[[{“value”:” ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools. ServiceNow will pay $2.85 billion for Moveworks in a mix of cash and stock. The former expects the deal to close in the second half of 2025. Bloomberg reported the deal late on Sunday night. As of […] © 2024 TechCrunch….
Nirvana keeps on truckin’ with $80M at a $830M valuation for its AI-powered insurance
[[{“value”:” As the U.S. trucking industry gears up for the negative impacts of new Trump tariffs on goods from Mexico and Canada, a startup building a new kind of trucking insurance — a critical cost for truck drivers — has raised some money to grow. Nirvana, an AI-based insurance platform that uses real-time driving telematics plus […] © 2024 TechCrunch….
Rocket Companies to take Redfin private in $1.75B deal
[[{“value”:” Redfin is being taken private in an all-stock transaction that values the real estate listing platform at $1.75 billion. The acquiring company is Rocket Companies, a Detroit, Michigan-based finance and real estate holding firm that operates various brands including Rocket Mortgage, Rocket Money, and Rocket Loans. “Rocket and Redfin have a unified vision of a […] © 2024 TechCrunch….
Neom is reportedly turning into a financial disaster, except for McKinsey & Co.
[[{“value”:” A new WSJ report suggests that Saudi Arabia’s now eight-year-old Neom project — a futuristic, carbon-neutral, 105-mile-long linear city envisioned by Crown Prince Mohammed bin Salman — has become a financial sinkhole. Plagued by delays and cost overruns, the country, which has already shelled out $50 billion, could reportedly face another 55 years of construction, […] © 2024 TechCrunch….
Manus probably isn’t China’s second ‘DeepSeek moment’
[[{“value”:” Manus, an “agentic” AI platform that launched in preview last week, is generating more hype than a Taylor Swift concert. The head of product at Hugging Face called Manus “the most impressive AI tool I’ve ever tried.” AI policy researcher Dean Ball described Manus as the “most sophisticated computer using AI.” The official Discord server […] © 2024 TechCrunch….
Japan’s service robot market projected to triple in five years
[[{“value”:” Faced with an aging population and labor shortages, Japanese businesses are increasingly relying on service robots to supplement their workforce, according to Bloomberg. Research firm Fuji Keizai projects the country’s service robot market to nearly triple by 2030, to ¥400 billion ($2.7 billion). Potentially driving that growth: The Recruit Works Institute projects that the country […] © 2024 TechCrunch….
Colossal CEO Ben Lamm says humanity has a ‘moral obligation’ to pursue de-extinction tech
[[{“value”:” The CEO of Colossal, a startup that aims to use genetic editing techniques to bring back extinct species, including the wooly mammoth, assured audiences at SXSW that the company has no plans to create a real-life Jurassic Park — lest there was any doubt. “Modern conservation isn’t working […] and we’re gonna need a ‘de-extinction’ […] © 2024 TechCrunch….
Tammy Nam joins AI-powered ad startup Creatopy as CEO
[[{“value”:” Creatopy, a startup that uses AI to automate the creation of digital ads, has brought on a new CEO: Tammy H. Nam. Nam was previously COO and CMO at photo-editing startup PicsArt, and before that the CEO of video streamer Viki. She told TechCrunch via email that Creatopy was looking for a US-based executive who […] © 2024 TechCrunch….
Apple’s smart home hub reportedly delayed by Siri challenges
[[{“value”:” Apple announced this week that the “more personalized” version of Siri that it promised last year has been delayed — and according to Bloomberg’s Mark Gurman, that’s also postponed the launch of the company’s planned smart home hub. In a statement, Apple said the upgraded Siri features, which are part of its broader Apple Intelligence […] © 2024 TechCrunch….
Musk may still have a chance to thwart OpenAI’s for-profit conversion
[[{“value”:” Elon Musk lost the latest battle in his lawsuit against OpenAI this week, but a federal judge appears to have given Musk — and others who oppose OpenAI’s for-profit conversion — reasons to be hopeful. Musk’s suit against OpenAI, which also names Microsoft and OpenAI CEO Sam Altman as defendants, accuses OpenAI of abandoning its […] © 2024 TechCrunch….