Deal Dive: AI’s not the only sector dodging the funding slowdown
Defense tech startups raised sizable rounds in 2023, which shows VCs are interested in the sector despite market conditions. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreSam Bankman-Fried’s shadow still looms over the crypto industry
Photo Illustration by Cath Virginia / The Verge | Photo by Bloomberg, Getty Images Cryptocurrency advocates might believe that FTX’s collapse was an anomaly — but they could have trouble convincing the public of the same. During Sam Bankman-Fried’s monthlong fraud trial, prosecutors presented damning evidence that the fallen crypto
Read moreGoogle DeepMind’s robotics head on general purpose robots, generative AI and office WiFi
[A version of this piece first appeared in TechCrunch’s robotics newsletter, Actuator. Subscribe here.] Earlier this month, Google’s DeepMind team debuted Open X-Embodiment, a database of robotics functionality created in collaboration with 33 research institutes. The researchers involved compared the system to ImageNet, the landmark database founded in 2009 that is
Read moreEdtech giant Byju’s misses revenue projection in delayed financial account
Indian edtech giant Byju’s said on Saturday that revenue of its core business, its largest, in the financial year ending March 2022 stood at $429.18 million, making it clear that the most valuable Indian startup has missed the unaudited $1.25 billion revenue it projected for the group a year ago.
Read moreMusk says X subscribers will get early access to xAI’s chatbot, Grok
Elon Musk’s AI startup, xAI, is creating its own version of ChatGPT. That appears to be the case, at least, from Musk’s tweets on X late Friday evening teasing the AI model xAI has been quietly developing. Called Grok — a name xAI trademarked recently — the model answers questions
Read moreThis EV startup was going to revolutionize how cars were made – now, it’s on life support
Arrival set out eight years ago to make electric vehicle production “radically more efficient.” So far, its plan to forgo the gigafactory for local microfactories has proved anything but. Arrival trumpeted how its automated microfactories would simultaneously churn out electric vans for UPS, cars for Uber drivers and buses for
Read moreSwedish fintech Klarna dodges a strike after reaching agreement with workers
Fintech giant Klarna has reached an agreement with workers that were set to strike next week, the company told TechCrunch today. Klarna employees were planning to strike next week in the fintech’s home country of Sweden, as reported by tech.eu. The dispute was reportedly over the lack of a Collective
Read moreNot many unicorns were spotted in the UK and France this year
Since France and the U.K. have both been vocal about their unicorn goals, it is these two countries we are looking at today. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreSnowflake says Cortex launch puts LLM, GenAI in ‘hands of all users’
Data cloud company Snowflake this week launched Snowflake Cortex, a managed service which it said enables organizations to more easily discover, analyze and build artificial intelligence (AI) applications. It said the new offering, which was launched at the firm’s Snowday 2023 event and is currently in private preview, “gives users
Read moreCyber Security Today, Week in Review for the week ending Friday, Nov. 3, 2023
Welcome to Cyber Security Today. This is the Week in Review for the week ending Friday, November 3rd, 2023. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. In a few minutes Terry Cutler of Montreal’s Cyology Labs will be here to discuss recent
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