Alphabet praises DeepSeek, but it’s massively ramping up its AI spending
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 billion. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreTwo space startups have merged to create the next generation of telescopes
On a clear spring evening in Michigan, the stars aligned — just not in the way Upfront Ventures partner Nick Kim expected. He’d just led a $9.5 million seed round for OurSky, a software platform for space observational data, and was eager to see what its telescope partner PlaneWave Instruments
Read moreSnap says TikTok uncertainty benefited its business
During Snap’s fourth-quarter earnings call on Tuesday, CEO Evan Spiegel said that the uncertainty surrounding TikTok’s future has positively affected its business. “We’re not trying to draw too many conclusions from some of the engagement lift we saw when [TikTok] went dark for that brief period of time. I would
Read moreMiist, founded by a 25-year-old, wants people to vape their way out of smoking addiction and migraines
As a university student, Dalton Signor was troubled by how many people around him smoked or vaped, including his grandmother and 14-year-old sister. Signor (pictured center) felt that existing smoking cessation medicines, whether patches, gums, or lozenges, are not very effective because they take too long to start working. “They
Read moreGoogle removes pledge to not use AI for weapons from website
Google removed a pledge to not build AI for weapons or surveillance from its website this week. The change was first spotted by Bloomberg. The company appears to have updated its public AI principles page, erasing a section titled “applications we will not pursue,” which was still included as recently
Read moreSpyware maker Paragon confirms US government is a customer
Israeli spyware maker Paragon Solutions confirmed to TechCrunch that it sells its products to the U.S. government and other unspecified allied countries. Paragon’s executive chairman John Fleming said in a statement to TechCrunch on Tuesday that “Paragon licenses its technology to a select group of global democracies — principally, the
Read moreOkta competitor SailPoint races toward $11.5B IPO
Cybersecurity company SailPoint is hoping to sell $1 billion worth of stock in its upcoming IPO and offer another signal that IPOs will become hot again. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreFigure drops OpenAI in favor of in-house models
Figure AI, a robotics company working to bring a general purpose humanoid robot into commercial and residential use, announced Tuesday on X that it is exiting a deal with OpenAI. The Bay Area-based outfit has instead opted to focus on in-house AI owing to a “major breakthrough.” In conversation with TechCrunch
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