The Latest
Slack is making it difficult for its customers if they want the company to stop using its data for model training.
A Texas-based company that provides health insurances and benefit plans disclosed a data breach affecting almost 2.5 million people, some of whom had their Social Security number stolen. WebTPA said…
Featured Article
Microsoft dodges UK antitrust scrutiny over its Mistral AI stake
Microsoft won’t be facing antitrust scrutiny in the U.K. over its recent investment into French AI startup Mistral AI.
60 mins ago
Startups
AI’s busy week, and why the heck are so many VCs leaving their firms?
7:10 AM PDT • May 17, 2024
If there was one thing we heard about this week, it was AI. As a matter of fact, there were so many AI updates to…
Fintech
Embedded finance is still trendy as accounting automation startup Ember partners with HSBC UK
2 hours ago
Ember has partnered with HSBC in the U.K. so that the bank’s business customers can access Ember’s services from their online accounts.
Fintech
Kudos lands $10M for an AI smart wallet that picks the best credit card for purchases
3 hours ago
Kudos uses AI to figure out consumer spending habits so it can then provide more personalized financial advice, like maximizing rewards and utilizing credit effectively.
Government & Policy
EU warns Microsoft it could be fined billions over missing GenAI risk info
3 hours ago
The EU’s warning comes after Microsoft failed to respond to a legally binding request for information that focused on its generative AI tools.
Startups
A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’
16 hours ago
The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking…
U.K.-based Seraphim Space is spinning up its 13th accelerator program, with nine participating companies working on a range of tech from propulsion to in-space manufacturing and space situational awareness. The…
OpenAI has reached a deal with Reddit to use the social news site’s data for training AI models. In a blog post on OpenAI’s press relations site, the company said…
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San Francisco, CA
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StrictlyVC – Washington, D.C.
Washington, D.C.
May 21st
StrictlyVC – London
London
X users will now be able to discover posts from new Communities that are trending directly from an Explore tab within the section.
For Mark Zuckerberg’s 40th birthday, his wife got him a photoshoot. Zuckerberg gives the camera a sly smile as he sits amid a carefully crafted re-creation of his childhood bedroom.…
AI
Strava taps AI to weed out leaderboard cheats, unveils ‘family’ plan, dark mode and more
21 hours ago
Strava announced a slew of features, including AI to weed out leaderboard cheats, a new ‘family’ subscription plan, dark mode and more.
We all fall down sometimes. Astronauts are no exception. You need to be in peak physical condition for space travel, but bulky space suits and lower gravity levels can be…
Microsoft will launch its custom Cobalt 100 chips to customers as a public preview at its Build conference next week, TechCrunch has learned. In an analyst briefing ahead of Build,…
What a wild week for transportation news! It was a smorgasbord of news that seemed to touch every sector and theme in transportation.
Sony Music Group has sent letters to more than 700 tech companies and music streaming services to warn them not to use its music to train AI without explicit permission.…
Winston Chi, Butter’s founder and CEO, told TechCrunch that “most parties, including our investors and us, are making money” from the exit.
Fintech
Bolt founder Ryan Breslow wants to settle an investor lawsuit by returning $37 million worth of shares
23 hours ago
The investor lawsuit is related to Bolt securing a $30 million personal loan to Ryan Breslow, which was later defaulted on.
Enterprise
With the end of Workplace, it’s fair to wonder if Meta was ever serious about the enterprise
23 hours ago
Meta, the parent company of Facebook, launched an enterprise version of the prominent social network in 2015. It always seemed like a stretch for a company built on a consumer…
