Grammarly acquires productivity startup Coda, brings on new CEO

Grammarly is acquiring productivity startup Coda, the company announced on Tuesday. As part of the deal, Coda’s CEO and co-founder Shishir Mehrotra will become the new CEO of Grammarly. The financial terms of the deal were not disclosed. The acquisition will help turn Grammarly’s AI assistant into an “AI productivity platform” thanks to the addition… Continua a leggere Grammarly acquires productivity startup Coda, brings on new CEO

OpenAI brings its o1 reasoning model to its API — for certain developers

OpenAI is bringing o1, its “reasoning” AI model, to its API — but only for certain developers, to start. Starting Tuesday, o1 will begin rolling out to devs in OpenAI’s “tier 5” usage category, the company said. To qualify for tier 5, developers have to spend at least $1,000 with OpenAI and have an account… Continua a leggere OpenAI brings its o1 reasoning model to its API — for certain developers

Google joins $90M investment into Cassava to bolster Africa’s digital infrastructure

With cloud spend continuing to surge, tech companies are scrambling to meet demand for the necessary infrastructure, with the growing need for AI compute only adding fuel to the fire. By way of example, Microsoft and BlackRock have created a $30 billion fund to support new data centers and energy infrastructure for the burgeoning AI… Continua a leggere Google joins $90M investment into Cassava to bolster Africa’s digital infrastructure

Google says customers can use its AI in ‘high-risk’ domains, so long as there’s human supervision

Google has changed its terms to clarify that customers can deploy its generative AI tools to make “automated decisions” in “high-risk” domains, like healthcare, so long as there’s a human in the loop. According to the company’s updated Generative AI Prohibited Use Policy, published on Tuesday, customers may use Google’s generative AI to make “automated… Continua a leggere Google says customers can use its AI in ‘high-risk’ domains, so long as there’s human supervision

UK consults on opt-out model for training AIs on copyrighted content

The U.K. government is consulting on an opt-out copyright regime for AI training that would require rights holders to take active steps if they don’t want their intellectual property to become free AI training fodder. The rise of generative AI models that are trained on vast quantities of data has brought intellectual property concerns to… Continua a leggere UK consults on opt-out model for training AIs on copyrighted content

Slip Robotics snags $28M for its bots that can load a truck in five minutes

Drop by any given loading dock and a buzz of forklifts — loaded up with goods — can be spotted maneuvering in and out of truck trailers. This logistical dance can take up to an hour to fill a trailer, leaving truck drivers in idle limbo. The founders of Atlanta-based Slip Robotics say they’ve developed… Continua a leggere Slip Robotics snags $28M for its bots that can load a truck in five minutes

Shein must cede Indians’ data, control of local ops to re-enter India

Shein must surrender all data of Indian customers and control of its local operations to its partner, Reliance Retail, and keep operations fully local to re-enter the Indian market, according to new government disclosures that reveal how the apparel and accessories retailer secured a rare exception to India’s ban on Chinese-linked apps. In a parliamentary… Continua a leggere Shein must cede Indians’ data, control of local ops to re-enter India

Popular LatAm digital payment service AstroPay launches multi-currency wallet

AstroPay has been around since 2009. The bootstrapped company currently has 320 employees and is profitable. And yet, it’s not a name that comes up often in startup news. The company originally started its life as a payment service provider focused on Latin America — an alternative payment method that you would find next to the… Continua a leggere Popular LatAm digital payment service AstroPay launches multi-currency wallet

Focused Energy buys two of the world’s most powerful lasers for its fusion quest

The massive lasers will be installed in the startup’s future facility, which it is building in the San Francisco Bay Area. © 2024 TechCrunch. All rights reserved. For personal use only.

Threads now has 100M daily active users

Meta’s microblogging platform, Threads, is growing at a quick clip since it was launched last year, and it seems to have benefited from the exodus of users from its rival, X, a couple months ago. The company’s CEO Mark Zuckerberg said on Monday that more than 100 million people use Threads daily, and that it… Continua a leggere Threads now has 100M daily active users