The $60 billion mega-merger between Honda and Nissan has been called off, in part because of Nissan’s “pride and insufficient alarm about its predicament,” writes Reuters, citing half a dozen sources. The report hints at bad blood on both sides, saying the development also ties to Honda abruptly revising the terms of the merger and […] © 2024 TechCrunch. All rights reserved. For personal use only.
A consortium of fourteen publishers including Condé Nast, The Atlantic, and Forbes have filed a lawsuit against Cohere alleging that the generative AI startup has engaged in “massive, systematic” copyright infringement. In the complaint, the publisher plaintiffs accuse Cohere of using at least 4,000 copyrighted works to train its AI models and display large portions […] © 2024 TechCrunch. All rights reserved. For personal use only.
Helsing, the German defense tech startup backed by Spotify’s Daniel Ek and others, is producing 6,000 HX-2 strike drones in addition to the 4,000 HF-1 strike drones financed by Germany that are currently being delivered to Ukraine. “We are scaling up production of HX-2 in response to additional orders from Ukraine,” Helsing co-founder Gundbert Scherf […] © 2024 TechCrunch. All rights reserved. For personal use only.
Blue Origin is laying off 10% of its workforce, according to Reuters, just one month after the successful first launch of its New Glenn mega-rocket. The company reportedly has more than 10,000 employees, meaning the cut could affect around 1,000 people. CEO Dave Limp told employees in an all-hands meeting on Thursday morning that the […] © 2024 TechCrunch. All rights reserved. For personal use only.
Italian company SIO, which sells to government customers, is behind an Android spyware campaign called Spyrtacus that spoofed popular apps like WhatsApp, per security researchers. © 2024 TechCrunch. All rights reserved. For personal use only.
YouTube Shorts is integrating with Google DeepMind’s latest video model, Veo 2, allowing creators to generate AI video clips for their posts. Veo 2 is Google’s response to Sora, OpenAI’s text-to-video generator. YouTube, owned by Google, already allowed creators to generate AI backgrounds for their Shorts with a text prompt through a feature called Dream […] © 2024 TechCrunch. All rights reserved. For personal use only.
EnCharge AI, a semiconductor startup developing analog memory chips for AI applications, has raised more than $100 million in a Series B round led by Tiger Global to spur its next stage of growth. The funding is significant partly because interest in AI is at an all-time high, but the high price of building and […] © 2024 TechCrunch. All rights reserved. For personal use only.
A new study argues that data centers could be ideal demand-response participants because they have the potential to be flexible. © 2024 TechCrunch. All rights reserved. For personal use only.
Information security company CyberArk has acquired identity access and governance platform Zilla Security in a deal worth up to $175 million. Founded in 1999, Boston-based CyberArk specializes in access management, including privileged access security which helps organizations protect sensitive data and critical infrastructure from external (and internal) threats. CyberArk went public on the Nasdaq in […] © 2024 TechCrunch. All rights reserved. For personal use only.
Uber Eats customers in Jersey City can now have their orders delivered by one of Avride’s autonomous sidewalk delivery robots. The launch, which kicked off this week in New Jersey, is Uber’s latest foray into autonomous vehicles and represents an expanding relationship with Avride. The ride-hail and delivery giant deploys AVs on its app in […] © 2024 TechCrunch. All rights reserved. For personal use only.
The layoffs come soon after Sophos completed its $859 million acquisition of Secureworks. © 2024 TechCrunch. All rights reserved. For personal use only.
Germany’s antitrust watchdog has been investigating Apple’s app privacy framework since 2022. On Thursday, releasing preliminary findings from this probe, the Bundeskartellamt (FCO) said it suspects the iPhone maker may not be treating third-party app developers as equally as the law requires. The antitrust watchdog said it believes Apple’s behavior could amount to self-preferencing. Apple […] © 2024 TechCrunch. All rights reserved. For personal use only.
The Mercedes-AMG Petronas team is buying 5,500 metric tons worth of carbon credits from Chestnut Carbon. © 2024 TechCrunch. All rights reserved. For personal use only.
Apptronik, a University of Texas spin-out that was quietly building humanoid robots before it became quite so fashionable, on Thursday announced a $350 million Series A round of financing. B Capital and Capital Factory co-led the round, which also featured participation from Google, whose DeepMind division is partnering with Apptronik to deliver embodied AI for […] © 2024 TechCrunch. All rights reserved. For personal use only.
Chat app Telegram, which became profitable last year, released new updates to its apps, including improved sticker search, choosing video covers, and the ability to copy videos at the current time. The company first released its AI-powered sticker search in December, which allowed you to look for stickers using natural language. However, it was limited […] © 2024 TechCrunch. All rights reserved. For personal use only.
Variston, a Barcelona-based spyware vendor, is reportedly being liquidated. Intelligence Online, a trade publication that covers the surveillance and intelligence industry, reported that a legal notice published in Barcelona’s registry on February 10 confirmed that Variston has gone into liquidation. This comes almost exactly a year after TechCrunch reported that Variston was in the process […] © 2024 TechCrunch. All rights reserved. For personal use only.
