The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of […]
Even well-funded fintech companies are laying off workers by Mary Ann Azevedo originally published on TechCrunch
Binance Holdings plans to return to South Korea after pulling out of the market in 2020. The world’s largest cryptocurrency trading platform by volume said it had acquired a majority stake in South Korea-based crypto exchange GOPAX. In November, GOPAX suspended customer withdrawals from its DeFi service, GoFi, after suffering effects from the bankrupt lender Genesis […]
Binance acquires majority stake in Korean crypto exchange GOPAX by Kate Park originally published on TechCrunch
Q&A platform Quora has opened up public access to its new AI chatbot app, Poe, which lets users ask questions and get answers from a range of AI chatbots, including those from ChatGPT maker, OpenAI, and other companies like Anthropic. Beyond allowing users to experiment with new AI technologies, Poe’s content will ultimately help to […]
Quora opens its new AI chatbot app Poe to the general public by Sarah Perez originally published on TechCrunch
Welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It’s February, and that means two things: you can stop wishing people happy new year, and Succession is officially back next month. As always, you can find me on Instagram or Twitter when I’m not […]
SoftBank’s vibe shift is using silence loudly by Natasha Mascarenhas originally published on TechCrunch
Google is rushing to take part in the sudden fervor for conversational AI, driven by the pervasive success of rival OpenAI’s ChatGPT. Bard, the company’s new AI experiment, aims to “combine the breadth of the world’s knowledge with the power, intelligence, and creativity of our large language models.” Not short on ambition, Google! The model, […]
Google takes on ChatGPT with Bard and shows off AI in search by Devin Coldewey originally published on TechCrunch
FTX and its affiliated debtors have sent confidential letters asking politicians, PACs and other recipients of funds to return donations made by the crypto exchange once valued at $32 billion. The recipients are being asked to return donations — or potentially face repercussions — to the now-bankrupt exchange, according to a Sunday statement from FTX. […]
FTX wants politicians and PACs to return their donations by Jacquelyn Melinek originally published on TechCrunch
There are two common problems with the problem slide: Some founders are tempted to go way into the weeds, while others don’t include one at all.
What do investors need from your problem slide? by Haje Jan Kamps originally published on TechCrunch
Canoo has agreed to sell 50 million shares at a steeply discounted price as the cash-strapped EV company seeks the money it needs to keep its operations running. Canoo said Monday it would sell 50 million new shares to unnamed investors for $1.05 per share, a 16% discount from its closing price Friday. The shares […]
EV SPAC Canoo agrees to sell $52M in stock to stay alive by Kirsten Korosec originally published on TechCrunch
Make room for yet another preventative health play: Spotify founder Daniel Ek officially confirmed rumors of his new “health tech” startup, Neko, Friday by quietly kicking off a body scanning service in Sweden (via Tech EU) after four years of stealthy development. Ek has long expressed a personal interest in tackling a “screwed up” healthcare […]
Neko, Daniel Ek’s next play, is another spin on preventative healthcare by Natasha Lomas originally published on TechCrunch