Tag Archives: TechCrunch

Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs

Microsoft’s chief commercial officer Judson Althoff noted AI has been so useful that Microsoft was able to save more than $500 million last year in its call center alone. 

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California lawmaker behind SB 1047 reignites push for mandated AI safety reports

California State Senator Scott Wiener on Wednesday introduced new amendments to his latest bill, SB 53, that would require the world’s largest AI companies to publish safety and security protocols and issue reports when safety incidents occur. If signed into … Continue reading

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Steve Davis left DOGE in May, but officials say he’s still running the show

Though he officially left the U.S. government in May, Steve Davis — Elon Musk’s low-flying former top lieutenant at the Department of Government Efficiency — continues wielding influence at DOGE, according to the WSJ. The outlet says Davis regularly gives … Continue reading

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Neobank Revolut seeks $65B valuation, a year after its $45B deal

Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports.  The UK-based company is reportedly in talks to raise around $1 billion by issuing new shares … Continue reading

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X’s ad business improved under departing CEO Linda Yaccarino, but it’s still tough times ahead

In the U.S., ad spending was up 62% year-over-year in the first half of 2025.

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OpenAI is reportedly releasing an AI browser in the coming weeks

OpenAI’s browser is said to use AI to rethink how users browse the web, keeping some user interactions inside ChatGPT instead of linking out to websites.

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Jack Dorsey says his ‘secure’ new Bitchat app has not been tested for security

Dorsey admitted that his new messaging app had not been reviewed or tested for security issues prior to its launch.

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YouTube prepares crackdown on ‘mass-produced’ and ‘repetitive’ videos, as concern over AI slop grows

YouTube’s creator liaison said the change is a “minor” update to YouTube’s longstanding policies.

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ChatGPT hallucinated about music app Soundslice so often, the founder made the lie come true

Adrian Holovaty, founder of music-teaching platform Soundslice, finally solved a months-long mystery: weird images of ChatGPT sessions kept being uploaded to the site.

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Apple looks to bid on becoming US home for Formula 1

Formula 1 could have a new U.S. streaming service home soon. Apple is in talks to purchase the rights as it looks to further invest in live sports, the Financial Times reports. Apple already has deals for Major League Baseball … Continue reading

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