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AI tradeoffs: Balancing powerful models and potential biases

A handful of foundational AI models are emerging that rely upon a magnitude of training data that makes them inherently powerful, but it’s not without risk of harmful biases.

And the winner of Startup Battlefield is…

Natasha and Mary Ann and Alex were all aboard this week under the guidance of Chris and Grace, along with TechCrunch’s Neesha Tambe. Neesha is one of our best and is the leading light of

UK’s AI strategy is ‘ambitious’ but needs funding to match, says Faculty’s Marc Warner

The UK published its first ever national AI strategy this week. The decade-long commitment by the government to levelling up domestic artificial intelligence capabilities — by directing resource

Hungryroot co-founder’s new venture, Noops, a plant-based pudding startup, raises another $2M

Noops is going after the $50 billion snack foods market and plans to take on yogurt next.

Amazon is reportedly planning a wall-mounted Echo with a 15-inch display

Amazon is working on a number of new devices including an Echo with a 15-inch wall-mounted display, a soundbar, new Echo Auto technology and wearables, which could appear as early as next week.

Operations observability platform Avenue launches with $4M

Avenue is building a command center for operations teams.

China says all cryptocurrency-related transactions are illegal and must be banned

China’s central bank said on Friday that all cryptocurrency-related transactions are illegal in the country and they must be banned, citing concerns around national security and “safety of

Amazon assembles video streaming apps to fight with Netflix and Disney in India

Amazon has launched Prime Video Channels in India, allowing its customers to subscribe to eight streaming services including Discovery+ and Mubi from one hub (Prime Video website or app), the latest i

As remote work becomes normal, Ukio raises $9M for premium long-term rentals

Latin America finds a champion in SoftBank Group International CEO Marcelo Claure

Since first announcing it was planting a stake in the ground in the region in early 2019, SoftBank  -- from its own balance sheet, it says -- has plugged more than $5 billion into the region, and it

Nintendo announced that Chris Pratt will play Mario on the big screen

It’s a me, Burt Macklin! Chris Pratt is voice acting as Mario in a feature film that Nintendo is working on with Illumination, the studio that made “Despicable Me.” Also, they didn&

Daily Crunch: Cellino wins TechCrunch Disrupt Startup Battlefield 2021

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

NYC passes bills to improve conditions of app-based delivery workers

The New York City Council passed bills today that will set minimum pay and improve working conditions for gig workers making deliveries for apps like Grubhub, DoorDash and Uber Eats. More specifically

And the winner of Startup Battlefield at Disrupt 2021 is… Cellino

We started this competition with 20 impressive startups. After three days of fierce pitching in the virtual yet incredibly competitive Startup Battlefield arena, we have a winner. The startups taking

Synthetic data set of human trafficking victims could allow big data work without privacy compromises

In order to combat human trafficking effectively, those combating it must understand it — and these days, that means data. Unfortunately, for obvious reasons there is no convenient index of traffick

D-ID launches ‘Speaking Portrait,’ a way to turn photos into custom, photo-realistic videos

The company whose tech powered the sensational MyHeritage app that turned classic family photos into lifelike moving portraits is back with a new implementation of its technology: Transforming still p

Livestream video shopping app NTWRK raises $50M from Goldman Sachs, Kering

NTWRK, a video shopping app that has helped to popularize the idea of livestreamed commerce in the U.S., announced today it has closed on $50 million in new funding led by Goldman Sachs Asset Manageme

Rivian will open a $4.6M service support center as it prepares for first vehicle sales

Rivian, the electric vehicle startup that’s gearing up for an initial public offering, continues its trend of growing fast. The company will be opening a service support operations facility for vehi

Robotic farming firm Iron Ox raises $53M

Bay Area-based autonomous farming startup Iron Ox this week announced a $53 million round. The Series C, led by Breakthrough Energy Venture, brings the firm’s total funding up to $98 million. Iron O

Denizen is building high-tech office pods for the perfect workday

Tiny houses might have lost some of their luster in the COVID era, but a reimagined future for remote work might call for tiny offices. According to Nick Foley, Denizen founder and CEO, people are cla
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