[[{“value”:” Cloudera, the once high-flying Hadoop startup, raised $1 billion and went public in 2018 before being acquired by private equity for $5.3 billion in 2021. Today, the company announced that it is acquiring Verta, an AI startup that helps customers manage machine learning models, including large language models (LLMs) used in generative AI. Cloudera, which […] © 2024 TechCrunch….
Spend management startup SiFi raises $10M to grow further in Saudi Arabia
[[{“value”:” The global spend management sector is experiencing a tailwind of sorts. North America is arguably the biggest market in this space, but spend management companies have seen demand rise across the world, thanks to increasing internet penetration, tech advancements and businesses’ increasing focus on making sure they spend wisely. Indeed, the space is expected to […] © 2024 TechCrunch….
Swiss startup Neural Concept raises $27M to cut EV design time to 18 months
[[{“value”:” Neural Concept lets designers model how components will perform before they can be manufactured. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Don’t miss StrictlyVC in DC next week
[[{“value”:” The StrictlyVC roadtrip continues! Coming off of sold-out events in London, Los Angeles, and San Francisco, we’re heading to Washington, D.C. for a cozy-vc-packed, evening at the Woolly Mammoth Theatre on Tuesday, June 11 in partnership with Revolution. StrictlyVC events are known for delivering exclusive insights and fostering meaningful connections among top investors, entrepreneurs, and […] © 2024 TechCrunch….
X tweaks rules to formally allow adult content
[[{“value”:” X will now allow users to post consensually produced NSFW content as long as it is prominently labeled as such. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Ashby injects recruiting with a dose of AI
[[{“value”:” Ashby consolidates existing talent acquisition tools and leans heavily on AI to automate the more repetitive steps in the recruitment pipeline. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Spotify to increase premium pricing in the US to $11.99 per month
[[{“value”:” Spotify has announced it’s hiking subscriptions for customers in the U.S., the second such price increase in the space of a year. The music-streaming giant reports that premium pricing will increase in July from $10.99 to $11.99, representing a rise of nearly 10%. The Duo and Family plans will go up to $16.99 and $19.99, […] © 2024 TechCrunch….
UK neobank Monzo reports first full (pre-tax) profit, prepares for EU expansion with Dublin hub
[[{“value”:” Monzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The company also confirmed that it’s in the early stages of expanding into the broader European market via a new base in Ireland. The news comes shortly after the U.K.-based neobank raised a couple of hefty tranches of funding, starting with $430 […] © 2024 TechCrunch….
Inside Apple’s efforts to build a better recycling robot
[[{“value”:” Last week, TechCrunch paid a visit to Apple’s Austin, Texas, manufacturing facilities. Since 2013, the company has built its Mac Pro desktop about 20 minutes north of downtown. The 400,000-square-foot facility sits in a maze of industry parks, a quick trip south from the company’s in-progress corporate campus. In recent years, the capital city has […] © 2024 TechCrunch….
Binit is bringing AI to trash
[[{“value”:” Early attempts at making dedicated hardware to house artificial intelligence smarts have been criticized as, well, a bit rubbish. But here’s an AI gadget-in-the-making that’s all about rubbish, literally: Finnish startup Binit is applying large language models’ (LLMs) image processing capabilities to tracking household trash. AI for sorting the stuff we throw away to boost […] © 2024 TechCrunch….