Tesla is laying off thousands of workers as it tries to simultaneously cut costs and boost productivity, according to CEO Elon Musk. The electric automaker is cutting “more than 10%” of its global headcount, Musk said in an email reported by Electrek and Bloomberg News. Tesla finished 2023 with over 140,000 employees, meaning the cuts […]
© 2024 TechCrunch. All rights reserved. For personal use only.
UK-based legaltech company Lawhive, which offers an AI-based in-house ‘lawyer’ through a software-as-a-service platform targeted at small law firms, has raised £9.5 million ($11.9M) in a seed round to expand the reach of AI-driven services for ‘main street’ law firms. To date, most legaltech startups that are deploying AI have concentrated on the big, juicy […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Social networking platform Bluesky lifted its ban on sign-ups for heads of state over the weekend. This means various office holders can join the platform. Bluesky’s move comes ahead of major general elections in countries like the U.S. and India scheduled to be held this year. Last year, during Bluesky’s invite-only period, the company stated […]
© 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI is expanding to Japan, announcing today a new Tokyo hub and plans for a GPT-4 model optimized specifically for the Japanese language. The ChatGPT-maker opened its first international office in London last year, followed by its inaugural European Union (EU) office in Dublin a few months later. Tokyo will represent OpenAI’s first office in Asia […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Social media startup ShareChat’s valuation has cratered below $2 billion from nearly $5 billion in a new funding round, a source familiar with the situation told TechCrunch, marking a steep decline for the nine-year-old Indian startup that boasts over 400 million users in the South Asian market. The Bengaluru-based startup, which operates a popular social […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Pula, an insurtech based in Kenya, has since 2015 been keen on enhancing the access to agricultural insurance by small-holder farmers across emerging markets, shielding them against losses from pests, diseases and/or extreme weather events like floods and droughts. So far, the insurtech has supported 15.4 million farmers in Africa, Asia and Latin America to […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. It was another wild week in the world of transportation, particularly in the EV startup and automated driving industries. […]
© 2024 TechCrunch. All rights reserved. For personal use only.