Toyota adds $1.3B to US factory to produce three-row all-electric SUV
Toyota will spend an additional $1.3 billion to prepare its Kentucky factory for production of a new three-row all-electric SUV designed for U.S. consumers, the company announced Tuesday. The extra capital pushes Toyota’s total investment into the factory to nearly $10 billion and is the latest example of the automaker’s
Read moreSam Altman admits that ChatGPT has gotten lazy: Hashtag Trending, Tuesday February 6th, 2024
Sam Altman admits what we all knew and promises to fix the laziness that has affected ChatGPT. Some companies may still be sitting on a fortune in – classic IP addresses. IBM is the leader in AI patents, but does it really matter? And you can slow global warming with
Read moreSpotify CEO Daniel Ek tells investors Apple’s DMA rules are a ‘farce,’ but says there are ‘future upsides’ too
Spotify, a notable Apple critic, unsurprisingly came out swinging after Apple announced how it was complying with the EU’s new regulation, the Digital Markets Act, or DMA, calling Apple’s plan “extortion” and a “complete and total farce.” But on its Q4 2023 earnings call with investors, Spotify CEO Daniel Ek
Read moreMedium news, startups: If you start generating cash, you can sell for 4x ARR
Everbridge's deal shows that startups shouldn't expect their valuations to be salvaged that much by cash generation if their growth is all but zero. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreSpotify now the No. 2 audiobook provider, behind Audible, hints at Daylist inspired-suggestions to come
Late last year, Spotify began offering 15 hours of monthly audiobook listening to its Premium subscribers in select markets, including the U.S. Now the company says the new service is the second-largest audiobook provider behind Amazon-owned Audible — something Spotify CEO Daniel Ek said was notable “given how entrenched the
Read moreCritical infrastructure cyber law needed ‘more than ever,’ Parliament told
The Canadian government’s proposed law forcing critical infrastructure providers to toughen their cybersecurity is “needed now more than ever,” an expert told a parliamentary committee on Monday. “We are far behind our allies” in protecting critical infrastructure firms, David Shipley, CEO of New Brunswick’s Beauceron Security and co-chair of the
Read moreLinkedIn’s new feature nudges users to reach out to people in their network
LinkedIn users have a ton of connections in their network, but they don’t reach out to a lot of them regularly. The professional social network is trying to make that happen through a new tab called “Catch Up” in the redesigned My Network section. The new “Catch Up” tab will
Read moreSUMA Wealth grabs $2.2M as its financial platforms reach 1M users
SUMA Wealth’s platforms have seen 62% annual user growth, while revenue increased nearly five times in the past year. © 2024 TechCrunch. All rights reserved. For personal use only.
Read more5 steps board members and startup leaders can take to prepare for a future shaped by GenAI
With greater literacy, focus, professional experience and a vision for the future, boards can position their businesses to thrive in this new era of AI. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreIs Low Precision Arithmetic Safe?
The popularity of low precision arithmetic for computing has exploded since the 2017 release of the Nvidia Volta GPU. The half precision tensor cores of Volta offered a massive 16X performance gain over double precision for key operations. The “race to the bottom” for lower precision computations continues: some have
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