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Integrating with a payment API is something most — if not all — business-to-consumer platforms are forced to do at some point. It’s practically unavoidable if they wish to take credit card payments. The trouble is, for platforms dealing in bills and invoices, not just one-off charges, few payment APIs have all the features necessary […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

AI startups that aren’t OpenAI are plugging away this week, it’d seem — sticking to their product roadmaps even as coverage of the chaos at OpenAI dominates the airwaves. See: Stability AI, which this afternoon announced Stable Video Diffusion, an AI model that generates videos by animating existing images. Based on Stability’s existing Stable Diffusion text-to-image […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Kinterra Capital, a Canadian private equity firm, has closed its $565 million debut fund dedicated to securing critical mineral assets for battery development. The influx of private capital comes amid increasing government incentives into the sourcing and production of battery materials in North America. Kinterra’s oversubscribed round will target asset-level investments in North America, Western […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Have you ever puked and had diarrhea at the same time? I have, and when it happened, I was listening to a fan-made audiobook version of Harry Potter and the Methods of Rationality (HPMOR), a fan fiction written by Eliezer Yudkowsky. No, the dual-ended bodily horror was not incited by the fanfic, but the two […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Tiger Global Management is going through a major management change. Per a message from founder Chase Coleman sent this afternoon to the 22-year-old firm’s limited partners, Coleman is taking over both the outfit’s public company investing and private equity businesses, while the longtime head of the latter, Scott Shleifer, becomes a a senior advisor, a […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Decentralized social networking may be the future, but in the meantime, there are a lot of Twitter alternatives to keep up with. A new app called Yup aims to help by offering a single place to read feeds, follow friends across services, and cross-post to a range of social apps, including Twitter/X itself, as well […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

OpenAI's fate took a a twist nobody could have imagined last week, and all we can do is watch to see what the final outcome will be. © 2023 TechCrunch. All rights reserved. For personal use only.... →

Ex-OpenAI president Greg Brockman — who, as far as we’re aware, isn’t currently employed at OpenAI in any capacity — is posting updates about OpenAI products on X, including one today about ChatGPT’s voice narration feature being made available to all ChatGPT users. ChatGPT Voice rolled out for all free users. Give it a try […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Though no one knows precisely what happened, a common theory is that Altman’s for-profit efforts became at odds with the mission-driven nonprofit board. © 2023 TechCrunch. All rights reserved. For personal use only.... →

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

Все в ленте выкладывают фото, где они 10 лет назад в окружении хороших людей с флагами. Мне так не повезло. Ровно 10 лет назад (даже в это же время) я летел в салоне бизнес-класса вечернего рейса Киев-Одесса. Это была пятница, поэтому в этом же салоне летела группа одесских народных депутатов. Они приехали к самолету, как полагается, одними из последних, были веселы, произносили что-то вроде “Как их, а?” и производили впечатление людей, прямо сейчас сделавших что-то очень удачное и успешное. Я, к сожалению,... →

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our mid-week show, where we sit down with a key topic and dive deep into it. Unsurprisingly, we’re discussing the recent turmoil in the […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

There’s no doubt the STEM toys category has lost a bit of its magic. The hype that started about a decade ago, powering a wave of startups to launch creative and experimental products — pitching parents on dedicated connected hardware and apps to help unlock their kids’ future tech career progression — has faded to […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Welcome back to Found, where we get to the stories behind the startups. This week Becca and Dom are joined by Lisa Bubbers and Anna Harman, the co-founders of the ear piercing company Studs. The duo spoke to us about: What fundraising for a brick-and-mortar company was like. How they build a new market, tapping […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

In a dramatic turn of events late Friday, ex-Y Combinator president Sam Altman was fired as CEO of AI startup OpenAI, the company behind viral AI hits like ChatGPT, GPT-4 and DALL-E 3, by OpenAI’s board of directors. Then, the company’s longtime president and co-founder, Greg Brockman, resigned — as did three senior OpenAI researchers. […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

OpenAI’s board of directors is reportedly in talks with Sam Altman, ex-Y Combinator president and an OpenAI co-founder, to return to OpenAI as CEO as soon as this week. That’s according to Bloomberg, which in a brief this morning — citing sources close to the matter — said that discussions are happening between Quora CEO […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

With the OpenAI drama continuing to deliver exciting headlines on the company’s uncertain future, Thanksgiving week is anything but slow. © 2023 TechCrunch. All rights reserved. For personal use only.... →

Li Auto, a electric vehicle maker adored by young Chinese families, is stepping up its endeavors to build in-house automotive chips and has gone abroad to seek talent for the course. The eight-year-old company is currently hiring five positions in Singapore to develop silicon carbide (SiC) power modules, an electrical component that uses SiC semiconductors […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Luminar founder and CEO Austin Russell’s bid to buy Forbes Global Media Holdings has ended. Integrated Whale Media Investments, the Hong Kong-based parent company of Forbes, terminated the agreement with Russell after he failed to secure enough investors to close the deal. Bloomberg was the first to report the news, citing an internal memo by […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

eBay is unloading its remaining shares in the online classified business Adevinta to private equity firms Permira and Blackstone for $2.2 billion in cash and 20% equity, it said. Adevinta had originally acquired eBay’s own classified business back in 2020, leaving eBay with $2.2 billion in cash and 540 million Adevinta shares. While the new deal […] © 2023 TechCrunch. All rights reserved. For personal use only.... →