SpaceX-backed startup says preorders for its $300,000 futuristic flying car have reached 2,850

Posted on March 4, 2024 by Techme101

Alef Aeronautics said preorders for its two-seater flying car, the Alef Model A, hit a fresh record, taking its total order value to date to over $850 million.

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Indonesia fintech Wagely makes bank while helping the unbanked

Posted on March 4, 2024 by Techme101

Wagely, a fintech out of Indonesia, made a name for itself with earned wage access: a way for workers in Southeast Asian countries to get advances on their salaries without resorting to higher-interest loans. With half a million people now using the platform, the startup has expanded that business into a wider “financial wellness” platform, […]
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India reverses AI stance, requires government approval for model launches

Posted on March 4, 2024 by Techme101

India has waded into global AI debate by issuing an advisory that requires tech firms to get government permission before launching new models. India’s Ministry of Electronics and IT issued the advisory to firms on Friday. The advisory, not published on public domain but a copy of which TechCrunch has reviewed, also asks tech firms […]
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Telcos are barely done rolling out 5G networks — and they’re already talking about ‘5.5G’

Posted on March 4, 2024 by Techme101

Telecom operators haven’t yet finished rolling out 5G mobile internet. They’re already talking about building “5.5G,” or “5G Advanced.”

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Waymo scores a critical robotaxi permit, Fisker cuts more workers and Apple car fades away

Posted on March 3, 2024 by Techme101

TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. I was in Los Angeles earlier this […]
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Camshaft says Byju’s unit beneficial owner of $533 million funds

Posted on March 3, 2024 by Techme101

Camshaft disclosed in court filings this week that some $533 million it managed for Byju’s Alpha, a U.S. unit of Indian edtech group Byju’s, was transferred to another 100% and U.S.-based subsidiary of Byju’s, thereby refuting allegations that the Indian firm used the wealth manager’s services to misappropriate money. In the court filings, Camshaft said […]
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Plug In South LA helps build diverse startups in a traditionally underserved area

Posted on March 3, 2024 by Techme101

Derek Smith launched Plug In South LA with goal of helping historically under represented people build successful startups.
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When startups fail, these startups clean up

Posted on March 3, 2024 by Techme101

Welcome to TechCrunch Fintech (formerly The Interchange)! Apologies for being out last week — a cold got the best of me, but I’m back and here to talk about the fact that shutting down startups is big business, Stripe’s new valuation, Klarna’s latest AI update and more. To get a roundup of TechCrunch’s biggest and […]
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Francine Bennett uses data science to make AI more responsible

Posted on March 3, 2024 by Techme101

TechCrunch has launched a series of interviews focusing on remarkable women who’ve contributed to the AI revolution.
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Apple cancels its car, Google’s AI goes awry and Bumble stumbles

Posted on March 2, 2024 by Techme101

Hello, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter covering noteworthy happenings in the tech industry. This week, investment firm KKR announced that it would acquire VMware’s end-user computing business from Broadcom for $4 billion. As Ron explains, that business included VMware Workspace One and VMware Horizon — two remote desktop apps that had […]
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