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Tag Archives: TechCrunch
Turkey’s Sipay raises $78M to expand its Stripe-like services into emerging markets
Billing itself as “Stripe for emerging markets,” Turkish Fintech Sipay has raised a $78 million Series B funding round, claiming a valuation of $875 million in the process. This round is significant, as Sipay plans to expand into markets outside … Continue reading
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Apple might import more iPhones from India to side-step China tariffs
Apple is considering importing more iPhones from India to side-step the 54% additional tariffs on goods imported from China that U.S. President Donald Trump announced last week, the Wall Street Journal reported, citing anonymous sources. The company sees this as … Continue reading
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IBM releases a new mainframe built for the age of AI
IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest version of its mainframe computer hardware. This fully encrypted … Continue reading
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Google is allegedly paying some AI staff to do nothing for a year rather than join rivals
Retaining top AI talent is tough amid cutthroat competition between Google, OpenAI, and other heavyweights. Google’s AI division, DeepMind, has resorted to using “aggressive” noncompete agreements for some AI staff in the U.K. that bar them from working for competitors … Continue reading
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Microsoft reportedly fires staff whose protest interrupted its Copilot event
On Monday, Microsoft reportedly terminated the roles of two software engineers, Ibtihal Aboussad and Vaniya Agrawal, who protested the company’s reported dealings with the Israeli military during Microsoft’s Copilot and 50th anniversary event last week. According to an internal message … Continue reading
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Amazon says its AI video model can now generate minutes-long clips
Amazon has upgraded its AI video model, Nova Reel, with the ability to generate videos up to two minutes in length. Nova Reel, announced in December 2024, was Amazon’s first foray into the generative video space. It competes with models … Continue reading
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Nikola founder Trevor Milton wants to buy the bankrupt startup’s assets
Nikola founder Trevor Milton, who was recently pardoned after being convicted of securities fraud, is trying to buy the assets of his former company out of bankruptcy, according to new court filings and a person familiar with the matter. Nikola … Continue reading
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Flexport CEO Ryan Petersen’s high-stakes test amid tariff turmoil: ‘You can’t be freaking out’
At 11 a.m. in California last Thursday, the day after President Donald Trump declared sweeping new tariffs under what he dubbed “Liberation Day,” Ryan Petersen was live on camera, fielding questions from a virtual room packed with more than 2,300 … Continue reading
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Meta exec denies the company artificially boosted Llama 4’s benchmark scores
A Meta exec on Monday denied a rumor that the company trained its new AI models to present well on specific benchmarks while concealing the models’ weaknesses. The executive, Ahmad Al-Dahle, VP of generative AI at Meta, said in a … Continue reading
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Analyst says Apple, Tesla have biggest exposure to Trump’s tariffs
Wedbush Securities analyst Dan Ives slashed his price targets for Apple and Tesla over the weekend as President Trump’s tariffs threaten to disrupt both businesses. “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its … Continue reading
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