AI

European AI startups raised $8 billion in 2024

In just a few days, France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders. They’ll most likely announce some big investments and diplomatic agreements focused on safety or the environmental impact of artificial intelligence. Ahead of the summit, early-stage VC firm Galion.exe, growth investment […]

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Alphabet praises DeepSeek, but it’s massively ramping up its AI spending

Booming AI budgets seemed at risk last week when DeepSeek crashed Nvidia’s stock based on speculation that its cheaper AI models would lower demand for AI chips and data centers. Alphabet CEO Sundar Pichai has certainly noticed the Chinese AI company, praising its work as “tremendous” in Alphabet’s latest earnings call (while adding that some of Gemini’s models are

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This Week in AI: Billionaires talk automating jobs away

Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. You might’ve noticed we skipped the newsletter last week. The reason? A chaotic AI news cycle made even more pandemonious by Chinese AI company DeepSeek’s sudden rise to prominence, and the response from practically ever corner

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Former Tesla engineer heading government agency reportedly outlines ‘AI-first strategy’

Thomas Shedd, the former Tesla engineer now serving as the director of Technology Transformation Services, reportedly outlined an “AI-first strategy” for the U.S. government department. According to a report from Wired citing multiple sources, the Musk ally described the plan to run the office like a “startup software company” during a Monday meeting. The New

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Canada’s StackAdapt snaps up $235M for its AI-based programmatic platform

While the U.S. and Canada duke it out over tariffs between the two countries, a tech company based out of Toronto is announcing a major round of funding led by a homegrown VC. StackAdapt, a programmatic advertising startup, says that it has raised $235 million in equity funding, with Teachers’ Venture Growth (TVG) — the

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