[[{“value”:” Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation led by NEA, according to two people familiar with the deal. Existing investors Sequoia, which led Anterior’s $3.2 million seed round last September, and Neo, an accelerator […] © 2024 TechCrunch….
How India’s most valuable startup ended up being worth nothing
[[{“value”:” Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. There’s more bad news for Byju’s. In a research note, HSBC estimates that the Indian edtech giant, once valued at $22 billion, is now worth nothing. The write-down in its […] © 2024 TechCrunch….
Bereave wants employers to suck a little less at navigating death
[[{“value”:” If death and taxes are inevitable, why are companies so prepared for taxes, but not for death? “I lost both of my parents in college, and it didn’t initially spark this interest to go start a business around my experience,” said Bereave co-founder Elijah Linder. In the immediate aftermath of Linder’s loss, founding a company […] © 2024 TechCrunch….
Apple needs to focus on making AI useful, not flashy
[[{“value”:” Google and Microsoft have made their developer conferences a showcase of their generative AI chops, and now all eyes are on next week’s Worldwide Developers Conference, which is expected to mark the debut of Apple Intelligence. The Cupertino-based company is facing a lot of pressure. Apple has fallen behind its peers in the AI race, […] © 2024 TechCrunch….
Deal Dive: Human Native AI is building the marketplace for AI training licensing deals
[[{“value”:” AI systems and large language models need to be trained on massive amounts of data to be accurate but they shouldn’t train on data that they don’t have the rights to use. OpenAI’s licensing deals with The Atlantic and Vox last week show that both sides of the table are interested in landing these AI-training […] © 2024 TechCrunch….
Wazer Pro is making desktop water jetting more affordable
[[{“value”:” Before Wazer came along, “water jet cutting” and “affordable” didn’t belong in the same sentence. That changed in 2016, when the company launched the world’s first desktop water jet cutter, pre-selling $1.3 million worth of units. Fast-forward to today, and Wazer says it has over 3,000 cutters in the field across 60 countries, used by […] © 2024 TechCrunch….
Autonomy’s Mike Lynch acquitted after US fraud trial brought by HP
[[{“value”:” Former Autonomy chief executive Dr Mike Lynch issued a statement Thursday following his acquittal of criminal charges, ending a 13-year legal battle with Hewlett-Packard which became one of Silicon Valley’s biggest fraud cases. He had been accused of falsely inflating revenues at the UK startup ahead of its $11 billion sale to HP in 2011. […] © 2024 TechCrunch….
What Snowflake isn’t saying about its customer data breaches
[[{“value”:” As another Snowflake customer confirms a data breach, the cloud data company says its position “remains unchanged.” © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Rippling bans former employees who work at competitors like Deel and Workday from its tender offer stock sale
[[{“value”:” Investor demand has been so strong for Rippling’s shares that it is letting former employees particpate in its tender offer. With one exception. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
NASA puts $10M down on Mars sample return proposals from Blue Origin, SpaceX and others
[[{“value”:” It turns out the space industry has a lot of ideas on how to improve NASA’s $11 billion, 15-year plan to collect and return samples from Mars. Seven of these proposals have caught the agency’s attention. Announced today, NASA has awarded $1.5 million contracts to seven companies to further develop their plans for the revamped […] © 2024 TechCrunch….