Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z

Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark in August 2023. Shear is listed as CEO on an incorporation document filed with the… Continua a leggere Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z

Meet the robot with two Guinness World Records for basketball

A team of engineers at Toyota have spent years iterating on CUE6, the basketball-shooting robot. CUE6 uses machine learning to adjust his posture and arm movement in order to take the perfect shot nearly every time. The robot holds the Guinness World Record for most consecutive basketball free throws by a humanoid robot after it… Continua a leggere Meet the robot with two Guinness World Records for basketball

A bad experience with an accounting firm spurred this founder to start Aiwyn

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected systems, inconsistent processes, and a lack of standardized workflows. Startups like Aiwyn are trying to… Continua a leggere A bad experience with an accounting firm spurred this founder to start Aiwyn

Boon raises $20.5M to build agentic AI tools for fleets

Logistics is the name of the game during the holiday season: Companies that can seal the deal and get people and things to the places they need to be, on time, rake it in this time of year.  But behind that demand lies a huge amount of inefficiency and fragmentation. Are logistics businesses ready for… Continua a leggere Boon raises $20.5M to build agentic AI tools for fleets

Sam Altman once owned some equity in OpenAI through Sequoia

OpenAI CEO Sam Altman sat before Congress in 2023 to testify about the dangers of AI. He told American lawmakers at the time that he owns no equity in OpenAI, something he’s said many times, claiming he just runs the company because he loves it. However, Altman recently said he actually did have some equity… Continua a leggere Sam Altman once owned some equity in OpenAI through Sequoia

Perplexity has reportedly closed a $500M funding round

AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as… Continua a leggere Perplexity has reportedly closed a $500M funding round

India’s Rapido exposed user and driver data through leaky website feedback form

Rapido restricted access to the exposed portal soon after TechCrunch contacted the company. © 2024 TechCrunch. All rights reserved. For personal use only.

European Solo GP Robin Capital closes first fund with €15M to play with

Robin Capital — the Germany-based, Solo GP-led VC fund by former entrepreneur Robin Haak — has hit its final close of ‘Robin Fund One’ at €13 million. Combined with its additional growth-focused investment vehicle of €2m, the fund now has a total of €15 million to play with. In the realm of European Solo GPs,… Continua a leggere European Solo GP Robin Capital closes first fund with €15M to play with

Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year

The writing was on the wall, seemingly.  Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics… Continua a leggere Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year

Uzbekistan’s mobile bank TBC bags $37M to expand with new AI and insurance products

Uzbekistan’s mobile-exclusive bank, TBC Bank Uzbekistan, has raised $37 million to bolster its footprint in the Central Asian nation. © 2024 TechCrunch. All rights reserved. For personal use only.