More consolidation is playing out in the security industry as platform players scoop up technology to give them deeper expertise in growing business areas. Thursday, Armis, a $4.2 billion specialist in cyber exposure management, said it would be acquiring Otorio, a specialist in securing industrial and physical environments. Terms of the deal are not being […]
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There seems to be a new, more impressive AI model every week. Given the rapid pace, how can founders best position themselves to build on top of this technology? At TechCrunch Sessions: AI, on June 5 in Zellerbach Hall at UC Berkeley, we’ll host a panel on “How Founders Can Build on Existing Foundational Models” […]
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As part of the iOS 18.4 software update, currently in public beta, Apple is introducing AI-powered summaries of App Store reviews. The new feature will leverage Apple Intelligence, the company’s built-in AI technology, to offer an overall summary based on the reviews others have left on the App Store. The review summaries will be generated […]
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Hyundai Motor Company and Avride have agreed to jointly develop autonomous vehicles in a tie up that will deepen the relationship between the two companies. The deal will focus on autonomous vehicle technology designed for robotaxis. The two companies will also look into other use cases for the technology, including autonomous delivery services using Avride’s […]
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London startup Quantexa has made its name over the years with an enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, it is announcing new funding of $175 million to double down on that business while also moving deeper into another hot area: using its technology to help organizations […]
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Chinese ride-hail firm Didi is on the hunt for fresh funds for its autonomous vehicle technology unit that could value it at $5 billion, according to Bloomberg News. Investor interest in self-driving cars is high in China on the backs of IPOs from WeRide and Pony AI, which have a market capitalization of $4.7 billion […]
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