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…
Tesla is facing an investigation by the NHTSA after a fatal accident involving its ‘Full Self Driving’ mode…
Share to FacebookShare to TwitterShare to LinkedinThis is the published version of Forbes’ CIO newsletter, which offers the latest news for chief innovation officers and other technology-focused leaders. Click here to get it delivered to your inbox every Thursday. Even though neither of the candidates on major presidential tickets are talking much about AI, it’s…
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…
I’ve had it for about a month now and the air smells so much fresher…
Share to FacebookShare to TwitterShare to LinkedinTopline SpaceX has accused a California agency of political bias against its chief executive Elon Musk after it rejected a request from the company to increase the number of launches in the state, according to a lawsuit filed Tuesday, which included comments from officials who criticized Musk’s involvement in…
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…





