President Trump on Tuesday pardoned Ross Ulbricht, the creator of the infamous dark web exchange Silk Road, which was best known as a once-thriving online marketplace for illegal drugs. Trump announced the news in a Truth Social post, saying the pardon was in honor of Ulbricht’s mother and the Libertarian movement. In 2015, a federal…
Category: TC
Global IT News, Global Security News, Hardware, Meta, Oakley, ray-ban meta, SMART Glasses, TC
Meta is building Oakley smart glasses for athletes: report
Meta’s Reality Labs is expanding its lineup of AI smart glasses with a new pair of Oakley-branded spectacles targeted at athletes, according to Bloomberg’s Mark Gurman. Bloomberg reports the new smart glasses, with which Meta seeks to capitalize on the Ray-Ban Meta’s success, will be based on Oakley’s Sphaera glasses, and will shift the camera…
Gaming, Global IT News, Global Security News, Media & Entertainment, TC
At the Microsoft Excel World Championship, selfies and a ‘hype’ tunnel
An arena. A hype tunnel, the kind through which NBA players typically streak. A competitor dressed in a jersey patterned with a six-pack abs. In a new piece, the New York Times takes readers to an event that organizers call the Microsoft Excel World Championship, a 40-minute, Las Vegas-based competition featuring 12 contestants — all…
AI, chinese ai, chinese labs, deepseek, deepseek-r1, generative ai, Global IT News, Global Security News, high flyer, Open AI, r1, reasoning model, TC
DeepSeek claims its reasoning model beats OpenAI’s o1 on certain benchmarks
Chinese AI lab DeepSeek has released an open version of DeepSeek-R1, its so-called reasoning model, that it claims performs as well as OpenAI’s o1 on certain AI benchmarks. R1 is available from the AI dev platform Hugging Face under an MIT license, meaning it can be used commercially without restrictions. According to DeepSeek, R1 beats…
AnyVision, Computer Vision, Global IT News, Global Security News, M&A, Metropolis, parking, surveillance, TC
Sources: AI vision startup Metropolis is buying Oosto (formerly known as AnyVision) for just $125M
The general hype around all things AI is not lifting all boats: certain startups continue to struggle and are looking for exits. In one of the latest developments, TechCrunch has heard from a reliable source that Metropolis, an AI-powered parking platform, is buying Oosto, the controversial computer vision company that used to be known as…
Apps, Bluesky, Global IT News, Global Security News, Social, TC, TikTok, TikTok Ban, Twitter
Bluesky launches a custom feed for vertical videos
It is the product shipping time for all social networks with TikTok’s services in the restoration phase, and the app still unavailable in the App Store and the Play Store. Bluesky said Sunday that it is launching a custom feed for vertical video in its app. Users can see a trending videos section in the explore tab…
AI, ai safety, Anthropic, defense tech, Global Security News, Government & Policy, military, North America, openai, pentagon, TC
The Pentagon says AI is speeding up its ‘kill chain’
Leading AI developers, such as OpenAI and Anthropic, are threading a delicate needle to sell software to the United States military: make the Pentagon more efficient, without letting their AI kill people. Today, their tools are not being used as weapons, but AI is giving the Department of Defense a “significant advantage” in identifying, tracking,…
AI, benchmarks, Global IT News, Global Security News, hallucinations, LLMs, Research, TC
AI isn’t very good at history, new paper finds
Top LLMs performed poorly on a high-level history test, a new paper has found. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, ai models, Biotech & Health, ChatGPT, Global IT News, Global Security News, human longevity, In Brief, openai, TC
OpenAI is trying to extend human life, with help from a longevity startup
OpenAI says it trained a new AI model called GPT-4b micro with Retro Biosciences, a longevity science startup trying to extend the human lifespan by 10 years, according to the MIT Technology Review. Retro, which is backed by Sam Altman, has been working with OpenAI for roughly a year on this research, according to the…
cyberattack, Cybersecurity, data breach, education, Exclusive, Global IT News, Global Security News, powerschool, Security, TC
Malware stole internal PowerSchool passwords from engineer’s hacked computer
The theft of a PowerSchool engineer’s passwords prior to the breach raises further doubts about the company’s security practices. © 2024 TechCrunch. All rights reserved. For personal use only.
