Category: Tech Crunch

Every now and then, a Silicon Valley startup launches with such an “absurdly” described mission that it’s difficult to discern if the startup is for real or just satire. Such is the case with Mechanize, a startup whose founder – and the non-profit AI research organization he founded called Epoch – is being skewered on...

3The leaders of the House Committee on Energy and Commerce said they are investigating how 23andMe’s bankruptcy might affect customers’ data. Representatives Brett Guthrie, Gus Bilirakis, and Gary Palmer (all Republicans) sent a letter Thursday to the genetic testing company’s interim CEO Joe Selsavage asking a number of questions about how 23andMe will handle customer...

A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership...

OpenAI’s recently launched o3 and o4-mini AI models are state-of-the-art in many respects. However, the new models still hallucinate, or make things up — in fact, they hallucinate more than several of OpenAI’s older models. Hallucinations have proven to be one of the biggest and most difficult problems to solve in AI, impacting even today’s...

Techstars, a nearly 20-year-old startup accelerator, announced new terms for startups that enter its three-month program. The organization will now invest $220,000, which is $100,000 more than it offered previously, in companies starting with its fall 2025 batch. The capital will be divided into two components. The group is offering companies $20,000 in exchange for...

A new animated kids’ series expected to premiere this year won’t be headed for a TV network. Or a streaming service. Instead, the founders of production studio We Ghosted Media plan to launch on a decentralized web platform that uses blockchain technology. And yes, a crypto wallet will be involved.  We Ghosted Media — founded by...

The deal was executed through Oxy Low Carbon Ventures for an undisclosed amount.

Expense management startup Ramp is being considered for a charge card pilot program by the U.S. government’s General Services Administration, the company confirmed to TechCrunch on Thursday. The government’s internal expense card program, dubbed SmartPay, is a $700 billion program. It is estimated that the charge card pilot program contract for which Ramp is being...

On February 18, 2024, Ian Laffey posted on X that he and two others he’d just met built a cheap drone at a hackathon that calculated its coordinates simply by using its camera and Google Maps. He and his colleagues, Sacha Lévy and Carl Schoeller, were all engineers under the age of 25. The tech...