Technology

As the generative AI craze rages on, Ramp acquires customer support startup Cohere.io

June 26, 2023

Want more fintech news in your inbox? Sign up here. Finance automation company Ramp has acquired Cohere.io, a startup that built an AI-powered customer support tool, the companies told TechCrunch exclusively. Founded in 2020, New York-based Cohere.io (not to be confused with Cohere, another AI startup that recently raised capital) raised $3.1 million in a […]

As the generative AI craze rages on, Ramp acquires customer support startup Cohere.io by Mary Ann Azevedo originally published on TechCrunch

Glean operational advice from Airbnb and Instacart at TC Disrupt 2023’s Builders Stage

June 26, 2023

What does it take to turn an unknown startup into a household name? The ability to scale. It’s the Holy Grail that every early-stage startup founder chases. Scaling internal operations may lack the glamor of funding rounds and founder profiles, but it’s essential heavy lifting for startup success. Founders looking for inspiration need look no […]

Glean operational advice from Airbnb and Instacart at TC Disrupt 2023’s Builders Stage by Lauren Simonds originally published on TechCrunch

The Download: advertising on junk AI websites, and forest bathing in VR

June 26, 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. Junk websites filled with AI-generated text are pulling in money from programmatic ads The news: AI chatbots are filling junk websites with AI-generated text that attracts paying advertisers. More than 140 major brands…

IBM acquires Apptio from Vista for $4.6B in cash to double down on hybrid cloud services

June 26, 2023

As cloud architecture continues to more ubiquitous among organizations, increasingly what is more apparent is that many organizations are taking a hybrid approach, blending SaaS in private and public clouds with some products that remain on premises. Today, IBM made a big acquisition doubling down on the hybrid concept: it will pay $4.6 billion in […]

IBM acquires Apptio from Vista for $4.6B in cash to double down on hybrid cloud services by Ingrid Lunden originally published on TechCrunch

Adobe indemnity clause designed to ease enterprise fears about AI-generated art

June 26, 2023

When it comes to artworks created by generative AI, enterprise users have specific legal concerns around permissions – and Adobe has recognized those worries. That’s why the company has written an indemnity clause that states that Adobe will pay any copyright claims related to works generated in Adobe Firefly, the company’s generative AI art creation […]

Adobe indemnity clause designed to ease enterprise fears about AI-generated art by Ron Miller originally published on TechCrunch

Aston Martin taps Lucid to help develop electric vehicles

June 26, 2023

Lucid Group, the U.S. automaker that produces the luxury all-electric Air sedan, will supply Aston Martin with powertrain components for future electric vehicle models, the companies said Monday. The iconic British luxury automaker aims to launch an EV in 2025. The agreement marks a first for Lucid — a chance to act as supplier and […]

Aston Martin taps Lucid to help develop electric vehicles by Rebecca Bellan originally published on TechCrunch

Junk websites filled with AI-generated text are pulling in money from programmatic ads

June 26, 2023
People are using AI chatbots to fill junk websites with AI-generated text that attracts paying advertisers, according to a new report from the media research organization NewsGuard that was shared exclusively with MIT Technology Review.  Over 140 major brands are paying for ads that end up on unreliable AI-written sites, likely without their knowledge. Ninety…

UTU raises $35M to help travelers get more from tax-free shopping

June 26, 2023

Utu, a travel tech company that helps flyers get more out of their tax-free shopping, announced today it has raised a $35 million Series B led by SC Ventures. Part of the funding was used to acquire CardsPal, a Singapore-based fintech that offers deals and promotions nearby to users. During the pandemic-induced travel hiatus, utu […]

UTU raises $35M to help travelers get more from tax-free shopping by Catherine Shu originally published on TechCrunch

Rivian adopts Tesla charging standard, Cruise adds Android and Ford lands a $9.2B loan

June 25, 2023

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]

Rivian adopts Tesla charging standard, Cruise adds Android and Ford lands a $9.2B loan by Kirsten Korosec originally published on TechCrunch

Designers hated Figma’s collaborative design tool at first, but grew to love it

June 25, 2023

Back in 2012 when Dylan Field was a student at Brown University, he came up with the idea of building a browser-based design tool. At the time, design tools were all on the desktop, which meant that designers worked alone, sending files for review to the various stakeholders involved, then making changes based on feedback […]

Designers hated Figma’s collaborative design tool at first, but grew to love it by Ron Miller originally published on TechCrunch