Michael Bloomberg Was the Top Philanthropist in the U.S. Last Year: ‘I’ve Been Very Lucky’
Bloomberg topped the list, which also features Warren Buffett and Mark Zuckerberg, for the second consecutive year.
Tern AI’s low-cost GPS alternative actually works
We’ve all experienced that moment of frustration when the GPS glitches and you miss an exit on the highway. The team at Tern AI, which is building a low-cost GPS alternative, says that’s because the current technology is limited by its reliance on satellite positioning. Tern AI says it has figured out how to locate […]
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Amazon reportedly forms a new agentic AI group
Amazon has formed a new group within AWS dedicated to creating AI agents, systems that help people automate parts of their lives, Reuters reported on Tuesday. In an email to staff seen by Reuters, AWS CEO Matt Garman said agentic AI has the potential to be “the next multi-billion business for AWS.” A longtime AWS […]
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X updates Communities with new filters, sorting options, and a way to see your own posts
X is bringing more attention to Communities, a feature that allows X users to connect and engage in discussions around a given topic, similar to how it’s done on Reddit. Today, tabs to access popular Communities are pinned to the top of the app’s homepage alongside your For You feed and other Lists. Now, you’ll […]
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African VC LoftyInc Capital launches third fund for seed and Series A, reaches $43M first close
One of Africa’s most active investors, known for early bets on unicorns like Flutterwave, Andela, and Wave, has secured fresh capital to invest in startups across the continent. This comes as funding deals and volumes in Africa saw only a slight dip last year, according to a report by VC firm Partech. LoftyInc Capital, which […]
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Andy Dunn’s new app Pie uses AI to help you make friends
“We’re a long way from pants,” Andy Dunn, founder of online fashion retailer Bonobos, told TechCrunch. Now, the former CEO is taking on a completely different challenge: he wants to help people make friends. Dunn’s newest venture, Pie, is a social app focused on bringing people together in real life. With an $11.5 million Series […]
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Foundation Capital, an early backer of Solana and Cerebras, raises $600M fund
Foundation Capital has come a long way since it was forced to scale down its fund size from $750 million in 2008 to $282 million (its sixth main fund) in 2013. On Tuesday, the 30-year-old firm announced that it raised a $600 million eleventh flagship fund, which is 20% larger than the predecessor $500 million […]
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President Donald Trump Just Implemented 25% Tariffs on Canada and Mexico. Here’s What We Know So Far.
Here’s why Trump is implementing tariffs and how it will affect consumers in the U.S.
Klarna CEO doubts that other companies will replace Salesforce with AI
The founder and CEO of IPO-bound fintech Klarna took to X to once again explain why his company ditched Salesforce’s flagship CRM product about a year ago in favor of its own homegrown AI system. But this time, Sebastian Siemiatkowski emphasized that he doesn’t think others will — or should — follow his lead. “I […]
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Amazon is reportedly developing its own AI ‘reasoning’ model
Amazon reportedly wants to get in on the AI “reasoning” model game. According to Business Insider, Amazon is developing an AI model that incorporates advanced “reasoning” capabilities, similar to models like OpenAI’s o3-mini and Chinese AI lab DeepSeek’s R1. The model may launch as soon as June under Amazon’s Nova brand, which the company introduced […]
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Google still limits how Gemini answers political questions
While several of Google’s rivals, including OpenAI, have tweaked their AI chatbots to discuss politically sensitive subjects in recent months, Google appears to be embracing a more conservative approach. When asked to answer certain political questions, Google’s AI-powered chatbot, Gemini, often says it “can’t help with responses on elections and political figures right now,” TechCrunch’s […]
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