Pakistan’s PostEx to enter new markets, starting with Saudi Arabia

Pakistani startup PostEx is entering Saudi Arabia as first global market after hitting $21 million ARR in the South Asian nation.

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Pakistani startup PostEx is entering Saudi Arabia as first global market after hitting $21 million ARR in the South Asian nation.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

What margins? AI’s business model is changing fast, says Cohere founder

OpenAI and Anthropic spend billions of dollars a year training models like GPT-4 and Claude, but competitive price dumping is making the business around these platforms rather precarious. Aidan Gomez, CEO of competing AI provider Cohere, says that selling access to models is quickly becoming a “zero margin business” in a podcast appearance on Monday. […]

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OpenAI and Anthropic spend billions of dollars a year training models like GPT-4 and Claude, but competitive price dumping is making the business around these platforms rather precarious. Aidan Gomez, CEO of competing AI provider Cohere, says that selling access to models is quickly becoming a “zero margin business” in a podcast appearance on Monday.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

The increase in high-rise and densely populated urban development has heightened the demand for safety and resilience solutions against emergencies, such as fires. The Hong Kong Polytechnic University (PolyU) has created advanced technological solutions to enhance firefighting and urban resilience.The increase in high-rise and densely populated urban development has heightened the demand for safety and resilience solutions against emergencies, such as fires. The Hong Kong Polytechnic University (PolyU) has created advanced technological solutions to enhance firefighting and urban resilience.Engineering[#item_full_content]

Swarmbotics founders grew ‘obsessed with robot swarms’ and now plan to bring them to the battlefield

Few truly autonomous systems are deployed on the battlefield, but one startup is looking to change that with robotic systems that use cooperative behavior to boost troops’ intelligence and tactical advantage. Those systems are called “swarms,” and they’re basically collections of autonomous robots that can coordinate their actions.  Swarm robotics have been the stuff of […]

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Few truly autonomous systems are deployed on the battlefield, but one startup is looking to change that with robotic systems that use cooperative behavior to boost troops’ intelligence and tactical advantage. Those systems are called “swarms,” and they’re basically collections of autonomous robots that can coordinate their actions.  Swarm robotics have been the stuff of
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Less than two years ago, the launch of ChatGPT started a generative AI frenzy. Some said the technology would trigger a fourth industrial revolution, completely reshaping the world as we know it.Less than two years ago, the launch of ChatGPT started a generative AI frenzy. Some said the technology would trigger a fourth industrial revolution, completely reshaping the world as we know it.Business[#item_full_content]

5 days left to secure ticket savings for TechCrunch Disrupt 2024

The clock is ticking! You’ve got just 5 days left to lock in discounted tickets for TechCrunch Disrupt 2024. Save up to $600 on individual ticket types. This limited-time offer ends on August 23 at 11:59 p.m. PT— after that, prices go up. Disrupt 2024 is your gateway to connecting with over 10,000 driven startup leaders, […]

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

The clock is ticking! You’ve got just 5 days left to lock in discounted tickets for TechCrunch Disrupt 2024. Save up to $600 on individual ticket types. This limited-time offer ends on August 23 at 11:59 p.m. PT— after that, prices go up. Disrupt 2024 is your gateway to connecting with over 10,000 driven startup leaders,
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

ElevenLabs’ text-to-speech app Reader is now available globally

ElevenLabs, which develops AI-powered tools to create and edit synthetic voices, is making its Reader app available globally with support for 32 languages.

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

ElevenLabs, which develops AI-powered tools to create and edit synthetic voices, is making its Reader app available globally with support for 32 languages.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Selling a startup in an ‘acqui-hire’ is more lucrative than it seems, founders and VCs say

Selling under such circumstances is often not as poor of an outcome for founders and key staff as it initially seems. 

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Selling under such circumstances is often not as poor of an outcome for founders and key staff as it initially seems. 
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

These fintech companies are hiring, despite a rough market in 2024

While the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams.

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While the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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