Artificial Intelligence (AI)

Physical AI startup BrightAI bootstraps to $80m in revenue

When Alex Hawkinson was the CEO of SmartThings, the consumer-focused connected devices company he co-founded and sold to Samsung for around $200 million, he kept thinking that internet of things (IoT) technology could probably solve bigger issues. He left SmartThings in 2018 to figure out where connected devices could make the largest impact. He co-founded […]

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Here’s the full list of 44 US AI startups that have raised $100M or more in 2024

For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category. AI deals continued to dominate venture funding during the third quarter. AI companies raised $18.9 billion in Q3, according to Crunchbase data. That figure represents 28% of all venture funding. The third quarter also saw the close of

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Buddy.ai is using AI and gaming to help children learn English as a second language

In 2014, Ivan Crewkov moved his family from Serbia to the U.S. as his startup, Cubic.AI, was preparing to launch a Kickstarter campaign for its smart speaker. A week before the campaign was supposed to go live, Amazon launched its Echo smart speaker, rendering Cubic.AI essentially dead in the water. “It was a disaster,” Crewkov

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Clashing approaches to combat AI’s ‘perpetual bulls**t machine’

The AI stage at TechCrunch Disrupt 2024 got off to a fiery but constructive start on a panel about combating disinformation. But in a spirited exchange of views tempered by expressions of respect and agreement, all three panelists had harsh words for social media and generative AI. None was harsher, though, than Imran Ahmed, CEO

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Ashton Kutcher’s Sound Ventures backs Fei-Fei Li’s World Labs in continued AI push

Ashton Kutcher’s VC firm, Sound Ventures, co-led by general partners Guy Oseary and Effie Epstein, is betting on AI — including with an investment in Fei-Fei Li’s World Labs, the investors confirmed on stage at TechCrunch Disrupt 2024 on Tuesday. The startup, founded by Li, the Stanford professor dubbed the “Godmother of AI,” has already

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Ashton Kutcher explains why he’s betting on AI, but not trying to pick a ‘winner’

Ashton Kutcher, co-founder of Sound Ventures, believes that every company is going to become an AI company, but that there might not be a winner in the space. The actor and investor spoke at TechCrunch Disrupt 2024 on Tuesday alongside Sound co-founder Guy Oseary and partner Effie Epstein to detail what the firm is looking

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After selling Anchor to Spotify, co-founders reunite to build AI educational startup Oboe

The co-founders who sold their last startup to Spotify are working on a new project: an AI-powered educational startup called Oboe backed by a $4 million seed investment. The new company, hailing from Nir Zicherman and Michael Mignano, aims to democratize access to learning the way that their prior startup, Anchor, made it possible for

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From Goodreads’ founder, Smashing debuts its AI-powered app for online readers

Smashing, a new app curating the best of the web from Goodreads co-founder Otis Chandler, is now available to the public. Like Goodreads, the app aims to create a community around content. But this time, instead of books, the focus is on web content — like news articles, blog posts, social media posts, podcasts, and

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