What to expect from the coming year in AI

January 9, 2024
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Happy new year! I hope you had a relaxing break. I spent it up in the Arctic Circle skiing, going to the sauna, and playing card games with my family by…

BofA gives Ambani’s Jio Platforms a $100 billion-plus valuation

January 9, 2024

Bank of America has pinned a $107 billion valuation tag on Mukesh Ambani’s Jio Platforms, valuing the Indian telecoms and digital conglomerate 64.6% higher than the $65 billion at which it attracted the likes of Meta, Google and other technology giants in a mammoth fundraising in 2020. The valuation reassessment comes at a time when […]

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Anecdotes lands $25M to expand its governance, risk management and compliance business

January 9, 2024

Governance, risk management and compliance — GRC for short — remains one of the most active startup areas in terms of VC investments. According to Tracxn, the private market data tracker, the roughly 1,500 vendors selling GRC software had received $28.7 billion in funding as of 2021. It’s no wonder there’s such high interest. GRC […]

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Threads accidentally rolls out the feature to view latest search results

January 9, 2024

Multiple Threads users on the iOS app reported earlier today that they are seeing a new “Latest” option to sort search results on the new social network. However, the company told TechCrunch that the feature was just an internal prototype and it was rolled out by mistake. “Earlier today, an internal prototype was accidentally made […]

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After taking credibility hit, Carta announces it is exiting the secondaries business: “We have decided to prioritize trust”

January 9, 2024

Roughly 72 hours after a prominent startup customer complained that Carta was misusing information with which it was entrusted — scaring many of Carta’s tens of thousands of other customers in the process — Carta is exiting the business that landed it in trouble with the customer. Carta co-founder and CEO Henry Ward posted on […]

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Pivotal kicks off U.S. sales of its lightweight electric personal Helix aircraft

January 9, 2024

Pivotal, the Palo Alto, California-based company backed by Larry Page, kicked off online sales Monday night at CES 2024 for Helix, a lightweight electric personal aircraft that doesn’t require a pilot’s license to fly. Helix marks an evolution for Pivotal, a company previously known as Opener that has been working on lightweight electric vertical and […]

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Will.i.am’s new startup Sound Drive wants you to reboot the music industry in your car

January 9, 2024

You can spend all day long curating custom playlists for every mood, picking tracks based on tempo or intensity, but whether you’re corner-carving or just commuting you’ll never perfectly match the cadence and energy of every drive. Will.i.am, the singer and songwriter turned entrepreneur, says he has cracked the code to doing just that with […]

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Sony’s new ‘digital birth certificate’ for imaging tech smells a lot like NFTs

January 9, 2024

Sony is breaking new ground in the ongoing NFTs and content authenticity saga. At CES 2024 in Las Vegas, the conglomerate known for its electronics, gaming, and entertainment products has announced the development of an in-camera digital signature technology, which effectively creates a “birth certificate” for images captured with their devices, thereby verifying the origin […]

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