X changes its terms to bar training of AI models using its content
Social network X has changed its developer agreement to prevent third parties from using the platform’s content to train large language models.
Aspora gets $50M from Sequioa to build remittance and banking solutions for Indian diaspora
India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to $118.7 billion in 2023-24, according to data from the country’s central bank. The bank projects that figure will reach $160 billion in 2029. This means there is an […]
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Toma’s AI voice agents have taken off at car dealerships – and attracted funding from a16z
When Monik Pamecha co-founded AI voice startup Toma in early 2024, he hadn’t anticipated spending the summer months sweating in Bible Belt car dealerships. He and co-founder Anthony Krivonos were still focused on banking and healthcare customers when the dealers came knocking. “They just called us up and said ‘we are drowning in phone calls,’” […]
Collibra acquires data access startup Raito
Collibra, a data governance platform based in Brussels, is the latest enterprise to acquire a data company in order to expand its offerings in the age of AI. On Thursday, Collibra announced its acquisition Raito, a data access startup founded in 2021. Raito, also located in Brussels, helps companies manage which employees and customers have […]
TechCrunch Sessions: AI launches in Berkeley today — here’s what you’ll miss if you’re not here
Today’s the day! TechCrunch Sessions: AI is lighting up UC Berkeley’s Zellerbach Hall at 8 a.m. PT on the dot. The stage is set, the speakers are ready, and the AI community is gathering for one powerful day of insight, innovation, and momentum. Local to Berkeley and passionate about AI? There’s still time to join […]
Phone unlocking firm Cellebrite to acquire mobile testing startup Corellium for $170M
Cellebrite said the deal will help with the “accelerated identification of mobile vulnerabilities and exploits.”
Profitable African fintech PalmPay is in talks to raise as much as $100M
PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple sources familiar with the matter. It’s unclear what valuation it hopes to get, but its last round, in 2021, ranked it among the continent’s most valuable startups, estimated just shy […]
Alphabet CEO Sundar Pichai dismisses AI job fears, emphasizes expansion plans
In a Bloomberg interview Wednesday night in downtown San Francisco, Alphabet CEO Sundar Pichai pushed back against concerns that AI could eventually make half the company’s 180,000-person workforce redundant. Instead, Pichai stressed the company’s commitment to growth through at least next year. “I expect we will grow from our current engineering phase even into next […]
North America takes the bulk of AI VC investments, despite tough political environment
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s […]
Before You Invest, Take These Steps to Build a Strategy That Works
Learn how to determine where to place your investments with these insightful tips from an experienced business owner and entrepreneur.
Reddit Sues $61.5 Billion AI Startup Anthropic for Allegedly Using the Site for Training Data
Reddit’s lawsuit marks the first time a big tech company has filed a complaint against an AI startup.