AI

Perplexity is raising $250M+ at a $2.5B-$3B valuation for its AI search platform, sources say

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

Y Combinator alum Matterport is being bought by real estate juggernaut CoStar at a 212% premium

The transaction represents a premium of a whopping 212% over Matterport’s last closing share price before the deal was announced on April 22.

Amazon wants to host companies’ custom generative AI models

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

Adobe claims its new image-generation model is its best yet

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

Salesforce’s silly deal dies, Rubrik’s IPO, and venture capital in space

Equity discusses the latest market news, upcoming earnings, IPOs, and what impact — if any — the recent bitcoin halving had on its value.

Women in AI: Anna Korhonen studies the intersection between linguistics and AI

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

How United Airlines uses AI to make flying the friendly skies a bit easier

"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.

Women in AI: Ewa Luger explores how AI affects culture — and vice versa

Ewa Luger, profiled as part of TechCrunch's series on women in AI, is co-director at the Institute of Design Informatics.

Why vector databases are having a moment as the AI hype cycle peaks

Vector databases are all the rage, judging by the number of startups entering the space and the investors ponying up for a piece of the pie. The proliferation of large language models (LLMs) and the g

This Week in AI: When ‘open source’ isn’t so open

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable re

Women in AI: Allison Cohen on building responsible AI projects

Alison Cohen, profiled as part of TechCrunch's series on women in AI, is a senior AI projects manager at Mila, a Quebec-based AI research group.

Too many models

How many AI models is too many? It depends on how you look at it, but 10 a week is probably a bit much. That’s roughly how many we’ve seen roll out in the last few days, and it’s inc

Startups Weekly: Is the wind going out of the AI sails?

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. After years of booming growth, the AI ind

TechCrunch Minute: Meta’s new Llama 3 models give open source AI a boost

New AI models from Meta are making waves in technology circles. The two new models, part of the Facebook parent company’s Llama line of artificial intelligence tools, are both open source, helpi

Webflow acquires Intellimize to add AI-powered webpage personalization

Webflow, a web design and hosting platform that’s raised over $330 million at a $4 billion valuation, is expanding into a new sector: marketing optimization. Today, Webflow announced that it acq

Langdock raises $3M with General Catalyst to help companies avoid vendor lock-in with LLMs

Plenty of large corporations want to join the AI revolution, but many feel it’s too early to be locked into one foundational model. That means there’s a market for a layer between companies an

Meta AI is restricting election-related responses in India

Last week, Meta started testing its AI chatbot in India across WhatsApp, Instagram and Messenger. But with the Indian general elections beginning today, the company is already blocking specific querie

Internet users are getting younger; now the UK is weighing up if AI can help protect them

Artificial intelligence has been in the crosshairs of governments over how it might be misused for fraud, disinformation and other malicious online activity. Now, a U.K. regulator wants to explore how

Hugging Face releases a benchmark for testing generative AI on health tasks

Hugging Face has published a new leaderboard and benchmark for evaluating generative AI models on health-related tasks and questions.

Meta releases Llama 3, claims it’s among the best open models available

Meta has released the latest entry in its Llama series of open generative AI models: Llama 3. Or, more accurately, the company has debuted two models in its new Llama 3 family, with the rest to come
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