Tag Archives: TechCrunch

U.K.’s competition authority says Microsoft’s OpenAI partnership doesn’t quality for investigation

Britain’s competition authority, the Competition and Markets Authority (CMA), said Wednesday that Microsoft’s partnership with OpenAI doesn’t qualify for investigation under the merger provisions of the U.K.’s Enterprise Act 2002, the country’s anticompetitive practices law. The full text of the … Continue reading

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Grain emerges from stealth with $50M to help any business hedge against FX volatility

Foreign exchange fluctuations can make or break a business that trades across borders, but trying to respond to that can be tricky if you’re anything smaller than the world’s largest enterprises. Today, a startup called Grain is emerging from stealth … Continue reading

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ARM to sign $250M chip deal with Malaysia

The SoftBank-backed chipmaker has signed an agreement with the Malaysian government to bolster the country’s chip design ecosystem. © 2024 TechCrunch. All rights reserved. For personal use only.

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Apple is challenging U.K.’s iCloud encryption backdoor order

Apple is challenging a U.K. Government data access order in the Investigatory Powers Tribunal (IPT), the Financial Times reports. The order targeted iCloud backups that are protected by end-to-end encryption. Last month, press leaks revealed the existence of the January … Continue reading

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Darwinbox, the HR upstart from India, raises $140M to take on Deel and Rippling

Darwinbox, an Indian startup building a SaaS platform for hiring, onboarding and employee administration, has raised $140 million to take on the likes of Rippling and Deel as it seeks to expand internationally, especially in the U.S. The funding is … Continue reading

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CoreWeave acquires AI developer platform Weights & Biases

Nvidia-backed data center company CoreWeave has acquired AI developer platform Weights & Biases for an undisclosed sum. According to The Information, CoreWeave spent $1.7 billion on the transaction. Weights & Biases was valued at $1.25 billion in 2023, and it … Continue reading

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CoreWeave partner EcoDataCenter racks up half a billion dollars to build more sustainable buildings for AI

EcoDataCenter, a Swedish company that builds eco-friendly data centers used by major compute providers to handle their AI traffic, has raised nearly half a billion dollars — $478 million (€450 million) to be exact — in anticipation of more demand.  … Continue reading

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Meta brings its anti-fraud facial recognition test to the UK after getting a thumbs up from regulators

Last October, Meta dipped its toe into the world of facial recognition — an area where it has had a tricky track record — with an international test of two new tools: one to stop scams based on likenesses of … Continue reading

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Defense tech startup Epirus raises $250M Series D to counter drone swarms

Defense tech startup Epirus has raised a $250m Series D to expand its counter-drone solutions. © 2024 TechCrunch. All rights reserved. For personal use only.

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Quantexa nabs $175M at a $2.6B valuation to double down on data analytics for AI

London startup Quantexa has made its name over the years with an enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, it is announcing new funding of $175 million to double down on that … Continue reading

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