The Latest
AI
Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry
19 mins ago
South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems…
Here’s a list of third-party apps that were Sherlocked by Apple at this year’s WWDC.
Enterprise
Germany’s Black Semiconductor raises $273M for graphene-based chip connectivity tech
3 hours ago
Tech sovereignty has become a looming priority for a number of nations these days, and now, with the demand for compute power at its highest level yet thanks to uptake…
Featured Article
Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers
It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth…
3 hours ago
Fresh off the success of its first mission, satellite manufacturer Apex has closed $95 million in new capital to scale its operations. The Los Angeles-based startup successfully launched and commissioned…
After educating the D.C. market, YC aims to leverage its influence, particularly in areas like competition policy.
Government & Policy
FTC Chair Lina Khan tells TechCrunch the agency is pursuing the ‘mob bosses’ in Big Tech
10 hours ago
Lina Khan says the FTC wants to be effective in its enforcement strategy, which is why it has been taking on lawsuits that “go up against some of the big…
With dozens of antitrust cases and close to a hundred on the consumer protection side, the agency is now turning to innovative tactics to help it fight fraud, particularly in…
The ability to pause your activity rings is a minor feature update for most, but for those of us who obsess about such things to an unhealthy degree, it’s the…
Featured Article
Why Apple is taking a small-model approach to generative AI
It’s a very Apple approach in the sense that it prioritizes a frictionless user experience above all.
11 hours ago
Where we’ll be next
Oct 28th
TechCrunch Disrupt 2024
San Francisco, CA
When generative AI tools started making waves in late 2022 after the launch of ChatGPT, the finance industry was one of the first to recognize these tools’ potential for speeding…
Space
Biden administration looks to give Rocket Lab $24M to boost space-grade solar cell production
12 hours ago
In addition to the federal funding, the state of New Mexico — where SolAero is based — committed to providing financing and incentives that value $25.5 million.
Some of the new Apple Intelligence features that Apple debuted at WWDC 2024 don’t even feel like AI, they just feel like smarter tools.
AI
Here’s everything Apple announced at the WWDC 2024 keynote, including Apple Intelligence, Siri makeover
14 hours ago
The TechCrunch team runs down all of the biggest news from the Apple WWDC 2024 keynote in an easy-to-skim digest.
Jordan Meyer and Mathew Dryhurst founded Spawning AI to create tools that help artists exert more control over how their works are used online. Their latest project, called Source.Plus, is…
Apps
TikTok comes for Google as it quietly rolls out image search capabilities in TikTok Shop
15 hours ago
After leading the social media landscape, TikTok appears to be interested in challenging Google’s dominance in search. The company confirmed to TechCrunch that it’s testing the ability for users to…
General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston. GM’s CFO…
These messaging features, announced at WWDC 2024, will have a significant impact on how people communicate every day.
Welcome to TechCrunch Fintech! This week, we’re looking at Rippling’s controversial decision to ban some former employees from selling their stock, Carta’s massive valuation drop, a GenZ-focused fintech raise, and…
AI
TechCrunch Minute: Apple unveils Apple Intelligence, its new generative AI offering
9:00 AM PDT • June 11, 2024
Apple announced at WWDC 2024 that it’s making its big move into AI with a new technology it calls Apple Intelligence. Apple CEO Tim Cook…
