Tag Archives: TechCrunch

Diffusion transformers are the key behind OpenAI’s Sora — and they’re set to upend GenAI

OpenAI’s Sora, which can generate videos and interactive 3D environments on the fly, is a remarkable demonstration of the cutting edge in GenAI — a bonafide milestone. But curiously, one of the innovations that led to it, an AI model … Continue reading

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Deel, the $12B HR startup, acquires Zavvy to step up consolidation play

Consolidation is afoot in the world of HR services, with larger players snapping up interesting, smaller startups en route to more robust unit economics and providing one-stop shops for customers looking to cut down on suppliers. In the latest development, … Continue reading

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MWC 2024: Nothing enters the budget range with Phone (2a)

Nothing isn’t one to be quiet about new releases. The London-based phone company’s media push largely relies on trickling out information about devices bit by bit. It’s been a solid strategy thus far (if a bit annoying as someone who … Continue reading

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Thrasio, once king of e-commerce aggregation, files for Ch.11

Thrasio, the U.S. start-up that raised billions of dollars and popularized the concept of e-commerce aggregation — buying up and restructuring dozens of smaller brands and third parties selling on marketplaces like Amazon in a bid for better economies of … Continue reading

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Dailyhunt in talks to acquire social network startup Koo

Media startup DailyHunt is in advanced stages of talks to acquire the Bengaluru-headquartered social network Koo, two sources familiar with the matter told me. The potential deal under discussion involves a share-swap agreement and could be finalized within weeks, the … Continue reading

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Bumble cuts ~350 employees as dating apps face a reckoning

Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue. While up from the same period a year ago, earnings … Continue reading

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AIs serve up ‘garbage’ to questions about voting and elections

A number of major AI services performed poorly in a test of their ability to address questions and concerns about voting and elections. The study found that no model can be completely trusted, but it was bad enough that some … Continue reading

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Why VCs are investing in startups that help other startups shut down

In one of the VC world’s greatest ironies, investors have lately been clamoring to back startups that are helping other startups shut down. So whether a VC-backed startup is succeeding or shuttering, investors themselves are finding ways to make returns … Continue reading

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Intuitive Machines faces early end to moon mission after lander tips over

Intuitive Machines’ first moon mission will come to a premature end due to the spacecraft landing on its side, which altered how the solar panels are positioned in relation to the sun, the company said in an update Tuesday morning. … Continue reading

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Newsmast brings curated ‘communities’ to the open source Twitter/X alternative Mastodon

An organization called Newsmast is introducing a new approach to decentralized social media with the launch of an updated version of its Mastodon mobile app that now integrates content from two servers into one interface — a different approach compared … Continue reading

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