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

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

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

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]

5 days left to secure ticket savings for TechCrunch Disrupt 2024
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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
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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
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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. 

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

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
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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.

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

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]

Rippling’s Parker Conrad says founders should ‘go all the way to the ground’ to run their companies
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Rippling’s Parker Conrad says founders should ‘go all the way to the ground’ to run their companies

This is just one area of leadership where Parker Conrad takes a contrarian approach. He also said he doesn’t believe in top-down management.

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

This is just one area of leadership where Parker Conrad takes a contrarian approach. He also said he doesn’t believe in top-down management.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Keychain aims to unlock a new approach to manufacturing consumer goods
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Keychain aims to unlock a new approach to manufacturing consumer goods

Brands can use Keychain to look up different products and see who actually manufactures them.

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

Brands can use Keychain to look up different products and see who actually manufactures them.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Another week in the circle of startup life
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Another week in the circle of startup life

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. I’m Anna Heim from TechCrunch’s international team, and I’ll be writing this newsletter moving forward. Want it in your inbox every Friday? Sign up here. This week, we’re looking at some companies being created, funded, shut down 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. I’m Anna Heim from TechCrunch’s international team, and I’ll be writing this newsletter moving forward. Want it in your inbox every Friday? Sign up here. This week, we’re looking at some companies being created, funded, shut down and
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Only 7 days left to save on TechCrunch Disrupt 2024 tickets
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Only 7 days left to save on TechCrunch Disrupt 2024 tickets

We’re entering the final week of discounted rates for TechCrunch Disrupt 2024. Save up to $600 on select individual ticket types until August 23. Join a dynamic crowd of over 10,000 attendees, startup founders and VC investors at Moscone West in San Francisco from October 28-30. Here are just a few big reasons to attend […]

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

We’re entering the final week of discounted rates for TechCrunch Disrupt 2024. Save up to $600 on select individual ticket types until August 23. Join a dynamic crowd of over 10,000 attendees, startup founders and VC investors at Moscone West in San Francisco from October 28-30. Here are just a few big reasons to attend
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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