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Category Archives: Tech
Amazon announces new AI chip as it deepens Nvidia relationship
AWS will host a computing cluster for Nvidia to use. Simultaneously, AWS announced a new chip for training AI models, an Nvidia GPU alternative.
Nvidia taps China talent for autonomous driving endeavors
Nvidia has long been involved in the development of autonomous vehicle technologies, providing the industry with graphic processing units that can perform millions of calculations simultaneously. Now the semiconductor powerhouse is stepping up its AV game by seeking a talent … Continue reading
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Amazon unveils new chips for training and running AI models
There’s a shortage of GPUs as the demand for generative AI, which is often trained and run on GPUs, grows. Nvidia’s best-performing chips are reportedly sold out until 2024. The CEO of chipmaker TSMC was less optimistic recently, suggesting that the shortage … Continue reading
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Amazon touts ‘record-breaking’ sales in kickoff to holiday shopping season
The company said the period of Nov. 17 to Cyber Monday marked its “biggest ever” holiday shopping event compared to the same 11-day stretch last year.
UK regulators say Adobe’s $20 billion Figma acquisition could harm competition
The Competition and Markets Authority said Adobe’s proposed acquisition of Figma could harm the U.K.’s digital design sector.
Dataminr, the $4B big data startup, is laying off 20% of staff today, or 150 people, as it preps to double down on AI
It’s a tough day for Dataminr, the New York-based big data unicorn last valued at $4.1 billion. TechCrunch has learned that the company — which AI and big data algorithms to provide predictive insights about news and other global events, … Continue reading
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The 2024 IPO cohort is coming into focus as Shein, Reddit prep to go public
If Shein and Reddit can do better than our miniscule tech IPO class of 2023, they could leave the sort of accelerative impact that tech startups so desperately need right now. © 2023 TechCrunch. All rights reserved. For personal use … Continue reading
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Activist fund Anson takes Twilio stake, urges board to sell
Activist investor Anson Funds is pushing for a sale or business divestiture at Twilio after building a stake in the enterprise software company.
Tumblr+ kills Post+, its ill-fated subscription offering for creators
Tumblr’s ill-fated Post+ subscription service is shutting down, the company announced late on Monday. The service, which allowed creators to paywall select content for subscribers only, will no longer be an option Tumblr users can enable as of December 1st … Continue reading
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Europol arrest hackers allegedly behind string of ransomware attacks
Europol and its international law enforcement partners have arrested five individuals who authorities accuse of involvement in a string of ransomware attacks affecting more than 1,800 victims worldwide. The arrested individuals, which include the criminal gang’s ringleader, 32, and four … Continue reading
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