AI

Ex-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics venture

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Sankaet Pathak’s last startup, fintech Synapse, filed for bankruptcy in 2024 amid issues with partner Evolve Bank & Trust. Tens of millions of dollars in deposits made by consumers, mostly customers of fintechs that worked with Synapse, remain unaccounted for. Yet according to The Information, Pathak is reportedly moving full steam ahead on attempts to […]

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Meta taps former Google DeepMind director to lead its AI research lab

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Meta has chosen Robert Fergus to lead its Fundamental AI Research (FAIR) lab, according to Bloomberg. Fergus had been working at Google DeepMind as a research director for nearly five years, per his LinkedIn. Prior to Google, he worked as a researcher scientist at Meta. Meta’s FAIR, which has been around since 2013, has faced

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Google launches ‘implicit caching’ to make accessing its latest AI models cheaper

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Google is rolling out a feature in its Gemini API that the company claims will make its latest AI models cheaper for third-party developers. Google calls the feature “implicit caching” and says it can deliver 75% savings on “repetitive context” passed to models via the Gemini API. It supports Google’s Gemini 2.5 Pro and 2.5

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Exhibit your startup at TechCrunch Sessions: AI while you still can! 

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If you’ve been waiting for the right moment to act, this is it. You have just 24 hours left to secure your exhibit table at TechCrunch Sessions: AI and position your brand at the center of the conversation shaping the future of the AI industry. TechCrunch Sessions: AI is bringing together the brightest builders, boldest

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OpenAI launches a data residency program in Asia

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OpenAI is introducing a new data residency program in Asia, the company announced Thursday, following the rollout of its data residency program in Europe in February. The new program, which is available for OpenAI’s ChatGPT Enterprise, ChatGPT Edu, and the OpenAI API, aims to help Asia-based organizations meet local data sovereignty requirements while using the

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Asking chatbots for short answers can increase hallucinations, study finds

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Turns out, telling an AI chatbot to be concise could make it hallucinate more than it otherwise would have. That’s according to a new study from Giskard, a Paris-based AI testing company developing a holistic benchmark for AI models. In a blog post detailing their findings, researchers at Giskard say prompts for shorter answers to

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Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla

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Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it has invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are so small they’re trained with low-end gaming GPUs worth

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OpenAI wants to team up with governments to grow AI infrastructure

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OpenAI is launching a program, OpenAI for Countries, that the company says will enable it to build out the local infrastructure needed to better serve international AI customers. As a part of the new program, OpenAI will partner with governments to assist with efforts like building out data center capacity and customizing OpenAI’s products, including

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ServiceNow acquires Data.World months after snatching up Moveworks

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Enterprise workflow management platform ServiceNow on Wednesday announced its second AI-related acquisition this year. ServiceNow said that it has signed a definitive agreement to acquire Data.World, a cloud-native data catalog and data governance platform. Austin, Texas-based Data.World was founded in 2015, and previously raised more than $130 million in venture financing from firms such as

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