Articles from techcrunch.com

Articles from techcrunch.com

AI companies' ads for AI tools show most don't really know what AI is good for, and the ways people use AI are discomfiting, automating tasks that make us human (techcrunch.com)
2024-12-4 AI

Online secondhand fashion marketplace ThredUP, whose market cap dropped from $1.3B at its 2021 IPO to just $60M in November 2024, divests its European business (techcrunch.com)
2024-12-4 Europe IPO

Meta says AI content made up less than 1% of election-related misinformation on its apps during major elections in the US, the UK, India, Indonesia, and others (techcrunch.com)
2024-12-4 India AI Indonesia

Salesforce says online Cyber Monday sales grew 3% YoY to $49.7B globally and just 2% YoY to $12.8B in the US; Adobe says US online sales grew 7.3% YoY to $13.3B (techcrunch.com)
2024-12-4 Adobe Salesforce

AWS introduces Amazon Aurora DSQL, a new serverless, distributed SQL database that promises high availability, strong consistency, and PostgreSQL compatibility (techcrunch.com)
2024-12-4 Database Amazon

Trade business software provider ServiceTitan offers an IPO share price range at $52-$57 and plans to buy back the shares of its non-convertible preferred stock (techcrunch.com)
2024-12-4 IPO

AWS announces Nova models for Bedrock, including Micro, Lite, Pro, and Premier text generating models, and Canvas and Reel models for image and video generation (techcrunch.com)
2024-12-4

Amazon says third-party services like Zoom will soon be able to integrate Amazon Q Business into their services, and Q Developer gets a wide range of updates (techcrunch.com)
2024-12-4 Amazon

AWS launches Automated Reasoning checks to combat AI hallucinations, and Model Distillation, a tool to transfer the capabilities of a large model to a small one (techcrunch.com)
2024-12-4 AI

Cameo launches CameoX, allowing creators to self-enroll and expanding beyond A-list celebrities, after piloting the app since May 2023 and adding 31K creators (techcrunch.com)
2024-12-4

AWS announces general availability of Trainium2 chips, and EC2 Trn2 UltraServers, which feature 64 Trainium2 chips; Trainium3 is slated for 2025 (techcrunch.com)
2024-12-4

Yurts, which has contracts to develop generative AI for the US Army, Air Force, and others, raised a $40M Series B led by XYZ, taking its total raised to $58.4M (techcrunch.com)
2024-12-4 AI

Early tests show Perplexity's AI shopping agent, which lets users make purchases within its app, sometimes takes hours to process purchases or runs into issues (techcrunch.com)
2024-12-3 AI

Hong Kong and Singapore-based KPay, which offers financial management tools to merchants and SMBs, raised a $55M Series A led by Apis Partners (techcrunch.com)
2024-12-3 Hong Kong Singapore

ChatGPT refuses to say some names, possibly due to digital privacy requests or a post-prompt handling fault; OpenAI may have fixed the viral “David Mayer” issue (techcrunch.com)
2024-12-3

AWS details updates to its data centers, including liquid cooling for AI servers, more simplified electrical and mechanical designs for server racks, and more (techcrunch.com)
2024-12-3 AI

World Labs, founded by Fei-Fei Li, gives an “early preview” of its first project, an AI system that generates game-like, 3D scenes from a single image (techcrunch.com)
2024-12-3 AI

Intel says CEO Pat Gelsinger has retired, effective December 1, and stepped down from its board; David Zinsner and Michelle Johnston Holthaus are now co-CEOs (techcrunch.com)
2024-12-3 Intel

New York-based Upwind, which sells tools to secure cloud infrastructure, raised a $100M Series A led by Craft Venture at a $900M post-money valuation (techcrunch.com)
2024-12-3 New York

Bengaluru-based Swiggy expands 10-minute food delivery service Bolt to 400+ Indian cities and towns, and says it has partnered with 40K+ restaurants, like KFC (techcrunch.com)
2024-12-2 India KFC

AWS launches Data Transfer Terminal to let customers upload data to AWS Cloud by plugging in storage devices from a set of physical locations (techcrunch.com)
2024-12-2

AWS announces AWS Security Incident Response to help customers prepare for, respond to, and recover from various cyber incidents, including ransomware attacks (techcrunch.com)
2024-12-2

Elon Musk files for an injunction to halt OpenAI's transition to a for-profit, alleges that OpenAI is discouraging investors from backing rivals like xAI, more (techcrunch.com)
2024-12-1 Elon Musk

Salesforce says online Black Friday sales hit $74.4B globally, up 5% YoY, and $17.5B in the US, up 7% YoY; Adobe says US online sales hit $10.8B, up 10.2% YoY (techcrunch.com)
2024-12-1 Adobe Salesforce Black Friday

Salesforce says global online Thanksgiving day sales hit $33.6B, up 6% YoY, and $8.1B in the US, up 8% YoY; Adobe says US online sales hit $6.1B, up ~9% YoY (techcrunch.com)
2024-11-30 Adobe Salesforce

Sources: Meta plans to build a 40K+ km-long fiber optic subsea cable extending around the world, a project that could cost more than $10B (techcrunch.com)
2024-11-29

Filing: Zomato has raised $1B by issuing approximately 336.5M shares at about $3 each, its first major fundraise since its 2021 IPO (techcrunch.com)
2024-11-29 IPO

The EU ends its long-running probe into whether Amazon received illegal tax benefits worth €250M from Luxembourg, where Amazon's EU HQ is, after court losses (techcrunch.com)
2024-11-29 Amazon Tax

Alibaba releases QwQ-32B-Preview under an Apache 2.0 license and claims the “reasoning” AI model beats OpenAI's o1 models on the AIME and MATH tests (techcrunch.com)
2024-11-28 Alibaba AI Mathematics

Ofcom: adults in the UK are now spending an average of 4 hours and 20 minutes daily online across devices, a jump from 3 hours and 41 minutes in 2023 (techcrunch.com)
2024-11-28

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