One 97 Communications, the parent company of India’s leading digital payments platform Paytm, reported a widening of its consolidated net loss to $66.1 million in the quarter ending March, compared to a loss of $20.11 million in the same quarter last year as it grappled with a regulatory clampdown. For the full fiscal year 2024, […]
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Government officials and AI industry executives agreed on Tuesday to apply elementary safety measures in the fast-moving field and establish an international safety research network. Nearly six months after the inaugural global summit on AI safety at Bletchley Park in England, Britain and South Korea are hosting the AI safety summit this week in Seoul. The […]
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Some startups choose to bootstrap from the beginning while others find themselves forced into self funding by a lack of investor interest or a business model that doesn’t fit traditional VC. FarmboxRx decided to bootstrap because founder Ashley Tyrner didn’t like the advice she was getting from potential backers. Tyrner told TechCrunch’s Found podcast that […]
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Uber and Lyft drivers in Minnesota will see higher pay thanks to a deal between the state and the country’s two largest ride-hailing companies. The upshot: a new law that gives some protections to drivers while placing limits on state government. The bill, which Gov. Tim Walz has supported publicly and is expected to sign, […]
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Andreessen Horowitz’s American Dynamism fund has established a new fellowship program aimed at introducing top engineers and technologists to venture investing, a move that could help the firm less obvious sources for VC talent. The American Dynamism fund launched in 2023 with the broad aim of supporting companies building in the nation’s interest across hard […]
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