Technology

Andy McLoughlin of Uncork Capital on the firm’s new funds, succession, and why next year could be a bloodbath for many startups (sorry, startups)

July 28, 2023
A few weeks ago, Uncork Capital shared the news that it recently closed on $400 million in capital commitments across two new funds: $200 million for a seed-stage vehicle and another $200 million for an opportunity-style fund that mostly aims to support startups that are already part of its portfolio. The funds represent twice what […]

Volkswagen’s Xpeng deal sets example for EV alliance between the West and China

July 28, 2023
The major news from China’s auto industry this week is Volkswagen’s $700 million investment in the country’s electric vehicle startup, Xpeng. This partnership has the potential to set a precedent for Western automakers seeking to leverage Chinese firms for their EV expertise, while their Chinese counterparts can benefit from their foreign allies’ global distribution. The […]

Are you going to let Sam Altman’s crypto project scan your eyeballs or not?

July 27, 2023
Welcome back to Chain Reaction. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Earlier this week, OpenAI CEO Sam Altman’s audacious eyeball-scanning crypto startup Tools for Humanity started the global rollout of its Worldcoin product. The company wants to […]

AI builds momentum for smarter health care

July 27, 2023
The pharmaceutical industry operates under one of the highest failure rates of any business sector. The success rate for drug candidates entering capital Phase 1 trials—the earliest type of clinical testing, which can take 6 to 7 years—is anywhere between 9% and 12%, depending on the year, with costs to bring a drug from discovery…

A high-tech third eye for neurosurgeons, Proprio could change the OR forever

July 27, 2023
Surgeries of all kinds have become more and more powerfully assisted by technology, but in most cases it’s still a human holding the scalpel — especially for delicate and complex operations like spinal surgery. Proprio’s technology reinvents the way surgeons see, understand, and influence the contours of bone and tissue, improving outcomes and potentially saving […]

Android will now warn about unknown Bluetooth trackers, like AirTag, traveling with you

July 27, 2023
Google today will begin to roll out a new safety feature, unknown tracker alerts, first announced at its developer event Google I/O this spring. The feature will allow Android users to be alerted automatically if an unknown Bluetooth device is traveling with them — a sign that could point to the possibility that someone is […]

The Download: protecting photos from AI, and air-conditioning’s dilemma

July 27, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. This new tool could protect your pictures from AI manipulation What’s happening? There’s currently nothing stopping someone taking the selfie you posted online last week and editing it using powerful generative AI systems.…