Bankrupt EV startup Fisker is reversing course just a few days after telling owners that they would have to pay labor costs for recall repairs. The company edited the FAQ page on its website to say “Fisker will provide the necessary parts (including the labor) at no cost to you.” Fisker originally broke the bad
Runway, a startup developing AI video tools, including video-generating models, has partnered with Lionsgate — the studio behind the “John Wick” and “Twilight” franchises — to train a custom video model on Lionsgate’s movie catalog. Lionsgate vice chair Michael Burns said in a statement that the studio’s “filmmakers, directors and other creative talent” will get
Fal.ai, a dev-focused platform for AI-generated audio, video, and images, today revealed that it’s raised $23 million in funding from investors including Andreessen Horowitz (a16z), Black Forest Labs co-founder Robin Rombach, and Perplexity CEO Aravind Srinivas. It’s a two-round deal. $14 million of Fal’s total came from a Series A tranche led by Kindred Ventures.
Ashraf Hebela, J.P. Morgan’s Head of Startup Banking, may sit on the finance side of startups these days. But he once sat in the founder seat. It’s been his experience in these two worlds — as a founder and a decades-long finance career including a 13-year stint at Silicon Valley Bank — that informs his
The main attraction of YouTube’s Made On YouTube event on Wednesday morning was, you guessed it, artificial intelligence. The company announced that it is integrating Google DeepMind’s AI video generation model, Veo, into YouTube Shorts, letting creators generate high-quality backgrounds as well as six-second clips. At Google’s I/O 2024 developer conference, Veo was unveiled as
Edera, a startup looking to simplify and improve how Kubernetes containers and AI workloads are secured by offering a new hypervisor, today announced that it has raised a $5 million seed funding round led by 645 Ventures and Eniac Ventures. Kubernetes is now 10 years old, but Edera founders Ariadne Conill (distinguished engineer), Emily Long
Luminate’s wearable device for hair retention during chemotherapy treatment is getting the testing it needs for commercial release, but the startup is already looking ahead to its next goal: powering at-home cancer care. A new $15 million funding round should help it make a start on it. The startup is one of the most unusual,
All consumer electronics are works in progress. This is the nature of the refresh cycle. Every year or so, a new one arrives with new features, bidding you to upgrade. You’ve no doubt observed how gadgets show their age after a few years. From the early adopter’s perspective, they age like a fine milk. The
YouTube creators no longer have to rely solely on the recommendation algorithm, search results, or collabs to help them grow their audience. At the company’s Made on YouTube event on Wednesday, YouTube announced a new feature that will allow a creator’s existing viewers to help “hype” a video with a click of a button, allowing
Workday announced on Tuesday that it’s acquiring Evisort, an AI-powered contract management platform, for an undisclosed amount. In a statement, Terrance Wampler, group general manager at Workday, said that Evisort’s tech will enable Workday to add a range of AI-powered document processing tools to its existing finance and HR software. “Evisort will help us deliver
As part of a new, joint pilot program by U.K. startup Apian, Alphabet’s drone company Wing, and the U.K.’s National Health Service, drones will soon be used to fly urgent blood samples between two hospitals in London. As part of the six-month pilot program, drones will deliver urgently required blood samples for surgery patients —
Al Gore has enjoyed a very successful career, including as a U.S. senator, U.S. Vice President, U.S. presidential nominee, and even Nobel Peace Prize winner in 2007 for “informing the world of the dangers posed by climate change.” This past May, he was awarded the Presidential Medal of Freedom for his lifetime of service. What
Snapchat is rolling out a simplified version of the app to some users, the company announced on Tuesday during its Snap Partner Summit, as part of a test to make the disappearing photo app easier to use. “Simple Snapchat” declutters the app’s home screen, removing the Snap Map and Stories tabs, and consolidates its navigation
Do you remember what life was like before the cloud? Before this AI revolution? Prukalpa Sankar, the co-founder and CEO of Atlan sat down with the team at Found to chat about the evolution of data management. She knows firsthand how things have changed. She and her co-founder launched SocialCops, where they did much work building
Ursa Major, a startup that produces rocket motors through 3D printing, announced today that it received a $12.5 million contract from the Department of Defense’s Office of Strategic Capital (OSC) and the U.S. Navy to develop new solid-fuel rocket engines. The company, which has raised $274 million according to PitchBook, will match the funding, bringing
