The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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Cruise never planned to make its own silicon. But in the quest to commercialize robotaxis — and make money doing it — those never planned pursuits can suddenly seem a lot more appealing. Cruise realized that the price of chips from suppliers was too high, the parts were too big and the reliability of the […]
Why Cruise is making its own chips, and a lot more besides by Roberto Baldwin originally published on TechCrunch
Top climate tech investments continued to diversify, showing just how deeply it’s becoming embedded into the economy.
Top climate tech deals net nearly $4B in Q3, outpacing other industries by Tim De Chant originally published on TechCrunch
At a time when startup valuations are dropping, Celonis, a German process mapping startup, stands in stark contrast with a $13 billion valuation.
With a $13B valuation, Celonis defies current startup economics by Ron Miller originally published on TechCrunch
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. […]
Even decacorns have their challenges by Mary Ann Azevedo originally published on TechCrunch
India on Sunday launched 75 digital banking units in villages and small towns across the country in a move that it said will help bring financial services and literacy to more citizens. The digital banking units, set up in collaboration with over 20 public and private banks, are brick-and-mortar outlets that are equipped with tablets […]
India launches 75 digital banking units across rural areas in financial inclusion push by Manish Singh originally published on TechCrunch
Hi, friends! It’s time for another edition of Week in Review, the newsletter where we quickly recap the most read TechCrunch stories from the past seven days. Want it in your inbox every Saturday morning? Sign up here. most read LEGS: The company formerly known as Facebook held its Meta Connect conference this week, where […]
Meta announces legs, Hulu raises prices, and Microsoft embraces DALL-E 2 by Greg Kumparak originally published on TechCrunch
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. People leave jobs for all kinds of reasons, but when it’s a CFO departing a richly valued company as the company itself conducts layoffs, the exodus can be a sign of a […]
Zombie startups by Natasha Mascarenhas originally published on TechCrunch