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On Saturday, Triplegangers CEO Oleksandr Tomchuk was alerted that his company’s ecommerce site was down. It looked to be some kind of distributed denial-of-service attack. He soon discovered the culprit was a bot from OpenAI that was relentlessly attempting to scrape his entire, enormous site. “We have over 65,000 products, each product has a page,”…
Microsoft announced a sweeping series of artificial intelligence partnerships across India’s core sectors on Wednesday, a day after pledging to invest $3 billion in the country over the next two years as it intensifies competition with rivals Google and Amazon. The tech giant’s chief executive Satya Nadella (pictured above) unveiled agreements with five major organizations…
OpenAI rival Anthropic is in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners, according to The Wall Street Journal. The round, which The Journal reports would value Anthropic at $60 billion, would bring Anthropic’s total raised to $15.7 billion, going by Crunchbase’s data. It would also…
OpenAI CEO Sam Altman says that the company is currently losing money on its $200-per-month ChatGPT Pro plan because people are using it more than expected “I personally chose the price,” Altman wrote in a series of posts on X, “and thought we would make some money.” OpenAI launched ChatGPT Pro toward the end of…
Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners who use Bench, an accounting and tax startup based in Canada that raised $113 million from investors like Bain Capital Ventures and Shopify. That morning, they found themselves unable to log…
The U.S. Federal Trade Commission (FTC) has fined accessiBe, a startup that claims to make websites more compatible with the screen readers blind people rely on to access the internet, for false advertising and compensating reviewers without disclosing that it sponsored the reviews. In a proposed order, the FTC would require accessiBe to pay $1 million…
CES 2025 kicks off January 7. The annual Las Vegas event sets the tone for the year’s consumer electronics and automotive industries. As always, TechCrunch will be there, sniffing out stories from the most exciting startups and tech giants. If you really want a piece of the action without paying for the hotel and flight,…
Nvidia will no doubt have the biggest CES 2025. After all, the company has pretty much the biggest everything nowadays. The chip giant is sporting a $3.4+ trillion market cap, due largely to its foundational position in the ongoing AI boom. Companies like OpenAI and Meta have purchased Nvidia processors by the boatload, and that’s…
When you really probe venture capitalists about investing in AI startups, they’ll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes. But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs….
Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia,…