[[{“value”:” The $60 billion mega-merger between Honda and Nissan has been called off, in part because of Nissan’s “pride and insufficient alarm about its predicament,” writes Reuters, citing half a dozen sources. The report hints at bad blood on both sides, saying the development also ties to Honda abruptly revising the terms of the merger and […] © 2024 TechCrunch….
Publishers sue AI startup Cohere over alleged copyright infringement
[[{“value”:” A consortium of fourteen publishers including Condé Nast, The Atlantic, and Forbes have filed a lawsuit against Cohere alleging that the generative AI startup has engaged in “massive, systematic” copyright infringement. In the complaint, the publisher plaintiffs accuse Cohere of using at least 4,000 copyrighted works to train its AI models and display large portions […] © 2024 TechCrunch….
Germany’s Helsing doubles down on drones for Ukraine, scales up manufacturing
[[{“value”:” Helsing, the German defense tech startup backed by Spotify’s Daniel Ek and others, is producing 6,000 HX-2 strike drones in addition to the 4,000 HF-1 strike drones financed by Germany that are currently being delivered to Ukraine. “We are scaling up production of HX-2 in response to additional orders from Ukraine,” Helsing co-founder Gundbert Scherf […] © 2024 TechCrunch….
Blue Origin cuts 10% of staff one month after first successful New Glenn launch
[[{“value”:” Blue Origin is laying off 10% of its workforce, according to Reuters, just one month after the successful first launch of its New Glenn mega-rocket. The company reportedly has more than 10,000 employees, meaning the cut could affect around 1,000 people. CEO Dave Limp told employees in an all-hands meeting Thursday morning the company is […] © 2024 TechCrunch….
Spyware maker caught distributing malicious Android apps for years
[[{“value”:” Italian company SIO, which sells to government customers, is behind an Android spyware campaign called Spyrtacus that spoofed popular apps like WhatsApp, per security researchers. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
YouTube Shorts adds Veo 2 so creators can make gen AI videos
[[{“value”:” YouTube Shorts is integrating with Google DeepMind’s latest video model, Veo 2, allowing creators to generate AI video clips for their posts. Veo 2 is Google’s response to Sora, OpenAI’s text-to-video generator. YouTube, owned by Google, already allowed creators to generate AI backgrounds for their Shorts with a text prompt through a feature called Dream […] © 2024 TechCrunch….
EnCharge raises $100M+ to accelerate AI using analog chips
[[{“value”:” EnCharge AI, a semiconductor startup developing analog memory chips for AI applications, has raised more than $100 million in a Series B round led by Tiger Global to spur its next stage of growth. The funding is significant partly because interest in AI is at an all-time high, but the high price of building and […] © 2024 TechCrunch….
Data center tweaks could unlock 76 GW of new power capacity in the U.S.
[[{“value”:” A new study argues that data centers could be ideal demand-response participants because they have the potential to be flexible. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
CyberArk snaps up Zilla Security for up to $175M
[[{“value”:” Identity security company CyberArk has acquired identity governance and administration (IGA) platform Zilla Security in a deal worth up to $175 million. Founded in 1999, Boston-based CyberArk specializes in access management, including privileged access security which helps organizations protect sensitive data and critical infrastructure from external (and internal) threats. Zilla, for its part, is another […] © 2024 TechCrunch….
Avride launches sidewalk delivery bots on Uber Eats in Jersey City
[[{“value”:” Uber Eats customers in Jersey City can now have their orders delivered by one of Avride’s autonomous sidewalk delivery robots. The launch, which kicked off this week in New Jersey, is Uber’s latest foray into autonomous vehicles and represents an expanding relationship with Avride. The ride-hail and delivery giant deploys AVs on its app in […] © 2024 TechCrunch….