Another blow for self-driving trucks as former industry leader abandons the US
When TuSimple went public in 2021 it was flying high as the leading self-driving trucks developer in the United States. Now — after a string of internal controversies and the loss of a critical partnership with truck manufacturer Navistar — TuSimple is exiting the U.S. altogether. The publicly traded company
Read moreAnalytics can solve generative AI apps’ product problem
Technology alone isn’t a sustainable moat for AI products, especially with the barrier to entry only continuing to go down. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreCanadian law regulating social media platforms is needed fast, Parliament told
Canada must quickly pass legislation to oversee social media platforms, says an expert in cybersecurity law, including appointing an independent regulator who can levy “hefty” financial penalties. “It is time to act now,” Emily Laidlaw, Canada Research Chair in Cybersecurity Law at the University of Calgary, told a Parliamentary committee
Read moreToday’s AI funding rush reminds me of the fintech investing hype of 2021
We're seeing a lot of folks push their capital into just a few squares on the betting table. One way or another, the result is going to be notable. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreVeteran life sciences firm RA Capital spins up ‘planetary health’ team to ride climate tech wave
Partners at RA Capital realized that if they didn't try to address climate change and its health effects, their life science investments wouldn't be as impactful. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreKyron Learning secures $14.6M to expand its conversational AI technology
Kyron Learning, an AI-based learning startup, announced today its $14.6 million Series A funding round plus a $850,000 grant from the Bill & Melinda Gates Foundation. The new capital will further develop the platform’s generative AI capabilities and build out its K-12 math curriculum. Today, the company is opening the
Read moreMeta and IBM form an AI Alliance, but to what end?
Meta, on an open source tear, wants to spread its influence further and wider in the ongoing battle for AI mindshare. This morning, the social network announced that it’s teaming up with IBM, whose audience is decidedly more corporate and enterprise, to launch the AI Alliance, a industry body to
Read moreEnCharge raises $22.6M to commercialize its AI-accerating chips
Around a year ago, TechCrunch wrote about a little-known company developing AI-accelerating chips to face off against hardware from titans of industry — e.g. Nvidia, AMD, Microsoft, Meta, AWS and Intel. Its mission at the time sounded a little ambitious — and still does. But to its credit, the startup,
Read moreVancouver’s Fantuan raises $40M to deliver real Chinese food at your doorstep
For those who move abroad from China, one thing they miss dearly is the convenience of food delivery apps. Fantuan, a Vancouver-based company, has been working on replicating the experience of Chinese food delivery platforms in the West for the past nine years. Recently, it raised some fresh capital to
Read moreAmazon Set to Rival Locally Dominating Ecommerce Giant Takealot
Amazon, American e-commerce giant is officially going to be launching in the South African market in 2024. The online marketplace has opened registrations for merchants to place their products on the site ahead of the launch next year. Fierce Competition in the South African E-Commerce Sector This move has placed
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