Monarch Tractor lays off 10% in restructuring towards software and licensing AV tech
Monarch Tractor has laid off around 10% of its workforce as part of a restructuring that will see it prioritize non-agricultural customers, license its autonomous technology, and boost sales of its AI-powered farm management software, TechCrunch has learned. Around 35 employees were cut this week by the Livermore, California-based autonomous
Read moreStartup land wasn’t as quiet this week as you might’ve expected
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here! This week probably wasn’t the best one to make any type of big announcement. But when it comes to startups, there are quite
Read moreSupersonic aircraft startup Exosonic is shutting down
Exosonic, a startup developing supersonic commercial air travel and UAV tech, is winding down after five years of operation. In an update posted to its website, Exosonic said it was unable to find the traction necessary to continue operations. “Although the founders and team still believe in the need/desire for
Read moreTrump included Elon Musk on call with Zelenskyy
President-elect Donald Trump looped in Elon Musk on his phone call with Ukraine’s President Volodymyr Zelenskyy on Wednesday, according to Axios. As one of Trump’s top campaign donors, Musk has forged a strong alliance with the incoming president. The Tesla CEO has been rumored as a candidate for a position
Read moreTesla is part of the trillion-dollar club again
Tesla shares have popped since the U.S. election as investors bet that a Trump presidency will benefit the automaker led by ally Elon Musk. Tesla’s shares have rallied nearly 30% since Tuesday, including an increase Friday morning that pushed the company’s market cap past the $1 trillion mark. The share
Read moreThe Beatles’ AI-assisted track ‘Now and Then’ is nominated for two Grammy awards
The Beatles have been nominated for two Grammy awards this year, and no, we did not accidentally fall into a time warp back to the 1960s. The Beatles’ song “Now and Then,” refined with the use of AI and released last year, is up for Record of the Year and
Read moreWhat a second Trump presidency means for tech
Image: Laura Normand / The Verge Donald Trump’s second term means significant changes for AI, crypto, and EV policy. When Donald Trump is inaugurated as president for the second time in January 2025, he will assume power over the regulation of a tech industry that’s changed significantly since his first
Read moreHow AI startup Conflixis is protecting hospitals from corrupt doctors
After a career as a corruption investigator, Aaron Narva had an idea for a startup in the age of LLM AI: help hospitals identify risky behavior by doctors. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreUnifyApp’s AI-powered app integration platform grabs $20M from ICONIQ Growth
These days, it seems like every company either wants to or is already offering an AI product or service. For startups building an AI product in this space, it’s a really good time, but they aren’t without their challenges — the tech is still early, and though many companies are
Read moreFBI says hackers are sending fraudulent police data requests to tech giants to steal people’s private information
The warning is a rare admission from the FBI about the threat from fake emergency data requests submitted by hackers with access to police email accounts. © 2024 TechCrunch. All rights reserved. For personal use only.
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