Venture capital firm NFX laid off four employees in September as the firm looks to “rebalance” its resources from its software and product teams to its investing team, general partner Pete Flint told TechCrunch. The layoffs included one product leader and three engineers, Flint said. About a week ago, Amy Lin, chief product officer since […]
VC firm NFX laid off 4 employees and plans to hire more investors Read More »
Earlier this year, Kobold Metals found what might be one of the largest high-grade copper deposits of all time, with the potential to produce hundreds of thousands of metric tons per year, the company’s CEO said. Now, just eight months later, Kobold is close to raising over half a billion dollars. The funding should help
Seven years ago, GM became the first automaker to offer hands-free driving when it rolled out its Super Cruise advanced driver assistance system. Now, it’s looking to push that capability even further with a system that would allow drivers to keep their eyes off the road too, according to one of GM’s top software executives.
GM is working on an eyes-off, hands-off driving system Read More »
Seven years ago, GM became the first automaker to offer hands-free driving when it rolled out its Super Cruise advanced driver assistance system. Now, it’s looking to push that capability even further with a system that would allow drivers to keep their eyes off the road too, according to one of GM’s top software executives.
GM is working on an eyes-off, hands-off driving system Read More »
Nearly every founder has the same concern: how can they ensure their startup has enough cash to deliver on its promise. For most, that means wooing venture capitalists early and often, trading equity in the company and board seats for cash to keep the lights on. For Teague Egan, it also means courting retail investors.
When Also Capital managing partner Mike Annunziata walks around New York City these days, he sees lots of vans — and opportunity. It’s something he admits he never noticed until he met former SpaceX engineer Sam Shapiro, who is the founder of a new Detroit-based modular electric RV startup called Grounded. Sometimes, Annunziata told TechCrunch,
Detroit startup Grounded has a Lego-like way of designing EV vans for small businesses Read More »
ElevenLabs, a startup that makes AI tools for audio applications, is being approached by existing and new investors about a new round, which could value the company as highly as $3 billion, TechCrunch has learned. The two-year-old company specializes in making AI tools to generate synthetic voices for audiobook narrations, and for real-time video dubbing
Investors are scrambling to get into ElevenLabs, which may soon be valued at $3 billion Read More »
AI tends to make things up. That’s unappealing to just about anyone who uses it on a regular basis, but especially to businesses, for which fallacious results could hurt the bottom line. Half of workers responding to a recent survey from Salesforce say they worry answers from their company’s generative AI-powered systems are inaccurate. While
Voyage AI is building RAG tools to make AI hallucinate less Read More »
We have only touched the surface of what drones can do and how ubiquitous they will become. This is also true in industry, where they have the potential to replace human labor in risky activities such as inspection at height. Swiss startup Voliro operates in this space, with flying robots that can inspect wind turbines,
ETH Zurich spinoff Voliro’s flying robots save lives, but don’t tell its CEO Read More »
Agence France-Presse, one of the world’s largest news organizations, has notified French regulators of a potential data breach following a cyberattack last week. The AFP, which has an editorial presence in 260 cities across 150 countries, said in a brief statement on Saturday that it detected an “attack on its systems” that affected part of
News agency AFP notifies French authorities of potential data breach Read More »
