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Amazon has formed a new group within AWS dedicated to creating AI agents, systems that help people automate parts of their lives, Reuters reported on Tuesday. In an email to staff seen by Reuters, AWS CEO Matt Garman said agentic AI has the potential to be “the next multi-billion business for AWS.” A longtime AWS…

The fintech startup has been under federal scrutiny for years for questionable financial and carbon accounting practices. © 2024 TechCrunch. All rights reserved. For personal use only…

Alec Radford, a researcher who helped develop many of OpenAI’s key AI technologies, has been subpoenaed in a copyright case against the AI startup, according to a court filing Tuesday. The filing, submitted by an attorney for the plaintiffs to the U.S. District Court in the Northern District of California, indicated that Radford was served…

Generative AI is quickly transforming industries and redefining productivity. getty The tech industry boasts a remarkable history of innovations and technological breakthroughs that have transformed industries and the workplace. In my 43 years at Creative Strategies, I’ve witnessed some of the most groundbreaking technological moments. From working with IBM on the first PC launched in…

Three key investors have left General Catalyst amidst a series of recent changes at the firm, which now describes itself as an “investment and transformation company,” TechCrunch has learned. The departed managing directors include Deep Nishar and Kyle Doherty, who co-led General Catalyst’s late-stage strategy known as Endurance…

Singapore just arrested 3 men for allegedly smuggling Nvidia chips. © 2024 TechCrunch. All rights reserved. For personal use only…