Bedrock Studio is Amazon’s attempt to simplify generative AI app development

May 7, 2024

Amazon is launching a new tool, Bedrock Studio, designed to let organizations experiment with generative AI models, collaborate on those models, and ultimately build generative AI-powered apps. Available in public preview starting today, the web-based Bedrock Studio — a part of Bedrock, Amazon’s generative AI tooling and hosting platform — provides what Amazon describes in […]

© 2024 TechCrunch. All rights reserved. For personal use only.

India’s Oyo, once valued at $10 billion, seeks new funding at 70% discount

May 7, 2024

Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with the matter told TechCrunch. The startup is engaging with investors, including Malaysia’s sovereign wealth fund Khazanah, for the new funding, the sources […]

© 2024 TechCrunch. All rights reserved. For personal use only.

What we learned from the indictment of LockBit’s mastermind

May 7, 2024

On Tuesday, U.S. and U.K. authorities revealed that the mastermind behind LockBit, one of the most prolific and damaging ransomware groups in history, is a 31-year-old Russian named Dmitry Yuryevich Khoroshev, aka “LockbitSupp.” As it’s customary in these types of announcements, law enforcement published pictures of Khoroshev, as well as details of his group’s operation. […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Inside Mercury’s competitive push into software and Ramp’s potential M&A targets

May 7, 2024

Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8 a.m. PT, subscribe here. (New day and time, same awesome newsletter!) The big story Digital banking startup […]

© 2024 TechCrunch. All rights reserved. For personal use only.