Author: TechCrunch News

Amazon says that it’s establishing a new R&D lab in San Francisco, the Amazon AGI SF Lab, to focus on building “foundational” capabilities for AI agents. The Amazon AGI SF Lab, which will be led by David Luan, the co-founder of AI startup Adept, will seek to build agents that can “take actions in the…

Mitchell Green worked variously in investment banking, as an analyst with Bessemer Venture Partners, and for a hedge fund backed by Tiger Management before striking out on his own in 2011. Going it alone was seemingly the right move. Green now manages money for more than 700 individuals who have committed $5 billion to his…

Age assurance, an umbrella term that refers to technologies for verifying, estimating, or inferring an internet user’s age, is being thrust into the global spotlight thanks to a blanket ban on social media use for people under 16 in Australia. The law, which is expected to come into force in Australia in November 2025…

An Israeli startup specializing in penetrating IoT devices says it’s hiring to “support new business growth” in the US government market. © 2024 TechCrunch. All rights reserved. For personal use only…

Fresh campaign financing data shows that Elon Musk poured more than $260 million into political groups in 2024 that helped Donald Trump win the presidential election and, consequently, secured a position for himself as the co-head of government efficiency, according to the Federal Election Commission. The New York Times reported that Musk and the entities he…

Nowadays is a seed-stage company doing something really useful with AI. It automates large event planning from emails to phone calls. © 2024 TechCrunch. All rights reserved. For personal use only…

Recently, Amp Robotics changed its business model to focus on running entire facilities that sort recyclables. © 2024 TechCrunch. All rights reserved. For personal use only…

In what has become a bit of an annual tradition, I sat down with Amazon CTO Werner Vogels at AWS re:Invent this week. Another annual tradition now is that Vogels, who joined Amazon in 2004, publishes a series of predictions for the next year. It’d be easy to think that this year’s predictions are all…

Senators Ron Wyden and Eric Schmitt are demanding the Department of Defense to do more to secure its telecommunications. © 2024 TechCrunch. All rights reserved. For personal use only…

During an interview at The New York Times’ DealBook Summit on Wednesday, OpenAI CEO Sam Altman said that it’d be “profoundly un-American” for Elon Musk, the CEO of X and Tesla, to wield political influence to “hurt competitors” and “advantage [his] own businesses.” “I don’t think people would tolerate that,” he said…