Asia Pacific, Global Security News, Government & Policy, Social, TC, TikTok, TikTok Ban, Trump
Trump spoke to China’s President Xi about TikTok just ahead of Supreme Court ruling
Just ahead of today’s Supreme Court ruling — which saw the nation’s highest court uphold the law banning TikTok in the U.S. as of January 19 — Donald Trump posted on Truth Social that he had a “very good” phone call with China’s President Xi Jinping, which included discussion of TikTok. Though the U.S. president-elect…
Asia Pacific, Global Security News, Government & Policy, Social, TC, TikTok, TikTok Ban, Trump
Trump comments on TikTok ban
Just ahead of today’s Supreme Court ruling — which saw the nation’s highest court uphold the law banning TikTok in the U.S. as of January 19 — Donald Trump posted on Truth Social that he had a “very good” phone call with China’s President Xi Jinping, which included discussion of TikTok. In addition, the president-elect…
exits, Global IT News, Global Security News, Insight Partners, new funds, TC, Venture
New York powerhouse VC Insight Partners nabs another $12.5B after $8B in exits
Insight Partners closed another giant flagship fund after big returns in 2024. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, ai copyright, generative ai, Global IT News, Global Security News, Llama, Mark Zuckerberg, Meta, TC
In AI copyright case, Zuckerberg turns to YouTube for his defense
Meta CEO Mark Zuckerberg appears to have used YouTube and its battle to take down pirated content to defend his own company’s use of a data set containing copyrighted e-books to train AI models, newly released snippets of his deposition reveals. The deposition, which was part of a complaint submitted to the court by plaintiffs’…
Enterprise, EVs, Global IT News, Global Security News, Hindenburg Research, Nate Anderson, Nikola, short report, short selling, TC
Hindenburg Research, a short seller that targeted tech and EV companies, is closing up shop
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…
Global IT News, Global Security News, Space, space tech, Startups, stoke space, TC
Reusable rocket startup Stoke raised another massive round: $260M
Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide. © 2024 TechCrunch. All rights reserved. For personal use only.
employment, Enterprise, Global IT News, Global Security News, job hunting, Jobs, LinkedIn, recruitment, Social, TC
LinkedIn adds free AI tools for job hunters and recruiters
If you’ve ever applied or thought of applying for a job via LinkedIn, you’ll know that the experience can be immediately disheartening: Openings that look interesting typically can see hundreds or thousands of applications in a matter of hours — data that LinkedIn, a social network for the world of work, proudly exposes in its…
Elon Musk, Global IT News, Global Security News, Government & Policy, SEC, TC, Twitter, twitter/x
SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time
The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of Twitter, now called X. The SEC claims Musk failed to disclose his 5% ownership stake of Twitter in a timely manner, violating federal securities law, according to a complaint filed in federal…
Elon Musk, elon musk's x dma, Global IT News, Global Security News, Polymarket, Social, TC
Elon Musk tweets so much, people bet over $1M weekly to guess how many posts
Will Elon Musk post more than 400 tweets this week? With Polymarket, this to be one of the silliest ways people spend their money on the internet. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, ChatGPT, Global IT News, Global Security News, GPT4, Llama, Meta, TC
Meta execs obsessed over beating OpenAI’s GPT-4 internally, court filings reveal
Executives and researchers leading Meta’s AI efforts obsessed over beating OpenAI’s GPT-4 model while developing Llama 3, according to internal messages unsealed by a court on Tuesday in one of the company’s ongoing AI copyright cases, Kadrey v. Meta. “Honestly… Our goal needs to be GPT-4,” said Meta’s VP of Generative AI, Ahmad Al-Dahle, in…
Apps, china, Global IT News, Global Security News, Social, social media, social networking, TC, TikTok, TikTok Ban
TikTok users’ attempted migration to Chinese app RedNote isn’t going too well
American TikTok users have been thumbing their collective noses at the U.S. government’s decision to ban TikTok by spitefully joining another Chinese social media app, Red Note (aka Xiaohongshu), sending it to the top of the U.S. App Store on Monday. Unfortunately, many of those who already made the transition have faced problems with having…
AI, AI assistant, Apps, ChatGPT, Global IT News, Global Security News, openai, TC
ChatGPT now lets you schedule reminders and recurring tasks
Paying users of OpenAI’s ChatGPT can now ask the AI assistant to schedule reminders or recurring requests. The new beta feature, called tasks, will start rolling out to ChatGPT Plus, Team, and Pro users around the globe this week. With tasks, users can set simple reminders with ChatGPT such as, “Remind me when my passport…
Apps, Global IT News, Global Security News, Instagram, pixelfed, Social, social media, TC
Decentralized Instagram alternative Pixelfed launches mobile apps
Pixelfed, a decentralized alternative to Instagram, has launched its official mobile apps. The service today runs on the same ActivityPub protocol that powers an open source X alternative Mastodon, a YouTube competitor PeerTube, and other decentralized social apps, including now Meta’s Threads and Flipboard (plus its newer app, Surf), that are part of a growing…
Angellist, Global IT News, Global Security News, MotherDuck, Python, Supabase, TC, Venture
Powerset gives founders $1 million to invest in other startups
Powerset, founded in late 2022, is an investment program with a simple hypothesis: what if the best investors aren’t venture capitalists but other founders, scribbling off checks in between late night coding sessions and board meetings? © 2024 TechCrunch. All rights reserved. For personal use only.
