How Rubrik’s IPO paid off big for Greylock VC Asheem Chandna
Fri 6:36pm By Marina TemkinAsheem Chandna says he was so impressed with founder Bipul Sinha's grit and tech, he led Rubrik's $40 million Series B in 2015. © 2024 TechCrunch. All rights reserved. For personal use only.Photo-sharing community EyeEm will license users’ photos to train AI if they don’t delete them
Fri 5:08pm By Sarah PerezEyeEm, the Berlin-based photo-sharing community that exited last year to Spanish company Freepik after going bankrupt, is now licensing its users’ photos to train AI models. Earlier this month, the company informed users via email that it was adding a new…Meta AI tested: Doesn’t quite justify its own existence, but free is free
Fri 4:03pm By Devin ColdeweyMeta’s new large language model, Llama 3, powers the imaginatively named “Meta AI,” a newish chatbot that the social media and advertising company has installed in as many of its apps and interfaces as possible. How does this model stack up against other…So are we banning TikTok or what? Also: Can an influencer really tank an $800M company?
Fri 3:05pm By Haje Jan KampsWelcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Ticktock, TikTok: It’s been a wild week for TikTok. Even as the company starts testing its Twitter…The IBM-HashiCorp coupling could be more complicated than it seems
Fri 1:39pm By Ron MillerAt a quick glance, the IBM-HashiCorp deal seems like a good one for both sides, but upon closer inspection, perhaps not. © 2024 TechCrunch. All rights reserved. For personal use only.Curio raises funds for Rio, an ‘AI news anchor’ in an app
Fri 1:36pm By Sarah PerezAI may be inching its way into the newsroom, as outlets like Newsweek, Sports Illustrated, Gizmodo, VentureBeat, CNET and others have experimented with articles written by AI. But while most respectable journalists will condemn this use case, there are a…TechCrunch Minute: Rabbit’s R1 vs Humane’s Ai Pin — which had the best launch?
Fri 12:00pm By Anthony HaAfter a successful unveiling at CES, Rabbit is letting journalists try out the R1 — a small orange gadget with an AI-powered voice interface. This comes just weeks after the launch of the Humane Ai Pin, which is similarly pitched as a new kind of mobile…Disrupt 2024 speaker applications close at midnight
Fri 12:00pm By Robert FrawleyAct fast! Applications for our Call for Content close today, April 26 at 11:59 p.m. PT. If you’re a seasoned startup pro ready to lead a session at TechCrunch Disrupt on October 28-30, now’s your chance to apply! Send in your proposal to speak at…Pitch Deck Teardown: NOQX’s $200K pre-seed deck
Fri 12:00pm By Haje Jan KampsAside from the crucial omission of an Ask and Use of Funds slide, just about every slide in the deck felt almost very good — but then stumbled by overlooking an important detail. © 2024 TechCrunch. All rights reserved. For personal use only.OpenAI Startup Fund quietly raises $15M
Fri 11:21am By Kyle WiggersThe OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across education, law and the sciences, has quietly closed a $15 million tranche. According to a filing…Google’s new ‘Speaking practice’ feature uses AI to help users improve their English skills
Fri 10:32am By Aisha MalikGoogle is testing a new “Speaking practice” feature in Search that helps users improve their conversational English skills. The company told TechCrunch that the feature is available to English learners in Argentina, Colombia, India, Indonesia, Mexico and…Area man, Twilio co-founder Jeff Lawson, buys The Onion
Fri 10:29am By Paul SawersJeff Lawson, co-founder and recently departed CEO of Twilio, is the proud new owner of satirical online newspaper The Onion. © 2024 TechCrunch. All rights reserved. For personal use only.Despite complaints, Apple hasn’t yet removed an obviously fake app pretending to be RockAuto
Fri 10:25am By Sarah PerezApple’s App Store isn’t always as trustworthy as the company claims. The latest example comes from RockAuto, an auto parts dealer popular with home mechanics and other DIYers, which is upset that a fake app masquerading as its official app has not been…Good news for Rubrik, bad news for TikTok and medium news for early-stage startups
Fri 10:15am By Theresa LoconsoloRubrik’s strong IPO pricing and warm reception by the public markets after its listing add more weight to the perspective that the public markets are not as closed to tech startups as some thought. If Rubrik’s result isn’t enough to break the logjam,…Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal
Fri 8:07am By Paul SawersDarktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. © 2024 TechCrunch. All rights reserved. For personal use only.Tesla Autopilot investigation closed after feds find 13 fatal crashes related to misuse
Fri 7:21am By Sean O'KaneThe National Highway Traffic Safety Administration closed a long-standing investigation into Tesla’s Autopilot driver assistance system after reviewing hundreds of crashes involving its misuse, including 13 that were fatal and “many more involving serious…Shein to face EU’s strictest rules for online marketplaces
Fri 7:15am By Natasha LomasUltra-fast fashion e-commerce giant Shein will be subject to an additional layer of governance rules targeted at very large online platforms (VLOPs) under the European Union’s Digital Services Act (DSA), the Commission announced Friday. Shein had reported…Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund
Fri 5:16am By Romain DilletGlobal Founders Capital, the Berlin-based early-stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. The VC previously raised two $1 billion funds and, just a few years ago, its…xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already…
Fri 12:41am By Connie LoizosxAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted source close to the deal. The deal — which would give investors one quarter of the company — is…Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
Thu 8:53pm By Manish SinghGoldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s sum-of-the-parts analysis. The investment bank estimates…
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