Krafton commits $150 million to India following BGMI trial approval
South Korean gaming behemoth Krafton plans to invest another $150 million in India over the next 2-3 years after securing permission to trial its popular battle royale game in India following two bans. Thursday’s announcement follows Krafton investing about $140 million in 11 Indian startups and the local gaming ecosystem
Read moreAnthropic launches improved version of its entry-level LLM
Anthropic, the AI startup co-founded by ex-OpenAI execs, has released an updated version of its faster, cheaper text-generating model available through an API, Claude Instant. The updated Claude Instant, Claude Instant 1.2, incorporates the strengths of Anthropic’s recently announced flagship model, Claude 2, showing “significant” gains in areas such as
Read moreReddit’s menswear hub is the latest casualty of its battle with moderators
The widespread protests against Reddit’s API changes reached a boiling point last month after the company forcibly reopened r/malefashionadvice — the largest subreddit that stayed dark after the blackout — booted the moderators, and appointed new ones. The moderators of r/malefashionadvice (MFA) opted to keep the subreddit private after the
Read moreWhat led to EV darling Proterra’s bankruptcy
Proterra, a company that develops battery systems for buses and other heavy duty EVs, filed for bankruptcy earlier this week, making it the latest in a string of failures in the EV sector. While some parallels can be drawn between Proterra and other failing or defunct EV companies, this company
Read moreMessina joins Ride Home Fund’s new $15M AI vehicle, backed by Andreessen, Dixon, Crowley
Tech veteran Chris Messina and writer/podcaster Brian McCullough are launching a new $15 million fund aimed at AI startups. The backers include tech luminary investors and founders such as Marc Andreessen, Chris Dixon, and Dennis Crowley, who are all investing personally. McCullough has been running his Ride Home Fund for
Read moreCreators vow not to scab as SAG-AFTRA, WGA strikes continue
As Hollywood’s writers and actors unions remain on strike, studios are turning to content creators to promote their movies and attend their screenings. But over 115 creators with a combined 80 million followers are pledging that they won’t cross the picket line while the SAG-AFTRA and WGA strikes rage on.
Read more‘Irreparable’ thrusters and solar activity push 3 HawkEye 360 satellites to lower orbits
Remote-sensing satellite operator HawkEye 360 is the latest to experience problems in orbit, due to an “irreparable” failure of propulsion systems made by Austria-based Enpulsion, compounded by high solar activity. While HawkEye declined to name its propulsion provider to TechCrunch, an April 2022 letter from HawkEye to the FCC states
Read moreJB Straubel, Redwood Materials founder and Tesla board member, is headed to TC Disrupt 2023
In the world of electric vehicles, batteries and renewable energy systems, you’d be hard pressed to find anyone more experienced than JB Straubel. We’re excited to welcome Straubel, founder and CEO of Redwood Materials — and Tesla’s co-founder, former CTO and newest board member — to the Disrupt Stage at
Read moreFree ad-supported TV streaming services are booming, 1 in 3 U.S. viewers tune in
As more consumers look to cut costs and opt for a free streaming experience, services like Freevee, Pluto TV, Tubi, the Roku Channel and Crackle are seeing significant growth. According to Samba TV’s latest State of Viewership report, 1 in 3 U.S. users subscribe to free ad-supported TV streaming (FAST)
Read moreCalifornia regulators to decide the future of Cruise and Waymo
The California Public Utilities Commission (CPUC) is scheduled Thursday to make a high-stakes vote that will determine the commercial future for autonomous vehicle technology companies Cruise and Waymo — not to mention any other AV company with aspirations to launch commercial robotaxi services in the state. Cruise and Waymo already
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