Pear wants to empower up-and-coming VCs with its new emerging managers in residence program
When seed-focused Pear VC raised a $432 million fund last year, the firm co-founder Pejman Nozad said that it meant his firm had reached its “own product-market-fit.” That fourth fund was nearly three times larger than its previous $160 million fund. The 11-year-old firm wants to help emerging venture funds
Read more13 companies from YC Demo Day 1 that are worth paying attention to
Unsurprisingly, AI companies dominated the day, with startups looking to apply the technology to problems like estate planning and automating clinical trial data. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreSam Altman reportedly poised to get equity in OpenAI for the first time
Following the abrupt departure of OpenAI’s CTO, Mira Murati, CEO Sam Altman is reportedly poised to receive equity in the company for the first time as OpenAI moves away from its longstanding nonprofit structure. Reuters, citing people familiar with the matter, reports that OpenAI plans to restructure into a for-profit
Read moreMeta announces $300 Quest 3S, a cheaper take on mixed reality
The Meta Quest S3 is up for preorder Wednesday. It starts shipping October 15. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreMeta teases Orion, brain-powered true AR glasses in a tiny package
The Orion glasses, which are notably significantly smaller than Snap's recently announced Spectacles 5, are true AR. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreY Combinator’s next Demo Day will include in-person seats for top VCs, Garry Tan says
Y Combinator CEO Garry Tan wants to bring the famed accelerator’s Demo Day presentations back as in-person events by the end of the year. During Tan’s opening remarks during Wednesday’s YC summer cohort Demo Day, he said this week’s Demo Day presentations will, “knock on wood,” be the final ones
Read moreMeta Connect 2024: Orion glasses, Quest 3S headset, Meta AI upgrades, Ray-Ban Meta real-time video, and more
Meta Connect 2024 is a developer-centric event featuring a keynote from CEO Mark Zuckerberg. He showcased new hardware and software to support two of Meta’s big ambitions: AI and the metaverse. This included everything from new Quest headsets, updates to Meta’s Llama AI model, and even a new fully AR
Read moreMeta developed a ‘neural interface’ for its next-gen Orion AR glasses
Meta's next-gen Orion AR glasses come with a wrist-worn "neural interface" for navigation and control. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreAfter losing a peering lawsuit in Germany, Meta says it’s never getting back together with Deutsche Telekom
Consumer apps can generate a lot of traffic and revenue, but some carriers have complained that they’re not getting a fair cut of the pie for carrying all that traffic across their network infrastructure. But if you were looking for a test case that demonstrated how the two sides might
Read moreAyrton Energy mimics margarine to store hydrogen safely
As the universe’s lightest gas, hydrogen is tricky to contain. But there’s an alternative: attaching hydrogen atoms to a carrier molecule that’s easier to move. © 2024 TechCrunch. All rights reserved. For personal use only.
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