Tag Archives: TechCrunch

Meta AI is finally coming to the EU, but with limitations

Amid an ongoing regulatory battle with European privacy authorities, Meta announced on Thursday that its AI-powered virtual assistant, Meta AI, is finally launching in the European Union. The chatbot-like tool will be rolled out across Meta’s portfolio of social platforms, … Continue reading

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TikTok to start pushing Amber Alerts to users’ For You feeds

TikTok is partnering with the National Center for Missing & Exploited Children (NCMEC) to bring real-time Amber Alerts directly to users’ For You feeds in the United States, the company announced on Thursday. With this new feature, if an Amber … Continue reading

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Pruna AI open sources its AI model optimization framework

Pruna AI, a European startup that has been working on compression algorithms for AI models, is making its optimization framework open source on Thursday. Pruna AI has been creating a framework that applies several efficiency methods, such as caching, pruning, … Continue reading

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Amid calls for sovereign EU tech stack, Evroc raises $55M to build a hyperscale cloud in Europe

A Swedish startup aiming to build a hyperscale cloud company in Europe has raised €50.6 million ($55 million) in Series A funding. Evroc, as it’s called, says it’s laying the foundations for a “secure, sovereign and sustainable hyperscale cloud to … Continue reading

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ChatGPT hit with privacy complaint over defamatory hallucinations

OpenAI is facing another privacy complaint in Europe over its viral AI chatbot’s tendency to hallucinate false information — and this one might prove tricky for regulators to ignore. Privacy rights advocacy group Noyb is supporting an individual in Norway … Continue reading

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Michael Seibel is leaving Y Combinator

Michael Seibel announced late Wednesday on X that after more than 12 years at the famed accelerator Y Combinator, he is transitioning to a “partner emeritus” role. Y Combinator CEO Garry Tan shared the news separately in a company blog … Continue reading

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ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

Debt collection in emerging markets often feels outdated and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are struggling to maintain pace. ClearGrid aims to help modernize debt … Continue reading

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SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will … Continue reading

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How a $6M bet on Wiz turned into a massive 200x return for one early backer

Wiz’s $32 billion all-cash acquisition by Google parent Alphabet promises a colossal payday for the cybersecurity startup’s early-stage investors. The deal is a big win for Sequoia, one of the best-known VC firms, which stands to make $3 billion, about … Continue reading

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OpenAI’s o1-pro is the company’s most expensive AI model yet

OpenAI has launched a more powerful version of its o1 “reasoning” AI model, o1-pro, in its developer API. According to OpenAI, o1-pro uses more computing than o1 to provide “consistently better responses.” Currently, it’s only available to select developers — … Continue reading

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