Initialized Capital is restructuring its team to “meet the moment” in the venture market, according to a blog post from the firm’s managing partner Brett Gibson. The San Francisco-based venture capital firm, originally founded by Alexis Ohanian, Garry Tan, and Harjeet Taggar, announced yesterday that it let multiple people go and specifically named Jennifer Wolf,… Continua a leggere Initialized Capital restructures, and lets multiple partners go

We’re out-of-this-world excited to announce that we’ve finalized our dedicated Space Stage at TechCrunch Disrupt 2024. It joins Fintech, SaaS and AI as the other industry-focused stages — all under one big roof. To top it off, we’re thrilled to share we’ll be hosting a pitch competition this year called “The Space Challenge, powered by… Continua a leggere Announcing the final agenda for the Space Stage at TechCrunch Disrupt 2024

We’re incredibly excited to announce the final agenda for our dedicated Fintech Stage at TechCrunch Disrupt 2024. It joins Space, SaaS, AI and Builders as the other industry-focused stages — all under one big roof. As the fintech industry evolves, new opportunities abound for founders, investors, and customers. Areas such as mobile banking, global payroll, digital… Continua a leggere Announcing the final agenda for the Fintech Stage at TechCrunch Disrupt 2024

ElevenLabs, a startup that makes AI tools for audio applications, is being approached by existing and new investors about a new round, which could value the company as highly as $3 billion, TechCrunch has learned.  The two-year-old company specializes in making AI tools to generate synthetic voices for audiobook narrations, and for real-time video dubbing… Continua a leggere Investors are scrambling to get into ElevenLabs, which may soon be valued at $3 billion

One of the co-leads on OpenAI’s video generator, Sora, has left for Google. Tim Brooks, who was heading development on Sora with William Peebles, announced in a post on X that he’ll be joining Google DeepMind, Google’s AI research division, to work on video generation technologies and “world simulators.” “I had an amazing two years… Continua a leggere A co-lead on Sora, OpenAI’s video generator, has left for Google

Apple is planning to open four new retail stores in India and has begun manufacturing the iPhone 16 Pro models domestically, the company said as it deepens its presence in the world’s second-largest smartphone market. The U.S. tech giant plans to launch stores in Bengaluru, Pune, Delhi-NCR, and Mumbai, building on its first two Indian… Continua a leggere Apple plans four new retail stores in India

Are you confused about artificial general intelligence, or AGI? It’s that thing OpenAI is obsessed with ultimately creating in a way that “benefits all of humanity.” You may want to take them seriously since they just raised $6.6 billion to get closer to that goal. But if you’re still wondering what the heck AGI even… Continua a leggere Even the ‘godmother of AI’ has no idea what AGI is

Automattic CEO Matt Mullenweg said on Thursday that 159 employees (roughly 8.4% of staff) accepted a severance package that the company had offered to those who disagreed with his direction of WordPress and his handling of the tussle with web hosting provider WP Engine. In a blog post, Mullenweg said the package offered $30,000 or… Continua a leggere 159 employees are leaving Automattic as CEO’s fight with WP Engine escalates

Waymo has struck a deal with Hyundai to bring the IONIQ 5 EV to its robotaxi network, adding another autonomous vehicle option as it scales up its business. The autonomous vehicle company announced Friday that it expects to start on-road testing a Waymo-equipped IONIQ 5 by late 2025, with the AV becoming available to riders… Continua a leggere Waymo’s next robotaxi will be the Hyundai IONIQ 5

The European Union’s top court has sided with a privacy challenge to Meta’s data retention policies. It ruled on Friday that social networks, such as Facebook, cannot keep using people’s information for ad targeting indefinitely. The judgement could have major implications on the way Meta and other ad-funded social networks operate in the region. Limits… Continua a leggere Meta faces data retention limits on its EU ad business after top court ruling