Developer tooling and containerization company Docker has a new CEO: Former Oracle Cloud Infrastructure (OCI) executive vice president Don Johnson (pictured above) landed in the hotseat starting Wednesday. Incumbent Scott Johnston will leave the company with immediate effect. During his eight-year spell at Oracle, Johnson was instrumental in transitioning the company from its legacy on-premise […] © 2024 TechCrunch. All rights reserved. For personal use only.
Threat intelligence firm Recorded Future said it had observed Salt Typhoon breaching 5 telcos between December 2024 and January 2025. © 2024 TechCrunch. All rights reserved. For personal use only.
In a court filing on Wednesday, a lawyer for Elon Musk said the billionaire will withdraw his $97.4 billion bid for OpenAI’s nonprofit if the ChatGPT maker’s board of directors “preserve the charity’s mission” and halt its conversion to a for-profit corporation. The filing, submitted to the U.S. District Court for the Northern District of […] © 2024 TechCrunch. All rights reserved. For personal use only.
Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two sources familiar with the matter […] © 2024 TechCrunch. All rights reserved. For personal use only.
Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is shutting down its U.S. operations one year after cutting 30% of its North American workforce as part of a restructuring. Its HyreCar business, which it acquired in 2023 for $9.45 million, is also closing. The company said […] © 2024 TechCrunch. All rights reserved. For personal use only.
Big Tech and pharmaceutical companies are accelerating the implementation of artificial intelligence in the healthcare industry. Just last month, AWS and General Catalyst announced their partnership to speed up the development and deployment of healthcare AI tools. GE Healthcare teamed up with AWS to build generative AI for medical use in 2024. Now, a […] © 2024 TechCrunch. All rights reserved. For personal use only.
While large corporations like Google and Meta curbing their DEI programs, Ulu Ventures, which just raised a fourth $208 million fund, doesn’t plan to change its strategy of investing in diverse founders, the firm told the Wall Street Journal. Co-founded by Miriam Riviera, a Latina and former vice president and deputy general counsel at Google, […] © 2024 TechCrunch. All rights reserved. For personal use only.
Elon Musk’s X has agreed to pay President Donald Trump $10 million to settle a lawsuit from the days when the company was still called Twitter and owned by Jack Dorsey, the Wall Street Journal reported citing unnamed sources. The lawsuit took issue with Twitter’s decision to ban Trump after January 6, when Trump’s supporters […] © 2024 TechCrunch. All rights reserved. For personal use only.
A new startup founded by a former Google DeepMind scientist is exiting stealth with $50 million in funding. Latent Labs is building AI foundation models to “make biology programmable,” and it plans to partner with biotech and pharmaceutical companies to generate and optimize proteins. It’s impossible to understand what DeepMind and its ilk are doing […] © 2024 TechCrunch. All rights reserved. For personal use only.
Reddit CEO Steve Huffman said that, over this year, Reddit plans to launch an upgraded search experience that’ll help users navigate the social network, but also answer “subjective, hard, [and] interesting questions.” The company plans to achieve this by integrating Reddit Answers, its feature that allows visitors to ask questions and receive curated summaries of […] © 2024 TechCrunch. All rights reserved. For personal use only.
Brian Quintenz, who leads policy for Andreessen Horowitz’s crypto team, announced on Wednesday that he’s being tapped to head the Commodity Futures Trading Commission (CFTC), according to his X post. And many in the VC industry appear to be thrilled about it. The CFTC regulates the trading of commodity futures, options, and swaps, otherwise known […] © 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI is making clear that its AI models won’t shy away from sensitive topics, and will refrain from making assertions that might “shut out some viewpoints.” In an updated version of its Model Spec, a collection of high-level rules that indirectly govern OpenAI’s models, OpenAI says that its models “must never attempt to steer the user in […] © 2024 TechCrunch. All rights reserved. For personal use only.
People magazine has landed the first interview with Elizabeth Holmes since she reported to prison in 2023, and the convicted Theranos founder says she is still working on “research and inventions” in the healthcare space. “I remain completely committed to my dream of making affordable healthcare solutions available to everyone,” she told the magazine. Holmes, […] © 2024 TechCrunch. All rights reserved. For personal use only.
Apple on Wednesday announced that its Apple TV app, including its Apple TV+ streaming service and MLS Season Pass, is arriving on Android devices. While the company previously offered a version of its app for Google TV, the newly released app will support a broader range of Android-based devices, including phones, tablets, and even foldables. […] © 2024 TechCrunch. All rights reserved. For personal use only.
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership […] © 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI has effectively canceled the release of o3, which was slated to be the company’s next major AI model release, in favor of what CEO Sam Altman is calling a “simplified” product offering. In a post on X on Wednesday, Altman said that, in the coming months, OpenAI will release a model called GPT-5 that […] © 2024 TechCrunch. All rights reserved. For personal use only.
