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Yesterday — 18 September 2024Main stream

Last Week: Amplify your brand by hosting a Side Event at TechCrunch Disrupt 2024

18 September 2024 at 17:00

Extend the buzz of TechCrunch Disrupt 2024 beyond the main event by hosting an exclusive Side Event. Expose your brand to 10,000 Disrupt attendees and the surrounding Bay Area tech community during “Disrupt Week” — October 26 through November 1. Whether it’s a cocktail party, happy hour, meetup, workshop, silent disco, or comedy show, create […]

© 2024 TechCrunch. All rights reserved. For personal use only.

23andMe sees independent board directors quit en masse

18 September 2024 at 07:46

23andMe, the personal genomics company, went public in early 2021 via a merger with a blank check company that valued it at $3.5 billion. Then its fortunes began to sink. Fading interest in DNA kits – 23andMe’s main product –  was one driver. So was news last year that hackers stole ancestry data on 6.9 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Governor Newsom on California AI bill SB 1047: ‘I can’t solve for everything’

18 September 2024 at 06:31

California Governor Gavin Newsom said there are 38 bills on his desk that would create laws around artificial intelligence on Tuesday, but one looms larger than all of them: SB 1047, California’s bill that tries to prevent AI systems from causing catastrophes. For the first time, California’s Governor shared how he’s thinking about the controversial […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Al Gore roasts corporations and politicians, comparing their climate crisis promises to ‘New Year’s resolutions’

18 September 2024 at 03:08

Al Gore has enjoyed a very successful career, including as a U.S. senator, U.S. Vice President, U.S. presidential nominee, and even Nobel Peace Prize winner in 2007 for “informing the world of the dangers posed by climate change.” This past May, he was awarded the Presidential Medal of Freedom for his lifetime of service. What […]

© 2024 TechCrunch. All rights reserved. For personal use only.

JPMorgan could take over Goldman’s Apple Card business

18 September 2024 at 00:37

JPMorgan Chase is in talks to take over the Apple Card business from Goldman Sachs, The Wall Street Journal reports. Goldman has issued credit for the Apple Card since its launch in 2019, but the Wall Street and Silicon Valley giants have been trying to untie their partnership since last year. In 2023, Goldman decided […]

© 2024 TechCrunch. All rights reserved. For personal use only.

BlackRock and Microsoft are reportedly planning a $30B AI-focused megafund

17 September 2024 at 23:15

Investment powerhouse BlackRock is set to launch a massive AI-focused fund, exceeding $30 billion, in collaboration with Microsoft and the Abu Dhabi-backed investment outfit MGX, the FT reported today. According to the outlet, the fund — among Wall Street’s largest — will focus on creating data centers and funding energy infrastructure to support AI. Chip […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Before yesterdayMain stream

Mistral launches a free tier for developers to test its AI models

17 September 2024 at 21:11

Mistral AI launched a new free tier to let developers fine-tune and build test apps with the startup’s AI models, the company announced in a blog post Tuesday. The startup also slashed prices for developers to access its AI models through API endpoints and added image processing to its free consumer AI chatbot, le Chat. […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Snapchat tests ‘simple’ version of the app without Snap Map or Stories tab

17 September 2024 at 19:15

Snapchat is rolling out a simplified version of the app to some users, the company announced on Tuesday during its Snap Partner Summit, as part of a test to make the disappearing photo app easier to use. “Simple Snapchat” declutters the app’s home screen, removing the Snap Map and Stories tabs, and consolidates its navigation […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Slack is turning into an AI agent hub. Should it?

17 September 2024 at 02:01

The head of Slack, Denise Dresser, tells TechCrunch she is shifting the business chat platform into a “work operating system,” specifically by making Slack a hub for AI applications from Salesforce, Adobe, and Anthropic. The company’s CEO sees Slack as more than a place to chat with your coworkers, but do users want that? And […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Colin Kaepernick is coming to TechCrunch Disrupt 2024

16 September 2024 at 17:00

Earlier this year, former NFL quarterback and civil rights activist Colin Kaepernick launched his AI startup, Lumi. Kaepernick has had thousands of stories written about him, and he knows a thing or two about losing control of his narrative. Now with Lumi, he’s trying to help creators take control of their own narratives, offering AI […]

© 2024 TechCrunch. All rights reserved. For personal use only.

AWS brings OpenSearch under the Linux Foundation umbrella

16 September 2024 at 09:01

AWS today announced that it is transitioning OpenSearch, its open source fork of the popular Elasticsearch search and analytics engine, to the Linux Foundation with the launch of the very aptly named OpenSearch Foundation. AWS first launched the OpenSearch project in 2021, after Elastic changed its license for its Elasticsearch and Kibana projects to its […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Insight Partners is closing in on a whopping $10B+ new fund

16 September 2024 at 06:15

Insight Partners is reportedly on the cusp of closing on more than $10 billion in capital commitments for its 13th fund, per the FT.  The FT report notes that two of Insight’s portfolio companies were acquired in the last week. One of these, the threat intelligence company Recorded Future, which sold to Mastercard for $2.65 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

DryMerge promises to connect apps that normally don’t talk to each other — and when it works, it’s great

15 September 2024 at 18:00

Platforms to connect apps that wouldn’t normally talk to each other have been around for a minute (see: Zapier). But they have not gotten dramatically simpler to use if you’re nontechnical. Generative AI has lowered the barrier to entry somewhat. However, getting the most out of these platforms — and fixing things when they break […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Sam Bankman-Fried appeals conviction, criticizes judge’s ‘unbalanced’ decisions

14 September 2024 at 20:14

Lawyers representing Sam Bankman-Fried, the FTX CEO and co-founder who was convicted of fraud and money laundering late last year, are seeking a new trial. Following crypto exchange FTX’s collapse, Bankman-Fried was found guilty on all seven counts, then sentenced to 25 years in prison and ordered to pay $11 billion in forfeiture. He has […]

© 2024 TechCrunch. All rights reserved. For personal use only.

This is how bad China’s startup scene looks now

14 September 2024 at 03:32

In early 2018, VC Mike Moritz wrote in the FT that “Silicon Valley would be wise to follow China’s lead,” noting the pace of work at tech companies was “furious” and that China offered “investment opportunities in the best companies.”  Soon after, it all imploded. Worse, as the FT notes in a new piece, between […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Dave and Varo Bank execs are coming to TechCrunch Disrupt 2024

13 September 2024 at 21:05

The rise of neobanks has been fascinating to witness, as a number of companies in recent years have grown from merely challenging traditional banks to being massive players in and of themselves. Dave and Varo Bank are just two examples of such neobanks. Hear Dave co-founder and CEO Jason Wilk and Varo Bank founder and […]

© 2024 TechCrunch. All rights reserved. For personal use only.

First impressions of OpenAI o1: An AI designed to overthink it

13 September 2024 at 21:01

OpenAI released its new o1 models on Thursday, giving ChatGPT users their first chance to try AI models that pause to “think” before they answer. There’s been a lot of hype building up to these models, codenamed “Strawberry” inside OpenAI. But does Strawberry live up to the hype? Sort of. Compared to GPT-4o, the o1 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Telegram CEO Durov’s arrest hasn’t dampened enthusiasm for its TON blockchain

By: Rita Liao
13 September 2024 at 17:46

Telegram has had a tough few weeks. The messaging app’s founder, Pavel Durov, was arrested in late August and later released on a €5 million bail in France, charged with running a company complicit in distributing child sexual abuse material and facilitating drug trafficking and organized fraud. Predictably, that crashed the price of the network’s […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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