Author Archives: Techme101

EU boosts EIC budget for supporting deeptech R&D and strategic scale-ups

The European Union will spend €1.4 billion (about $1.5 billion) next year to bolster deeptech research and support scale-ups in strategic areas like AI, low-carbon technologies, agritech and biotech, the European Commission said on Tuesday. The budget for the 2025 Work … Continue reading

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Why Crosscut Ventures is ‘following the founders’ into climate, space, and beyond

The focus of the new $100 million fund, Crosscut’s sixth, will include energy and power, space and underwater exploration, advanced manufacturing, advanced materials, and security and defense. © 2024 TechCrunch. All rights reserved. For personal use only.

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U.S. finalizing rules to ban certain investments in AI tech in China

President Joe Biden’s administration says it’s finalizing rules to curb investments in AI and other tech sectors in China, Reuters reports. The rules, which were first proposed in June by the U.S. Treasury and directed by an executive order President … Continue reading

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MoneyGram replaces CEO weeks after massive customer data breach

The CEO’s removal comes soon after the company confirmed it had lost an unspecified amount of personal customer information in an earlier September cyberattack. © 2024 TechCrunch. All rights reserved. For personal use only.

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Oracle announces new AI-powered electronic health record

Oracle on Tuesday announced a brand new electronic health record that features new cloud and artificial intelligence capabilities.

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Salesforce AI chatbot Agentforce hits general availability

Salesforce on Tuesday announced the general availability of its AI agent development platform called Agentforce. The offering is, in essence, a low- or no-code method for deploying chatbots for employees or customers. Salesforce says the new platform is already being … Continue reading

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PayPal beats on earnings but misses on revenue

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

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Margaret Atwood’s verdict on AI poetry is in — and it’s not good

Bestselling author Margaret Atwood isn’t worried about the indefatigable rise of generative AI — telling Reuters that she’s too old to be concerned about its impact on the arts. Her remarks follow a petition calling for an end to the … Continue reading

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TikTok founder becomes China’s richest man

Zhang Yiming’s fortune has leapt to almost $50bn, according to a newly published rich list.

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Pay Once, Host Forever with HostVerge WordPress Hosting for $40

Your website deserves the best: host your site for life for one low price, with no fees and 99.99% uptime.

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