TopTechTrends

Musk’s xAI shows there’s more money on the sidelines for AI startups

April 29, 2024

We’re off to an AI-heavy start to the week. OpenAI has a new deal with the Financial Times that caught our eye. Sure, it’s another content licensing deal, but there appears to be a bit more in the tie-up than just content flowing one way, and money the other. On this early-week episode of Equity, […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Twitter co-founder Biz Stone joins Mastodon’s new U.S. non-profit’s board

April 29, 2024

Biz Stone, a Twitter co-founder, is among those who have joined the board of directors of Mastodon’s new U.S. non-profit, announced Mastodon CEO Eugen Rochko over the weekend. Mastodon’s service, an open source, decentralized social network and rival to Elon Musk’s X, has gained increased attention following the Twitter acquisition as users sought alternatives to […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Getir pulls out of US, UK, Europe to focus on Turkey; 6,000+ jobs impacted

April 29, 2024

True to its business concept, Turkey’s “instant delivery” juggernaut Getir rose quickly. Now, with the quick commerce industry in free fall, it is nosediving just as fast. On Monday, the company — once valued close to $12 billion — announced it would shut down its operations the U.S., the U.K. and Europe to focus solely […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Indian ride-hailing giant Ola cuts 180 jobs in profitability push

April 29, 2024

Ola has let go its chief executive officer Hemant Bakshi, merely four months after making the appointment, and is cutting about 180 jobs, a source familiar with the matter told TechCrunch. The move from the Indian ride-hailing startup is aimed at “improving profitability,” its founder Bhavish Aggarwal told employees in an email Monday seen by […]

© 2024 TechCrunch. All rights reserved. For personal use only.