trains AI on photos and videos that users take on the Ray-Ban Meta smart glasses. The company originally didn’t have much to say. Since then, Meta has offered TechCrunch a bit more color. In short, any image you share with Meta AI can be
Read moreThe feds still can’t get into Eric Adams’ phone
Image: Kristen Radtke / The Verge New York City Mayor Eric Adams, who was indicted last week on charges including fraud, bribery, and soliciting donations from foreign nationals, told federal investigators he forgot his phone password before handing it over, according to charging documents. That was almost a year ago,
Read moreCancer AI Alliance joins medical and tech expertise together with $40M to collaborate on next-gen care
A group of major medical institutions specializing in cancer care have formed a partnership to better take advantage of AI’s potential to advance the space. With $40 million of cash and resources from big tech backers, the Cancer AI Alliance (CAIA) could be a huge step forward in precision medicine.
Read moreFormer head of YC’s Continuity Fund Ali Rowghani launches new seed firm
Ali Rowghani, a former Y Combinator managing director and former Twitter executive, is launching a venture firm called Maxq. Maxq is targeting $250 million for its debut fund, Maxq Fund I, according to an SEC filing. The firm will focus on seed-stage investments, Axios reported on Wednesday. Rowghani’s former YC
Read moreOpenStack is ready for the VMware refugees
Broadcom’s acquisition of VMware has left a lot of customers uneasy (and with rising bills). For the longest time, VMware was the de facto standard for enterprise virtualization. Now, a lot of businesses are looking for alternatives, and with that, the OpenStack project for managing cloud infrastructure (and one of
Read moreRay-Ban Meta + facial recognition = Terminator vision for doxxing
Any piece of popular consumer electronics will eventually be hacked, often to prove a point. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreFCC is offering $200 million to protect schools and libraries from hackers
Illustration: Beatrice Sala The Federal Communications Commission is making up to $200 million available to help schools and libraries make their computer systems more secure. The Schools and Libraries Cybersecurity Pilot Program will be used to evaluate whether to fund this kind of program on a more permanent basis. The
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