Crypto, Global IT News, Global Security News, North Korea, Security, TC, WazirX
North Korea stole over $659M in crypto heists during 2024, deploys fake job seekers
A joint international statement provides the first official confirmation that North Korea was behind the $235M hack of WazirX, India’s largest cryptocurrency exchange. © 2024 TechCrunch. All rights reserved. For personal use only.
Fintech, Global IT News, Global Security News, Robinhood, SEC, TC
Robinhood agrees to pay $45M in SEC settlement
Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday. The settlement is being made via two of Robinhood’s brokerage units. One of the violations relates to Robinhood’s November 2021 confirmation that it was hacked “with…
Fintech, Global IT News, Global Security News, groww, India, IPO, TC
Groww, India’s biggest trading app, prepares for IPO
Groww, India’s largest retail stockbroker, is positioning itself to file for an IPO in 10-12 months and is seeking a valuation between $6 billion to $8 billion, sources familiar with the matter told TechCrunch, in what would be a landmark listing for the country’s fintech sector. The Bengaluru-headquartered’s listing would be the first IPO by…
Apps, Global IT News, Global Security News, Startups, TC, watch duty
Watch Duty was downloaded 2 million times during this week’s LA fires
Fire-tracking app Watch Duty has become a crucial source of information for Los Angeles residents threatened by the ongoing wildfires. As TechCrunch’s Maxwell Zeff explained, the app relies on a network of active and retired firefighters, first responders, official government reports, and volunteer reporters who monitor radio scanners to offer real-time updates on active wildfires.…
Asia Pacific, autonomous vehicles, CES, EVs, Global Security News, TC, Toyota, Transportation, Waymo, zoox
CES 2025: Self-driving cars were everywhere, plus other transportation tech trends
Even before CES 2025 kicked off a few trends began to emerge — or more accurately, some gaps appeared. All U.S. and some European automakers that have helped turn CES into an auto show were absent. Several Chinese automakers filled that void, notably Zeekr, the EV brand owned by China’s Geely Holdings. Wey, a premium…
entrepreneurs, Found, founder advice, founders, Fundraising, Global IT News, Global Security News, Startups, TC, VCs
Here are the five best pieces of founder advice I learned as a host of Found
After more than two years — and nearly 100 episodes — as a host of TechCrunch’s recently ended Found podcast, I have learned a lot about how founders approach building their startups. I’ve heard stories about how founders know when it is the right time to expand from their core product, to how startups approach…
content moderation, Global IT News, Global Security News, Government & Policy, Instagram, Meta, Social, TC, Threads, Zuckerberg
Mark Zuckerberg defends Meta’s latest pivot in three-hour Joe Rogan interview
Meta CEO Mark Zuckerberg defended his decision to scale back Meta’s content moderation policies in a Friday appearance on Joe Rogan’s podcast. Zuckerberg faced widespread criticism for the decision, including from employees inside his own company. “Probably depends on who you ask,” said Zuckerberg when asked how Meta’s updates have been received. The key updates…
Global IT News, Global Security News, Government & Policy, Social, social media, social networking, supreme court, TC, TikTok, TikTok Ban, TikTok Hearing, Trump
TikTok ban: How both sides made their case to the Supreme Court and what the justices asked
On Friday, the nation’s highest court heard arguments on whether to uphold or block a law that could effectively ban TikTok in the U.S. The bill, signed into law by President Biden in April 2024, gives TikTok’s parent company ByteDance until January 19 to divest its U.S. operations or face a ban in the country.…
Fintech, Global Security News, Government & Policy, India, Mastercard, Rupay, TC, visa
India’s payment push is cutting out Visa and Mastercard
As global regulators increase their scrutiny on Visa and Mastercard over merchant fees, India has chosen a different path: creating rival payment networks that are increasingly sidelining international card networks. The strategy builds on India’s Unified Payments Interface, known as UPI, a nine-year-old system that now processes more than 13 billion real-time transactions monthly, or…
AI, AI avatar, CES, ces 2025, Global IT News, Global Security News, nvidia, TC
Nvidia’s AI avatar sat on my computer screen and weirded me out
Nvidia unveiled a prototype AI avatar at CES 2025 that lives on your PC’s desktop. The AI assistant, R2X, looks like a video game character, and it can help you navigate apps on your computer. The R2X avatar is rendered and animated using Nvidia’s AI models, and users can run the avatar on popular LLMs…
Global IT News, Global Security News, la, la fires, la wildfires, rto, Social, social media, TC, TikTok, wfm, wildfires
TikTok tells LA staff impacted by wildfires to use personal/sick hours if they can’t work from home
Wildfires are currently devastating the greater Los Angeles area, burning over 45 square miles, torching over 1,300 structures, and putting nearly 180,000 people under evacuation orders as of Thursday. And yet, TikTok’s LA-based employees are being told to either continue their work from home or use their personal/sick days if that’s not possible, while the…
