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Adobe on Thursday launched the latest iteration of its Firefly family of image generation AI models, a model for generating vectors, and a redesigned web app that houses all its AI models, plus some from its competitors. There’s also a mobile app for Firefly in the works. The new Firefly Image Model 4, Adobe says,…
Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare?…
AI coding assistant startup Windsurf cut its prices “across the board” it announced on Monday, touting “massive savings” for its users as competition with its rival Cursor intensifies. Windsurf said it’s getting rid of its complex system of “flow action credits,” which charged developers for actions its AI did in the background. It’s also cutting…
Toward the end of March, OpenAI announced its intention to release its first “open” language model since GPT‑2 sometime this year. Now, details about that model are beginning to trickle out from the company’s sessions with the AI developer community. Sources tell TechCrunch that Aidan Clark, OpenAI’s VP of research, is leading development of the open model,…
Gemini, Google’s AI chatbot, had 350 million monthly active users around the globe as of March, according to internal data revealed in Google’s ongoing antitrust suit. The Information first reported the stat. Usage of Google’s AI offerings has exploded in the last year. Gemini had just 9 million daily active users in October 2024, but…
StrictlyVC is heading to London on May 13, uniting top investors and entrepreneurs to spark meaningful connections and drive forward innovation. We’re thrilled to welcome industry leaders like Nazo Moosa, general partner at Paladin Capital Group; Sonali De Rycker, partner at Accel; and TS Anil, CEO of Monzo Bank, to the stage. Paladin is proud…
Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor…
OpenAI and The Washington Post just announced a new content partnership that will see ChatGPT summarize and link to the Post’s original reporting in its answers. This is OpenAI’s latest media partnership, with the AI giant inking deals with over 20 news publishers so far, including outlets like The Guardian and Axios. The Washington Post…
xAI’s Grok chatbot can now answer questions about what’s in view of your smartphone’s camera, similar to real-time vision features available for Google’s Gemini and ChatGPT. On Tuesday, xAI announced the launch of Grok Vision, which lets users point their phone at objects like products, signs, and documents and ask questions about them. Grok Vision…
Anysphere, maker of AI coding assistant Cursor, is growing so quickly that it’s not in the market to be sold, even to OpenAI, a source close to the company tells TechCrunch. It’s been a hot target. Cursor is one of the most popular AI-powered coding tools, and its revenue has been growing astronomically – doubling…