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 […]
© 2024 TechCrunch. All rights reserved. For personal use only.
November 2023
He Decided to Join the Marines on 9/11 and Deployed 3 Times. Now, the Leadership Tactics He Learned Are Helping Him Grow a Spooky Business.
ReturnGO, with $5M more, now powers product returns for Amazon Multi-Channel Fulfillment
ReturnGO provides a “post-purchase operating system” that aims to reduce the reverse logistics costs for online retailers while also making the whole process more sustainable.
© 2023 TechCrunch. All rights reserved. For personal use only.
Sift raises $7.5M to build a telemetry stack for the “digital backbone to the physical world”
Excellent hardware requires an excellent software stack. Few parts of that stack more clearly illustrate this point than telemetry, which essentially refers to the collection of real-time, critical data on machine performance. A weak telemetry system can spell catastrophe for hardware projects, so many companies rely on expensive, complicated solutions, like knitting together multiple open-source […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Former Myspace founders introduce a text-to-video generator that uses your selfie to personalize content
For almost two decades, Chris DeWolfe and Aber Whitcomb – the minds behind social network platform Myspace and gaming company Jam City — have made it their mission to be on top of the hottest tech trends. Earlier this year, the veteran tech entrepreneurs shifted their focus to the web3 and generative AI craze with […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Cast AI, which helps companies optimize cloud spend, lands $35M
The mass move to digital during the pandemic and the embrace of generative AI accelerated cloud adoption, and trend hasn’t reversed — on the contrary. Gartner estimates that, in 2023, global end-user spending on public clouds will reach over $599 billion, up from $421 billion in 2021 and nearly $500 billion in 2022. Not every enterprise […]
© 2023 TechCrunch. All rights reserved. For personal use only.
a16z writes first check out of UK to crypto startup Pimlico
Upon opening its first overseas office in London last Thursday, a16z announced today that its first check written from the U.K. was for Pimlico. Based out of London — as one could surmise from its name borrowed from the city’s charming area — Pimlico is building the infrastructure for developers to make more user-friendly decentralized […]
© 2023 TechCrunch. All rights reserved. For personal use only.
The Download: combating Parkinson’s with implants, and counting carbon’s cost
Volante raises $66M for payments tech for banks and other legacy financial businesses
“Digital transformation” among enterprises hasn’t happened with quite the gusto that people predicted it would a few years ago. But today, a startup building fintech technology — for businesses to modernize legacy financial services like payments — is announcing a decent round of funding, a sign of how change is coming, even if slowly. Volante […]
© 2023 TechCrunch. All rights reserved. For personal use only.