Cyberattacks are on the rise. In Q1 2024, organizations experienced an average of around 1,300 attacks per week. The cost of attacks is climbing, as well. Per Statista, cybercrime-related losses could surge to over $13 billion by 2028. Software is one way to combat these attacks. Hardware is another. Startup Axiado is a proponent of
Month: December 2024
Revel is adding to its electric vehicle charging empire in New York City. The startup said on Wednesday that it has broken ground on the installation of 24 EV fast chargers at John F. Kennedy International Airport. The installation doubles the airport’s existing EV charging capacity. This is the second time Revel has partnered with
At its re:Invent conference on Tuesday, Amazon Web Services (AWS), Amazon’s cloud computing division, announced a new family of multimodal generative AI models it calls Nova. There are four text-generating models in total: Micro, Lite, Pro, and Premier. Micro, Lite, and Pro are available Tuesday to AWS customers, while Premier will arrive in early 2025,
What do Tim Cook, Jay Z, and Fred Ehrsam, co-founder of Coinbase, all have in common? That would be their interest in Frère, a bespoke ready-to-wear clothing brand that has attracted names all over the tech world. The brand, which only launched in March, is opening its first store in New York’s SoHo. Frère is
Although heart disease is the leading cause of death in the United States, a significant portion of people who experience heart attacks are unaware that they have the underlying condition. Cleerly, a cardiovascular imaging startup, hopes to fix this. By analyzing CT scans of the heart, the company’s AI software aims to identify early-stage coronary
Earlier this year, Meta tried to get its own nuclear powered data center the easy way, by building one next to an existing reactor. But after regulators threw cold water on the plan — the site was reportedly home to a rare bee species — the company is back with a new idea: find a
DeepMind, Google’s AI research org, has unveiled a model that can generate an “endless” variety of playable 3D worlds. Called Genie 2, the model — the successor to DeepMind’s Genie, which was released earlier this year — can generate an interactive, real-time scene from a single image and text description (e.g. “A cute humanoid robot
Once a startup has raised its seed round, the perennial question becomes how much should the founders pay themselves and their first few employees? Kruze Consulting, a CPA firm that specializes in venture-backed startups, recently analyzed average salary ranges for over 450 seed-stage startups and shared that data with TechCrunch. The following averages are based
Three members of Google’s NotebookLM team, including its team lead and designer, have announced they are leaving Google for a new stealth startup. On Linkedin, ex-team lead Raiza Martin said she and her two other co-founders, designer Jason Spielman and engineer Stephen Hughes, “couldn’t shake the feeling that there’s a massive opportunity to build something
The globe likely breezed past 1.5°C of warming above pre-industrial levels this year, crashing through the 2016 Paris Agreement’s aspirational target. Further warming increases the risk of catastrophic consequences, including more frequent extreme droughts, floods, and fires; stronger hurricanes; faster-spreading infectious diseases; and declining wildlife and fish populations. A host of carbon-capture startups hope to
After weeks of anticipation, some Spotify users are left underwhelmed by the streamer’s personalized year-in-review feature, Spotify Wrapped — with many even going so far as to call it “boring” or a “flop.” Chief among the complaints are that Spotify prioritized the inclusion of an AI podcast for Wrapped over the other, clever and creative
A new company is emerging from stealth today with backing from Google’s AI-focused venture fund to help businesses compile their open-source AI infrastructure and reduce their engineering overheads. Cake integrates and secures more than 100 components for enterprises, including data source adapters (e.g. Apache Hadoop), data ingestion (e.g. Apache Kafka), data labelling (e.g. Label Studio),
Cyberattacks are on the rise, and the victims are high-profile. According to a KPMG survey, close to half of companies with $1 billion or more in annual revenue recently suffered a security breach. Surprisingly, an overabundance of security tools may be contributing to the problem. In a separate poll, 43% of businesses said their teams
Fighting wildfire is a lot like waging war. There are foot soldiers and paratrooper-like smokejumpers, air support from airtankers, and mobile centers that can direct firefighter movements in the field. “It’s a battlefield,” Gadi Benjamini, co-founder and CEO of FireDome, told TechCrunch. “It changes, it’s dynamic, it’s unexpected.” But what firefighters have been missing is
Spotify Wrapped, the streamer’s highly anticipated annual listening recap, has arrived. In addition to its usual personalized summary detailing your favorite artists, songs, podcasts, and more, the company this year is introducing two new features, including most notably, an AI-powered podcast of your 2024 Wrapped created with Google’s AI summarization tool, NotebookLM. Spotify is also
