Flexport accuses former employees of stealing its source code to create a rival startup

Flexport accuses Freightmate of being the product of “theft, not ingenuity” in its lawsuit against the startup.

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

Flexport accuses Freightmate of being the product of “theft, not ingenuity” in its lawsuit against the startup.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

YC-backed ReactWise is applying AI to speed up drug manufacturing

Artificial intelligence continues stirring things up in chemistry. To wit: YC-backed Cambridge, U.K.-based ReactWise is using AI to speed up chemical manufacture — a key step in bringing new drugs to market. Once a promising drug has been identified in the lab, pharma firms need to be able to produce much larger amounts of the […]

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

Artificial intelligence continues stirring things up in chemistry. To wit: YC-backed Cambridge, U.K.-based ReactWise is using AI to speed up chemical manufacture — a key step in bringing new drugs to market. Once a promising drug has been identified in the lab, pharma firms need to be able to produce much larger amounts of the
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Vote for the session you want to see at TechCrunch Sessions: AI 

We’ve been blown away by the overwhelming response to speak at TechCrunch Sessions: AI on June 5 in Zellerbach Hall at UC Berkeley. After thorough consideration, we’ve selected six standout finalists. The power to choose who will take the stage and share their AI expertise with 1,200 AI leaders and enthusiasts is now in your […]

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

We’ve been blown away by the overwhelming response to speak at TechCrunch Sessions: AI on June 5 in Zellerbach Hall at UC Berkeley. After thorough consideration, we’ve selected six standout finalists. The power to choose who will take the stage and share their AI expertise with 1,200 AI leaders and enthusiasts is now in your
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Bench is charging people for services they already paid for, some customers say

Bench customers say they’re being required to pay for services they already paid for. Bench’s new owners deny it.

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

Bench customers say they’re being required to pay for services they already paid for. Bench’s new owners deny it.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Profitable Klarna files for a potentially blockbuster IPO

Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 public. Here are the top take-aways.

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

Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 public. Here are the top take-aways.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

China is reportedly keeping DeepSeek under close watch

China appears to think homegrown AI startup DeepSeek could become a notable tech success story for the country.  After DeepSeek’s sudden rise to fame in January with the release of its open “reasoning” model, R1, the company is now operating under new, tighter government-influenced restrictions, according to The Information. Some of the company’s employees have […]

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

China appears to think homegrown AI startup DeepSeek could become a notable tech success story for the country.  After DeepSeek’s sudden rise to fame in January with the release of its open “reasoning” model, R1, the company is now operating under new, tighter government-influenced restrictions, according to The Information. Some of the company’s employees have
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Startups Weekly: Founders may be raising less, but deals haven’t been lacking

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week showed more optimism among startups than in other corners of the world, with entrepreneurs feeling confident enough to acquire other companies, raise fresh funding, and […]

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

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week showed more optimism among startups than in other corners of the world, with entrepreneurs feeling confident enough to acquire other companies, raise fresh funding, and
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

OpenAI and Microsoft’s ‘frenemies relationship,’ and what you missed at SXSW

This week, OpenAI inked a five-year, $11.9 billion deal with CoreWeave, the GPU-heavy cloud provider, securing its own AI computing pipeline—and a $350 million equity stake in the company. With CoreWeave’s pending IPO and deep ties to Microsoft, OpenAI’s deal marks a significant shift in the AI cloud wars. Today, on TechCrunch’s Equity podcast, hosts […]

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

This week, OpenAI inked a five-year, $11.9 billion deal with CoreWeave, the GPU-heavy cloud provider, securing its own AI computing pipeline—and a $350 million equity stake in the company. With CoreWeave’s pending IPO and deep ties to Microsoft, OpenAI’s deal marks a significant shift in the AI cloud wars. Today, on TechCrunch’s Equity podcast, hosts
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Kerry Washington invests in wedding marketplace Cheersy

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy.  Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Elizabeth Cutler, co-founder of Soul Cycle […]

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

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy.  Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Elizabeth Cutler, co-founder of Soul Cycle
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Sesame, the startup behind the viral virtual assistant Maya, releases its base AI model

AI company Sesame has released the base model that powers Maya, the impressively realistic voice assistant. The model, which is 1 billion parameters in size (“parameters” referring to individual components of the model), is under an Apache 2.0 license, meaning it can be used commercially with few restrictions. Called CSM-1B, the model generates “RVQ audio codes” from text […]

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

AI company Sesame has released the base model that powers Maya, the impressively realistic voice assistant. The model, which is 1 billion parameters in size (“parameters” referring to individual components of the model), is under an Apache 2.0 license, meaning it can be used commercially with few restrictions. Called CSM-1B, the model generates “RVQ audio codes” from text
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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