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Today β€” 20 May 2025TechCrunch News

OpenAI’s Codex is part of a new cohort of agentic coding tools

20 May 2025 at 05:30
Last Friday, OpenAI introduced a new coding system called Codex, designed to perform complex programming tasks from natural language commands. Codex moves OpenAI into a new cohort of agentic coding tools that is just beginning to take shape. From GitHub’s early Copilot to contemporary tools like Cursor and Windsurf, most AI coding assistants operate as […]

Gravitee, a platform that helps companies manage APIs, raises $60M

20 May 2025 at 05:00
Gravitee, a platform designed to help companies manage their APIs and other digital traffic pipelines, has raised $60 million in a Series C funding round led by Sixth Street Growth with participation from Riverside Acceleration Capital and Albion VC. The new capital, which brings Gravitee’s total raised to just over $125 million, will be used […]

In a good sign for consumer internet startups, Creator Ventures raises $45M

20 May 2025 at 05:00
β€œI’ve got a pretty wild story to tell you,” the early YouTube star Caspar Lee says in a TikTok. He goes on to tell the story of how a startup founder slid into his LinkedIn DMs with a pitch about an eco-friendly deodorant called Wild. He ignored the message at first, but his cousin Sasha […]

Monzo’s pivot from cool to corporate: β€˜freshness is not about gimmicks’

19 May 2025 at 23:47
Monzo, Britain’s biggest digital bank, is still synonymous with its neon debit cards, extensive use of emojis, and free spending abroad. But it’s no longer just trying to be cool; it’s trying to become a major financial institution. That shift, from an upstart fintech beloved by millennials into a mature, sustainable business, is what makes […]
Yesterday β€” 19 May 2025TechCrunch News

Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt

19 May 2025 at 21:05
Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. Development Partners International’s Nclude Fund led the round. The company, which operates in Egypt’s fast-growing but under-digitized vehicle market, said the latest round includes both fresh equity and previously unannounced seed financing. Sylndr […]

Klarna’s revenue per employee soars to nearly $1M thanks to AI efficiency push

19 May 2025 at 17:36
Last year, Klarna announced a significant initiative to leverage its internally developed AI systems, powered by OpenAI, across its operations. This wasn’t empty talk for the buy now, pay later giant. The company not only ended its pricey contract with Salesforce CRM, but also curtailed its hiring efforts, allowing AI to do some of the […]

Judge pressures Apple to approve Fortnite or return to court

19 May 2025 at 14:16
A federal judge is asking Apple to approve Fortnite’s submission on the U.S. App Store or return to court to explain the legal basis as to why it has not done so. In a new filing, U.S. District Judge Yvonne Gonzalez Rogers confirms the court has received Epic Games’ latest motion, where it demands that […]

Apple approves Spotify update so US users can buy audiobooks within the app

19 May 2025 at 14:09
Spotify announced on Monday that Apple has approved a new app update, allowing iPhone users in the U.S. to purchase individual audiobooks directly within the app. Users can also view audiobook prices and easily buy additional listening hours beyond the initial 15 hours. β€œThis change lowers the barriers for more users to embrace their first […]

Headline Asia closes $145M fund to fuel investments in Asia-Pacific

By: Kate Park
19 May 2025 at 14:00
With the current economic uncertainties and geopolitical challenges, securing funding for startups in Asia has recently become more difficult. Venture capital firms have also been impacted by the downturn, leading to a decrease in the number of funds being closed. The VC market is β€œgoing through [one of its] cyclical winters marked by high interest […]

AMD strikes a deal to sell ZT Systems’ server-manufacturing business for $3B

19 May 2025 at 10:31
Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business. AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash and stock: $2.25 billion in cash; a $300 million premium, including 50% cash […]

Google launches stand-alone NotebookLM apps for Android and iOS

19 May 2025 at 13:51
Google announced on Monday that it has officially released the NotebookLM apps for Android and iOS, a day before Google I/O 2025 and a day before the company said it would roll out. Since itsΒ launch in 2023, the AI-based note-taking and research assistant has only been accessible via desktop. Google has now made the service […]

Trump signs bill criminalizing revenge porn and explicit deepfakes

19 May 2025 at 12:47
President Donald Trump is expected to sign the Take It Down Act today, a bipartisan law that enacts stricter penalties for distributing non-consensual explicit images, including deepfakes and revenge porn.Β 

AI dev tools for Windows get a fresh coat of paint

19 May 2025 at 09:00
Microsoft wants to make it easier for developers to build AI-powered apps on Windows devices. On Monday during its Build 2025 conference, Microsoft announced Windows AI Foundry, a rebranding and expansion of theΒ Windows Copilot Runtime service the company launched last May. Microsoft describes Windows AI Foundry as a β€œunified platform for local AI development” β€” […]

Microsoft wants to tap AI to accelerate scientific discovery

19 May 2025 at 09:00
Can AI speed up aspects of the scientific process? Microsoft appears to think so. At the company’s Build 2025 conference on Monday, Microsoft announced Microsoft Discovery, a platform that taps agentic AI to β€œtransform the [scientific] discovery process,” according to a press release provided to TechCrunch. Microsoft Discovery is β€œextensible,” Microsoft says, and can handle […]

It’ll soon be free to publish apps to the Microsoft Store

19 May 2025 at 09:00
Microsoft is getting rid of developer onboarding fees for the Microsoft Store on Windows, the digital distribution platform for its flagship operating system, the company announced Monday during its Build 2025 conference. Starting June 2025, individual developers will be able to sign up and publish apps to the Microsoft Store without having to pay to […]
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