The venture arm of Bosch has a new $270 million fund that will continue in its tradition of investing in deep-tech startups. And this time, Bosch Ventures plans to put more of its money into North American startups. Bosch Ventures, which launched in 2007, is on its sixth fund. And while the corporate VC is […]
Instacart CEO Fidji Simo is joining OpenAI
Simo, already a board member at OpenAI, will transition out of Instacart over the next few months and join the AI company full-time as Application CEO.
Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla
Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it’s invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are so small they’re trained with low-end gaming GPUs worth less […]
Stripe unveils AI foundation model for payments, reveals ‘deeper partnership’ with Nvidia
Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include: a new AI foundation model for payments; stablecoin-powered accounts; a new Orchestration offering, and a recent migration with chip behemoth Nvidia. Stripe’s payments foundation model has been trained on tens of billions of transactions, […]
OpenAI and the FDA are reportedly discussing AI for drug evaluations
OpenAI has met with officials from the U.S. Food and Drug Administration to discuss the agency’s use of AI to speed up drug evaluations, Wired reported on Wednesday. According to the report, OpenAI and the FDA have discussed a project called cderGPT, which seems to be an AI tool for the Center for Drug Evaluation […]
The Papal ‘conclave cam’ is slow TV
On YouTube, hundreds of thousands of viewers around the world are staring at an unmoving broadcast of the Sistine Chapel chimney. Occasionally, a seagull will swoop in and perch atop the roof for a few minutes. But for the most part, nothing happens. On Wednesday, the College of Cardinals started the process of picking the […]
Delta debuts its Patreon-supported iOS app update after US App Store policy change
A game emulator called Delta is taking advantage of the recent court decision around Apple’s App Store to be able to support its business by linking to its Patreon membership page. The update, approved Wednesday for release on the U.S. App Store, allows Delta users to join the Delta team’s Patreon directly from the mobile […]
Rove, founded by a 22-year-old, is helping Gen Z earn airline miles without credit cards
During his junior year study abroad, Max Morganroth, traveled to 30 countries, primarily flying in business and first class. His jet setting was funded almost entirely by airline points he collected through strategic credit card applications and miles redemptions. Morganroth told TechCrunch that just about everyone he knew was “begging” him to teach them how […]
Tesla ‘Robotaxi’ trademark refused for being too generic
Tesla’s attempt to trademark the term “Robotaxi” in reference to its vehicles has been refused by the U.S. Patent and Trademark Office for being too generic, according to a new filing. Another application by Tesla to trademark the term “Robotaxi” for its upcoming ride-hailing service is still under examination by the office. In addition, applications […]
Anthropic rolls out an API for AI-powered web search
Anthropic is launching a new API that allows its Claude AI models to search across the web. Developers using it can build Claude-powered apps that deliver up-to-date info, the company said in a press release published Wednesday. The rollout of the API comes as AI companies look to augment their models in various ways that […]