Shield AI is now one of the U.S.'s biggest defense tech startups by valuation, raising
$240 million at a $5.3 billion valuation in its latest round.
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An international coalition of law enforcement agencies seized the official website of Garantex, which has previously been sanctioned by the U.S. and E.U. governments.
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Nearly 6,500 artists demanded in an open letter that fine art auction house Christie’s cancel its first show dedicated solely to works created with AI. Yet, the show, Augmented Intelligence, went on — and reportedly exceeded expectations. According to Christie’s, the show brought in more than $700,000, with many lots reaching beyond their high estimates. […]
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The new version for macOS can edit code in supported developer tools, including Xcode, VS Code, and JetBrains.
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Spotify has acknowledged an issue that’s causing some of its paid Premium subscribers to encounter ads when trying to play music. In an X post published on Thursday by Spotify’s customer service account, the company said it’s looking into the problem and linked to its Community website where the issue has been documented by users […]
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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! TechCrunch’s transportation team — well at least myself and senior reporter Rebecca Bellan — are hittin’ the road. Destination: SXSW, the annual tech, music, film, and culture […]
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ONE also announced the close of a new funding round.
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A high-profile ex-OpenAI policy researcher, Miles Brundage, took to social media on Wednesday to criticize OpenAI for “rewriting the history” of its deployment approach to potentially risky AI systems. Earlier this week, OpenAI published a document outlining its current philosophy on AI safety and alignment, the process of designing AI systems that behave in desirable […]
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On Thursday French large language model (LLM) developer Mistral launched a new API for developers who handle complex PDF documents. Mistral OCR is an optical character recognition (OCR) API that can turn any PDF into a text file to make it easier for AI models to ingest. LLMs, which underpin popular GenAI tools like OpenAI’s […]
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Intangible, now backed by $4 million in seed funding, offers an AI-powered creative tool that allows users to create 3D world concepts with text prompts to aid creative professionals across a variety of industries. The company’s mission is to make the creative process accessible to everyone, including professionals such as filmmakers, game designers, event planners, […]
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Getting ghosted is never fun. Especially if you’re a founder seeking capital from investors. It’s similar to dating. You might be left wondering “Why is this person not getting back to me? Did I do something wrong?” Did the investor hate the product? Did they not care for me personally?” It’s enough to drive anyone […]
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Private search engine DuckDuckGo is leaning further into the generative AI opportunity. The non-tracking search engine has been dabbling with expanding the role of AI assistance in its product for the past year, including launching a chatbot-style interface last fall — available at Duck.ai. In a blog post Thursday, the company said the service is […]
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More consolidation is playing out in the security industry as platform players scoop up technology to give them deeper expertise in growing business areas. On Thursday, Armis, a $4.2 billion specialist in cyber-exposure management, said it would be acquiring Otorio, a specialist in securing industrial and physical environments. Terms of the deal are not being […]
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Uber executive Sachin Kansal has a reputation for dogfooding — the tactic of using one’s own products and services to root out problems and make improvements. As he ascended Uber’s executive ladder over the past eight years, Kansal ratcheted up 700 trips delivering food or people to their destinations. Lengthy reports, often dozens of pages […]
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Faireez, which aims to bring “5-star hotel-style housekeeping” to multifamily buildings, is emerging from stealth with $7.5 million in seed funding, the startup told TechCrunch exclusively. Founded in 2023, New York-based Faireez’s goal is to make the cleaning services it offers as customized as possible. It offers a subscription model where each building is assigned […]
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Reddit announced on Thursday it’s introducing a set of new tools to make it easier for users to participate on its platform. The features are designed to help users find communities, ensure their posts don’t break any rules, and understand how to contribute across the social network. Combined, the features are meant to enhance the […]
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There seems to be a new, more impressive AI model every week. Given the rapid pace, how can founders best position themselves to build on top of this technology? At TechCrunch Sessions: AI, on June 5 in Zellerbach Hall at UC Berkeley, we’ll host a panel on “How Founders Can Build on Existing Foundational Models” […]
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A day after quietly removing Biden-era AI policy commitments from its website, Anthropic submitted recommendations to the White House for a national AI policy that the company says “better prepare[s] America to capture the economic benefits” of AI. The company’s suggestions include preserving the AI Safety Institute established under the Biden administration, directing NIST to […]
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As AI companies race to improve the accuracy of large language models (LLMs) and apps built on top of them, a startup that has emerged as a key partner in that effort is announcing a significant round of funding. Turing, which works with armies of engineers to contribute code to AI projects — including assisting […]
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Late last March, OpenAI announced a “small-scale preview” of an AI service, Voice Engine, that the company claimed could clone a person’s voice with just 15 seconds of speech. Roughly a year later, the tool remains in preview, and OpenAI has given no indication as to when it might launch — or whether it’ll launch […]
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