Apple Watch, Apps, CES, Gadgets, Global IT News, Global Security News, hand gestures, Hardware, interfaces, smart watch, TC
Doublepoint launches free Apple Watch app to control devices with hand gestures
Finnish startup Doublepoint launched its free app, WowMouse, for the Apple Watch this week at CES 2025. The app uses the wearable’s sensors, compass, and accelerometer to turn your hand into a mouse that can control devices through hand gestures. The Apple Watch already uses a similar technology for the double tap feature it released…
AI, CES, ces 2025, Elon Musk, generative ai, Global IT News, Global Security News, synthetic data, TC, training data
Elon Musk agrees that we’ve exhausted AI training data
Elon Musk concurs with other AI experts that there’s little real-world data left to train AI models on. “We’ve now exhausted basically the cumulative sum of human knowledge …. in AI training,” Musk said during a live-streamed conversation with Stagwell chairman Mark Penn streamed on X late Wednesday. “That happened basically last year.” Musk, who…
Diablo 4, Elon Musk, Gaming, Global IT News, Global Security News, TC
Gamers can’t fathom how 6x CEO Elon Musk found time to best Diablo IV
On October 16 and November 20, Elon Musk tweeted videos of himself clearing the highest level of the Diablo IV video game in about 2 minutes. While Diablo IV has been out since mid-2023, the latest “season,” called The Pit, launched on October 7. Many asked: How did he find the time to do it…
AI, AI device, AI wearable, Global IT News, Global Security News, TC
Omi, a competitor to Friend, wants to boost your productivity using AI and a ‘brain interface’
San Francisco startup Based Hardware announced the launch of a new AI wearable, Omi, to boost productivity during the Consumer Electronic Show in Las Vegas this week. The device can be worn as a necklace where Omi’s AI assistant can be activated by saying “Hey Omi.” The startup also claims Omi can be attached to…
AI, Global IT News, Global Security News, openai, sam altman, TC
Sam Altman’s family responds to lawsuit alleging he sexually assaulted his sister
OpenAI CEO Sam Altman responded to sexual assault accusations from his estranged younger sister on Tuesday, calling the claims “entirely untrue.” According to the Saint Louis Post Dispatch, in a new lawsuit filed Monday, Annie Altman alleges her older brother sexually assaulted her over a nine-year period in the 1990s and 2000s. The suit echoes…
Global IT News, Global Security News, journalism, Media & Entertainment, News, Social, TC, X
X hires former WSJ editor and bureau chief to lead news group
X, formerly Twitter, wants to make its platform a home to the future and news and journalism. On that front, the company has now hired John Stoll, a former editor and Detroit bureau chief at The Wall Street Journal to lead its news group and partnership team at X. The hiring news was announced on…
Blue Origin, Global IT News, Global Security News, NASA, Space, SpaceX, TC
TechCrunch Space: New year, new milestones
Hi, and welcome back to TechCrunch Space. Happy New Year! And…surprise!: This will be the last edition of TechCrunch Space for the foreseeable future. I know, it’s a bummer. But fear not: We’ll still be reporting on space startups, so I hope you’ll stay tuned. And there will certainly be a lot to cover. This…
ces 2025, food tech, Gadgets, Global IT News, Global Security News, TC
Kirin offers a taste of its electric salt spoon at CES 2025
On the first night of CES 2025, Kirin Holdings, a Japanese company known for its beer and beverages, showed off its new electronic spoon that makes your food taste saltier. The company says its spoon uses a weak electric current to concentrate sodium ion molecules in your food, adding a stronger umami and salt flavor…
Accel India, Anand Daniel, Global IT News, Global Security News, India, Shekhar Kirani, TC, Venture
Accel could raise billions for India, but it’s sticking to $650 million
Accel has maintained its India fund size at $650 million for its eighth vehicle, even as other venture firms in the region are racing to raise increasingly larger pools of capital. The firm had ample opportunity to raise “multi-billion dollars,” said Shekhar Kirani, partner at Accel, in an interview with TechCrunch. But unlike peers who…
CES, ces 2025, Global IT News, Global Security News, Hardware, Starlink, TC, United Airlines
United Airlines accelerates its Starlink rollout, with first commercial flight planned for spring
A few months ago, United Airlines announced its deal with Starlink to offer in-flight internet access for its passengers. At the time, the airline said it would start testing the new service in early 2024 and then offer it on passenger flights later in the year. United has now accelerated this timeline a bit, with…
Global IT News, Global Security News, Space, SpaceX, Starlink, Starship, TC
New ship, new year: SpaceX to deploy model Starlink satellites on next Starship launch
