Tech News

Electric vehicle startup Canoo places remaining employees on ‘mandatory unpaid leave’ Struggling electric truck startup Canoo has placed its remaining employees on what it calls a “mandatory unpaid break” until at least the end of the year, according to an email obtained by TechCrunch. The company told employees that they would be locked out of […]

Sam Altman questions Marc Andreessen’s description of AI meetings with the Biden administration The famous investor Marc Andreessen recently spoke about meetings with the Biden administration staff, who gave him the impression they wanted To control artificial intelligence By working closely with two or three large AI companies, excluding everyone through onerous regulations. Andreessen did

After causing outrage on the first day of Y Combinator, AI code editor PearAI pockets $1M On the first day of Y Combinator’s 2024 winter session — right after an orientation and photo shoot in front of the YC sign — the PearAI co-founders “cancelled,” as founder Nang Ang described it to TechCrunch, Receive a

Nvidia removes regulatory hurdle to acquire Run:ai Chip company Nvidia has received the green light from the European Union to complete its acquisition of Run:ai. The European Union reached a unanimous decision today that Nvidia can proceed with its acquisition of Israeli GPU orchestration platform Run:ai, according to Reports from Bloomberg. The European Commission decided

Swizzle Fund raises $5 million for inaugural fund addressing women’s health and wealth There’s a new investment fund in town. The Swizzle Fund, founded by Jessica Kamada, former COO of marketing agency Bamboo, has raised just over $5 million for its first fund. According to an SEC filing. There was no target increase amount. The

Bluesky adds a mentions tab in the notifications screen and username protection Social network Bluesky It has released a new update to its app that includes a separate tab for mentions in notifications, protection against username theft, and new controls for sorting responses. The company announced that it is adding a new mentions tab with

Uzbek mobile bank TBC has secured $37 million to expand into new AI and insurance products Exclusive Mobile Bank of Uzbekistan, TBC Bank Uzbekistanhas raised $37 million in a new funding round to strengthen its dominant digital presence in the Central Asian country by developing new AI and technology products and attracting more tech-savvy clients.

European Solo GP Robin Capital has closed its first €15 million fund to play with Robin Capital Solo GP, a German-based venture capital fund run by former businessman Robin Haack, has reached the final close of “Robin Fund One” at €13 million. Combined with its additional €2 million growth-focused investment vehicles, the fund now has

Indian company Rapido has revealed user and driver data through a leaked website feedback form Rapido, a popular ride-hailing platform in India, has fixed a security issue that exposed personal information associated with its users and drivers, TechCrunch has learned exclusively. The flaw, discovered by security researcher Renganathan P, was linked to a website form

Sam Altman once owned some shares in OpenAI through Sequoia Sam Altman, CEO of OpenAI, sat before Congress in 2023 to testify about the risks of AI. He told US lawmakers at the time He does not own any shares in OpenAIWhich he has said several times, claiming that he only runs the company because