Tag Archives: TechCrunch

Amazon unveils new chips for training and running AI models

There’s a shortage of GPUs as the demand for generative AI, which is often trained and run on GPUs, grows. Nvidia’s best-performing chips are reportedly sold out until 2024. The CEO of chipmaker TSMC was less optimistic recently, suggesting that the shortage … Continue reading

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Dataminr, the $4B big data startup, is laying off 20% of staff today, or 150 people, as it preps to double down on AI

It’s a tough day for Dataminr, the New York-based big data unicorn last valued at $4.1 billion. TechCrunch has learned that the company — which AI and big data algorithms to provide predictive insights about news and other global events, … Continue reading

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The 2024 IPO cohort is coming into focus as Shein, Reddit prep to go public

If Shein and Reddit can do better than our miniscule tech IPO class of 2023, they could leave the sort of accelerative impact that tech startups so desperately need right now. © 2023 TechCrunch. All rights reserved. For personal use … Continue reading

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Tumblr+ kills Post+, its ill-fated subscription offering for creators

Tumblr’s ill-fated Post+ subscription service is shutting down, the company announced late on Monday. The service, which allowed creators to paywall select content for subscribers only, will no longer be an option Tumblr users can enable as of December 1st … Continue reading

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Europol arrest hackers allegedly behind string of ransomware attacks

Europol and its international law enforcement partners have arrested five individuals who authorities accuse of involvement in a string of ransomware attacks affecting more than 1,800 victims worldwide. The arrested individuals, which include the criminal gang’s ringleader, 32, and four … Continue reading

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Pika Labs, which is building AI tools to generate and edit videos, raises $55M

The generative AI hype hasn’t died down yet. Case in point, Pika Labs, a startup creating an AI-powered platform to edit and generate videos from captions and still images, today announced that it raised $55 million in a funding round … Continue reading

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Candex lands $45M infusion to grow its procurement management business

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from WiL (World Innovation … Continue reading

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Solve Intelligence helps attorneys draft patents for IP analysis and generation

Many legal tech startups streamline manual workflow for lawyers, and some legal tech companies provide tech solutions centered around intellectual property (IP). Among them is a startup called Solve Intelligence, which builds AI software specialized for patent attorneys to write … Continue reading

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Vimcal raises $4.5 million to expand its team offerings

Vimcal, a YC-backed calendar app, has raised a $4.5 million seed round from Altos Ventures to expand its team and enterprise offerings. The company, founded by CEO John Li, launched its iOS app and Outlook integration last year. Li told … Continue reading

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AWS brings Amazon One palm-scanning authentication to the enterprise

Amazon’s cloud computing subsidiary AWS (Amazon Web Services) has lifted the lid on a new palm-scanning identity service that allows companies to authenticate people when entering physical premises. The announcement comes as part of AWS’s annual Re:Invent conference, which is … Continue reading

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