March 2023

Y Combinator cuts nearly 20% of staff, scales back growth stage investments

March 13, 2023

Y Combinator will be writing less checks toward late-stage companies, a scale back that also cost 17 team members – or roughly 20% of the accelerator’s employees – their jobs, according to a statement released on Monday. The accelerator told TechCrunch that Silicon Valley Bank’s failure was not a factor and that they have been […]

Y Combinator cuts nearly 20% of staff, scales back growth stage investments by Natasha Mascarenhas originally published on TechCrunch

Spotify’s new ‘DJ’ feature is the first step into the streamer’s AI-powered future

March 13, 2023

Spotify has bigger plans for the technology behind its new AI DJ feature after seeing positive consumer reaction to the new feature.  Launched just ahead of the company’s Stream On event in L.A. last week, the AI DJ curates a personalized selection of music combined with spoken commentary delivered in a realistic-sounding, AI-generated voice. But […]

Spotify’s new ‘DJ’ feature is the first step into the streamer’s AI-powered future by Sarah Perez originally published on TechCrunch

Volkswagen and PowerCo to build North American battery factory in Canada

March 13, 2023

Volkswagen Group and its battery company PowerCo have picked Canada for its first overseas battery cell factory. The plant, located in St. Thomas, Ontario, will produce battery cells beginning in 2027, according to the German automaker. PowerCo, a VW company that launched in July 2022, will handle the automaker’s global battery business including sourcing raw […]

Volkswagen and PowerCo to build North American battery factory in Canada by Kirsten Korosec originally published on TechCrunch

Apple’s AR/VR headset reportedly being pushed out due to ‘huge pressure to ship’

March 13, 2023

Stop me if you’ve heard this one before: Apple is building a mixed reality headset that’s set to ship this year. The company’s MR (AR+VR) hardware ranks among its longest-lasting rumor cycles. Some (Apple Watch) have borne fruit. Others (that pesky Apple TV set) not so much. The category doesn’t feel like a foregone conclusion […]

Apple’s AR/VR headset reportedly being pushed out due to ‘huge pressure to ship’ by Brian Heater originally published on TechCrunch

China’s robotaxi upstart WeRide confidentially files for IPO: Bloomberg

March 13, 2023

WeRide.ai, one of the most funded Chinese robotaxi operators, has confidentially filed to go public in the U.S., Bloomberg reported on Monday. The company declined to comment when reached by TechCrunch. China’s autonomous driving startups have been racking up hefty investments in the past few years to fuel their technology development and fleet deployment, which […]

China’s robotaxi upstart WeRide confidentially files for IPO: Bloomberg by Rita Liao originally published on TechCrunch