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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January 2024
2024 Energy Watchlist Unveiled
Chronosphere acquires Calyptia to extend its observability platform
Chronosphere, a startup that offers a cloud native observability platform, today announced that it has acquired Calyptia. While the company itself may not be a household name, Calyptia was founded by the creators of the Fluent Ecosystem, which includes the popular open-source observability projects like data collector Fluentd and metrics processor and forwarder Fluent Bit, […]
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Voice cloning startup ElevenLabs lands $80M, achieves unicorn status
There’s a lot of money in voice cloning. Case in point: ElevenLabs, a startup developing AI-powered tools to create and edit synthetic voices, today announced that it closed an $80 million Series B round co-led by prominent investors including Andreessen Horowitz, former GitHub CEO Nat Friedman and entrepreneur Daniel Gross. The round, which also had […]
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Sony tells Zee it’s terminating the $10 billion India merger
Sony called off the merger between its India unit and Zee Entertainment on Monday, ending a two-year acquisition deliberation that would have created a $10 billion media powerhouse in the South Asian market. Sony said in a statement that it has sent a termination letter to Zee after the Indian firm failed to meet the […]
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India’s Captain Fresh in talks to raise $50 million in new funding
Captain Fresh, a business-to-business harvest-to-retail marketplace for animal protein, is engaging with investors to raise up to $50 million in fresh funding, according to sources familiar with the matter. The startup is in advanced stages of deliberations to raise the capital from Nekkanti Sea Foods, SBI Investment, Evolvence, Tiger Global, and Prosus Ventures, the sources […]
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Terraform Labs files for Chapter 11 bankruptcy
Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022. Terraform Labs confirmed that it had filed for Chapter 11 protection in the U.S. as “a strategic step that will enable it to continue its operations and support […]
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Kenyan agtech Shamba Pride raises $3.7M to grow its merchant network
Shamba Pride has since 2016 worked to enhance last-mile distribution for farm inputs and tackle price exploitation and quality issues for farmers through its merchant network dubbed digishops. The agtech has, so far, built a network of merchants (agro-dealers) extending across 24 counties in Kenya, which represents just over half of the country. It now […]
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Flexport taps Shopify for cash, behind the wheel of the Kia EV9 and where Amazon wants to invest
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome to TechCrunch Mobility – the same weekly newsletter you’ve been reading, but with a new name and a few changes. Don’t worry, this […]
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