Grim news coming in from Sicily, Italy. Mike Lynch, the U.K. investor and founder of IT company Autonomy, has been identified as one of two bodies recovered from the Bayesian, the yacht that sunk off the coast of Sicily early Monday, according to several reports coming out of the country that cite the Chief of […]
Grafana Labs, the open-source company that probably powers at least a few operational dashboards in your company, today announced the completion of a primary and secondary transaction worth about $270 million, with the proceeds going to the company and some of its stockholders. The company describes this as an extension to its $240 Series D
Grafana Labs raises $270M | TechCrunch Read More »
After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a month. Earlier this month, Reuters reported that Cisco was planning a second round of layoffs this year, after letting go of around 4,000 workers in
Cisco employees face a month of silence ahead of second layoff in 2024 Read More »
Fabric Cryptography, a hardware startup by MIT and Standford dropouts (and married couple) Michael Gao and Tina Ju, wants to make modern cryptographic techniques like zero-knowledge proof (which lets you prove things without giving up exactly what you know) and fully homomorphic encryption (which enables you to work with encrypted data without decrypting it) ubiquitous.
How Fabric plans to make advanced cryptography ubiquitous Read More »
The AI industry continues to release tons of new models, and companies looking to stay competitive are racing to adopt them for their purposes. In fact, nearly 10% of businesses plan to spend a whopping $25 million this year on AI initiatives, according to tech consulting firm Searce. But while lots of money is being
Eppo lands new cash to grow its app, website and AI experimentation business Read More »
Update: Authorities have yet to access the inside of the sunken yacht, and Mike Lynch is still classified as missing. Other details have emerged in the interim. The accident appears to have been caused by a major storm and a resulting tornado-like water column that ensnared and damaged the yacht. Among the other six people
Mike Lynch, the investor and high-profile founder of U.K. tech firm Autonomy, has been declared missing at sea after the yacht he was on, the Bayesian, capsized in a storm off the coast of Sicily early Monday morning. TechCrunch confirmed with a source close to the rescue operation that Lynch is one of six people
Copilot is Microsoft’s take on productivity-boosting generative AI, and it continues to grow and expand with Microsoft’s AI ambitions. Today, there are around a dozen Copilot-branded products powering various capabilities in Microsoft software and services, like summarizations in Microsoft Outlook and transcriptions in Microsoft Teams. That’s in addition to Microsoft-owned GitHub Copilot tool for generating
Microsoft Copilot: Everything you need to know about Microsoft’s AI Read More »
Cockroach Labs, the business and core developer behind the eponymous distributed SQL database known as CockroachDB, is changing its licensing once again — five years after it moved on from an open source model. The company revealed today that its consolidating its self-hosted product under a single enterprise license, a move designed to encourage larger
Cockroach Labs shakes up its licensing to force bigger companies to pay Read More »
Former Google CEO Eric Schmidt, who has since moved on to greener and perhaps more dangerous pastures, told an audience of Stanford students recently that “Google decided that work-life balance and going home early and working from home was more important than winning.” Evidently this hot take was not for wider consumption, as Stanford —
Video of Eric Schmidt blaming remote work for Google’s woes mysteriously vanishes Read More »
