Tag Archives: TechCrunch

India’s Oyo, once valued at $10 billion, seeks new funding at 70% discount

Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with the matter told TechCrunch. The startup is … Continue reading

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What we learned from the indictment of LockBit’s mastermind

On Tuesday, U.S. and U.K. authorities revealed that the mastermind behind LockBit, one of the most prolific and damaging ransomware groups in history, is a 31-year-old Russian named Dmitry Yuryevich Khoroshev, aka “LockbitSupp.” As it’s customary in these types of … Continue reading

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Apple teased AI improvements, including the M4’s neural engine, at its iPad event

Tuesday’s theme focused on the new hardware devices themselves — devices like new iPads and an updated Apple Pencil — not on the AI advances Apple is making under the hood. © 2024 TechCrunch. All rights reserved. For personal use … Continue reading

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OpenAI says it’s building a tool to let content creators ‘opt out’ of AI training

OpenAI says that it’s developing a tool to let creators better control how their content’s used in training generative AI. Called Media Manager, the tool — once it’s released — will allow creators and content owners to identify their works … Continue reading

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Exclusive: Wayve co-founder Alex Kendall on the autonomous future for cars and robots

UK-based autonomous vehicle startup Wayve started life as a software platform loaded into a tiny electric ‘car’ called a Renault Twizy. Festooned with cameras, the company’s co-founders and PhD graduates, Alex Kendall and Amar Shah, tuned the deep-learning algorithms powering … Continue reading

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Here’s everything Apple just announced at its Let Loose event, including new iPad Pro with M4 chip, iPad Air, Apple Pencil and more

Today is Apple iPad Event day, and we’re bringing you all the iPad goodness you can stand, summed up in a convenient package. © 2024 TechCrunch. All rights reserved. For personal use only.

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Wiz raises $1B at a $12B valuation to expand its cloud security platform through acquisitions

Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO. Now, it has closed a major round of funding of $1 billion to help on … Continue reading

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Legion’s founder aims to close the gap between what employers and workers need

While taking a long road trip across the U.S. years ago, Sanish Mondkar realized that there were stark, problematic disconnects between employers and the staff they employ. To critics of late-stage capitalism, that might sound like an obvious observation. But … Continue reading

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Nintendo finally confirms the Switch 2 is on the way

In the most anticlimactic way possible, Nintendo on Tuesday confirmed years of rumors: the Nintendo Switch 2 console is on the way. © 2024 TechCrunch. All rights reserved. For personal use only.

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Meta AI is obsessed with turbans when generating images of Indian men

Bias in AI image generators is a well-studied and well-reported phenomenon, but consumer tools continue to exhibit glaring cultural biases. The latest culprit in this area is Meta’s AI chatbot, which, for some reason, really wants to add turbans to … Continue reading

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