Tag Archives: TechCrunch

Krafton leads Cashfree’s $53M funding at $700M valuation

Cashfree, an Indian payments startup that facilitates and processes more than $80 billion for its customers each year, has raised $53 million in a new round of funding as it gears up to deepen its presence in some international markets. … Continue reading

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Brightpick’s new warehouse robot can reach 20-foot-high shelves

Brightpick, a maker of autonomous mobile robots, on Tuesday announced a lofty addition to its current line. The appropriately named Giraffe system is notable for its large, retractable platform capable of reaching up to 20 feet (6 meters) in height … Continue reading

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Alphabet praises DeepSeek, but it’s massively ramping up its AI spending

Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 billion. © 2024 TechCrunch. All rights reserved. For personal use only.

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Snap says TikTok uncertainty benefited its business

During Snap’s fourth-quarter earnings call on Tuesday, CEO Evan Spiegel said that the uncertainty surrounding TikTok’s future has positively affected its business. “We’re not trying to draw too many conclusions from some of the engagement lift we saw when [TikTok] … Continue reading

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A16z hires acquitted former Marine Daniel Penny as an investor 

Powerhouse venture firm Andreessen Horowitz has hired Daniel Penny as an investor, its webpage confirms.  Penny is the former Marine who was tried last year and found not guilty of criminally negligent homicide in the death of a homeless man … Continue reading

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Miist, founded by a 25-year-old, wants people to vape their way out of smoking addiction and migraines

As a university student, Dalton Signor was troubled by how many people around him smoked or vaped, including his grandmother and 14-year-old sister. Signor (pictured center) felt that existing smoking cessation medicines, whether patches, gums, or lozenges, are not very … Continue reading

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Google removes pledge to not use AI for weapons from website

Google removed a pledge to not build AI for weapons or surveillance from its website this week. The change was first spotted by Bloomberg. The company appears to have updated its public AI principles page, erasing a section titled “applications … Continue reading

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Spyware maker Paragon confirms U.S. government is a customer

Israeli spyware maker Paragon Solutions confirmed to TechCrunch that it sells its products to the U.S. government and other unspecified allied countries. Paragon’s executive chairman John Fleming said in a statement to TechCrunch on Tuesday that, “Paragon licenses its technology … Continue reading

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Okta competitor SailPoint races toward $11.5B IPO

Cybersecurity company SailPoint is hoping to sell $1 billion worth of stock in its upcoming IPO and offer another signal that IPOs will become hot again. © 2024 TechCrunch. All rights reserved. For personal use only.

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Amazon continues renewable energy spree with 476 MW purchase

Amazon’s power bill has been soaring lately as it adds data centers to deal with rising demand for AI and cloud services. © 2024 TechCrunch. All rights reserved. For personal use only.

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