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Tag Archives: TechCrunch
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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X users treating Grok like a fact-checker spark concerns over misinformation
Some users on X are turning to Grok for fact-checking, raising concerns among fact-checkers. © 2024 TechCrunch. All rights reserved. For personal use only.
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Sequoia shutters D.C. office, lets go of policy team
Sequoia will shutter its D.C. office as well as part ways with the policy team there at the end of March, TechCrunch has confirmed. The news comes — and is somewhat in contrast — with the other prominent VC firms … Continue reading
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Nvidia reportedly acquires synthetic data startup Gretel
Nvidia has reportedly acquired Gretel, a San Diego-based startup that’s developed a platform to generate synthetic AI training data. Terms of the acquisition are unknown. The price tag was said to be nine figures, exceeding Gretel’s most recent valuation of … Continue reading
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AWS generative AI exec leaves to launch startup
Raj Aggarwal is leaving AWS after nearly three years as the company’s GM of generative AI and revenue acceleration, according to a LinkedIn post Aggarwal published Wednesday. “I’m proud of the pioneering work our team did in generative AI from … Continue reading
Group co-led by Fei-Fei Li suggests that AI safety laws should anticipate future risks
In a new report, a California-based policy group co-led by Fei-Fei Li, an AI pioneer, suggests that lawmakers should consider AI risks that “have not yet been observed in the world” when crafting AI regulatory policies. The 41-page interim report … Continue reading
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Substack rival Ghost is now connected to the fediverse
Newsletter platform Ghost, an open source competitor to Substack, is now connected to the fediverse, also known as the open social web. Federated apps run on the protocol ActivityPub, which powers apps like Mastodon, Pixelfed, Threads, Flipboard, and others, allowing … Continue reading
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xAI launches an API for generating images
Elon Musk’s AI company, xAI, has added image generation capabilities to its API. Only one model is available in the API at the moment, “grok-2-image-1212.” Given a caption, the model can generate up to 10 images per request (limited to … Continue reading