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In August, a Russian warlord posted a video on Telegram, showing a pair of Cybertrucks patrolling a road in Chechnya, armed seemingly with heavy machine guns. Leaving aside unanswerable (for now) questions about how the vehicles were obtained, Wired thought it worth digging into whether a Cybertruck actually makes sense as a “technical,” the term…
AI video generators need to believe that filmmakers will use their models in the production process. Otherwise why exist? To jump start the new AI film ecosystem, Runway has set aside $5 million in cash and more in service credits to fund up to 100 original films. If you’re an AI-curious director, now’s your chance…
Time is running out to grab savings of up to $600 on individual tickets for TechCrunch Disrupt 2024! This limited-time offer ends on September 27 at 11:59 p.m. PT, so now’s your last opportunity to score a great deal before the final countdown begins. Disrupt 2024 is the ultimate gathering for the startup world. From…
Chipmaker Qualcomm is trying to buy rival Intel, according to multiple reports. The Wall Street Journal broke the news late Friday that Qualcomm had approached Intel about a takeover. The New York Times subsequently corroborated the story, while adding that no official offer has been made. Even if there is an offer, it’s not clear…
X went back online in Brazil earlier this week, three weeks after Elon Musk’s platform was blocked under orders from Brazil’s Supreme Court. That prompted Brazil’s top court to fine X Corp. nearly $1 million for every day the platform remained accessible in the country. However, Cloudflare’s CEO Matthew Prince tells TechCrunch that X going…
23andMe, the personal genomics company, went public in early 2021 via a merger with a blank check company that valued it at $3.5 billion. Then its fortunes began to sink. Fading interest in DNA kits – 23andMe’s main product – was one driver. So was news last year that hackers stole ancestry data on 6.9…
The head of Slack, Denise Dresser, tells TechCrunch she is shifting the business chat platform into a “work operating system,” specifically by making Slack a hub for AI applications from Salesforce, Adobe, and Anthropic. The company’s CEO sees Slack as more than a place to chat with your coworkers, but do users want that? And…
AWS today announced that it is transitioning OpenSearch, its open source fork of the popular Elasticsearch search and analytics engine, to the Linux Foundation with the launch of the very aptly named OpenSearch Foundation. AWS first launched the OpenSearch project in 2021, after Elastic changed its license for its Elasticsearch and Kibana projects to its…
Insight Partners is reportedly on the cusp of on more than $10 billion in capital commitments for its 13th fund, per the FT. The FT report notes that two of Insight’s portfolio companies were acquired in the last week. One of these, the threat intelligence company Recorded Future, which sold to Mastercard for $2.65 billion,…
In early 2018, VC Mike Moritz wrote in the FT that “Silicon Valley would be wise to follow China’s lead,” noting the pace of work at tech companies was “furious” and that China offered “investment opportunities in the best companies.” Soon after, it all imploded. Worse, as the FT notes in a new piece, between…