Tag: Startup

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception…

Recommendation algorithms operated by social media giants TikTok and X have shown evidence of substantial far-right political bias in Germany ahead of a federal election that takes place Sunday, according to new research carried out by Global Witness. The non-government organization (NGO) undertook an analysis of social media content displayed to new users via algorithmically…

Codeium, an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources with knowledge of the deal.  The round is being led by returning investor Kleiner Perkins, the people said. The new round comes just six months after Silicon Valley-based Codeium announced that…

Patreon has continued on its crusade against algorithmic feeds with its latest State of Create report, a look at trends in the creator economy based on internal data, and it’s an effort creators can get behind. In its survey of 1,000 creators and 2,000 fans, the membership platform reported that 53% of creators think it…

A senior Elon Musk staffer created a custom AI chatbot that’s supposed to help DOGE “eliminate” government waste. © 2024 TechCrunch. All rights reserved. For personal use only…

Google has gained permission to sell its e-books and audiobooks directly to customers through its iOS app, Google Play Books. While iOS apps today can offer access to content previously purchased elsewhere, like e-books bought via a website, developers have to request a specific exception to link their iOS app’s users to the company’s own…

Humane announced on Tuesday that most of its assets have been acquired by HP for $116 million. The hardware startup is immediately discontinuing sales of its $499 AI Pins. Humane alerted customers who have already purchased the Pin that their devices will stop functioning before the end of the month — at 12 p.m. PST…

This month, the Trump administration instituted sweeping cuts within the federal agencies in charge of power from hydroelectric dams, raising fears of grid instabilities in key data center markets. The recent layoffs slashed between 13% and 20% of the four Power Marketing Administrations’ workforces, affecting everyone from linemen to the teams that direct power on…

Confused about which AI model to use? Check out this comprehensive list of the most advanced models out there. © 2024 TechCrunch. All rights reserved. For personal use only…

More than 10,000 protesters gathered in New York City on Presidents’ Day to speak out against the current Trump administration and the actions in particular of Elon Musk’s Department of Government Efficiency (DOGE).  It was one of several protests that took place Monday in major cities across the country and came during the same long…