SpaceX is significantly upping the ante of its Starship test flight program, with the next rocket launch expected to demonstrate payload deployment for the first time. The payload in question will be 10 Starlink “simulators” that will be similar in size and weight to the next-gen satellites SpaceX plans to use Starship to deploy in…
Global Security News, Government & Policy, Mark Zuckerberg, Meta, Policy, TC
Meta policy chief Nick Clegg steps down
The President of Meta’s Global Affairs team, Nick Clegg, is stepping down from his position at the company, the executive announced in a tweet on Thursday. Clegg, Meta’s politically centrist policy chief since 2018, will be replaced by one of the company’s most prominent Republican executives, Joel Kaplan. Clegg noted on X that Kaplan is…
Fundraising, Global IT News, Global Security News, Space, SpaceX, TC
Internal SpaceX documents show the sweet stock deals offered to investors like a16z, Gigafund
Like many highly valued startups, SpaceX sometimes allows its employees to cash out some of their shares by selling to company-authorized outside investors. TechCrunch has gotten a peek at an internal SpaceX document about such a tender offer from May 2022. Musk posted on X last month that SpaceX holds such sales for employees about…
AI, AI doom, ai safety, Global IT News, Global Security News, Government & Policy, SB 1047, TC
Silicon Valley stifled the AI doom movement in 2024
For several years now, technologists have rung alarm bells about the potential for advanced AI systems to cause catastrophic damage to the human race. But in 2024, those warning calls were drowned out by a practical and prosperous vision of generative AI promoted by the tech industry – a vision that also benefited their wallets.…
Elon Musk, Global IT News, Global Security News, Government & Policy, Social, TC, Twitter, X
Elon Musk’s pro-Trump critics claim they’re being censored on X
Conservative activists claim X is censoring them for being critical of its owner, Elon Musk. © 2024 TechCrunch. All rights reserved. For personal use only.
a16z, AI, Carecode, Fundraising, Global IT News, Global Security News, QED, Startups, TC
Backed by a16z and QED, Brazilian startup Carecode puts AI agents to work on healthcare
AI holds huge promise for healthcare, but not just on the medical side; many startups are convinced machine learning-based systems can do a lot of good on adjacent tasks such as appointment scheduling and confirmations. Brazilian startup Carecode is among these AI believers. It’s coming out of stealth with an ambition to reduce healthcare costs…
Global IT News, Global Security News, humanoid, Jetson Thor, nvidia, TC, Tesla
Nvidia’s next move: powering humanoid robots
The chipmaking giant Nvidia is leaning more heavily into robotics in 2025. More specifically, it’s launching a new generation of compact computers for humanoid robots, called Jetson Thor, in the first half of the new year, confims the Financial Times. The move, which was expected, is part of an evolving, years-long strategy. Back in March,…
blockchain Association, defi education fund, Global IT News, Global Security News, irs, TC, Texas Blockchain Council
Crypto industry groups sue IRS over broker reporting rule
Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are suing the Internal Revenue Service to block new regulations that require decentralized finance (DeFi) entities to report customer information. The IRS has been finalizing crypto tax regulations as part of the Biden Administration’s Infrastructure Investment and…
astrobotic, Boeing, Global IT News, Global Security News, Intuitive Machines, NASA, Polaris Dawn, Rocket Lab, Space, SpaceX, spacex starship, starliner, TC
Revisiting the biggest moments in the space industry in 2024
We are at the dawn of a new space age. If you doubt, simply look back at the last year: From SpaceX’s historic catch of the Super Heavy booster to the record-breaking number of lunar landing attempts, this year was full of historic and ambitious missions and demonstrations. We’re taking a look back at the…
AI, ChatGPT, Global IT News, Global Security News, major outage, openai, Outage, service disruption, TC
ChatGPT and Sora are down for the second time this month
ChatGPT, Sora, and OpenAI’s developer-facing API went down Thursday for an hour and counting. OpenAI says it started experiencing a major outage at 11 AM PT, and the services still appear to be down at the time of publishing this article, around 12:40 PM PT. Frequent users of ChatGPT may recall that the service went…
AGI, AI, ChatGPT, Global IT News, Global Security News, In Brief, Microsoft, openai, TC
Microsoft and OpenAI have a financial definition of AGI: report
Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup’s profits, according to a new report from The Information. And by this definition, OpenAI is many years away from reaching it. The two companies reportedly signed an agreement last year stating OpenAI has only achieved AGI when…
cash management, early stage funding, Global IT News, Global Security News, pre-seed funding, TC, Venture
Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC
While most seed investors believe founders should spend their raised cash however they want to, those VCs will still be judging founders’ cash management. © 2024 TechCrunch. All rights reserved. For personal use only.
