Reading view

There are new articles available, click to refresh the page.

Sam Altman has choice words for the OpenAI board members who fired him

OpenAI CEO Sam Altman has strong words for the former board members who abruptly fired him late last November. “[A]ll those people that I feel, like, really f—ed me and f—ed the company were gone, and now I had to clean up their mess,” he told Bloomberg in a wide-ranging interview. Just over a year […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Chinese government hackers reportedly targeted US Treasury’s sanctions office during December cyberattack

Chinese government hackers targeted the U.S. Treasury’s highly sensitive sanctions office during a December cyberattack, according to reports. According to The Washington Post, the state-sponsored hackers targeted the Office of Foreign Assets Control (OFAC), a government department that imposes economic and trade sanctions against countries and individuals, to potentially access information on Chinese organizations that […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Gupshup investor cuts value of its stake again, implying new valuation of $486M

Asset management firm Fidelity slashed the estimated worth of its stake in business messaging platform Gupshup by another 7.7% last month, lowering the value of its holding in the SaaS startup by a total of more than 65% since its investment in mid-2021. One of the funds operated by the U.S. asset manager valued its […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Nvidia completes acquisition of AI infrastructure startup Run:ai

Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said its software, which currently only works with Nvidia products, will be open sourced, meaning Nvidia rivals like AMD and Intel will be able to adapt it for their hardware. “We […]

© 2024 TechCrunch. All rights reserved. For personal use only.

UK antitrust watchdog launches review of IBM’s HashiCorp takeover

The Competition and Markets Authority (CMA), the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Mercedes-backed Volocopter files for bankruptcy

German electric air taxi company Volocopter has filed for bankruptcy protection, the latest in a string of similar startups to hit financial turbulence. The company plans to keep operating while it searches for new investors. “We are ahead of our industry peers in our technological, flight test, and certification progress. That makes us an attractive […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Nvidia’s next move: Powering humanoid robots

The chipmaking giant Nvidia is leaning more heavily into robotics in 2025. More specifically, in the first half of the new year, confirms the Financial Times, Nvidia is launching a new generation of compact computers for humanoid robots called Jetson Thor. The move, which was expected, is part of an evolving, years-long strategy. Nvidia doesn’t […]

© 2024 TechCrunch. All rights reserved. For personal use only.

AI data centers could be ‘distorting’ the US power grid

The proliferation of data centers aiming to meet the computational needs of AI could be bad news for the U.S. power grid, according to a new report in Bloomberg. Using the 1 million residential sensors tracked by Whisker Labs, along with market intelligence data from DC Byte, Bloomberg found that more than half of the […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Crypto industry groups sue IRS over broker reporting rule

Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are suing the Internal Revenue Service to block new regulations that require decentralized finance (DeFi) entities to report customer information. The IRS has been finalizing crypto tax regulations as part of the Biden administration’s Infrastructure Investment and […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Google CEO says AI model Gemini will be the company’s ‘biggest focus’ in 2025

Google CEO Sundar Pichai reportedly told Google employees that 2025 will be a “critical” year for the company. CNBC reports that it obtained audio from a December 18 strategy meeting where Pichai and other executives put on ugly holiday sweaters and laid out their priorities for the coming year. “I think 2025 will be critical,” […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Terraform Labs co-founder Do Kwon will face fraud charges in the US

Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Want a cheap EV? Hertz is handing out discounts to renters

Hertz has been contacting people who are in the middle of renting electric vehicles recently to offer them the option to buy the car instead of returning it, reports The Verge. And the offers are pretty sweet, according to some renters who shared the offers on Reddit.  One renter was reportedly offered a 2023 Chevy […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Microsoft and OpenAI have a financial definition of AGI: Report

Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup’s profits, according to a new report from The Information. And by this definition, OpenAI is many years away from reaching it. The two companies reportedly signed an agreement last year stating OpenAI has only achieved AGI when […]

© 2024 TechCrunch. All rights reserved. For personal use only.

OpenAI ‘considered’ building a humanoid robot: Report

OpenAI has recently explored building its own humanoid robot, according to The Information. The report cites “two people with direct knowledge” of those conversations. The ChatGPT maker has been involved in the space for some time now, by way of financial backing. It has thus far invested in Figure and 1X, along with the “general […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Watch Boston Dynamics’ electric Atlas do a backflip

A little early holiday surprise from Boston Dynamics this week, as Santa suit-wearing electric Atlas performs a backflip. The feat occurs about 13 minutes into a new video, showcasing yet another trick in the humanoid robot’s arsenal. It’s worth noting that — unlike with humans — a robot performing a backflip isn’t necessarily more complicated […]

© 2024 TechCrunch. All rights reserved. For personal use only.

❌