Byju’s founder floats share offer to make peace with estranged investors
Byju Raveendran, the founder of embattling edtech group Byju’s, has made a last-ditch attempt to placate the Indian startup’s disgruntled investors, informing them that the board is weighing an offer of renounced shares to prevent dilution of their holdings. In an email to shareholders Friday morning, a copy of which
Read MoreX’s Grok chatbot will soon get an upgraded model, Grok-1.5
X.ai, Elon Musk’s AI startup, has revealed its latest generative AI model, Grok-1.5. Set to power social network X’s Grok chatbot in the not-to-distant future (“in the coming days,” X.ai writes in a blog post), Grok-1.5 appears to be a measurable upgrade over its predecessor, Grok-1 — at least judging
Read MoreBumble’s new CEO talks about her critical mission: to spice things up at the company
The bigger concern for Bumble is user fatigue. People aren't downloading dating apps as enthusiastically as they once were, which means less subscription revenue. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreSBF’s prison sentence marks the end of the crypto grift era — so what’s next?
Nearly everything else that's being built on or enabled by blockchains replaces something that's already being done fairly well. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreApple dismisses Microsoft monopoly comparisons
A week after finding itself at the business end of a landmark lawsuit from the United States Department of Justice, Apple is staunchly denying any parallels between itself and Microsoft in the 1990s. It’s a comparison into which the U.S. Attorney General Merrick Garland leaned heavily in last week’s filing.
Read MoreUber Eats courier’s fight against AI bias shows justice under UK law is hard won
On Tuesday, the BBC reported that Uber Eats courier Pa Edrissa Manjang, who is Black, had received a payout from Uber after “racially discriminatory” facial recognition checks prevented him from accessing the app, which he had been using since November 2019 to pick up jobs delivering food on Uber’s platform.
Read MoreActivision investigating password-stealing malware targeting game players
Video game giant Activision is investigating a hacking campaign that’s targeting players with the goal of stealing their credentials, TechCrunch has learned. At this point, the hackers’ specific goals — apart from stealing passwords for various types of accounts — are unclear. Somehow, the hackers are getting malware on the
Read MoreMicrosoft’s new safety system can catch hallucinations in its customers’ AI apps
Illustration: The Verge Sarah Bird, Microsoft’s chief product officer of responsible AI, tells The Verge in an interview that her team has designed several new safety features that will be easy to use for Azure customers who aren’t hiring groups of red teamers to test the AI services they built.
Read MoreYouTube now lets creators share exclusive Shorts with their paying subscribers
YouTube is launching “members only” Shorts, allowing creators to share short-form videos exclusively to their paying viewers. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreSkyflow raises $30M more as AI spikes demand for its privacy business
This morning, Skyflow announced that it has raised a $30 million Series B extension led by Khosla Ventures. The deal is interesting on a number of fronts, including the round’s structure and how Skyflow has been impacted by the growth of AI. The new capital comes after Skyflow expanded its
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