Global Security News, India, PharmEasy, Prosus Ventures, Startups, TC, Valuation Markdown
PharmEasy’s $5.6 billion value shrinks to $456 million, investor data shows
Indian online pharmacy PharmEasy’s valuation now stands at about $456 million, according to disclosures from its investor Janus Henderson, a 92% drop from its peak valuation of $5.6 billion. The British American global asset firm’s Global Research Fund values its holding of 12.9 million shares in PharmEasy at $766,043, according to its latest filing for…
Global IT News, Global Security News, pay, pre-seed, salaries, Seed, Startups, TC, tech startups
$132K – $149K, here’s what seed-stage founders pay early employees, based on data
Once a startup has raised its seed round, the perennial question becomes how much should the founders pay themselves and their first few employees? Kruze Consulting, a CPA firm that specializes in venture-backed startups, recently analyzed average salary ranges for over 450 seed-stage startups and shared that data with TechCrunch. The following averages are based…
AI, ai models, AI reasoning models, ChatGPT, Global IT News, Global Security News, o3, openai, Startups, TC
OpenAI’s o3 suggests AI models are scaling in new ways — but so are the costs
Last month, AI founders and investors told TechCrunch that we’re now in the “second era of scaling laws,” noting how established methods of improving AI models were showing diminishing returns. One promising new method they suggested could keep gains was “test-time scaling,” which seems to be what’s behind the performance of OpenAI’s o3 model –…
AI, Aporia, Coralogix, Enterprise, Global IT News, Global Security News, Startups, TC
Coralogix acquires AI observability platform Aporia
Coralogix, the well-funded observability platform, on Monday announced that it has acquired Aporia, a startup that focuses on giving businesses tools to observe and secure their AI workloads, as well as set guardrails for them to avoid hallucinations or unintended disclosures. As part of this acquisition, Coralogix will launch a dedicated AI research center, Coralogix…
Elon Musk, Global IT News, Global Security News, Social, TC, Twitter, X Premium+
X jacks up Premium+ prices 37.5%, hits some markets harder
X is raising prices for its top-tier subscription service by 37.5%, marking the largest price increase since the platform’s acquisition by Elon Musk in 2022. The Premium+ service will cost $22 monthly in the U.S., up from $16, effective December 21, according to a company statement. Annual subscriptions will increase to $229 from $168. X…
AI, ai alignment, AI research, ai safety, ChatGPT, Global IT News, Global Security News, openai, TC
OpenAI trained o1 and o3 to ‘think’ about its safety policy
OpenAI announced a new family of AI reasoning models on Friday, o3, which the startup claims to be more advanced than o1 or anything else it’s released. These improvements appear to have come from scaling test-time compute, something we wrote about last month, but OpenAI also says it used a new safety paradigm to train…
AI, ChatGPT, Global IT News, Global Security News, openai, TC
OpenAI announces new o3 model
OpenAI announced a new o3 model on Friday. In a tweet ahead of its final livestream for its “12 Days of OpenAI” event, the company confirmed previous reports that it is skipping o2 due to copyright concerns, and is releasing early evals for the o3 model. It appears to be a successor to its o1…
agi house, AI, early stage, Global IT News, Global Security News, openai, South Korea, TC, Venture
‘Genius Girl’ goes from inspiring a Korean TV show character to raising a $100 million AI fund
Principle Venture Partners will write early-stage checks anywhere from $100,000 to “single digit millions.” © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Global IT News, Global Security News, openai, sam altman, Sequoia, TC, Venture
Sam Altman once owned some equity in OpenAI through Sequoia
OpenAI CEO Sam Altman sat before Congress in 2023 to testify about the dangers of AI. He told American lawmakers at the time that he owns no equity in OpenAI, something he’s said many times, claiming he just runs the company because he loves it. However, Altman recently said he actually did have some equity…
Global IT News, Global Security News, Space, TC
K2 Space will fly its extra-large satellite for the first time in 2026
K2 Space is betting that the future of the space hardware will be big — really big. The startup is building massive spacecraft under the assumption that launch costs will continue to drop as SpaceX’s Starship and other heavy-lift vehicles come online. It looks like the Space Force is taking up their side of that…
android apps, app ecosystem, app store, appfigures, Apple, Apps, Global Security News, Google Play, iOS apps, TC
App downloads decline 2.3% in 2024, but consumer spending grows to $127B
The global app economy continued to recover in 2024, after an earlier slowdown in 2022 — at least in terms of consumer spending. In 2024, global consumer spending in mobile apps and games reached $127 billion across the App Store and Google Play, up 15.7% from the prior year. However, those increases were driven by…
AI, ChatGPT, Global IT News, Global Security News, newsletter, openai, TC, this week in AI, this week in ai newsletter
Who wants ‘Her’-like AI that gets stuff wrong?