AWS’ weird AI-powered keyboard experiment, DeepComposer, is no more. In a blog post today, the company announced it’s shutting down the five-year-old DeepComposer, a physical MIDI piano and AWS service that let users compose songs with the help of generative AI. “After careful consideration, we have made the decision to end support for AWS DeepComposer,”
Are we at peak social media yet? It’s an interesting question to ponder after the launch of an iOS app offering a social media experience just for one. At a glance, SocialAI — which is billed as a pure “AI Social Network” — looks like Twitter but there’s one very big twist on traditionally microblogging:
We’re incredibly excited to announce the final agenda for our dedicated Fintech Stage at TechCrunch Disrupt 2024. It joins Space, SaaS, AI and Builders as the other industry-focused stages — all under one big roof. As the fintech industry evolves, new opportunities abound for founders, investors, and customers. Areas such as mobile banking, global payroll, digital
Hydrogen might be touted as a fuel of the future that stands ready to decarbonize shipping and industry, but for the 90 million metric tons used today in everything from fertilizer production and chemical manufacturing, 96% is derived directly from natural gas, oil, or coal. For instance, one of the most common ways is through
In the release announcing its Watch Series 10’s availability, Apple refers to the device’s “refined” design. It’s an accurate word for the device overall. Whereas early rumors pointed to a potentially fundamental rethink for the device’s 10th edition on-par with the iPhone X, the new smartwatch prioritizes refining over redesigning. Given that roughly one in
Jacob Jackson was all-in on AI early in his career. Jackson co-founded Tabnine, the AI coding assistant that went on to raise close to $60 million in venture backing, while still a computer science student at the University of Waterloo. After selling Tabnine to Codata in 2019 (during his final exams), Jackson joined OpenAI as
Flink, a quick-commerce startup out of Berlin that was an acquisition target of Gorillas, Getir, Amazon, and Gopuff, is spelling out how it plans to go forth on its own. TechCrunch has exclusively learned that the company has raised $150 million, which it will use to double down on business in Germany and the Netherlands
Next year, even wildfires won’t be able to hide from Google. The company is working with Muon Space, the Earth Fire Alliance, and others to launch FireSat, a constellation of satellites that will monitor Earth’s surface for wildfires, updating imagery for authorities every 20 minutes. Google helped develop the infrared sensors that’ll look for telltale
I can’t recall another consumer electronics product category becoming a commodity as quickly as Bluetooth earbuds. Apple’s AirPods played a key role in that growth, of course, recapturing a kind of excitement not seen in consumer music tech since the original iPod. AirPods’ fundamentals haven’t changed much in the eight years since they debuted. The
Gogoro, the Taiwanese electric scooter manufacturer and battery swapping giant, said its CEO and chairman Horace Luke has stepped down amid subsidy fraud allegations, according to a regulatory filing. Gogoro allegedly used Chinese parts for e-scooters to reduce manufacturing costs, despite reporting that it used locally made parts to qualify for government subsidies. In a
As EV startup Fisker prepares to enter the fourth month of its Chapter 11 bankruptcy process, existing owners have received some bad news: they will have to pay labor costs to resolve two of the five outstanding recalls on their Ocean SUVs. Fisker broke the bad news Sunday night in an FAQ posted to its
Accounting for the emissions of a global tech empire is not a simple task, and what industry standards we do have for disclosure may allow tech companies to systematically understate their carbon footprint. A Guardian report compares official declarations of carbon emissions, including what amount to offsets purchased elsewhere, with “location-based” emissions, another standard metric
It’s been three years since Life360’s $205 million acquisition of AirTag competitor Tile. The company announced Monday its new lineup of lost-item Bluetooth trackers, featuring a sleeker redesign in new colors — aqua blue, green, navy blue, and pink. The devices now have several new functionalities, such as an integrated SOS feature, an extended Bluetooth
Runway, one of several AI startups developing video-generating tech, today announced an API to allow devs and organizations to build the company’s generative AI models into third-party platforms, apps, and services. Currently in limited access (there’s a waitlist), the Runway API only offers a single model to choose from — Gen-3 Alpha Turbo, a faster
Earlier this year, former NFL quarterback and civil rights activist Colin Kaepernick launched his AI startup, Lumi. Kaepernick has had thousands of stories written about him, and he knows a thing or two about losing control of his narrative. Now with Lumi, he’s trying to help creators take control of their own narratives, offering AI
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