Musk’s xAI shows there’s more money on the sidelines for AI startups
We’re off to an AI-heavy start to the week. OpenAI has a new deal with the Financial Times that caught our eye. Sure, it’s another content licensing deal, but there appears to be a bit more in the tie...
Getir pulls out of US, UK, Europe to focus on Turkey; 6,000+ jobs impacted
True to its business concept, Turkey’s “instant delivery” juggernaut Getir rose quickly. Now, with the quick commerce industry in free fall, it is nosediving just as fast. On Monday, the company — onc...
https://techcrunch.com/2024/04/29/getir-getout-instant-delivery/
Indian ride-hailing giant Ola cuts 180 jobs in profitability push
Ola has let go its chief executive Hemant Bakshi, merely four months after making the appointment, and is cutting about 180 additional jobs, a source familiar with the matter told TechCrunch. The move...
https://techcrunch.com/2024/04/29/indian-ride-hailing-giant-ola-cuts-180-jobs-in-profitability-push/
Apple’s iPadOS will have to comply with EU’s Digital Markets Act too
The European Union will apply its flagship market fairness and contestability rules to Apple’s iPadOS, the Commission announced today — expanding the number of Apple-owned platforms regulated under th...
Ford’s BlueCruise hands-free system under investigation after fatal crashes
Federal safety regulators have opened an investigation into Ford’s hands-free driver assistance system, BlueCruise, after it was active during two recent crashes into stationary vehicles that killed m...
https://techcrunch.com/2024/04/29/ford-bluecruise-investigation-nhtsa-fatal-crashes/
OpenAI inks strategic tie-up with UK’s Financial Times, including content use
OpenAI, maker of the viral AI chatbot ChatGPT, has netted another news licensing deal in Europe, adding London’s Financial Times to a growing list of publishers it’s paying for content access. As with...
Ethiopian plastic upcycling startup Kubik gets fresh funding, plans to license out its tech
Kubik, a plastic upcycling startup, has raised a $1.9 million seed extension, months after announcing initial equity investment. The startup’s latest investment is from African Renaissance Partners, a...
ChatGPT’s ‘hallucination’ problem hit with another privacy complaint in EU
OpenAI is facing another privacy complaint in the European Union. This one, which has been filed by privacy rights nonprofit noyb on behalf of an individual complainant, targets the inability of its A...
https://techcrunch.com/2024/04/28/chatgpt-gdpr-complaint-noyb/
Humanoid robots are learning to fall well
The savvy marketers at Boston Dynamics produced two major robotics news cycles last week. The larger of the two was, naturally, the electric Atlas announcement. As I write this, the sub-40 second vide...
https://techcrunch.com/2024/04/28/humanoid-robots-are-learning-to-fall-well/
Tesla profits tumble, Fisker flatlines, and California cities battle for control of AVs
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in...
MongoDB CEO Dev Ittycheria talks AI hype and the database evolution as he crosses 10-year mark
A lot has happened since Dev Ittycheria took the reins at MongoDB, the $26 billion database company he’s led as president and CEO since September 2014. Ittycheria has taken MongoDB to the cloud, steer...
https://techcrunch.com/2024/04/28/mongodb-ceo-dev-ittycheria-interview-ai-hype-database-evolution/
Stripe’s big changes, Brazil’s newest fintech unicorn and the tale of a startup shutdown
Welcome to TechCrunch Fintech! This week, we’re looking at Stripe’s big product announcements, a bump in valuation for a Brazilian fintech startup and much more! To get a roundup of TechCrunch’s bigge...
How RPA vendors aim to remain relevant in a world of AI agents
What’s the next big thing in enterprise automation? If you ask the tech giants, it’s agents — driven by generative AI. There’s no universally accepted definition of agent, but these days the term is u...
https://techcrunch.com/2024/04/28/how-rpa-vendors-aim-to-remain-relevant-in-a-world-of-ai-agents/
London’s first defense tech hackathon brings Ukraine war closer to the city’s startups
Last week, the UK announced its largest ever military support package for Ukraine. The bill takes the U.K.’s total support for this financial year to £3 billion — not quite the $50 billion the US pled...
Will a TikTok ban impact creator economy startups? Not really, founders say
President Joe Biden signed a bill on Wednesday that could ban TikTok – for real this time. After so many false starts and stops, some creator economy founders and their clients are rolling their eyes....
TikTok faces a ban in the US, Tesla profits drop and healthcare data leaks
Welcome, folks, to Week in Review (WiR), TechCrunch’s regular newsletter covering this week’s noteworthy happenings in tech. TikTok’s fate in the U.S. looks uncertain after President Joe Biden signed ...
Investors won’t give you the real reason they are passing on your startup
“When an investor passes on you, they will not tell you the real reason,” said Tom Blomfield, group partner at Y Combinator. “At seed stage, frankly, no one knows what’s going to fucking happen. The f...
Deal Dive: Givebutter is turning a profit making tech for nonprofits
Givebutter recently raised $50 million for its CRM platform for nonprofits as startups building tech for that industry gain momentum.
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The ‘valley of death’ for climate lies between early-stage funding and scaling up
It's easier for climate companies to get enough funding to get started. It's much harder once they need money to scale.
© 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/04/27/climate-startup-valley-of-death/
A wrestling match over who should control robotaxis is playing out in California
Cities around the country have long been crying out for more control over how autonomous vehicles are deployed on their streets. In California, they might finally get their wish. A handful of AV-relat...