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The AI startup market is sprawling, from companies looking to develop new chips, to those using AI to build robots, to others looking to use AI to create niche solutions for industry-specific workflows. There are a lot of potential areas for venture capitalists to invest in, but there are clearly a few subsectors they are…
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, Microsoft’s backing of OpenAI and Amazon and Alphabet/Google’s partnerships with Anthropic. “The FTC’s report sheds light on how partnerships by big tech firms can create lock-in,…
Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations Friday. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe…
A new AI orchestration startup from the founders of Lithuanian unicorn Nord Security is setting out to help enterprises put their AI projects into production, with an initial focus on bringing greater visibility, security and adaptability to large language models (LLMs). Nexos.ai, as the startup is called, is the handiwork of Tomas Okmanas (pictured above)…
When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy…
For years, Vyas Sekar would call up Muckai Girish, an old friend from undergrad, to talk through potential startup ideas and get Girish’s opinion. The two usually talked through an idea and ended the conversation at that. When Sekar called Girish with an idea involving synthetic data in early 2022, the conversation didn’t just end…
As the world continues to work through how to handle the explosion of deepfake content online, it seems that not all AI-created videos are stirring controversy. Synthesia, a London startup building products around highly realistic AI avatar technology, says it’s a big hit with enterprises, with some 60,000 of them — 1 million users —…
For years, twin sisters Nilo Rahmani and Jen Rahmani swapped stories — and commiserated — over the pain points they were facing in their respective engineering jobs. Nilo told TechCrunch that a frequent topic of conversation was about frustrations over the reliability platforms they were using at work. When they noticed the reliability landscape starting…
Automattic CEO and WordPress co-creator Matt Mullenweg has deactivated the accounts of several WordPress.org community members, two of whom he says planned to spearhead a new fork of the open source WordPress project. While community criticism of WordPress’s governance isn’t new, the latest brouhaha kicked off back in September when Mullenweg publicly chastised WP Engine, a…
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,…