Prosus zeroes out 9.6% Byju’s stake

Prosus, a big investor in Byju’s, says its share in the Indian edtech startup is now worth nothing, but it is still hopeful that the once-most valuable Indian startup can be salvaged. Prosus, the largest external investor in Byju’s with a 9.6% stake, wrote off the startup “due to the significant decrease in value for […]

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Prosus, a big investor in Byju’s, says its share in the Indian edtech startup is now worth nothing, but it is still hopeful that the once-most valuable Indian startup can be salvaged. Prosus, the largest external investor in Byju’s with a 9.6% stake, wrote off the startup “due to the significant decrease in value for
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

For a few days, AI chip juggernaut Nvidia sat on the throne as the world’s biggest company, but behind its staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza.For a few days, AI chip juggernaut Nvidia sat on the throne as the world’s biggest company, but behind its staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza.Business[#item_full_content]

Silicon Valley leaders are once again declaring ‘DEI’ bad and ‘meritocracy’ good — but they’re wrong

Scale AI founder Alexandr Wang set off another debate with an anti-DEI post. It revealed a lot about the current state of DEI in tech.

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

Scale AI founder Alexandr Wang set off another debate with an anti-DEI post. It revealed a lot about the current state of DEI in tech.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

How 2 high school teens raised a $500K seed round for their API startup (yes, it’s AI)

18-year-olds Christopher Fitzgerald and Nicholas Van Landschoot have founded APIGen, a platform to build custom APIs from natural language prompts.

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

18-year-olds Christopher Fitzgerald and Nicholas Van Landschoot have founded APIGen, a platform to build custom APIs from natural language prompts.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Robots that can navigate various terrains both rapidly and efficiently could be highly advantageous, as they could successfully complete complex missions in challenging environments. For instance, these robots could help to monitor complex natural environments, such as forests, or could search for survivors after natural disasters.Robots that can navigate various terrains both rapidly and efficiently could be highly advantageous, as they could successfully complete complex missions in challenging environments. For instance, these robots could help to monitor complex natural environments, such as forests, or could search for survivors after natural disasters.[#item_full_content]

Robots that can navigate various terrains both rapidly and efficiently could be highly advantageous, as they could successfully complete complex missions in challenging environments. For instance, these robots could help to monitor complex natural environments, such as forests, or could search for survivors after natural disasters.Robots that can navigate various terrains both rapidly and efficiently could be highly advantageous, as they could successfully complete complex missions in challenging environments. For instance, these robots could help to monitor complex natural environments, such as forests, or could search for survivors after natural disasters.[#item_full_content]

OmniAI transforms business data for AI

OmniAI is a set of tools that transform unstructured enterprise data into a something that data analytics apps and AI can understand.

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OmniAI is a set of tools that transform unstructured enterprise data into a something that data analytics apps and AI can understand.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

While seeking research internships last year, University of Washington graduate student Kate Glazko noticed recruiters posting online that they’d used OpenAI’s ChatGPT and other artificial intelligence tools to summarize resumes and rank candidates. Automated screening has been commonplace in hiring for decades. Yet Glazko, a doctoral student in the UW’s Paul G. Allen School of Computer Science & Engineering, studies how generative AI can replicate and amplify real-world biases—such as those against disabled people. How might such a system, she wondered, rank resumes that implied someone had a disability?While seeking research internships last year, University of Washington graduate student Kate Glazko noticed recruiters posting online that they’d used OpenAI’s ChatGPT and other artificial intelligence tools to summarize resumes and rank candidates. Automated screening has been commonplace in hiring for decades. Yet Glazko, a doctoral student in the UW’s Paul G. Allen School of Computer Science & Engineering, studies how generative AI can replicate and amplify real-world biases—such as those against disabled people. How might such a system, she wondered, rank resumes that implied someone had a disability?Machine learning & AI[#item_full_content]

Deal Dive: Sir Jack A Lot returns with a startup for retail traders

When former YouTube product manager Kevin Xu, known as “Sir Jack A Lot” on Reddit, turned $35,000 into $8 million trading stocks between 2020 and 2022, many people thought his fortunes, and his way of investing, had peaked, just like 2021’s memestock craze had. Xu doesn’t agree, though, and he’s now building a startup for […]

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

When former YouTube product manager Kevin Xu, known as “Sir Jack A Lot” on Reddit, turned $35,000 into $8 million trading stocks between 2020 and 2022, many people thought his fortunes, and his way of investing, had peaked, just like 2021’s memestock craze had. Xu doesn’t agree, though, and he’s now building a startup for
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

It all started at a Denny’s in San Jose in 1993. Three engineers—Jensen Huang, Chris Malachowsky and Curtis Priem—gathered at the diner in what is now the heart of Silicon Valley to discuss building a computer chip that would make graphics for video games faster and more realistic. That conversation, and the ones that followed, led to the founding of Nvidia, the tech company that soared through the ranks of the stock market to briefly top Microsoft as the most valuable company in the S&P 500 this week.It all started at a Denny’s in San Jose in 1993. Three engineers—Jensen Huang, Chris Malachowsky and Curtis Priem—gathered at the diner in what is now the heart of Silicon Valley to discuss building a computer chip that would make graphics for video games faster and more realistic. That conversation, and the ones that followed, led to the founding of Nvidia, the tech company that soared through the ranks of the stock market to briefly top Microsoft as the most valuable company in the S&P 500 this week.Machine learning & AI[#item_full_content]

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