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17:00 26.11.2024

Inflection CEO says it’s done trying to make next generation AI models

Just last year, Inflection AI was as hot as a startup could be, releasing best-in-class AI models it claimed could outperform technology from OpenAI, Meta, and Google. That’s a stark contrast compared to today, as Inflection’s new CEO tells TechCrunch that his startup is simply no longer trying to compete on that front. Between then […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

425 techcrunch.com

13:08 26.11.2024

AI helps India’s Meesho cut customer call costs by 75%

Softbank-backed Meesho has rolled out what it claims to be India’s first generative AI-powered voice bot among e-commerce firms for customer support, paring down some expenses by 75%. The Bengaluru-based e-commerce startup, which serves 160 million customers in India, said Tuesday its AI bot currently handles 60,000 customer calls daily in English and Hindi. The […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

350 techcrunch.com

11:00 26.11.2024

Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly

Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. This is where Cambridge University spin-out Molyon hopes to come in: the U.K. startup is developing next-gen […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

361 techcrunch.com

10:00 26.11.2024

Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy

Volta, a new startup with a team split between two headquarters in Milan and Paris, has secured a €6 million pre-seed round ($6.3 million) to develop a new vertical software-as-a-service platform focused on B2B sales. In more practical terms, the Volta team pitches its product as an equivalent to Shopify but focused on B2B transactions. […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

456 techcrunch.com

23:17 25.11.2024

Sill’s new app rounds up the best links from your Bluesky and Mastodon network

Want to keep up with what everyone’s talking about on alternative social media sites like Bluesky and Mastodon, but don’t have time to constantly scroll through their respective apps? A newly launched link aggregation service called Sill may be able to help. The service is similar to the older startup Nuzzel, which was ultimately acquired […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

454 techcrunch.com

18:11 25.11.2024

Appcharge raises $26M to help gaming apps cut out Apple and Google from virtual goods revenues

As Apple and Google continue to battle with regulators and publishers over whether their app stores are monopolistic, a startup called Appcharge has raised some funding to build an alternative for gaming developers who want to monetise a different way. No, it’s not an ad network. And no, they are not building an alternative app […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

640 techcrunch.com

16:00 24.11.2024

The curious case of Nebius, the publicly traded AI infrastructure ‘startup’

On October 21, a new ticker opened to Nasdaq traders: NBIS, a truncation of Nebius, a fledgling player in the AI cloud infrastructure space. Casual observers could be forgiven for wondering where this company had come from, as there had been little in the way of the usual fanfare that surrounds most startups’ journey to […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

574 techcrunch.com

05:56 24.11.2024

How a digital “you” can sit through your agonizing web conference calls

Now you can appear to be on a Zoom call in your office, even when you’re sipping a margarita in a hammock far, far away. Courtesy of a months-old startup called Pickle, its pitch is simple: just submit a five-minute-long training video of yourself to create an avatar, and within 24 hours, you’re ready to […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

778 techcrunch.com

17:00 23.11.2024

Trump’s tariff threats don’t scare this Mexican fintech

Mexico’s economic development — turbocharged by the amount of nearshoring in recent years — has made it fertile ground for startups. But the trend is under threat if President-elect Donald Trump follows through with his idea of taking a harder line on trade with Mexico. Jaime Tabachnik, co-founder and CEO of Mexican trucking finance startup […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

869 techcrunch.com

21:54 22.11.2024

AI chip startup MatX, founded by Google alums, raises Series A at $300M+ valuation, sources say

MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say, less than a year after raising its $25 million seed round. Spark Capital led the investment, valuing the company at a pre-money valuation in the mid-$200 million range and a post-money valuation of […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

810 techcrunch.com

00:07 22.11.2024

Zepto raises another $350 million amid retail upheaval in India

Zepto has secured $350 million in new funding, its third round of financing in six months, as the Indian quick-commerce startup strengthens its position against its competitors ahead of a planned IPO next year. Indian family offices, wealthy individuals and asset manager Motilal Oswal invested in the round, which maintains Zepto’s $5 billion valuation. Motilal […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

645 techcrunch.com

21:08 21.11.2024

SpaceX signs second commercial deal for Starship lunar lander with Lunar Outpost

As SpaceX’s Starship test program continues to gain momentum, the company signed its second commercial deal to deliver a payload to the moon using a lunar lander variant of the massive vehicle. Starship will deposit Lunar Outpost’s rugged rover, called Eagle, to the lunar surface by 2029, the Colorado-based startup said. Lunar Outpost CEO Justin […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

564 techcrunch.com

20:29 21.11.2024

Teleo wants to help the robotics industry reach its ‘ChatGPT moment’

Teleo describes itself as a construction robotics startup, but its mission is bigger than automating heavy equipment like excavators and tractors. Today, Teleo’s retrofitted machinery allows its customers to operate their existing fleets semi-autonomously. In the future, the startup sees the data it collects as a key enabler for the robotics industry to reach its […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

534 techcrunch.com

19:41 21.11.2024

Crusoe, a rumored OpenAI data center supplier, has secured $686M in new funds, filing shows

Crusoe Energy, a startup building data centers reportedly to be leased Oracle, Microsoft, and OpenAI, is in the process of raising $818 million, according to an SEC filing. The filing indicates that Crusoe has secured $686 million of the $818 million total that it hopes to raise. Seventy investors have contributed to the tranche so […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

710 techcrunch.com

17:01 21.11.2024

Candela brings its P-12 electric ferry to Tahoe and adds another $14M to build more

Electric passenger boat startup Candela has topped off its most recent raise with another $14 million, the company announced Thursday, and has sold the first of its ferries in the U.S. — bound for Lake Tahoe. Candela makes a series of all-electric hydrofoiling watercraft, meaning the body of the boat rises above the surface of […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

455 techcrunch.com

06:01 21.11.2024

India’s Arzooo, once valued at $310M, sells in distressed deal

Arzooo, an Indian startup founded by former Flipkart executives that sought to bring “best of e-commerce” to physical stores, has sold its assets in distressed sale to Moksha Group. The deal follows Arzooo engaging with several startups, including Bengaluru-headquartered Udaan, for potential merger opportunities, according to people familiar with the matter. The startup had raised […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

410 techcrunch.com

00:31 21.11.2024

Fusion startup Tokamak Energy attracts $125M for its egg-like reactor design

490 techcrunch.com

21:59 20.11.2024

May Mobility to test driverless shuttles in Ann Arbor

May Mobility is slowly advancing its driverless capabilities. The startup this week launched a small-scale deployment of autonomous shuttles, which will drive themselves along a fixed route without a human safety driver present. May will initially deploy one to two autonomous Toyota Sienna minivans to ferry employees and “invited guests” across a 2-square-mile area of […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

485 techcrunch.com

20:53 20.11.2024

H, the AI startup that raised $220M, launches its first product: Runner H for ‘agentic’ applications

H, the Paris startup founded by Google alums, made a big splash last summer when, out of the blue, it announced a seed round of $220 million, before releasing a single product. Three months later, still without a product, that splash started to look like a catastrophic flood when three of the company’s five co-founders […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

553 techcrunch.com

19:36 20.11.2024

Federal prosecutors have charged another Forbes 30 Under 30 alum with fraud

The FBI unsealed an indictment yesterday that alleges Joanna Smith-Griffin, founder of the AI startup AllHere Education, engaged in “securities fraud, wire fraud, and aggravated identity theft in connection with defrauding investors” out of nearly $10 million. The FBI claims she misrepresented her company’s revenue, customer base, and cash to investors from at least November […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

504 techcrunch.com

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