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Snowflake grows startup accelerator with $200M in new capital
Snowflake plans to expand its startup accelerator with $200 million in additional commitments, the tech giant that specializes in cloud-based data storage said Thursday.
The new injection of capital follows a string of activity by…
Meta plans to release a standalone Meta AI app
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024.David Paul Morris | Bloomberg | Getty ImagesMeta AI will soon become one of the social media company's…
Amazon touts its first quantum computing chip a week after Microsoft’s unveiling
Amazon on Thursday revealed its first chip for quantum computing, and said the design is a step toward building efficient high-scale systems.The processor is called Ocelot, and the announcement comes as more tech companies tout their…
Instagram may spin off Reels into a separate app
Meta is mulling launching a standalone app for short-form videos, The Information reported, citing an anonymous source who heard Instagram head Adam Mosseri talking about the project to staff.
The project is reportedly code-named…
Meta apologizes after Instagram users see graphic and violent content
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode.Brandon Bell | Getty ImagesMeta apologized on Thursday for a mistake that resulted in some Instagram…
Here are all the tech companies rolling back DEI or still committed to it — so far
Companies around America have started cutting DEI programs and eliminating DEI commitments from public documents in response to legal and political threats from the Trump administration.
Just a few weeks ago, Attorney General Pam Bondi…
Super Micro Computer surges 14% after filing delayed financials
Charles Liang, CEO of Super Micro Computer, during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023.David Paul Morris | Bloomberg | Getty ImagesSuper Micro Computer shares rallied 14% after the AI server company filed…
Alibaba makes AI video generation model free to use globally
The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba on Wednesday said that it has made its video generation artificial intelligence models free to use,…
ElevenLabs now lets authors create and publish audiobooks on its own platform
Voice AI company ElevenLabs is now letting authors publish AI-generated audiobooks on its own Reader app, TechCrunch has learned and the company confirmed. The announcement comes days after the company partnered with Spotify for…
Super Micro files financials ahead of Nasdaq deadline, stock pops 22%
Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024.Annabelle Chih | Bloomberg | Getty ImagesSuper Micro Computer reported its delayed financial results on Tuesday just in…
Brex eyes $500M in revenue as it adds the likes of Anthropic and Robinhood as customers
Fintech Brex expects its annual net revenue to reach $500 million in 2025, according to a person familiar with the company’s operations as cited by Bloomberg and The Information.
While the startup did not comment on the specific…
Bitcoin drops to a 3-month low below $90,000 in risk-off move
Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index.Luke MacGregor | Bloomberg | Getty ImagesBitcoin fell through the $90,000 level overnight,…
Chegg sues Google for hurting traffic as it considers alternatives
Chegg seen at the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBCChegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results have hurt the…
Fyre Festival 2 is coming, and it already sounds bananas (and not in a good way)
Billy McFarland is back, with Fyre Festival 2. Scheduled to take place in Isla Mujeres, Mexico from May 30 to June 2, tickets just went on sale, ranging from $1,400 to a truly brazen $1.1 million — even though no artists have been…
Bybit replenished reserves after record-breaking $1.5 billion hack
Bybit said it replenished its reserves following a $1.5 billion hack last week, the largest in the history of the crypto industry.In less than 72 hours, Bybit pieced together hundreds of thousands of ether tokens through a mix of…
Startup Battlefield 200 applications are open
Pre-Series A founders, this is your moment! If you’re ready to showcase your game-changing innovations on a global stage, the battlefield awaits. Applications for TechCrunch Startup Battlefield 200 — the premier startup pitch…
Apple to open Texas AI server factory in $500 billion U.S. expansion
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple's latest products at Apple's Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg |…
Substack boosts video capabilities amid potential TikTok ban
Rafael Henrique | SOPA Images | APAfter posting almost 200 videos, amassing hundreds of thousands of followers and racking up millions of views, Carla Lalli Music is quitting YouTube. Substack is her new focus. Music is a cookbook author…