A recurring theme in Europe’s tech world is that the region needs its own Google or Microsoft, and that in this day and age, to be more resilient and independent, it should, could and must build it. Now comes the launch of a new fund...
Though the Swedish startup has raised over $14 billion, it has been running short on cash recently. © 2024 TechCrunch. All rights reserved. For personal use only....
La Fourche is just seven years old but it has been quite a rollercoaster for the French startup. During this time, the online grocery retailer has gone through a global pandemic, followed by the rise of venture-backed quick-commerce startups that promised grocery deliveries in less...
Strong and smart security operations teams are at the heart of any cybersecurity strategy, and today a startup that builds tooling to help keep them on their toes is announcing some funding on the back of a lot of growth. Pentera — which has built...
Elliot Wolf, the executive producer and son of “Law & Order” creator Dick Wolf, is entering a new venture aimed at engaging true crime fans. He, along with co-founders Andrew Adashek (CEO) and Noah Rosenberg (CTO), are developing Wolf Games, a new startup that leverages...
Meta is facing an AI copyright lawsuit in France that’s been brought by authors and publishers who are accusing it of economic “parasitism,” Reuters reports. The French litigation was filed in a Paris court this week by the National Publishing Union (SNE), the National Union...
Scimplify has raised $40 million in a new equity round backed by Accel to expand its presence in the U.S. and enter new markets. © 2024 TechCrunch. All rights reserved. For personal use only....
Salesforce plans to invest $1 billion in Singapore over the next five years as it seeks to fuel the adoption of its AI agent development platform, Agentforce. Salesforce claimed that Agentforce can help alleviate Singapore’s ongoing labor issues and augment the country’s workforce and enterprises...
From video game developers to a nuclear power plant, companies across China are adopting DeepSeek’s AI models to boost stock prices and flaunt their national pride....
VC funding into AI tools for healthcare was projected to hit $11 billion last year — a headline figure that speaks to the widespread conviction that artificial intelligence will prove transformative in a critical sector. Many startups applying AI in healthcare are seeking to drive...
Anthropic, a San Francisco startup often cast as an independent player in the AI race, has deeper ties to Google than previously known. Court documents recently obtained by The New York Times reveal that Google owns a 14% stake in the company and is set...
Meta is reportedly testing an in-house chip for training AI systems, a part of a strategy to reduce its reliance on hardware makers like Nvidia. According to Reuters, Meta’s chip, which is designed to handle AI-specific workloads, was manufactured in partnership with Taiwan-based firm TSMC....
Bolt CEO Ryan Breslow defended the $30M personal loan he took out from his startup, while announcing Bolt's latest launch. © 2024 TechCrunch. All rights reserved. For personal use only....
IBM CEO Arvind Krishna says that, despite the Trump Administration’s attacks on globalism, global trade isn’t dead. In fact, he thinks that the U.S.’s key to growth will be embracing an international exchange of goods. “So, I actually am a firm believer — I think...
Watch out, fiction writers. OpenAI may have you in its crosshairs. In a post on X on Tuesday, OpenAI CEO Sam Altman said that the company has trained a “new model” that’s “really good” at creative writing. He posted a lengthy sample from the model...
Flower Labs, a Y Combinator-backed startup, on Tuesday launched a preview of its distributed cloud platform for serving AI models, called Flower Intelligence. Mozilla is already using it to power the upcoming Assist summarization add-on for its Thunderbird email client. What makes Flower Intelligence unique,...
The intersection of robotics and AI continues to attract attention from investors and Big Tech alike. The latest indicator? Dexterity, a startup specializing in industrial robots with “human-like” finesse, has raised $95 million at a post-money valuation of $1.65 billion, per Bloomberg. The investment, which...
On Tuesday, OpenAI released new tools designed to help developers and enterprises build AI agents – automated systems that can independently accomplish tasks – using the company’s own AI models and frameworks. The tools are part of OpenAI’s new Responses API, which lets businesses develop...
Speaking at the SXSW conference in Austin, Texas, tech investor and entrepreneur Mark Cuban shared his thoughts on how AI technology can help small businesses outperform their competition. In short, he told the crowd that AI was not the answer, in and of itself, but...
Last year, Hugging Face, the AI dev platform, launched LeRobot, a collection of open AI models, data sets, and tools to help build real-world robotics systems. On Tuesday, Hugging Face teamed up with AI startup Yaak to expand LeRobot with a training set for robots...
Worth, a company focused on helping fintechs, banks, and enterprises underwrite small and medium-sized businesses more easily, has raised $20 million in a seed funding round, the startup tells TechCrunch exclusively. It’s a large seed round, especially these days when capital is harder to come...
Ahead of a May deadline to lock in guidance for providers of general purpose AI (GPAI) models on complying with provisions of the EU AI Act that apply to Big AI, a third draft of the Code of Practice was published on Tuesday. The Code...
It’s no secret that AI has eaten the lion’s share of funding over the past couple of years, with investments into the sector surging 62% to $110 billion in 2024 alone, while startup funding overall declined 12%. Startups may think that just adding “AI” to...
The reactor, called Lawson Machine 26 (LM26), is General Fusion’s latest iteration in a string of devices that have tested various parts of its unique approach. © 2024 TechCrunch. All rights reserved. For personal use only....
Zolve, a neobanking startup targeting global citizens seeking credit, has raised $251 million in a new round to expand into Canada and launch loans. © 2024 TechCrunch. All rights reserved. For personal use only....
Enterprises these days can choose from hundreds of apps and services available to secure their networks, data and assets — nearly as many more to help them manage all the alerts and extra work that those security apps generate. But what if you could build...
Hawcx, backed by Engineering Capital, aims to solve passkeys' adoption challenge with its new tech. © 2024 TechCrunch. All rights reserved. For personal use only....
Fatal crashes. A door blowout. Grounded planes. Inside the citizen-led, obsessive campaign to hold Boeing accountable and prevent the next disaster....
Reshape Energy is betting on a more integrated approach to accelerate the decarbonization of the built environment. Founded in Munich, Germany back in May 2024, the startup is led by a team with expertise scaling energy businesses, including the German division of Octopus energy and...
A new venture firm called Leitmotif has been on a quiet blitz for the last 16 months, funding around 20 startups broadly focused on decarbonization. Its portfolio includes EV companies, space and battery plays, and four nuclear fusion startups. But the firm has only said...