Technology

Redwood Materials lands $2B conditional loan from DOE

February 9, 2023

Battery materials and recycling startup Redwood Materials has secured a conditional commitment for a $2 billion loan from the Department of Energy as part of the Biden Administration’s bid to build up a supply chain for EVs in the United States. The conditional commitment from DOE’s loan program office, which was announced Thursday, is part […]

Redwood Materials lands $2B conditional loan from DOE by Kirsten Korosec originally published on TechCrunch

GM locks in exclusive semiconductor chip production with GlobalFoundries

February 9, 2023

Automakers have struggled in recent years to secure the semiconductor chips needed in today’s modern and increasingly tech-laden vehicles. The shortage has chipped away at profits, periodically idled factories and left automakers with unfinished vehicles that consumers are ready to buy. Now, GM has struck a deal with Globalfoundries to alleviate that problem. The two […]

GM locks in exclusive semiconductor chip production with GlobalFoundries by Kirsten Korosec originally published on TechCrunch

Amex and Microsoft turn to AI to make expense reports less horrible

February 9, 2023

ChatGPT is getting all the attention as of late, but modern AI technologies have a range of use cases beyond finally making Bing useful. One emerging trend is putting AI to work to aid with the frustrating and laborious task of filing and auditing corporate expense reports. Today, Microsoft and American Express announced a deal […]

Amex and Microsoft turn to AI to make expense reports less horrible by Sarah Perez originally published on TechCrunch

GitLab to reduce workforce by 7%

February 9, 2023

GitLab is the latest tech company to announce a round of layoffs, as the developer operations (DevOps) giant revealed today that it’s reducing its headcount by 7 percent. It has been a tough 2023 so far for the technology industry, with most of the big tech companies announcing staff cutbacks, including Microsoft, Alphabet, and Salesforce. […]

GitLab to reduce workforce by 7% by Paul Sawers originally published on TechCrunch

Amid ChatGPT frenzy, a hundred followers bloom in China

February 9, 2023

Technological breakthroughs in the U.S. never fail to inspire challengers, followers and opportunists in China. It’s ChatGPT’s turn to capture the imagination of the world’s largest internet population. On WeChat, ChatGPT’s “trending index”, an indicator of a keyword’s popularity on the social network, rose 155 folds within the last 30 days. It’s fascinating to watch […]

Amid ChatGPT frenzy, a hundred followers bloom in China by Rita Liao originally published on TechCrunch

The Download: ChatGPT’s origins, and making cement greener

February 9, 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. ChatGPT is everywhere. Here’s where it came from We’ve reached peak ChatGPT. Released in December as a web app by the San Francisco–based firm OpenAI, the chatbot exploded into the mainstream almost overnight. …

Arrcus snaps up $50M for a software-based alternative to costly network router equipment

February 9, 2023

Software may be eating the world, but it’s all still largely running across very physical, and often very expensive, equipment. That is now slowly starting to change, though. Today, a startup called Arrcus — which has built a software alternative for carriers and other major connectivity users looking for more flexible, and cheaper solutions to […]

Arrcus snaps up $50M for a software-based alternative to costly network router equipment by Ingrid Lunden originally published on TechCrunch