Author: TechCrunch News

Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth potential and that his startup, once valued at $22 billion, is now effectively worth “zero.” Speaking to a group of journalists, Raveendran said the company’s aggressive acquisition of more than two dozen…

The U.S. automotive safety regulator has opened a new investigation into Tesla’s Full Self-Driving (Supervised) software after four reported crashes in low-visibility situations. © 2024 TechCrunch. All rights reserved. For personal use only…

Navigating the complex decision of when to sell a startup or keep pushing forward is one of the toughest challenges founders face. In an era where IPOs are frequently delayed and acquisition offers arrive earlier, determining the right moment to either cash out or stay independent is increasingly nuanced…

As we’ve reported before, enterprise CIOs are taking generative AI slow. One reason for that is AI doesn’t fit into existing software engineering workflows, because it literally doesn’t speak the same language. For instance, LLMs (aka large language models) require a lot of cajoling to deliver valid JSON…

The startup seeks to reduce inefficiencies for electricians, including from site visits while quoting jobs. © 2024 TechCrunch. All rights reserved. For personal use only…

Photonic computing startup Lightmatter has raised $400 million to blow one of modern datacenters’ bottlenecks wide open. The company’s optical interconnect layer allows hundreds of GPUs to work synchronously, streamlining the costly and complex job of training and running AI models. The growth of AI and its correspondingly immense compute requirements have supercharged the datacenter…

Not everyone in the U.S. has given up on the Russian-made antivirus. Some Americans have found ways to get around the ban and are still using Kaspersky’s antivirus. © 2024 TechCrunch. All rights reserved. For personal use only…

Instagram is rolling out a new “profile card” feature that is essentially a digital business card for your profile. The official launch comes a few months after the Meta-owned social network was spotted testing the feature with select creators.  The new two-sided profile cards are designed to make it easier for users to share their…

Google is rolling out Android 15 today to Pixel devices. It is also adding new features through the October Pixel drop, including improved low-light photography on Instagram and support for underwater photography and video. Android 15 updates Android 15 has a private space feature that lets you hide and lock apps behind a separate PIN…

Procurement — the process of requesting, vetting and eventually buying IT and other supplies in an organization — is typically one of the more frustrating, dry, yet inevitable aspects of a workplace.  When you are in need of a new app or device, or when you need to renew an existing contract for one in…