artificial intelligence

How Otter.ai’s CEO is pushing the company to be more than just a meeting scribe

Enterprise /

Otter.ai CEO Sam Liang isn’t satisfied with the company being viewed, and used, as just a meeting notetaker. Liang wants Otter.ai to become a go-to source for enterprises and a new batch of products released Tuesday is the first step in that evolution. The Silicon Valley-based AI meeting assistant startup released Tuesday a new suite of tools […]

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Anker offered Eufy camera owners $2 per video for AI training

Security /

Earlier this year, Anker, the Chinese company that makes Eufy security cameras, offered its users money in exchange for videos of package and car thefts.  The popular internet-connected security camera maker said it would pay its customers $2 per video to train its AI systems to help better detect thieves who steal cars and packages.  

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Flai is the latest startup bringing AI to car dealerships

Transportation /

Silicon Valley is full of comfortable offices with gleaming meeting rooms and on-site baristas. So when early HappyRobot engineer Ari Polakof decided to strike out and start his own company, he didn’t exactly expect to wind up tapping on his laptop in a service bay alongside mechanics. “Very noisy, impossible to concentrate,” he laughed. But

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Anker offered to pay Eufy camera owners to share videos for training its AI

Security /

Earlier this year, Anker, the Chinese company that makes Eufy security cameras, offered its users money in exchange for videos of packages and car thefts.  The popular internet-connected security camera maker said it would pay its customers $2 per video to train its AI systems to help better detect thieves who steal cars and packages.  

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Meet the end-of-life planning startup co-founded by NBA All Star Russell Westbrook

AI /

When Donnell Beverly Jr. decided to launch end-of-life planning startup Eazewell after the loss of both of his parents, he knew exactly who to call to help launch the business: longtime friend, and nine-time NBA All Star, Russell Westbrook.   “The main thesis with Russ across every business that he touches is how do we impact people?” Beverly Jr. [pictured above] told TechCrunch. “He’s been very vocal about

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A year after filing to IPO, still-private Cerebras Systems raises $1.1B

Enterprise /

Nvidia rival Cerebras Systems raised a new round of private financing despite its previous plan be trading on the public market by 2025.   Silicon Valley-based Cerebras announced it raised a $1.1 billion Series G round on Tuesday that valued the AI hardware company at $8.1 billion. The round was co-led by Fidelity and Atreides Management with participation from Tiger Global, Valor Equity Partners, and 1789 Capital, among others.   Cerebras,

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Oracle is reportedly looking to raise $15B in corporate bond sale

Enterprise /

Oracle is reportedly looking to raise funds just weeks after the company inked an historic AI infrastructure deal with OpenAI.   Cloud infrastructure giant Oracle is looking to raise $15 billion through corporate bond sales, according to reporting from Bloomberg, citing sources. The sale could include up to seven different parts, with the potential for one said part to be an uncommon 40-year bond, Bloomberg reported.   TechCrunch reached out

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Oracle promotes two presidents to co-CEO role

Enterprise /

Oracle is shaking up its executive suite as it sets its sights set on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles.   Magouyrk joined Oracle in 2014 from Amazon Web Services. He was a founding member of Oracle’s cloud engineering team and has served as the president of Oracle’s cloud infrastructure business unit for more than

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Huawei announces new AI infrastructure as Nvidia gets locked out of China

Hardware /

Tech giant Huawei unveiled new AI infrastructure meant to help boost compute power and allow the company to better compete with rival chipmaker Nvidia.   At a keynote at its Huawei Connect conference on Thursday, Shenzhen, China-based Huawei announced new SuperPoD Interconnect technology that can link up to 15,000 graphics cards, including Huawei’s Ascend AI chips, together to increase compute power.  This tech seems to be a competitor for Nvidia’s NVLink infrastructure, which facilitates high-speed communication between AI chips.   Technology like this is critical for Huawei

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China tells its tech companies they can’t buy AI chips from Nivida 

Government & Policy /

Nvidia just got shut out of the Chinese market — this time by the Chinese government instead of the US.   China’s internet regulator, the Cyberspace Administration of China, has banned domestic tech companies from buying Nvidia AI chips on Wednesday, as first reported by the Financial Times.   The agency also told tech companies including ByteDance and Alibaba to stop testing

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