The first Juniper fund is $10.6 million and is oversubscribed.
Β© 2024 TechCrunch. All rights reserved. For personal use only.
One of the most widely used techniques to make AI models more efficient, quantization, has limits β and the industry could be fast approaching them. In the context of AI, quantization refers to lowering the number of bits β the smallest units a computer can process β needed to represent information. Consider this analogy: When [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
Days after web hosting provider WP Engine won a preliminary injunction against WordPress co-creator Matt Mullenweg and rival hosting provider Automattic, Mullenweg announced that WordPress.org is taking a holiday break. WordPress.com β a site that provides access to WordPress plug-ins, themes, and other artifacts to the community β will take a break from providing free [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
The company's co-founder confirmed the shutdown in a LinkedIn post.
Β© 2024 TechCrunch. All rights reserved. For personal use only.
Japanese car giants Honda and Nissan are working out the details of a major merger that could create the worldβs third-largest automaker, as the companies look to survive in an industry faced with uncertainty. The Tesla-led shift toward electric vehicles, and Chinaβs increased importance in the automotive market, have companies like Honda and Nissan feeling [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
This glossary includes the most common terms and expressions TechCrunch uses in our security reporting, and explanations of how β and why β we use them.
Β© 2024 TechCrunch. All rights reserved. For personal use only.
Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the COVID-19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America, to scale up its operations in the region. Despegarβs board of directors [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
Telegram founder Pavel Durov said Monday that the company is now profitable. Durov said the chat appβs total revenue surpassed $1 billion in 2024. The company, which launched its premium subscription service in 2022, now has 12 million paid users. Durov also said that the app is finishing the year with more than $500 million [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
A US judge ruled that the Israeli spyware maker breached hacking laws by using WhatsApp to infect devices with Pegasus
Β© 2024 TechCrunch. All rights reserved. For personal use only.
Elon Musk's AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users until now.
Β© 2024 TechCrunch. All rights reserved. For personal use only.
X is raising prices for its top-tier subscription service, Premium+, by 37.5% to $22 a month, marking the largest price increase since Elon Musk bought the platform in 2022. The price hike will first affect U.S. users, going up from $16, effective December 21, according to a statement. Annual subscriptions have also climbed to $229 [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
President-elect Donald Trump has confirmed reports that Sriram Krishnan, until recently a general partner at Andreessen Horowitz (a16z), will serve as senior policy advisor for AI at the White House Office of Science and Technology Policy. Trump said in a statement that Krishnan will βhelp shape and coordinate AI policy across government, working with the [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
Two big defense tech players, Palantir and Anduril, are talking to tech companies including SpaceX, OpenAI, Saronic, and Scale AI about forming a consortium to bid on Pentagon contracts, according to a report in the Financial Times. The goal, the FT says, is to challenge the dominance of βprimeβ defense contractors like Lockheed Martin, Raytheon, [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
With a U.S. TikTok ban scheduled to take effect in less than a month, President-elect Donald Trump said Sunday that heβd like to keep the app around, according to Reuters. βWeβre going to have to start thinking because, you know, we did go on TikTok, and we had a great response with billions of views, [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI announced a new family of AI reasoning models on Friday, o3, which the startup claims to be more advanced than o1 or anything else itβs released. These improvements appear to have come from scaling test-time compute, something we wrote about last month, but OpenAI also says it used a new safety paradigm to train [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
Autonomous vehicle technology and electrification startups were once the darlings of the VC and corporate world. The two technologies promised billions of dollars in revenue β and a new pathway for automakers to make money beyond building and selling cars.Β Those VC-money-printing days have been over for AVs for a while now, with a few [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
Thereβs been a lot of reporting in recent months around Appleβs efforts to expand its footprint in customersβ homes with in-development products like a wall-mounted smart home hub. According to a new report in Bloomberg, that strategy could also include a smart doorbell. This doorbell would use Appleβs FaceID technology to scan peopleβs faces as [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
LLM models are already capable of diagnosing scientific outputs, but, until now, had βno physical agency to actually perform" experiments.
Β© 2024 TechCrunch. All rights reserved. For personal use only.
OpenAIβs efforts to develop its next major model, GPT-5, are running behind schedule, with results that donβt yet justify the enormous costs, according to a new report in The Wall Street Journal. This echoes an earlier report in The Information suggesting that OpenAI is looking to new strategies as GPT-5 might not represent as big [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
Welcome back to Week in Review. This week, weβre looking at OpenAIβs last β and biggest β announcement from its β12 Days of OpenAIβ event; Appleβs potential entrance into the foldable market; and why Databricks is choosing to wait to go public. Letβs get into it. P.S. Weβre off for the holidays! Week in Review [β¦]
Β© 2024 TechCrunch. All rights reserved. For personal use only.
