Sprinklr, a U.S. firm providing a customer experience management platform to global brands, has laid off about 15% of its workforce — around 500 employees — due to business performance not meeting expectations, the company confirmed to TechCrunch. The new layoffs come less than a year after the company cut about 3% of its workforce in…
Boston Dynamics Wednesday announced a partnership designed to bring improved reinforcement learning to its electric Atlas humanoid robot. The tie-up is with the Robotics & AI Institute (RAI Institute), earlier known as The Boston Dynamics AI Institute. Both organizations were founded by Marc Raibert, a former MIT professor who served as Boston Dynamics’ CEO for…
Every Sunday, NPR host Will Shortz, The New York Times’ crossword puzzle guru, gets to quiz thousands of listeners in a long-running segment called the Sunday Puzzle. While written to be solvable without too much foreknowledge, the brainteasers are usually challenging even for skilled contestants. That’s why some experts think they’re a promising way to…
The race is on to build a new generation of healthcare software to replace legacy hospital systems that in some cases may not have been updated in decades. A startup out of Munich, Germany called Avelios has ambitions to build a new kind of end-to-end administrative system, leaning into more modern tooling using AI and…
Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally deployed, but now startups are joining the arena, powered by generative AI. One such is Trace.Space, coming out of Riga,…
In just a few days, France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders. They’ll most likely announce some big investments and diplomatic agreements focused on safety or the environmental impact of artificial intelligence. Ahead of the summit, early-stage VC firm Galion.exe, growth investment…
Hitachi Ventures secured $400 million for a fourth fund, the firm exclusively told TechCrunch. The size of the new fund is a vote of confidence in a range of deep tech verticals. The corporate VC’s sprawling portfolio mimics that of its limited partner’s, including energy, manufacturing, biotech, and AI. “We are open to other breakthrough…
On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI’s American backyard, OpenAI is diving into expanding in Asia, with major commercial deals that will also help it train its AI on more Asian-language content and user behavior — a gateway to doing more business in these markets in the future…
A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and middle-income workers. The company provides solutions like salary advances, digital payments, and microloans to help…
U.S. food delivery giant Grubhub says hackers accessed the personal details of customers and drivers after breaching its internal systems. Grubhub is a popular food-ordering and delivery platform with over 375,000 merchants and 200,000 delivery providers using its platform in more than 4,000 U.S. cities. New York-based Wonder Group acquired the company last fall in…
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