Slate Auto raises $650 million in funding for affordable EV truck plan
Jeff Bezos-backed electric vehicle startup Slate Auto has raised another $650 million as it prepares to start producing its first affordable pickup truck by the end of 2026. The automaker announced Monday that the Series C funding round was led by TWG Global, a company run by Guggenheim Partners CEO Mark Walter (owner of the […]
The largest orbit calculation cluster begins operations
Despite all the hype about data centers in space, there aren’t that many GPUs out there. As that begins to change, the near-term business of orbital computing is starting to take shape. The largest compute cluster currently in orbit was launched in January by Canada’s Kepler Communications and includes about 40 Nvidia Orin edge processors […]
Company X says it is reducing payments to clickbait accounts
According to product director Nikita Beer, X is reducing payments to accounts that are “flooding timelines” with clickbait and rapid-fire news aggregation. Beer wrote on Saturday:[a]He said the Elon Musk-owned social network would cut payments to “habitual bait posters who use ‘🚨BREAKING’ in every post.” “It’s become abundantly clear: 100 stolen reposts and clickbaits flooding […]
TechCrunch Mobility: Who is poaching self-driving car talent?
Welcome to TechCrunch Mobility. A hub for learning about the future of transportation and how AI is playing a role now more than ever. To receive this in your inbox, sign up for free here. Just click on TechCrunch Mobility. Usually I do an analysis and then make a little bird (I’ve hand-picked my inside […]
From LLMs to hallucinations, here’s a simple guide to common AI terms
Artificial intelligence is a deep and convoluted world. The scientists who work in this field often rely on jargon and lingo to explain what they’re working on. As a result, we frequently have to use those technical terms in our coverage of the artificial intelligence industry. That’s why we thought it would be helpful to […]
At the HumanX conference, everyone was talking about Claude
At the HumanX AI conference in San Francisco this week, thousands of technologists gathered at the city’s Moscone Center to discuss how agent AI will change business. Agents that automate business and coding tasks are starting to be introduced across industries, primarily through chatbots for businesses and consumers. Naturally, we wanted to know which chatbots […]
Walmart’s Flipkart and Amazon are squeezing India’s quick-commerce startups
India’s quick commerce market is booming, with demand more than doubling for some players. But Flipkart and Amazon’s push for faster delivery has heightened risks in an already crowded space where profitability remains under pressure. Flipkart, one of India’s largest e-commerce players, entered quick commerce later than local rivals such as Blinkit, Swiggy and Zepto. […]
Calci wins suspension in Arizona criminal case
Arizona Attorney General Chris Mays’ lawsuit against Calci, a prediction market, appears to have hit a dead end. The Commodity Futures Trading Commission announced Friday that it had obtained a temporary restraining order to prevent the state from pursuing criminal charges against Kalsi (CEO Tarek Mansour, pictured above). “Arizona’s decision to weaponize state criminal law […]
Sam Altman responds to ‘inflammatory’ New Yorker article after home attack
OpenAI CEO Sam Altman published a blog post Friday night responding to both the apparent attack on his home and the New Yorker’s detailed profile that raises questions about his credibility. Someone allegedly threw a Molotov cocktail at Altman’s San Francisco home early Friday morning. SF Police said no one was injured in the incident, […]
Nvidia-backed SiFive open AI chip reaches $3.65 billion valuation
Founded in 2015 by UC Berkeley engineers who developed an open-source chip design, SiFive received $400 million in oversubscribed funding and an enterprise value of $3.65 billion. This deal is interesting for a number of reasons. First, SiFive’s RISC-V open chip design is based on RISC processors rather than Intel’s x86 or ARM, the two […]