US AI Safety Institute could face big cuts
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 […]
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February 2023
What Is a Chatbot? Here’s Everything To Know.
What Are Index Funds and How Do They Work?
ByteDance’s Slack-like tool generated $100M in 2022
Feishu, ByteDance’s workplace collaboration app, surpassed $100 million in annual recurring revenue last year, Xie Xin, the chief executive of Feishu, told staff Thursday, according to a person familiar with the matter. In late 2021, the workplace tool became one of the firm’s six individual business groups, meaning it was given the same strategic importance […]
ByteDance’s Slack-like tool generated $100M in 2022 by Rita Liao originally published on TechCrunch
Nestlé Forecasts Further Price Hikes for Staple Items in 2023
The entire fintech industry is not in distress – here’s who is hiring
With so many fintechs laying off staff, it can be easy to assume that the entire industry is in distress. But that’s not the case. In fact, some companies are finding opportunity in the masses of layoffs. Rex Salisbury, founding partner of Cambrian Ventures and formerly on the fintech investment team at Andreessen Horowitz (a16z), […]
The entire fintech industry is not in distress – here’s who is hiring by Mary Ann Azevedo originally published on TechCrunch
Singapore-based Transcelestial uses lasers to build affordable internet networks
Transcelestial is on a mission to make the internet more accessible by building a network of shoebox-sized devices that send lasers to one another, creating a fiber-like network. Today, the Singaporean-based startup announced it has raised $10 million, with the goal of expanding its wireless laser communications system in Indonesia, India, the Philippines, Malaysia, Singapore […]
Singapore-based Transcelestial uses lasers to build affordable internet networks by Catherine Shu originally published on TechCrunch
Toyota Research Institute’s robots leave home
“I think I’m probably just as guilty as everybody else,” Toyota Research Institute’s (TRI) senior vice president of robotics, Max Bajracharya, admits. “It’s like, now our GPUs are better. Oh, we got machine learning and now you know we can do this. Oh, okay, maybe that was harder than we thought.” Ambition is, of course, […]
Toyota Research Institute’s robots leave home by Brian Heater originally published on TechCrunch
Pass the grass: How Plantd aims to decarbonize new buildings
No matter how you slice it, buildings are serious climate change drivers. Every component of the so-called built environment — from off-site materials production and construction to electricity and maintenance — comes at a steep environmental cost. The sector is responsible for nearly 40% of energy-related greenhouse gas emissions globally, according to the International Energy […]
Pass the grass: How Plantd aims to decarbonize new buildings by Harri Weber originally published on TechCrunch
Daily Crunch: Dash board temporarily suspends CEO as company investigates financial impropriety
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Dash board temporarily suspends CEO as company investigates financial impropriety by Christine Hall originally published on TechCrunch