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Monthly Archives: February 2025
SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.
Google Whisk, an image remixing tool, is now available in 100+ countries
Notably, the image tools are not available in countries and regions like India, Indonesia, the EU, and the U.K. © 2024 TechCrunch. All rights reserved. For personal use only.
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Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image
Europe is looking to be a part of the conversation around AI leadership and innovation that has so far been dominated by the U.S. and China.
Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL
Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to survival. In developed markets, where credit cards are common, consumers often view buy now, pay later (BNPL) offerings positively because of their flexible … Continue reading
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Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market
Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.
Law firm restricts AI after ‘significant’ staff use
The chief technology officer of Hill Dickinson warned of the use of AI tools.
Federal workers sue Elon Musk and DOGE to cut off data access
Federal workers are suing DOGE and its creator, Elon Musk to cut off the new agency’s access to their personal data. © 2024 TechCrunch. All rights reserved. For personal use only.
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Super Micro ‘confident’ it will meet SEC deadline and reach $40 billion next fiscal year
Super Micro expressed confidence it will meet a key SEC deadline this month and hit $40 billion in revenue in fiscal 2026.
Founders Fund is about to close another $3B fund
Founders Fund is on track to conclude fundraising of its third growth fund at the end of March, according to people close to the firm. The Peter Thiel-founded outfit is raising $3 billion, a source told TechCrunch and Axios also … Continue reading
The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’
The “cease work” order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will stall regulation that could govern tech companies like Apple and Google.