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...
Apple is exploring both humanoid and non-humanoid robotic 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...
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...
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...
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...
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...
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...
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...
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...
“The fintech market is hot again,” said Sheel Mohnot, fintech investor and founder of Better Tomorrow Ventures (BTV). “And we are going to see some more exits in the near future.” According to recent reports, fintech funding is on the rise, with global investment hitting...
When cloud providers like Microsoft Azure and AWS launched cloud software marketplaces a decade ago, it opened up a new sales channel for software-as-a-service (SaaS) companies to get in front of potential enterprise customers. These marketplaces effectively enabled SaaS companies to bypass the traditional, lengthy...
More and more legal professionals are embracing AI, surveys show. Per a recent poll from legaltech company Clio, 79% of firms used some form of AI for casework last year, up from just 19% in 2023. Despite some skepticism of the tech, in-house counsel has...
Brands are constantly trying to streamline how they source packaging materials and ingredient suppliers for their products in order to quickly meet consumer demand. However, even today this process can involve some laborious wandering around trade shows. Keychain is an AI-powered platform that aims to...
Firefly's Standard plan costs $9.99 per month, the Pro plan will run users $29.99 a month, and there's a more extensive Premium tier in the works. © 2024 TechCrunch. All rights reserved. For personal use only....
If you’re working for a small company and want to build a client portal or an internal tool, it can be difficult to find the budget and resources to allocate a developer to that small project. That’s why more than 600,000 people, including project managers,...
After former Binance CEO Changpeng Zhao went to prison, Richard Teng set out to show that the crypto exchange is now on its best behavior....
The "cease work" order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will stall regulation that could govern tech companies like Apple and Google....
The Electronic Frontier Foundation filed the complaint on behalf of US federal workers, arguing that DOGE’s data access is illegal and should be cut off....
ChatGPT, OpenAI’s chatbot platform, may not be as power-hungry as once assumed. But its appetite largely depends on how ChatGPT is being used, and the AI models that are answering the queries, according to a new study. A recent analysis by Epoch AI, a nonprofit...
Google Tuesday confirmed that its annual developer conference is set for May 20-21, 2025. The event will be held at the usual spot, Mountain View’s Shoreline Amphitheater, a few minutes — depending on traffic — from Google HQ. The two-day event is a mix of...
Microsoft has added another 389 megawatts of renewable power to its portfolio as the tech giant scrambles to meet the power demands required to match its AI ambitions. The additional renewable power spans three solar projects developed by EDP Renewables North America — two in...
The Thomson Reuters decision has big implications for the battle between generative AI companies and rightsholders....
A researcher affiliated with Elon Musk’s xAI startup is researching a method to alter the politics of Grok and better align the chatbot with conservatives....
The Army has granted upstart weapons maker Anduril control of one of its highest-profile and long-troubled projects known as the Integrated Visual Augmentation System, founder Palmer Luckey announced in a blog post Tuesday. IVAS was initially awarded to Microsoft in 2018 to develop augmented reality...
OpenAI’s CEO claims the company has yet to receive an official offer from Elon Musk’s team, sources say....
On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout would be financed by Musk’s AI company, xAI, and a consortium of outside investors, per a letter sent to California and Delaware’s...
In an interview at the AI Action Summit in Paris on Tuesday, OpenAI CEO Sam Altman dismissed Elon Musk’s unsolicited $97.4 billion bid for OpenAI’s nonprofit as “an attempt to slow [OpenAI] down.” “[Musk] obviously is a competitor,” Altman said. “He’s raised a lot of...
Stripe is in talks for another shareholder sale that could value the company at “at least” $85 billion, according to multiple reports and a source familiar with the matter. The Information first reported the news that the payments infrastructure giant is working to sell employee-owned...
According to a report published Tuesday by The Information, Apple is partnering Alibaba to bring its Apple Intelligence platform to China. The deal is said to arrive after the iPhone maker reportedly explored – but ultimately rejected – a potential partnership with uber-buzzy AI startup,...
Mast enables reforestation without landowners needing to wait decades to harvest timber or claim carbon credits. © 2024 TechCrunch. All rights reserved. For personal use only....