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.
A few days ahead of the Artificial Intelligence Action Summit in Paris, the French presidency has announced the first of several expected financial initiatives related to AI. France’s Emmanuel Macron and the United Arab Emirates’ Mohamed bin Zayed Al Nahyan have signed an agreement for a significant investment to build a massive data center dedicated […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Meta is launching a new program in partnership with UNESCO to collect speech recordings and transcriptions the company said will help the development of future openly available AI. The program, the Language Technology Partner Program, is seeking collaborators who can contribute more than 10 hours of speech recordings with transcriptions, large amounts of written text, […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Meta Friday announced PARTNR, a new program designed to study human-robot interaction (HRI). The research is specifically focused on how humans and robots might collaborate in the home environment. That includes mundane tasks like cleaning, cooking, and picking up food deliveries. Automated housework is a decades-old dream, most prominently captured by The Jetsons’ Rosie. The […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins in the last quarter. The food delivery company’s stock fell as low as ₹374.80 ($4.29) on Thursday below its November IPO price of ₹390, […]
© 2024 TechCrunch. All rights reserved. For personal use only.
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services. The Institute for Development and Research in Banking Technology (IDRBT) will serve as the exclusive registrar for the new domain, the Reserve Bank of […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Sprinklr has cut 15% of its workforce — around 500 employees — due to business performance not meeting expectations.
© 2024 TechCrunch. All rights reserved. For personal use only.
On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest. The tax break allows private equity and venture fund managers to treat their earnings from investments at a lower capital gains rate, rather than as ordinary income. The removal of the tax break would be a big hit to the VC […]
© 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI co-founder John Schulman, who left AI company Anthropic earlier this week after a mere five months, is reportedly joining former OpenAI CTO Mira Murati’s secretive new startup, per Fortune. It’s not clear what Schulman’s role there will be. Fortune wasn’t able to learn that information, and Murati has been tight-lipped about the venture since […]
© 2024 TechCrunch. All rights reserved. For personal use only.