In a pitch to investors last spring, Anthropic said it intended to build AI to power virtual assistants that could perform research, answer emails, and handle other back-office jobs on their own. The company referred to this as a “next-gen algorithm for AI self-teaching” — one it believed that could, if all goes according to […]
Anthropic’s new AI model can control your PC Read More »
The software supply chain, which comprises the components and processes used to develop software, has become precarious. According to one recent survey, 88% of companies believe poor software supply chain security presents an “enterprise-wide risk” to their organizations. Open source supply chain components are especially fraught, thanks to the logistical hurdles in keeping each component well-maintained.
Socket lands a fresh $40M to scan software for security flaws Read More »
In August, Elon Musk’s xAI promised to make Grok, the company’s flagship generative AI model powering a number of features on X, available via an API. Now, that API has arrived — albeit a bit bare-bones at the moment. The xAI API only has a single model, “grok-beta,” priced at $5 per million input tokens
xAI, Elon Musk’s AI startup, launches an API Read More »
AWS CEO Matt Garman has harsh words for remote workers: return to the office or quit. The Amazon executive recently told employees who don’t like the new five-day in-person work policy that, “there are other companies around,” presumably companies they can work for remotely, Reuters reported on Thursday. Amazon’s top boss, Andy Jassy, told employees
Amazon indicates employees can quit if they don’t like its return-to-office mandate Read More »
Website builder Squarespace is no longer a publicly-traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6 billion, and an enterprise valuation
Permira completes Squarespace acquisition after upping bid to $7.2B Read More »
Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. The layoffs appear to have hit employees working on Threads, recruiting, legal operations, and design, among other teams, according to social media posts announcing the layoffs
Meta lays off employees across multiple teams Read More »
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. Last week, AWS lost a top AI exec. Matt Wood, VP of AI, announced that he’d be leaving AWS after 15 years. Wood had long been involved in the Amazon division’s AI initiatives; he was appointed
This Week in AI: AWS loses a top AI exec Read More »
The retail sector needs Inventory planning to maintain margins and meet demand. This is getting harder because there are now many distribution channels, more complex supply chains, and shorter sales cycles. Mid-market retailers and premium brands have less firepower than the retail giants and tend to rely on legacy software. Founded in 2020, Autone aims
Long careers in luxury fashion led to a $17M raise for this supply chain platform Read More »
David Karandish has been busy. Capacity, his support automation company, was planning a $5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. So they threw in an additional $21 million for what became Capacity’s $26 million Series D.
Support automation firm Capacity grows with new cash and acquisitions Read More »
Alert management for developers and ops teams may seem like a solved problem. Notifying an on-call engineer isn’t exactly difficult anymore, after all. But the real question has become when to alert the right person and how to help them when a service goes down, for example. Many are turning to AI to solve some
Keep’s AIOps platform helps ops teams reduce alert fatigue Read More »
