Uprise wants to help small businesses make better financial decisions

Small business creation has been on the rise in the U.S. since the pandemic. There are a lot of tech tools designed to help these companies with things like payroll or setting up retirement benefits — but more tools doesn’t mean small businesses know how to use them to make smart decisions. Uprise is looking to […]

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Small business creation has been on the rise in the U.S. since the pandemic. There are a lot of tech tools designed to help these companies with things like payroll or setting up retirement benefits — but more tools doesn’t mean small businesses know how to use them to make smart decisions. Uprise is looking to
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Perplexity is reportedly looking to fundraise at an $8B valuation

AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at an $8 billion valuation, according to the Wall Street Journal. If a deal happens with those terms, it would more than double Perplexity’s valuation from its $3 billion valuation when it raised from SoftBank over the summer. The WSJ […]

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AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at an $8 billion valuation, according to the Wall Street Journal. If a deal happens with those terms, it would more than double Perplexity’s valuation from its $3 billion valuation when it raised from SoftBank over the summer. The WSJ
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Gusto’s head of technology says hiring an army of specialists is the wrong approach to AI

As founders plan for an increasingly AI-centric future, Gusto co-founder and head of technology Edward Kim said that cutting existing teams and hiring a bunch of specially trained AI engineers is “the wrong way to go.” Instead, he argued that non-technical team members can “actually have a much deeper understanding than an average engineer on […]

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

As founders plan for an increasingly AI-centric future, Gusto co-founder and head of technology Edward Kim said that cutting existing teams and hiring a bunch of specially trained AI engineers is “the wrong way to go.” Instead, he argued that non-technical team members can “actually have a much deeper understanding than an average engineer on
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Former OpenAI CTO Mira Murati is reportedly fundraising for a new AI startup

Mira Murati, the OpenAI CTO who announced her departure last month, is raising VC funding for a new AI startup, according to Reuters. This startup will reportedly focus on building AI products based on proprietary models and could raise more than $100 million in this round. At the time of her departure, Murati wrote on […]

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

Mira Murati, the OpenAI CTO who announced her departure last month, is raising VC funding for a new AI startup, according to Reuters. This startup will reportedly focus on building AI products based on proprietary models and could raise more than $100 million in this round. At the time of her departure, Murati wrote on
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Fluid Truck files for Chapter 11 bankruptcy and pursues sale after leadership shakeup

Less than two months after Fluid Truck’s board ousted its sibling co-founders from their executive positions, the company has laid off 30% of its staff, filed for Chapter 11 bankruptcy protection, and found a potential buyer to take on the business, pending court approval, according to bankruptcy filings and information from a former employee.  Fluid […]

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

Less than two months after Fluid Truck’s board ousted its sibling co-founders from their executive positions, the company has laid off 30% of its staff, filed for Chapter 11 bankruptcy protection, and found a potential buyer to take on the business, pending court approval, according to bankruptcy filings and information from a former employee.  Fluid
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Investors bet on the power of light, diamonds in the trash, and more

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 brought us some exciting fundraising news from around the world, and even some exits. But if you are looking for tech IPOs, you will have […]

© 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 brought us some exciting fundraising news from around the world, and even some exits. But if you are looking for tech IPOs, you will have
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Bluesky surges into the top 5 as X changes blocks, permits AI training on its data

Social networking startup Bluesky, which just reported a gain of half a million users over the past day, has now soared into the top 5 apps on the U.S. App Store and has become the No. 2 app in the Social Networking category, up from No. 181 a week ago, according to data from app […]

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

Social networking startup Bluesky, which just reported a gain of half a million users over the past day, has now soared into the top 5 apps on the U.S. App Store and has become the No. 2 app in the Social Networking category, up from No. 181 a week ago, according to data from app
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Investor FOMO returns, and what happened with WordPress and WP Engine?

Today on TechCrunch’s Equity podcast, Devin Coldewey, Margaux MacColl and Anthony Ha are rounding up the week’s startup and venture news, kicking things off with a look at the $400 million raised by Lightmatter, and the importance of fast networking within the fast growing datacenter industry today — not just in years to come — […]

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

Today on TechCrunch’s Equity podcast, Devin Coldewey, Margaux MacColl and Anthony Ha are rounding up the week’s startup and venture news, kicking things off with a look at the $400 million raised by Lightmatter, and the importance of fast networking within the fast growing datacenter industry today — not just in years to come —
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Byju’s founder says his edtech startup, once worth $22B, is now ‘worth zero’

Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, and that his startup, once valued at $22 billion, is now effectively worth “zero.” Speaking to a group of journalists, Raveendran said the company’s aggressive acquisition of more than two dozen startups to expand […]

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

Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, and that his startup, once valued at $22 billion, is now effectively worth “zero.” Speaking to a group of journalists, Raveendran said the company’s aggressive acquisition of more than two dozen startups to expand
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

With $11.9 million in funding, Dottxt tells AI models how to answer

As we’ve reported before, enterprise CIOs are taking generative AI slow. One reason for that is AI doesn’t fit into existing software engineering workflows, because it literally doesn’t speak the same language. For instance, LLMs (aka large language models) require a lot of cajoling to deliver valid JSON. That’s where a U.S.-based startup called Dottxt […]

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

As we’ve reported before, enterprise CIOs are taking generative AI slow. One reason for that is AI doesn’t fit into existing software engineering workflows, because it literally doesn’t speak the same language. For instance, LLMs (aka large language models) require a lot of cajoling to deliver valid JSON. That’s where a U.S.-based startup called Dottxt
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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