General Catalyst, a Silicon Valley venture capital group, is expanding its presence in India by joining forces with a local venture firm and earmarking more than $500 million for investments in the world’s most populous nation. The U.S. venture capital group is merging with Venture Highway, an India-based firm whose investments include social commerce startup […]
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Like it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024. OpenAI, with its rollouts of viral services like ChatGPT and billions in funding, may have gobbled up the lion’s share of attention and money so far. But according to a new report out from top VC Accel […]
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C12 is announcing that it recently raised an €18 million funding round ($19.4 million at today’s exchange rate). Originally founded in 2020 as a spin-off from the Physics Laboratory of the École Normale Supérieure, the company has been working on a unique process to create quantum computers based on carbon nanotubes. While the concept of […]
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Ilya Sutskever, one of OpenAI’s co-founders, launches Safe Superintelligence (SSI), just a month after leaving OpenAI.
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Like many highly valued startups, SpaceX sometimes allows its employees to cash out some of their shares by selling to company-authorized outside investors. TechCrunch has gotten a peek at an internal SpaceX document about such a tender offer from May 2022. Musk posted on X last month that SpaceX holds such sales for employees about […]
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Hiya, folks, and welcome to TechCrunch’s regular AI newsletter. This week in AI, generative AI is beginning to spam up academic publishing — a discouraging new development on the disinformation front. In a post on Retraction Watch, a blog that tracks recent retractions of academic studies, assistant professors of philosophy Tomasz Żuradzk and Leszek Wroński […]
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Companies are extremely interested in generative AI as vendors push potential benefits, but turning that desire from a proof of concept into a working product is proving much more challenging.
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Here is a timeline of the events that led fledgling automaker Fisker to file for bankruptcy.
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The future of the space industry may look a lot like its past, or so believes Peter Beck, founder and CEO of Rocket Lab. At TechCrunch Disrupt 2024 in San Francisco, he’ll be explaining how full-service, vertically integrated space companies will (again) be the big winners of this evolving space economy. Rocket Lab was started […]
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Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras. In 2020, TechCrunch reported that Société Générale spent around €100 million to acquire Shine. It wasn’t a huge acquisition but it attracted quite a bit of […]
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