Google is working on artificial intelligence software that resembles the human ability to reason, similar to OpenAI’s o1, marking a new front in the rivalry between the tech giant and the fast-growing startup.Google is working on artificial intelligence software that resembles the human ability to reason, similar to OpenAI’s o1, marking a new front in the rivalry between the tech giant and the fast-growing startup.Business[#item_full_content]
Daron Acemoglu wants to make clear right away that he has nothing against artificial intelligence. He gets the potential. “I’m not an AI pessimist,” he declares seconds into an interview.Daron Acemoglu wants to make clear right away that he has nothing against artificial intelligence. He gets the potential. “I’m not an AI pessimist,” he declares seconds into an interview.Business[#item_full_content]
ETH Zurich spinoff Voliro’s flying robots save lives, but don’t tell its CEO
We have only touched the surface of what drones can do and how ubiquitous they will become. This is also true in industry, where they have the potential to replace human labor in risky activities such as inspection at height. Swiss startup Voliro operates in this space, with flying robots that can inspect wind turbines, […]
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We have only touched the surface of what drones can do and how ubiquitous they will become. This is also true in industry, where they have the potential to replace human labor in risky activities such as inspection at height. Swiss startup Voliro operates in this space, with flying robots that can inspect wind turbines,
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]
WP Engine sues Automattic and WordPress co-founder Matt Mullenweg
Hosting provider WP Engine has filed a lawsuit against Automattic and WordPress co-founder Matt Mullenweg, accusing them of extortion and abuse of power. The lawsuit comes after nearly two weeks of tussling between Mullenweg, who is also CEO of Automattic, and WP Engine over trademark infringement and contributing to the WordPress community. WP Engine accused Automattic and […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Hosting provider WP Engine has filed a lawsuit against Automattic and WordPress co-founder Matt Mullenweg, accusing them of extortion and abuse of power. The lawsuit comes after nearly two weeks of tussling between Mullenweg, who is also CEO of Automattic, and WP Engine over trademark infringement and contributing to the WordPress community. WP Engine accused Automattic and
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]
Venture firm CRV returns $275 million citing overvaluation of mature startups
CRV, a more than 50-year-old venture firm, is returning to investors $275 million from its $500 million Select fund, which backs later-stage rounds of existing portfolio companies, the New York Times reported. The firm is one of the first Silicon Valley outfits to return committed capital to investors. (We reported yesterday that India’s largest venture […]
© 2024 TechCrunch. All rights reserved. For personal use only.
CRV, a more than 50-year-old venture firm, is returning to investors $275 million from its $500 million Select fund, which backs later-stage rounds of existing portfolio companies, the New York Times reported. The firm is one of the first Silicon Valley outfits to return committed capital to investors. (We reported yesterday that India’s largest venture
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]
Former head of YC’s Continuity Fund Ali Rowghani launches new seed firm
Ali Rowghani, a former Y Combinator managing director and former Twitter executive, is launching a venture firm called Maxq. Maxq is targeting $250 million for its debut fund, Maxq Fund I, according to an SEC filing. The firm will focus on seed-stage investments, Axios reported on Wednesday. Rowghani’s former YC colleagues Mia Mabanta, Simon Lu, […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Ali Rowghani, a former Y Combinator managing director and former Twitter executive, is launching a venture firm called Maxq. Maxq is targeting $250 million for its debut fund, Maxq Fund I, according to an SEC filing. The firm will focus on seed-stage investments, Axios reported on Wednesday. Rowghani’s former YC colleagues Mia Mabanta, Simon Lu,
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]
OpenAI has closed a multi-billion dollar funding round, the company announced Wednesday, as the ChatGPT-maker seals its place as the world leader on artificial intelligence.OpenAI has closed a multi-billion dollar funding round, the company announced Wednesday, as the ChatGPT-maker seals its place as the world leader on artificial intelligence.Business[#item_full_content]
Imagine you’re tasked with sending a team of football players onto a field to assess the condition of the grass (a likely task for them, of course). If you pick their positions randomly, they might cluster together in some areas while completely neglecting others. But if you give them a strategy, like spreading out uniformly across the field, you might get a far more accurate picture of the grass condition.Imagine you’re tasked with sending a team of football players onto a field to assess the condition of the grass (a likely task for them, of course). If you pick their positions randomly, they might cluster together in some areas while completely neglecting others. But if you give them a strategy, like spreading out uniformly across the field, you might get a far more accurate picture of the grass condition.[#item_full_content]
Imagine you’re tasked with sending a team of football players onto a field to assess the condition of the grass (a likely task for them, of course). If you pick their positions randomly, they might cluster together in some areas while completely neglecting others. But if you give them a strategy, like spreading out uniformly across the field, you might get a far more accurate picture of the grass condition.Imagine you’re tasked with sending a team of football players onto a field to assess the condition of the grass (a likely task for them, of course). If you pick their positions randomly, they might cluster together in some areas while completely neglecting others. But if you give them a strategy, like spreading out uniformly across the field, you might get a far more accurate picture of the grass condition.Computer Sciences[#item_full_content]
OpenAI raises $6.6B and is now valued at $157B
ChatGPT maker OpenAI has closed the largest VC round of all time. The startup today announced that it raised $6.6 billion in a funding round that values OpenAI at $157 billion post-money. Led by previous investor Thrive Capital, the new cash brings OpenAI’s total raised to $17.9 billion, per Crunchbase. Thrive invested around $1.3 billion, […]
© 2024 TechCrunch. All rights reserved. For personal use only.
ChatGPT maker OpenAI has closed the largest VC round of all time. The startup today announced that it raised $6.6 billion in a funding round that values OpenAI at $157 billion post-money. Led by previous investor Thrive Capital, the new cash brings OpenAI’s total raised to $17.9 billion, per Crunchbase. Thrive invested around $1.3 billion,
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]