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, smash the link and sign up here. Last week, OpenAI launched Advanced Voice Mode with Vision, which feeds real-time video to ChatGPT, allowing the chatbot to “see” beyond the confines of its app layer. The premise is that…
AI, Copilot, Enterprise, free, GitHub, GitHub Copilot, Global IT News, Global Security News, TC
GitHub launches a free version of its Copilot
Microsoft-owned GitHub today announced a free version of its popular Copilot code completion/AI pair programming tool, which will also now ship by default with Microsoft’s popular VS Code editor. Until now, most developers had to pay a monthly fee, starting at $10 per month, with only verified students, teachers, and open source maintainers getting free…
AI, animation, Creative, Explorer, film, Funding, generative ai, Global IT News, Global Security News, Media & Entertainment, odyssey, Pixar, TC, tool, world models
AI startup Oddysee’s new tool can generate photorealistic 3D worlds
Odyssey, a startup founded by self-driving pioneers Oliver Cameron and Jeff Hawke, is developing an AI-powered tool that can transform text or an image into a 3D rendering. The tool, dubbed Explorer, is similar in some ways to the so-called world models recently demoed by DeepMind, World Labs, and Israeli upstart Decart. Given a caption like “A…
AI, Exclusive, Fundraising, Global IT News, Global Security News, Gusto, Hauler Hero, SaaS, servicetitan, Startups, TC, waste management
Hauler Hero wants to bring waste management software into the 21st century
After nearly four years of working in sales at tradesperson software company ServiceTitan, Mark Hoadley (pictured above) was looking for a change and to potentially start something of his own in a similar industry. Hoadley’s brother-in-law, and now co-founder, Ben Sikma, was working on M&A in the waste management space at the time. Sikma discovered…
activitypub, Apps, at proto, Bluesky, fediverse, flipboard, Global IT News, Global Security News, Mastodon, open social web, Social, social media, surf, TC
Flipboard lauches Surf, a new app for browing the open social web
Social magazine app maker Flipboard is reinventing itself for the new era of the open social web. While the company’s original app allowed users to collect content from blogs, news websites, and traditional social media services like Facebook and Twitter in order to create curated magazines, its new app called Surf, launching into invite-only beta…
Databricks, Exclusive, Global IT News, Global Security News, Insight Partners, TC, Venture
Insight VC describes Databricks’ wild $10B deal and the bad advice the CEO ignored
It’s been a wild week for investors clawing their way into Databricks’ record-breaking $10 billion fund raising, one of the VCs told TechCrunch. © 2024 TechCrunch. All rights reserved. For personal use only.
block, bob lee, Cash App, Fintech, Global IT News, Global Security News, TC
Bob Lee verdict: Cash App creator’s killer found guilty of second-degree murder
A San Francisco jury has found Nima Momeni guilty of second-degree murder in the stabbing of Bob Lee, the Cash App creator and former CTO of Block, according to NBC News Bay Area on Tuesday. The jury found Momeni not guilty of first-degree murder, meaning jurors decided the murder of Lee was not premeditated. Lee…
block, bob lee, Cash App, Fintech, Global IT News, Global Security News, TC
Cash App creator Bob Lee’s killer found guilty of second-degree murder
A San Francisco jury has found Nima Momeni guilty of second-degree murder in the stabbing death of Bob Lee, the Cash App creator and former CTO of Block, according to NBC News Bay Area on Tuesday. The jury found Momeni not guilty of first-degree murder, meaning jurors decided the murder of Lee was not premeditated.…
celebrity VCs, Exclusive, Global IT News, Global Security News, stephen curry, TC, Venture
Stephen Curry’s Penny Jar Capital files to raise a Fund II
Penny Jar Capital is the early-stage firm founded by Bryant Barr and Richard Scudellari and where basketball star Stephen Curry serves as a special advisor. © 2024 TechCrunch. All rights reserved. For personal use only.