Marketplaces for software and services based on reviews are starting to reach their sell-by date. The user-generated reviews on sites like G2 and Capterra (one of Gartner’s three software directories) have often been accused of being paid for by software vendors. In fact, 8 out 9 of the reviews on the first page of G2’s
Space startup SpinLaunch is fundraising again, though a source tells TechCrunch that it was exploring raising a significantly more ambitious sum earlier this year. The company has closed an $11.5 million round out of a planned $25 million, according to a filing with the U.S. Securities and Exchange Commission. SpinLaunch confirmed funding to TechCrunch, but
The Department of Energy (DOE) appears to be on a loan-approval spree in the lead-up to President-Elect Donald Trump’s inauguration, and the winners are all companies manufacturing clean energy solutions on U.S. soil. Trump has promised to cancel any unspent federal dollars under President Joe Biden’s Inflation Reduction Act, a bipartisan climate law that allocated
“I’m trying to find holiday gifts for my sisters. I open a bunch of tabs, I want my wife’s advice.” That’s Browser Company CEO, Josh Miller, in his company’s latest ad for its new AI browser, Dia. Consulting your spouse to find gifts for your siblings is a pure — and dare I say, sweet
Fashion resale marketplace ThredUp has divested its European business to focus on its core domestic U.S. market. ThredUp expanded into Europe in 2021 with the acquisition of Remix, a Bulgarian startup that operates across a handful of central and eastern European markets. Back in May, ThredUp announced a new general manager, Florin Filote, to lead
Clarifai, once known as the young computer vision startup working with the Pentagon on its controversial Project Maven, has distanced itself from its early years of espousing questionable ideas on AI ethics, its interest in building autonomous weapons — years before Silicon Valley warmed up to defense tech — and its potential cyberbreach from Russia.
AI’s surging power demand has put several big tech firms at risk of blowing through their climate commitments. But Amazon has partnered with Orbital, an AI startup, to test a new material that removes carbon dioxide from the atmosphere — and they’re using an AWS datacenter as a first site. One of carbon capture’s biggest
When Valve released the Steam Deck, PC manufacturers realized there could be a new market for small, handheld computers that are capable of running games. Lenovo released the Legion Go and Asus released the ROG Ally. Windows Central managed to get hold of the first official renders of Lenovo’s upcoming gaming handheld, the Legion Go
Walmart just closed its acquisition of popular television maker Vizio in an effort to boost its advertising business. The acquisition was initially reported back in February; however, it took a few months to complete due to the waiting period under federal regulations. The all-cash deal is valued at $2.3 billion. With this strategic move, Walmart
Cancer incidence is on the rise, particularly among younger adults, but most new drug compounds fail to progress through clinical trials. According to French entrepreneur Fanny Jaulin (on the right in the picture above), the problem lies with clinical trial design. “Just because a drug isn’t successful in clinical trials doesn’t mean it’s not a
General Motors is selling its stake in the nearly completed Ultium Cells battery cell plant in Lansing, Michigan, to its joint venture partner LG Energy Solution (LGES). GM’s step back from the factory comes amid weakening electric vehicle demand and the potential rollback of Biden administration incentives to produce clean energy domestically. GM and LGES
AI hardware startup Tenstorrent raised nearly $700 million in new funding. Tenstorrent raised a $693 million Series D round that values the company at more than $2.6 billion, Bloomberg first reported. The round was led by Samsung Securities and AFW Partners. Other investors including Hyundai and Jeff Bezos’s Bezos Expeditions, among others. The Toronto-based company
World Labs, the startup founded by AI pioneer Fei-Fei Li, has unveiled its first project: an AI system that can generate video game-like, 3D scenes from a single image. Lots of AI systems can turn a photo into 3D models and environments. But World Labs’ scenes are unique in that they’re interactive — and modifiable.
A new app called Death Clock predicts the date of its users’ deaths and offers tips on how to push that date back. TechCrunch wrote about an iPod Death Clock app way back in 2006 — but developer Brett Franson told Bloomberg that with an AI trained on more than 1,200 life expectancy studies, his
As promised, startup accelerator Y Combinator’s imminent Demo Day will be happening in person. In fact, YC seems to have kicked off the IRL return of Demo Day at the end of the long Thanksgiving weekend, with an in-person Alumni Demo Day on Sunday for the Fall 2024 class of startups. Squad founder (and later