Shamrock’n Weekend gives back to cancer survivors
The Shamrock’n weekend raised thousands of dollars for the Sacramento-based Triumph Cancer Foundation.
The Shamrock’n weekend raised thousands of dollars for the Sacramento-based Triumph Cancer Foundation.
Earnings presentations from four of the biggest tech companies in the world showed two very different visions of AI: the moonshot and the incremental gains.
What to know about King Charles's recent health issues, from an enlarged prostate to a cancer diagnosis.
Fans could finally get their wish and have the day after the Super Bowl be a holiday.
Some major deals on board: a Dyson stick vac for just $300, an HP laptop for $240 off and a powerful tower fan at a nearly 40%-plus markdown.
EyeEm, the Berlin-based photo-sharing community that exited last year to Spanish company Freepik after going bankrupt, is now licensing its users' photos to train AI models. Earlier this month, the company informed users via email that it was adding a new clause to its Terms & Conditions that would grant it the rights to upload users' content to "train, develop, and improve software, algorithms, and machine-learning models." Users were given 30 days to opt out by removing all their content from EyeEm's platform.
Oregon-based overland truck builder EarthCruiser has closed suddenly, ending all production and service., because of 'changing market dynamics.'
The latest to join the fray is Rio, an "AI news anchor" designed to help readers connect with the stories and topics they're most interested in from trustworthy sources. The new app, from the same team behind AI-powered audio journalism startup Curio, was first unveiled at last month's South by Southwest Festival in Austin. It has raised funding from Khosla Ventures and the head of TED, Chris Anderson, who also backed Curio.
The OpenAI Startup Fund, a venture fund related to -- but technically separate from -- OpenAI that invests in early-stage, typically AI-related companies across education, law and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and Exchange Commission, two unnamed investors contributed the $15 million in new cash on or around April 19. The paperwork was submitted on April 25, and mentions Ian Hathaway, the OpenAI Startup Fund's manager and sole partner.
The stories you need to start your day: Trump's immunity claims, the NFL draft and more in today’s edition of The Yodel newsletter
Global Founders Capital, the Berlin-based early stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. Now we know why: Going forward, it’ll exclusively invest from Rocket Internet’s balance sheet. Last year the Financial Times reported that Global Founders Capital was in the middle of a big strategic shift.
As of last weekend, Jared Birchall, who heads Musk's family office, was telling prospective investors that xAI was raising $3 billion at a $15 billion pre-money valuation. Sequoia Capital and Future Ventures, the venture fund co-founded by Musk’s longtime friend Steve Jurvetson, are participating in the round.
ICICI Bank, one of India's top private banks, exposed the sensitive data of thousands of new credit cards to customers who were not their intended recipients. The Mumbai-based bank confirmed to TechCrunch Thursday that its digital channels "erroneously mapped" about 17,000 credit cards issued in the past few days to "wrong" users. The issue came to light after some customers raised concerns on social media about the bank's iMobile Pay app exposing unknown customers' credit card details, including their full number and card verification value (CVV).
AstraZeneca CEO Pascal Soriot joined Yahoo Finance to discuss the company's earnings today.
Jeff Crowe, a senior managing partner, admitted that the investment rate in venture and certain sectors is slower than it was several years ago, but he said that dealmaking in certain strategies, sectors and geographies, such as growth equity, healthcare and India, is as robust as it was before the downturn. "We've kept a very steady pace and have delivered a number of nice exits," Crowe told TechCrunch. Not all exits were great outcomes for the firm (NVP's portfolio company VanMoof filed for bankruptcy protection), but returns from certain exits greatly outweighed the losses, according to Crowe.
Rubrik shares hit the New York Stock Exchange Thursday, debuting at $38 a share. Rubrik sells cloud-based security software to enterprise customers and has 1,700 customers with contracts worth more than $100,000 and 100 customers who pay the company more than $1 million a year. The VCs most hoping that Rubrik's stock keeps climbing are Lightspeed and Greylock.
Fantasy baseball analyst Fred Zinkie offers multiple key pieces of strategy for the final days of Week 4.
For the first time, all-wheel drive will be available on a Formula E car, which will unlock 0-60 MPH times under two seconds.
The fintech startups doing the legwork to make it a reality in smaller markets could become M&A targets for incumbents like Visa. One of these is Y Combinator alum Fintoc, a B2B fintech startup that has raised a $7 million Series A round of funding to consolidate its presence in its home country, Chile, and in Mexico, where it expanded one year ago. Fintoc's product is an API that lets online businesses accept instant payments coming directly from the customer's bank account.
Two veteran security experts are launching a startup that aims to help other makers of cybersecurity products to up their game in protecting Apple devices. Wardle then worked as an offensive security researcher for years before switching to independently researching Apple macOS defensive security. Since 2015, Wardle has developed free and open source macOS security tools under the umbrella of his Objective-See Foundation, which also organizes the Apple-centric Objective by the Sea conference.
Carv, a data layer platform that lets web3 gaming and AI companies, as well as gamers, control and monetize their data, has raised a $10 million Series A round led by Tribe Capital and IOSG Ventures. Carv's new round comes approximately five months after it received a strategic investment led by HashKey Capital. In 2022, Carv was valued at roughly $40 million when it raised a seed round led by Temasek's VC arm, Vertex Ventures.