xAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted source close to the deal. The deal – which
Sanctuary AI often isn’t mentioned in the same breath as humanoid robotics firms like Boston Dynamics, Agility, Figure and 1X, but the Canadian company has been operating in the space for some time.
Its latest version features avatars that provide more emotion, better lip tracking, and what Synthesia says are more expressive natural and human movements when they are fed text to generate videos.
If there’s one overarching takeaway from last night’s Rabbit R1 launch event, it’s this: Hardware can be fun again. After a decade of unquestioned smartphone dominance, there is, once again, exc
Augment, a startup developing an AI-powered platform similar to GitHub's Copilot, has launched out of stealth valued at nearly $1 billion.
Enterprises still don't trust OpenAI, while open source AI models are cheaper and more than sufficient for targeted specific tasks, Nova AI founder says.
Perplexity AI‘s latest, large fundraising event could be quickly superseded by another, even larger chunk of capital, TechCrunch reports. Yes, the $62.7 million that the startup raised at just o
Well, if you are a big TikTok fan and live in the United States, I have some bad news for you: A bill that would force a sale of TikTok or ban it in the United States passed the Senate. And the presid
Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for developers and operations teams to manage and optimize their AI hardware infrastructure. Terms of the deal aren’t be
All-around, highly generalizable generative AI models were the name of the game once, and they arguably still are. But increasingly, as cloud vendors large and small join the generative AI fray, we
The UK is launching initial enquiries into Amazon and Microsoft over partnerships with AI companies Mistral, Anthropic, and Inflection.
Conversational AI platform Parloa has nabbed $66 million in a Series B round, a year after it raised $21 million from a swathe of European investors to propel its international growth. The German comp
With the current iteration of its product going through its paces with a handful of beta customers, FlexAI will launch its first commercial product later this year.
Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising at least $250 million more at a valuation of between $2.5 billio
The transaction represents a premium of a whopping 212% over Matterport’s last closing share price before the deal was announced on April 22.
AWS, Amazon’s cloud computing business, wants to become the go-to place companies host and fine-tune their custom generative AI models. Today, AWS announced the launch of Custom Model Import (in
Firefly, Adobe’s family of generative AI models, doesn’t have the best reputation among creatives. The Firefly image-generation model in particular has been derided as underwhelming and fl
Equity discusses the latest market news, upcoming earnings, IPOs, and what impact — if any — the recent bitcoin halving had on its value.
To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch has been publishing a series of interviews focused on remarkable women who’ve
"I think the travel industry has so many different examples of where AI can be used both for the customer and for the employees," said the company's CIO.
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