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VW to invest up to $5B into Rivian in software deal

VW Group will invest $1 billion into EV startup Rivian as part of a software development deal that could expand to as much as $5 billion. The deal, which was announced Tuesday afternoon, sent Rivian’s shares up more than 36% … Continue reading

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Fearless Fund’s founder has resigned, and it’s a sad reflection on the VC world for Black women

Fearless Fund’s co-founder and COO Ayana Parsons has announced that she was stepping down. The firm is being sued by a politically conservative group. © 2024 TechCrunch. All rights reserved. For personal use only.

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Reddit’s upcoming changes attempt to safeguard the platform against AI crawlers

Reddit says the update shouldn’t affect the majority of users or good faith actors, like researchers and organizations, such as the Internet Archive. © 2024 TechCrunch. All rights reserved. For personal use only.

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The RIAA’s lawsuit against generative music startups will be the bloodbath AI needs

Unfortunately for Udio and Suno, the RIAA has a few thousand smoking guns in the lawsuit: songs it owns that are clearly being regurgitated by the music models. © 2024 TechCrunch. All rights reserved. For personal use only.

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From Brex exec to venture capitalist

Welcome to TechCrunch Fintech! This week, we’re looking at a Brex exec’s jump to join venture firm a16z, Klarna selling off its payments unit and some mega-raises. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to … Continue reading

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Firefox now lets you choose your preferred AI chatbot in its Nightly builds

As browsers continue to add AI features into their products, Mozilla is looking give users some choice in the matter. The company announced on Tuesday that it’s launching an opt-in experiment offering access to different AI services in Nightly, the … Continue reading

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Circular will pay competitor Oura royalties to sell its smart ring in the US

Smart ring makers Oura and Circular Tuesday announced a settlement in an ongoing patent suit. The agreed-upon terms find the French company entering into a multi-year agreement with Oura, wherein it will license the market leader’s intellectual property for devices … Continue reading

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Inspired by Gen Z, Pinterest users can now turn boards into videos for sharing on Instagram and TikTok

The new addition was inspired by the video-sharing activity that was already taking place on apps like TikTok. © 2024 TechCrunch. All rights reserved. For personal use only.

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Stability AI lands a lifeline from Sean Parker, Greycroft

Stability AI, the beleaguered generative AI startup behind Stable Diffusion, has raised new cash. But it won’t reveal how much. Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture Partners, O’Shaughnessy Ventures and angel investors Prem Akkaraju, Napster founder Sean Parker, Eric … Continue reading

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Patreon introduces a gifting feature and other creator tools

Patreon, the paid membership platform for creators, announced Tuesday the release of new features designed to help creators monetize their non-paying followers and tap into new revenue streams. This includes the ability to sell individual posts, a gifting feature for … Continue reading

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