Ahead of a May deadline to lock in guidance for providers of general purpose AI (GPAI) models on complying with provisions of the EU AI Act that apply to Big AI, a third draft of the Code of Practice was published on Tuesday. The Code has been in formulation since last year, and this draft […]
In a grandmaster-level chess move, OpenAI has signed a five-year, $11.9 billion agreement with the GPU-heavy cloud service provider CoreWeave, according to Reuters, which cites people close to the deal. The deal involves OpenAI receiving $350 million worth of equity in CoreWeave, the sources told Reuters. The private placement is said to be separate from
In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave Read More »
Poolside co-founder and CEO Jason Warner didn’t mince words: He thinks that most companies looking to build foundation AI models should instead focus on building applications. Poolside is an AI-powered software development platform. Warner told the audience at the HumanX AI conference in Las Vegas on Monday that he doesn’t think anyone who doesn’t think
Poolside CEO says most companies shouldn’t build foundation models Read More »
If you want to amplify your brand to over 1,000 AI experts and innovators, there’s no better way than by hosting a Side Event during TechCrunch Sessions: AI Week. From June 1 to June 7, TechCrunch is looking for fun and thought-provoking events to coincide with TC Sessions: AI, which takes place on June 5
Host a Side Event at Sessions: AI Read More »
Several popular voice cloning tools on the market don’t have “meaningful” safeguards to prevent fraud or abuse, according to a new study from Consumer Reports. Consumer Reports probed voice cloning products from six companies — Descript, ElevenLabs, Lovo, PlayHT, Resemble AI, and Speechify — for mechanisms that might make it more difficult for malicious users
Consumer Reports finds popular voice cloning tools lack safeguards Read More »
On June 5, 1,200 of the brightest minds in AI and VC leaders will converge in Zellerbach Hall at UC Berkeley for TechCrunch Sessions: AI — the must-attend AI event of the year. What does this mean for your startup? A prime opportunity to showcase your breakthrough to a crowd hungry for AI innovation. We’ve
Showcase your innovation — exhibit at TechCrunch Sessions: AI Read More »
ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools. ServiceNow will pay $2.85 billion for Moveworks in a mix of cash and stock. The former expects the deal to close in the second half of 2025. Bloomberg reported the deal late on Sunday night. As of
ServiceNow to buy Moveworks for $2.85B to grow its AI portfolio Read More »
A federal judge is allowing an AI-related copyright lawsuit against Meta to move forward, although he dismissed part of the suit. In Kadrey vs. Meta, authors including Richard Kadrey, Sarah Silverman, and Ta-Nehisi Coates have alleged that Meta has violated their intellectual property rights by using their books to train its Llama AI models, and
Judge allows authors’ AI copyright lawsuit against Meta to move forward Read More »
Disney highlights links between movies, parks, and tech Disney’s SXSW session on “The Future of World-Building” lived up to its promise of special guests, with appearances from “The Mandalorian” creator Jon Favreau, Pixar chief creative officer Pete Docter, Marvel Entertainment president Kevin Feige, and “Iron Man” star Robert Downey Jr. They appeared alongside the Imagineers
TechCrunch will be on the ground at SXSW 2025 — the annual tech, music, comedy, and film conference that kicked off Friday in Austin — in search of the zeitgeist of this AI-centric era. The tech portion of the annual event kicked off Friday and will run through March 13. The conference begins with several
SXSW 2025 live coverage: AI takes center stage Read More »
