Tag Archives: TechCrunch

Reddit’s planned IPO share price seems high, unless you look at its AI revenue

If investors agree to pay its high-end range, Reddit’s valuation should hit around $5.4 billion. © 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Reddit’s planned IPO share price seems high, unless you look at its AI revenue

After losing access to Twitter’s API, Block Party pivots to privacy

Block Party, a startup developed by software engineer and tech diversity advocate Tracy Chou, was among the victims of Twitter’s (now X’s) API changes earlier this year, forcing it to pivot its business. At the SXSW conference in Austin this … Continue reading

Posted in Tech | Tagged | Comments Off on After losing access to Twitter’s API, Block Party pivots to privacy

Ready Player One creator debuts ‘Open,’ a metaverse battle royale experience

Earlier this year, Readyverse Studios – co-founded by blockchain tech company Futureverse and Ernest Cline, the mind behind the sci-fi franchise Ready Player One – announced “The Readyverse,” an interactive platform for metaverse games and experiences. Readyverse Studios partnered with … Continue reading

Posted in Tech | Tagged | Comments Off on Ready Player One creator debuts ‘Open,’ a metaverse battle royale experience

Worldcoin fails to get injunction against Spain’s privacy suspension

Controversial eyeball scanning startup Worldcoin has failed to get an injunction against a temporary suspension ordered Wednesday by Spain’s data protection authority, the AEPD. The authority used emergency powers contained in the European Union’s General Data Protection Regulation (GDPR) to … Continue reading

Posted in Tech | Tagged | Comments Off on Worldcoin fails to get injunction against Spain’s privacy suspension

Airbnb is banning indoor security cameras inside its listings

Airbnb is banning the use of indoor security cameras in all of its listings, the company announced on Monday. Previously, Airbnb has allowed hosts to have indoor security cameras in common areas, such as hallways and living rooms, as long … Continue reading

Posted in Tech | Tagged | Comments Off on Airbnb is banning indoor security cameras inside its listings

Bluesky is funding developer projects to give its Twitter/X alternative a boost

Would-be Twitter/X rival Bluesky is looking to more directly invest in its developer community in order to foster growth. The company last week announced “AT Protocol Grants,” a new program that will dole out small grants to developers building on … Continue reading

Posted in Tech | Tagged | Comments Off on Bluesky is funding developer projects to give its Twitter/X alternative a boost

Alphabet spin-off SIP launches Verrus, a data center concept built around battery ‘microgrids’

Sidewalk Infrastructure Partners — the Alphabet spinout that focuses on building and backing new approaches to complicated infrastructure problems in areas like power, broadband and waste management — has launched its latest project, a new concept for more flexible data … Continue reading

Posted in Tech | Tagged | Comments Off on Alphabet spin-off SIP launches Verrus, a data center concept built around battery ‘microgrids’

Musk’s Grok goes open-source and Reddit updates its IPO filing

Today we took a look at Reddit’s new IPO filing, the potential impact of Grok being open sourced, and why Bobby Kotick wants to buy TikTok. © 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Musk’s Grok goes open-source and Reddit updates its IPO filing

Telegram founder says the company will become profitable next year

Telegram founder Pavel Durov said that the company expects to hit profitability next year with eyes on going public in the future. The chat app, which crossed 900 million users, is making “hundreds of millions of dollars” through ads and … Continue reading

Posted in Tech | Tagged | Comments Off on Telegram founder says the company will become profitable next year

Covariant is building ChatGPT for robots

Covariant this week announced the launch of RFM-1 (Robotics Foundation Model 1). Peter Chen, the cofounder and CEO of the U.C. Berkeley artificial intelligence spinout tells TechCrunch the platform, “is basically a large language model (LLM), but for robot language.” … Continue reading

Posted in Tech | Tagged | Comments Off on Covariant is building ChatGPT for robots