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Rivian may still be burning through cash, but its managed to narrow losses and generate more revenue as the automakers sells more of its EVs while paring costs. Rivian reported Tuesday $661 million in revenue in the first quarter, a nearly seven-fold increase from the same period last year when it was plagued by supply […] EV maker Rivian narrows losses in Q1, beats on revenue by Kirsten Korosec originally published on TechCrunch... →

Welcome back to Found, where we get the stories behind the startups. This week we welcome Dominic Madori-Davis to the show as the new cohost of Found! The team is also joined by Allison Luvera and Lauren De Niro Pipher, the two founders behind Juliet, a boxed wine startup. Luvera and De Niro Pipher talked […] Boxed wine can be bougie with Allison Luvera and Lauren De Niro Pipher from Juliet by Rebecca Szkutak originally published on TechCrunch... →

It’s time to make your voice — and your vote — count. Audience Choice voting is live, dear readers, and that means you get to choose the breakout sessions and roundtable discussions you want to see most at TechCrunch Disrupt 2023 on September 19–21 in San Francisco. Roundtable discussions and breakout sessions are some of […] Vote for the roundtables and breakouts you want at Disrupt by Lauren Simonds originally published on TechCrunch... →

Here is a recap of what happened in the search forums today...... →

Happy developer conference season to you and yours. Google’s return to an in-person I/O should be an exciting one. For the first time since the beginning of the pandemic, TechCrunch will be on-hand at the event, bringing you the news as it breaks. You can read our rundown of all of the leaks, rumors and […] How to watch the Google I/O 2023 keynote live by Brian Heater originally published on TechCrunch... →

Every startup isn’t ready to hire a full-time marketer, but that’s no excuse to toss money out the window on paid acquisition. TechCrunch+ roundup: Unicorn origins, red flags for investors, generative AI meets copyright law by Walter Thompson originally published on TechCrunch... →

It’s often said that large language models (LLMs) along the lines of OpenAI’s ChatGPT are a black box, and certainly, there’s some truth to that. Even for data scientists, it’s difficult to know why, always, a model responds in the way it does, like  inventing facts out of whole cloth. In an effort to peel […] OpenAI’s new tool attempts to explain language models’ behaviors by Kyle Wiggers originally published on TechCrunch... →

For Steven Goldfeder, CEO and co-founder of Offchain Labs, Arbitrum DAO's blunder is simply one of many early steps on the journey to decentralization. Arbitrum co-founder sees DAO’s resolution to voter drama as a “testament to decentralization” by Jacquelyn Melinek originally published on TechCrunch... →

Different demographics often have different banking needs. So it’s no surprise that we have seen a flurry of financial technology startups offering banking services catered to certain populations based on factors such as age and ethnicity. For example, numerous fintech startups cater to younger users – from Greenlight to Step to Current and now, Acorns. […] Charlie’s new banking app aims to help seniors ‘make the most of their limited resources’ by Mary Ann Azevedo originally published on TechCrunch... →

Amazon is launching a new immersive shopping experience called “Amazon Anywhere,” the company announced on Tuesday. The service brings Amazon’s online marketplace to video games and mobile apps, starting with Niantic’s new real-world augmented reality game Peridot. With Amazon Anywhere, the company will allow users on gaming, mobile and AR applications to discover and buy […] Amazon’s new service lets users buy physical items in games and apps by Aisha Malik originally published on TechCrunch... →

Identity management used to mean making sure you had your driver’s license when you left the house, but these days it’s not so easy: Identity fundamentally underpins how we engage with the digital world, and identity services can take on many forms (and, unfortunately, abuses). I’m excited to host a TechCrunch Live event with Persona […] Persona and Index Ventures talk identity, and identifying a good deal by Matt Burns originally published on TechCrunch... →

Given what's happening, it's hard to summon the courage to argue that we are close to seeing fintech valuations bottoming out or even rebound. We’re close to peak pessimism around fintech by Alex Wilhelm originally published on TechCrunch... →

Anthropic, a startup that hopes to raise $5 billion over the next four years to train powerful text-generating AI systems like OpenAI’s ChatGPT, today peeled back the curtains on its approach to creating those systems. Dubbed “constitutional AI,” Anthropic argues its technique, which aims to imbue systems with “values” defined by a “constitution,” makes the […] Anthropic thinks ‘constitutional AI’ is the best way to train models by Kyle Wiggers originally published on TechCrunch... →

Investing in artificial intelligence (AI) startups is the latest bandwagon VCs are piling onto. But as last year’s crypto experts quickly work to rebrand as AI experts, they’ll have to compete with the VCs who have been investing in the category all along. Seattle-based Ascend is one of them. Firm founder and solo GP Kirby […] Ascend raises $25 million for pre-seed AI startups in the Pacific Northwest by Rebecca Szkutak originally published on TechCrunch... →

Former FTX CEO and founder Sam Bankman-Fried has filed a pretrial motion to dismiss 10 out of 13 charges against him, according to court documents. Bankman-Fried is under house arrest at his parent’s house in Palo Alto, California, ahead of his expected trial in October for charges including wire fraud, conspiracy to commit money laundering, […] Former FTX CEO Sam Bankman-Fried seeks to dismiss most US charges against him by Jacquelyn Melinek originally published on TechCrunch... →

Last year we covered how late-stage tech backer Liquidity Group had raised $775M for its fintech platform from Apollo (private equity) and MUFG (a Japanese bank). Liquidity is part tech platform and part lender, using its technology to make decisions on deploying debt facilities and other financial solutions from $5M to 100M relatively quickly compared […] Liquidity Group, a debt financier for growth stages, raises another $40M and aims for Europe by Mike Butcher originally published on TechCrunch... →

Eventbrite, an event management and ticketing website, announced Monday new GPT-powered tools that will help event creators with arguably some of the most tedious, time-consuming steps in event planning—event pages, email campaigns and social media ads. The features will roll out this month. Now, users can create an event page on Eventbrite with automatically generated […] Eventbrite integrates GPT capabilites into platform to aid the event planning process by Lauren Forristal originally published on TechCr... →

Android-аналог Apple AirDrop для Windows теперь доступен по всему миру... →

U.S. authorities have seized 13 more domains linked to some of the world’s most popular DDoS-for-hire websites. These websites, also described as “booter” or “stressor” services, are marketed as legitimate security testing tools that allow admins to stress-test websites. In reality, the services are used for launching denial-of-service (DDoS) attacks designed to overwhelm websites and […] US authorities seize more domains linked to prolific DDoS-for-hire websites by Carly Page originally published on TechCr... →

Meta is testing a new payout model for its Ads on Reels monetization program that pays creators based on the performance of their public Reels, not the earnings of ads on their Reels, the company announced on Tuesday. The tech giant also announced that it’s expanding the Ads on Reels monetization program on Facebook to […] Meta reworks its Ads on Reels monetization program with a new performance-based payout model by Aisha Malik originally published on TechCrunch... →