Apple is exploring both humanoid and non-humanoid robotics form factors, according to a new scoop from longtime Apple analyst Ming-Chi Kuo. The intel comes on the heels of a research paper from the iPhone-maker that explores human interactions with “non-anthropomorphic” robots – specifically a Pixar-style lamp. While Apple’s research paper highlights elements that could inform […] © 2024 TechCrunch. All rights reserved. For personal use only.
Google on Wednesday announced a series of updates for its parental control software Google Family Link and a plan to test new machine-learning techniques to estimate users’ ages so it could apply more age-appropriate experiences to kids’ devices. The company earlier said that it would soon use machine learning to determine the age of YouTube […] © 2024 TechCrunch. All rights reserved. For personal use only.
May Mobility is deploying autonomous vehicles differently than its peers. Rather than operate robotaxis for individual ride-hail, May has followed a “gentle onramp” approach to commercialization by offering on-demand shuttles and pooled rides within campuses and along uncomplicated routes. The startup announced Wednesday the launch of its first fully driverless commercial service in Peachtree Corners, […] © 2024 TechCrunch. All rights reserved. For personal use only.
Meta is reportedly in talks to acquire a South Korean chip firm as the social media giant looks to bolster its AI hardware infrastructure. Meta may announce its intent to purchase FuriosaAI, a chip startup founded by former Samsung and AMD employees, as soon as this month, per Forbes. FuriosaAI develops chips that speed up […] © 2024 TechCrunch. All rights reserved. For personal use only.
Meta is reportedly in talks to acquire a South Korean chip firm as the social media giant looks to bolster its AI hardware infrastructure. Meta may announce its intent to purchase FuriosaAI, a chip startup founded by former Samsung and AMD employees, as soon as this month, per Forbes. FuriosaAI develops chips that speed up […] © 2024 TechCrunch. All rights reserved. For personal use only.
The war in Ukraine served as a wakeup call for Europe, and defense tech went from a sector that most European VCs didn’t touch to one of the top investment areas within deep tech. This shift is captured in Dealroom’s latest report on Defence, Resilience, and Security (DSR) in Europe, released together with the NATO […] © 2024 TechCrunch. All rights reserved. For personal use only.
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. The billionaires are fighting again. On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. In response to Musk’s offer, OpenAI CEO Sam Altman earlier Monday authored a […] © 2024 TechCrunch. All rights reserved. For personal use only.
You can now dine out on dishes inspired by Netflix movies and shows at Las Vegas’s newest restaurant. Netflix Bites is open as of this week in the MGM Grand Hotel & Casio, where it will operate for a year. The restaurant offers breakfast, lunch, and dinner options like a Bridgerton-inspired tea service, Stranger Wings, […] © 2024 TechCrunch. All rights reserved. For personal use only.
Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has acquired software security review startup SafeBase for $250 million. SafeBase co-founders Al Yang (CEO) and Adar Arnon (CTO) will retain their roles, and SafeBase will continue to offer a standalone product while bringing its core solutions to […] © 2024 TechCrunch. All rights reserved. For personal use only.
If you follow fintech on X, it’s very likely that you have come across the account of Sheel Mohnot, co-founder and general partner of Better Tomorrow Ventures. With over 150,000 followers, Mohnot has built an impressive presence on the social media site. Interestingly, many of his posts have nothing to do with venture capital. Mohnot […] © 2024 TechCrunch. All rights reserved. For personal use only.
Watch out, FIFA. Researchers at Google DeepMind published a demonstration of miniature humanoid robots playing a one-on-one game of soccer. Training Robotis OP3, the researchers found they were able to learn movement skills like walking, kicking, and being able to recover from a fall. According to the report, the robots were also able to develop […] © 2024 TechCrunch. All rights reserved. For personal use only.
Right after the end of the AI Action Summit in Paris, Anthropic’s co-founder and CEO Dario Amodei called the event a “missed opportunity.” He added that “greater focus and urgency is needed on several topics given the pace at which the technology is progressing” in the statement released on Tuesday. The AI company held a […] © 2024 TechCrunch. All rights reserved. For personal use only.
With over 1,000 insurance companies in the U.S., figuring out how to get paid by each company is a complex challenge for doctors and hospitals. Each insurance may require slightly different information on medical claims, even for the same procedure. Incorrectly filed claims can lead to denied coverage, requiring manual resubmission and delayed payments. According […] © 2024 TechCrunch. All rights reserved. For personal use only.
President Donald Trump has chosen Jonathan Morrison, an Apple executive, to head the National Highway Traffic Safety Administration, per a Senate filing. The nomination will be reviewed and voted on by the Senate Committee on Commerce, Science and Transportation before being sent for a full Senate vote. If he’s sworn in, Morrison will oversee an […] © 2024 TechCrunch. All rights reserved. For personal use only.