Tag Archives: TechCrunch

European startup funding halved to $42B in 2023, says Atomico

The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist, and one of the most acutely impacted areas has been VC funding for startups, particularly those outside the U.S. According … Continue reading

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Cradle’s AI-powered protein programming platform levels up with $24M in new funding

Biotech and AI startup Cradle is finding success with its generative approach to protein design, landing big customers and a hefty $24 million of new investment. The company exited stealth a little over a year ago, just as the hype … Continue reading

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Amazon’s iRobot purchase sucks up formal competition concerns in EU

European Union regulators have sent Amazon a formal statement of objections setting out competition concerns over its proposed acquisition of robot vacuum maker, iRobot. The step does not confirm the EU will seek to block the deal but it shows … Continue reading

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Terran Orbital sues former CTO who joined call for leadership shake-up

Terran Orbital is suing its former CTO, Austin Williams, a little over a month after he and other shareholders publicly called for a change in company leadership. Williams was a co-founder of satellite design and manufacturing company Tyvak Nano Satellite … Continue reading

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Ukraine detains Victor Zhora, former top government cyber official

Last week, the Ukrainian government fired two of its top cybersecurity officials, who are accused of embezzlement. Now, one of them has been detained. Ukraine’s senior cabinet official Taras Melnychuk announced the firings in a public post on Telegram last … Continue reading

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Reddit might once again be flirting with an IPO

Social media giant Reddit is once again reportedly testing the IPO waters. Bloomberg reported on Monday that Reddit “is holding talks with potential investors for an initial public offering.”  The San Francisco-based company, co-founded by Steve Huffman, Aaron Swartz and … Continue reading

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Meta turned a blind eye to kids on its platforms for years, unredacted lawsuit alleges

A newly unredacted version of the multi-state lawsuit against Meta alleges a troubling pattern of deception and minimization in how the company handles kids under 13 on its platforms. Internal documents appear to show that the company’s approach to this … Continue reading

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This week in AI: The OpenAI debacle shows the perils of going commercial

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we … Continue reading

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Sweden sides with Tesla, says transport agency must deliver plates or pay up

Tesla won a small battle against Swedish union workers fighting for collective bargaining rights, but the war will continue. A Swedish court ruled Monday that the country’s transport authority has to get Tesla its license plates, which are being blocked … Continue reading

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With AI chatbots, will Elon Musk and the ultra-rich replace the masses?

Elon Musk is hyping the imminent release of his ChatGPT competitor Grok, yet another example of how his entire personality is just itself a biological LLM made by ingesting all of Reddit and 4chan. Grok already seems patterned in many … Continue reading

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