[[{“value”:” An unchanged credential allows anyone to virtually control door locks and elevators at dozens of apartment buildings across North America, a security researcher found. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Cambium is building an AI that helps turn waste wood into usable lumber
[[{“value”:” Cambium uses data on timber and lumber transactions in a bid to make salvage wood appealing to a range of companies. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Patlytics raises $14M for its patent analytics platform
[[{“value”:” For decades, patents have been a bone of contention in the technology world, seen by some as a way to protect intellectual property, but by critics as a blunt weapon against innovation. In the age of AI, they are once again getting revisited. New York startup Patlytics has developed an AI-enabled patent analytics platform to […] © 2024 TechCrunch….
Meta AI arrives in the Middle East and Africa with support for Arabic
[[{“value”:” Meta has formally expanded Meta AI to the Middle East and North Africa (MENA), opening the AI-enabled chatbot to millions more people. Back in October, Meta announced it was launching Meta AI in six additional markets, including Brazil and the U.K. At the same time, the company teased gradual rollout plans for additional markets around […] © 2024 TechCrunch….
Apple commits $500B to US manufacturing, including a new AI server facility in Houston
[[{“value”:” The U.S. government is leaning hard on tech companies to make more commitments to building their businesses in the country, and Big Tech is falling in line. On Monday, Apple laid out its own plans in that area: it will spend $500 billion over the next four years in areas like high-end manufacturing, engineering, and […] © 2024 TechCrunch….
Yope is sparking GenZ (and VC) interest with an Instagram-like app for private groups
[[{“value”:” Photo and video apps targeting young adults with social hooks are a dime a dozen these days, so those that show traction with 18-twentysomethings tend to catch the attention of investors looking for the next Instagram or TikTok. In the latest example, photo-sharing app Yope, which lets you share still images to private groups, says […] © 2024 TechCrunch….
Key Cambridge, UK VC launches $126M fund to stem later stage flight
[[{“value”:” It’s often said that the UK and Europe lack the huge level of growth funding for later-stage startups that the US has for its own, and this is correct. According to the European Investment Fund, there are at least seven times more large-size VC funds in the US than in Europe. So the appearance of a […] © 2024 TechCrunch….
The lesson of Larry Ellison’s misadventures in farming
[[{“value”:” Larry Ellison’s leap into farming with his company, Sensei Farms, serves up a classic reminder: being a genius in one arena doesn’t mean success in another. As the WSJ reports, the Oracle co-founder set out to reinvent agriculture on Hawaii’s Lāna‘i Island, which he scooped up for $300 million back in 2012. Eight years and […] © 2024 TechCrunch….
Google’s new AI video model Veo 2 will cost 50 cents per second
[[{“value”:” Google has quietly revealed the pricing of Veo 2, the video-generating AI model that it unveiled in December. According to the company’s pricing page, using Veo 2 will cost 50 cents per second of video, which adds up to $30 per minute or $1,800 per hour. Google DeepMind researcher Jon Barron contrasted this pricing with […] © 2024 TechCrunch….
Palantir CEO’s new book says Silicon Valley has ‘lost its way’
[[{“value”:” Palantir co-founder and CEO Alexander Karp opens his new book with a provocative declaration: “Silicon Valley has lost its way.” Over the past decade or so, as the data analytics company rose to prominence for its work with U.S. military and intelligence, Karp has largely stayed out of the limelight. Last year, in a rare […] © 2024 TechCrunch….