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Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns

​[[{“value”:” Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 billion valuation; Scale AI, a data-labeling platform for machine learning models, secured $1 billion as its valuation nearly doubled to $13.8 billion; and H, a fledgling French […] © 2024 TechCrunch….

Last day to vote for TC Disrupt 2024 Audience Choice program

​[[{“value”:” Attention, tech enthusiasts and startup supporters! The final countdown is here: Today is the last day to cast your vote for the TechCrunch Disrupt 2024 Audience Choice program. Voting closes tonight at 11:59 p.m. PT, so this is your last chance to make your voice heard and help select the most promising startups to take […] © 2024 TechCrunch….

Lucid Motors slashes 400 jobs ahead of crucial SUV launch

​[[{“value”:” Lucid Motors is laying off about 400 employees, or roughly 6% of its workforce, as part of a restructuring ahead of the launch of its first electric SUV later this year. The company said in a regulatory filing on Friday morning that it expects to complete the restructuring by the end of the third quarter […] © 2024 TechCrunch….

Google invests $350 million in Indian e-commerce giant Flipkart

​[[{“value”:” Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Walmart-owned Indian e-commerce startup. The Android-maker will also provide Flipkart with cloud offerings as part of the deal, the Bengaluru-headquartered startup said in a brief statement Friday. The Google investment is part of a nearly $1 billion funding round […] © 2024 TechCrunch….

Foursquare just laid off 105 employees

​[[{“value”:” Foursquare, the location-focused outfit that in 2020 merged with Factual, another location-focused outfit, is joining the parade of companies to make cuts to one of its biggest cost centers – employees – in 2024.  Per an email sent out to staffers Thursday afternoon by current CEO Gary Little and viewed by TechCrunch, 105 employees were […] © 2024 TechCrunch….