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Tag Archives: TechCrunch
Ford delays $12B in EV investments as automaker wrestles with demand
Ford is delaying about $12 billion in planned investments on EVs, including construction of a second battery plant with joint venture partner SK On due to softening demand for higher priced premium electric vehicles. CFO John Lawler emphasized Thursday during … Continue reading
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Magic Leap’s new CEO is a Bain Capital exec
Five weeks ago, Magic Leap CEO Peggy Johnson joined me onstage at Disrupt. Much of the conversation focused on the augmented reality hardware company’s full pivot into enterprise applications with the Magic Leap 2. Johnson, a former Microsoft and Qualcomm … Continue reading
Soundboks is scaling high-volume, high-energy speakers across borders and cultures
Norway-based Soundboks just released its latest $1,000 Bluetooth speaker. Now in its fourth generation, the latest Soundboks speaker is just like the older models: it’s a large, unabashed black box designed to withstand a rowdy, off-the-grid weekend of music. While … Continue reading
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SBF testifying, bitcoin rises amid spot ETF speculation and Walmart’s web3 accelerator surfaces
It’s week four of the Sam Bankman-Fried trial…and he’s taking the stand today at 2 p.m. So keep an eye out for additional coverage. © 2023 TechCrunch. All rights reserved. For personal use only.
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ABL Space Systems provides update on the road to second RS1 launch
ABL Space Systems has been quiet since the company conducted its first launch attempt in January, which resulted in the rocket crashing back down to Earth a little over 10 seconds after lift-off. Now we know why: they have been … Continue reading
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Threads isn’t dead and it now has polls and GIFs too
Meta’s X rival, Instagram Threads, is copying a couple more X features today with the launch of support for polls and GIFs. The update comes in rapid succession to other releases for the new app, which have included support for … Continue reading
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There could be a simple reason why seed deals are so expensive today
It seems that as long as rapid revenue growth is possible in the earliest stages of startup life, valuations are going to be strong. © 2023 TechCrunch. All rights reserved. For personal use only.
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OpenAI forms team to study ‘catastrophic’ AI risks, including nuclear threats
OpenAI today announced that it’s created a new team to assess, evaluate and probe AI models to protect against what it describes as “catastrophic risks.” The team, called Preparedness, will be led by Aleksander Madry, the director of MIT’s Center … Continue reading
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Stealthy social commerce startup taps into Meta roots to create AI-first brand messaging
Nectar AI will help brands find new ways to personally engage and convert consumers where they spend the most time. © 2023 TechCrunch. All rights reserved. For personal use only.
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Spam is about to get even more terrible
As artificial intelligence continues to evolve, it’s becoming more adept at generating human-like text. © 2023 TechCrunch. All rights reserved. For personal use only.