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Two senior partners are leaving Peak XV amid strategy shift

​[[{“value”:” Two senior partners are leaving Peak XV, the largest India-focused venture capital firm, four sources familiar with the matter told TechCrunch.  Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led Southeast Asian investments, are departing, said the sources, who asked not to be identified discussing private matters. The exits follow Peak […] © 2024 TechCrunch….

Google changed the Gulf of Mexico to the Gulf of America on Maps

Google changed the Gulf of Mexico to the Gulf of America on Maps

​[[{“value”:” Google Maps officially updated the name of the Gulf of Mexico to the Gulf of America on Monday. Among many other executive orders, President Donald Trump decreed on the day of his inauguration that the Gulf of Mexico would be renamed the Gulf of America. This executive order also reverses an Obama-era move to rename […] © 2024 TechCrunch….

Zeta valued at $2B in new funding

​[[{“value”:” Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new investment from American healthcare company Optum marks a 70% increase in the Bangalore-based startup’s valuation from the $1.15 billion price tag (pre-money) it earned in 2021, when it raised […] © 2024 TechCrunch….

Plaid working with Goldman Sachs on raising $300M to $400M in tender offer

​[[{“value”:” Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will raise between $300 million and $400 million, Bloomberg reported citing sources. The tender offer, as such deals are called, will likely value the company lower […] © 2024 TechCrunch….

Is AI making us dumb?

​[[{“value”:” Researchers from Microsoft and Carnegie Mellon University recently published a study looking at how using generative AI at work affects critical thinking skills. “Used improperly, technologies can and do result in the deterioration of cognitive faculties that ought to be preserved,” the paper states. When people rely on generative AI at work, their effort shifts […] © 2024 TechCrunch….

Apple Music adds a better-sounding Spatial Audio version of Kendrick Lamar’s Super Bowl halftime show

​[[{“value”:” If you want to relive Kendrick Lamar’s headline-making Super Bowl halftime show, Apple Music just dropped a replay of the performance in its surround sound-like Spatial Audio. Since Apple currently sponsors the Super Bowl halftime show, the company has permission to republish these musical spectacles — but this is better than just a YouTube video […] © 2024 TechCrunch….

Elon Musk-led-team submits $97.4B bid for OpenAI

​[[{“value”:” A team of investors led by Elon Musk submitted a $97.6 billion bid to purchase OpenAI on Monday. The news comes by way of Musk’s lawyer, Marc Toberoff, who confirmed the reporting with The Wall Street Journal. The unsolicited bid is the latest escalation by Musk in his war with co-founder Sam Altman, as Altman […] © 2024 TechCrunch….