Rocket Lab’s sunny outlook bodes well for future constellation plans
Rocket Lab surpassed $100 million in quarterly revenue for the first time, a 71% increase from the same quarter of last year. This is just one of several shiny accomplishments executives showed off to investors on Thursday — and a good omen for the space company’s medium-term ambitious plans. Executives
Read moreCloudPay, a payroll services provider, lands $120M in new funding
In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several decades, adding workflow automation features to maintain pace with upstart rivals. It’s still growing, CFO Andy Thomson assures TechCrunch. Thomson
Read moreSecurity bugs in ransomware leak sites helped save six companies from paying hefty ransoms
The vulnerabilities allowed one security researcher to peek inside the leak sites without having to log in. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreRabbit’s r1 refines chats and timers, but its app-using ‘action model’ is still MIA
A new "beta rabbit" mode adds some conversational AI chops to the Rabbit r1, particularly in more complex or multi-step instructions. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreArcher to set up air taxi network in LA by 2026 ahead of World Cup
Los Angeles is notorious for its back-to-back traffic. Three events that promise to bring in millions of spectators from around the world — the 2026 World Cup, the Super Bowl in 2027 and the 2028 Olympics — have LA officials searching for a range of new mobility solutions to address
Read moreAmazon is fumbling in India
Amazon's decision to overlook quick-commerce in India is now looking like a significant misstep. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreAd group sued by Elon Musk reportedly disbands
Musk has chosen lawfare over free speech. | Image: Cath Virginia / The Verge, Getty Images A group of advertisers, called the Global Alliance for Responsible Media (GARM), have “discontinued” activities, Business Insider reports, citing an email sent to members. The group said it had limited money, and was focused
Read moreOpenAI finds that GPT-4o does some truly bizarre stuff sometimes
OpenAI’s GPT-4o, the generative AI model that powers the recently launched alpha of Advanced Voice Mode in ChatGPT, is the company’s first trained on voice as well as text and image data. And that leads it to behave in strange ways, sometimes — like mimicking the voice of the person
Read moreBox adds crucial piece to its AI platform with Alphamoon acquisition
On Thursday, Box filled in a missing piece on its AI platform when it bought automated metadata extracting startup, Alphamoon. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreOpenAI adds a Carnegie Mellon professor to its board of directors
OpenAI has announced a new appointment to its board of directors: Zico Kolter. Kolter, a professor and director of the machine learning department at Carnegie Mellon, predominantly focuses his research on AI safety. This makes him an “invaluable technical director for [OpenAI’s] governance,” OpenAI writes in a post on its
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