Apps, Automattic, Enterprise, Global IT News, Global Security News, In Brief, pineapple pizza, TC, wordpress
Pineapple on pizza is delicious — and if you disagree, you can’t log in to WordPress.org
There are few matters in life that divide a room more than the prudence of putting pineapple on pizza. But if you’re of the persuasion that tropical fruit has no place on a pie, you’ll have to swallow a bitter pill — if you want to access the WordPress.org developer portal and forum, at least.…
adam mosseri, Apps, Global IT News, Global Security News, Mark Zuckerberg, Meta, Social, TC, Threads
Mark Zuckerberg says Threads now has 100M daily active users
Meta’s X rival Threads is growing steadily with more than 100 million people using the service daily, the company’s CEO Mark Zuckerberg said Monday. Zuckerberg also noted that Threads now has 300 million monthly active users, up from 275 million monthly active users in November. While Meta has regularly released updated numbers about monthly active…
Blue Origin, Fleet Space Technologies, Global IT News, Global Security News, NASA, Space, TC, TC Space
TechCrunch Space: Sayonara
Hello and welcome back to TechCrunch Space. This will be the final TechCrunch Space newsletter you receive in 2024, so to all our readers, have a wonderful holiday and see you next year. There’s a lot to look forward to next year. I expect to see much more progress from SpaceX on Starship, big changes…
Enterprise, Global IT News, Global Security News, Google, Google India, India, Preeti Lobana, Sanjay Gupta, TC
Google names new India chief
Google has appointed Preeti Lobana to lead its India business, filling a key position that had been vacant since Sanjay Gupta’s promotion to Asia-Pacific president in July. Lobana, who was vice president of advertising technology at Google, takes over as the company pushes its AI products in India amid intensifying competition in the digital market.…
Global IT News, Global Security News, Media & Entertainment, Startups, TC
Revisiting 19th-century Paris with VR
While I have fond memories of past efforts to combine VR content with real-world locations, I’d assumed the pandemic had put those ambitions to an end. If I wanted VR in 2024, I thought I’d have to buy a headset, and it would be a largely solitary experience at home or in the office —…
AI, david sacks, Donald Trump, Elon Musk, Global IT News, Global Security News, Government & Policy, Marc Andreessen, TC
Trump’s Silicon Valley advisers have AI ‘censorship’ in their crosshairs
President-elect Donald Trump has surrounded himself with Silicon Valley entrepreneurs — including Elon Musk, Marc Andreessen, and David Sacks — who are now advising him on technology and other issues. When it comes to AI, this crew of technologists is fairly aligned on the need for rapid development and adoption of AI throughout the U.S.…
AI, AI chatbots, generative ai, Global IT News, Global Security News, hiring, Klarna, TC
Klarna’s CEO says it stopped hiring thanks to AI but still advertises many open positions
Klarna CEO Sebastian Siemiatkowski recently told Bloomberg TV that his company essentially stopped hiring a year ago and credited generative AI for enabling this massive workforce reduction. However, despite Siemiatkowski’s bullishness on AI, the company is not relying entirely on AI to replace human workers who leave, as open job listings — for more humans…
AI, Global IT News, Global Security News, openai, TC
OpenAI whistleblower found dead in San Francisco apartment
A former OpenAI employee, Suchir Balaji, was recently found dead in his San Francisco apartment, according to the San Francisco Office of the Chief Medical Examiner. In October, the 26-year-old AI researcher raised concerns about OpenAI breaking copyright law when he was interviewed by The New York Times. “The Office of the Chief Medical Examiner…
AI, content moderation, Global IT News, Global Security News, Pavel Durov, social media, TC, Telegram
AI helps Telegram remove 15 million suspect groups and channels in 2024
Telegram launched a new page touting its moderation efforts, which have spiked since its founder’s arrest. © 2024 TechCrunch. All rights reserved. For personal use only.
climate tech, defense tech, Global IT News, Global Security News, LLMs, space technology, Startups, TC
The 51 most disruptive startups of 2024
These startups have fascinating new technologies, business models, founder stories or are pushing an industry forward in exciting ways. © 2024 TechCrunch. All rights reserved. For personal use only.