Tag Archives: TechCrunch

NEA led a $100M round into Fei-Fei Li’s new AI startup, now valued at over $1B

World Labs, a stealthy startup founded by renowned Stanford University AI professor Fei Fei Li, has raised two rounds of financing  two months apart, according to multiple reports. The latest financing was led by NEA and valued the company at … Continue reading

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Sonos CEO Patrick Spence confirms 100-person layoff

Roughly one week ago during an earnings call, the chief executive addressed ongoing issues with Sonos’ mobile app. © 2024 TechCrunch. All rights reserved. For personal use only.

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Study suggests that even the best AI models hallucinate a bunch

The research suggest that models aren’t hallucinating much less, despite claims to the contrary from OpenAI, Anthropic and the other big AI players. © 2024 TechCrunch. All rights reserved. For personal use only.

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FTC finalizes rule banning fake reviews, including those made with AI 

The U.S. Federal Trade Commission (FTC) announced on Wednesday a final rule that will tackle several types of fake reviews and prohibit marketers from using deceptive practices, such as AI-generated reviews, censoring honest negative reviews, and compensating third parties for … Continue reading

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Palo Alto Networks CEO apologizes for happy hour display featuring women with lampshades on their heads

Cybersecurity giant Palo Alto Networks is getting a lot of grief for a recent trade show event in which two women posed with lampshades on their heads. The debacle — which unflatteringly recalls the CES booth babes of the early … Continue reading

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This Week in AI: AI isn’t world-ending — but it’s still plenty harmful

Hiya, folks, welcome to TechCrunch’s regular AI newsletter. This week in AI, a new study shows that generative AI really isn’t all that harmful — at least not in the apocalyptic sense. In a paper submitted to the Association for … Continue reading

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Definity raises $4.5M as it looks to transform data application observability

Definity focuses on the data transformation plane on top of a data lake or warehouse, not the data ingestion part of the pipeline. © 2024 TechCrunch. All rights reserved. For personal use only.

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Databricks reportedly paid $2 billion in Tabular acquisition

Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg. That’s a pretty outrageous exit multiple, and it was … Continue reading

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Stoke Space’s initial launch plans at Cape Canaveral take shape

Stoke Space is nothing if not ambitious. The five-year-old launch startup has generated a lot of hype due to its bold plans to develop the first fully reusable rocket, with both the booster and second stage vertically returning to Earth.  … Continue reading

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Telegram adds new ways for creators to earn money on its platform

Telegram announced on Wednesday that it’s adding new ways for creators to make money on its platform. Most notably, the platform is launching monthly paid subscriptions that users can purchase using the app’s digital currency, Stars, in order to get … Continue reading

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