OpenAI’s GPT-5 reportedly falling short of expectations
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OpenAI’s GPT-5 reportedly falling short of expectations

OpenAI’s efforts to develop its next major model, GPT-5, are running behind schedule, with results that don’t yet justify the enormous costs, according to a new report in The Wall Street Journal. This echoes an earlier report in The Information suggesting that OpenAI is looking to new strategies as GPT-5 might not represent as big […]

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OpenAI’s efforts to develop its next major model, GPT-5, are running behind schedule, with results that don’t yet justify the enormous costs, according to a new report in The Wall Street Journal. This echoes an earlier report in The Information suggesting that OpenAI is looking to new strategies as GPT-5 might not represent as big
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Meet Skyseed, a VC fund and incubator backing the Bluesky and AT Protocol ecosystem
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Meet Skyseed, a VC fund and incubator backing the Bluesky and AT Protocol ecosystem

On November 15, Peter Wang posted a message requesting ideas for a new incubator and fund to support experimental projects built on the burgeoning Bluesky/AT Protocol ecosystem. Four weeks later, Skyseed emerged with an initial commitment of $1 million. This turnaround, a speed underscored by the fact that the fund doesn’t even have a website […]

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

On November 15, Peter Wang posted a message requesting ideas for a new incubator and fund to support experimental projects built on the burgeoning Bluesky/AT Protocol ecosystem. Four weeks later, Skyseed emerged with an initial commitment of $1 million. This turnaround, a speed underscored by the fact that the fund doesn’t even have a website
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

After causing outrage on the first day of Y Combinator, AI code editor PearAI lands $1M seed
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After causing outrage on the first day of Y Combinator, AI code editor PearAI lands $1M seed

On the first day of Y Combinator the founders of PearAI got “cancelled.” They used the hate to launch a new product, raise $1 million.

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

On the first day of Y Combinator the founders of PearAI got “cancelled.” They used the hate to launch a new product, raise $1 million.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

VCs pledge not to take money from Russia or China, and Databricks raises a humongous round
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VCs pledge not to take money from Russia or China, and Databricks raises a humongous round

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 was full of news, likely because it is also the last “real” week of 2024. Which is another way for us to say goodbye for […]

© 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 was full of news, likely because it is also the last “real” week of 2024. Which is another way for us to say goodbye for
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Nvidia clears regulatory hurdle to acquire Run:ai
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Nvidia clears regulatory hurdle to acquire Run:ai

Chip company Nvidia gets the green light from the European Union to complete its acquisition of Run:ai. The EU came to a unanimous decision today that Nvidia could go ahead with its acquisition of Israeli GPU orchestration platform Run:ai, according to reporting from Bloomberg. The European Commission determined that if the merger went through other […]

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

Chip company Nvidia gets the green light from the European Union to complete its acquisition of Run:ai. The EU came to a unanimous decision today that Nvidia could go ahead with its acquisition of Israeli GPU orchestration platform Run:ai, according to reporting from Bloomberg. The European Commission determined that if the merger went through other
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Are AI companies just defense tech now?
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Are AI companies just defense tech now?

AI is everywhere. And increasingly it’s being described as defense tech. This week, the Equity pod gang — which included newcomer Max Zeff, Margaux MacColl, and Kirsten Korosec — noticed an emerging trend: the worlds of AI and defense tech are colliding. And that matters, for a few reasons. For one, venture money is flowing […]

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

AI is everywhere. And increasingly it’s being described as defense tech. This week, the Equity pod gang — which included newcomer Max Zeff, Margaux MacColl, and Kirsten Korosec — noticed an emerging trend: the worlds of AI and defense tech are colliding. And that matters, for a few reasons. For one, venture money is flowing
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

British university spinoff Mindgard protects companies from AI threats
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British university spinoff Mindgard protects companies from AI threats

AI creates a dilemma for companies: Don’t implement it yet, and you might miss out on productivity gains and other potential benefits; but do it wrong, and you might expose your business and clients to unmitigated risks. This is where a new wave of “security for AI” startups come in, with the premise that these […]

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

AI creates a dilemma for companies: Don’t implement it yet, and you might miss out on productivity gains and other potential benefits; but do it wrong, and you might expose your business and clients to unmitigated risks. This is where a new wave of “security for AI” startups come in, with the premise that these
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Perplexity has reportedly closed a $500M funding round
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Perplexity has reportedly closed a $500M funding round

AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as […]

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

AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

A bad experience with an accounting firm spurred this founder to start Aiwyn
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A bad experience with an accounting firm spurred this founder to start Aiwyn

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected systems, inconsistent processes, and a lack of standardized workflows. Startups like Aiwyn are trying to […]

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

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected systems, inconsistent processes, and a lack of standardized workflows. Startups like Aiwyn are trying to
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z
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Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z

Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark in August 2023. Shear is listed as CEO on an incorporation document filed with the […]

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

Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark in August 2023. Shear is listed as CEO on an incorporation document filed with the
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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