The former lead engineer for Amazon’s Alexa voice assistant told a gathering of Australian blue-chip brands including Qantas, Bankwest, AGL and Open Universities, to stop
Jump offers full-time contracts to freelancers looking for some stability and the benefits involved with a full-time job. © 2024 TechCrunch. All rights reserved. For personal use only. […]
A new Financial Times profile of Mayayoshi Son opens with SoftBank’s CEO seeming to hit bottom, staring at his “ugly” face on Zoom and telling himself, “I have done nothing I can be proud of.” Indeed, Son largely disappeared from the public eye after SoftBank’s Vision Fund took huge losses from investments like WeWork. But […] © 2024 TechCrunch. All rights reserved. For personal use only. […]
Automattic CEO and WordPress co-creator Matt Mullenweg unleashed a scathing attack on a rival firm this week, calling WP Engine a “cancer to WordPress.” Mullenweg criticized the company — which has been commercializing the open source WordPress project since 2010 — for profiteering without giving much back, while also disabling key features that make WordPress […] © 2024 TechCrunch. All rights reserved. For personal use only. […]
Synex Medical just raised $21.8 million to build a portable MRI capable of testing glucose and other important molecules without the need to extract blood. © 2024 TechCrunch. All rights reserved. For personal use only. […]
Jony Ive, the legendary designer who left his full-time role at Apple five years ago, is working on a new startup with OpenAI and its CEO Sam Altman. The collaboration was first reported last year, and Ive confirmed it in a New York Times profile about what he’s been up to since leaving Apple. If […] © 2024 TechCrunch. All rights reserved. For personal use only. […]
The Pedego’s Cargo e-bike is marketed as a powerful and sporty ride that’s geared towards parents toting kids around town and anyone who needs to schlep heavy gear. I spent the summer testing out this cargo e-bike to find out if it met that mission. My take: It’s a stylish ride that can hold plenty […] © 2024 TechCrunch. All rights reserved. For personal use only. […]
The IPO market has not roared back in 2024 as many investors hoped it would — not yet, at least. Elevated interest rates (this week’s 50 bps rate cut notwithstanding) and uncertainty related to the U.S. election have prompted many companies to stay private and wait for better market conditions. But a handful of companies […] © 2024 TechCrunch. All rights reserved. For personal use only. […]
We put together a list of some of our favorite under-the-radar features that you might have missed. © 2024 TechCrunch. All rights reserved. For personal use only. […]
Linux's luminary linchpin, Linus Torvalds, says that despite longstanding reports of burnout in the open source software development realm, Linux is as strong as ever. © 2024 TechCrunch. All rights reserved. For personal use only. […]
This glossary includes some of the most common terms and expressions we use in our articles, and explanations of how — and why — we use them. © 2024 TechCrunch. All rights reserved. For personal use only. […]
Future Tech Ventures (FTV), a new venture capital firm focusing on startups in the Northern Netherlands, officially launched yesterday in Groningen. FTV debuted with a €20mn fund that will support at least 50 high-tech startups in the proof-of-concept phase. The investment period is set between 2024 and 2029. “Startups are often in a very early phase where funding is difficult to secure, and there are significant risks related to technology, market, and team,” Niek Huizenga, fund manager at FTV, said in a statement. For this reason, the VC firm is also offering business support, networking opportunities, and guidance. The fund was…This story continues at The Next Web […]
German startup DeepDrive has bagged €30mn to scale up its electric motor technology that promises to boost EV range to over 800km — without any changes to battery capacity. Founded in 2021, DeepDrive claims its dual-rotor motor boasts the highest torque and power density of any EV motor available today. It also has low noise emissions, and is built using far fewer rare earth materials. DeepDrive says its technology can make electric cars 20% more energy efficient, enabling automakers to build EVs with greater range at a lower cost. DeepDrive is currently co-developing its electric motors with eight of the…This story continues at The Next Web […]
The NATO Innovation Fund (NIF) has announced its first investment in quantum tech, leading a €5mn seed round. The recipient is Southampton University spinout Aquark Technologies, which has developed a unique quantum sensing technology. Aquark’s patented cold atom system can be used as an alternative position, navigation, and timing (PNT) device, independent from satellites and thus immune to external tampering such as GPS interference. Doing away with the cumbersome magnetic traps Aquark calls itself a miniaturisation company. It specialises in micro-fabrication and vacuum technology. However, what really sets it apart, is that it has found entirely new ways of trapping…This story continues at The Next Web […]
This year, Air Canada lost a lawsuit against a customer who was misled by an AI chatbot into purchasing full-price plane tickets, being assured they would later be refunded under the company’s bereavement policy. The airline tried to claim the bot was “responsible for its own actions.” This line of argumentation was rejected by the court and the company not only had to pay compensation, it also received public criticism for attempting to distance itself from the situation. It’s clear companies are liable for AI models, even when they make mistakes beyond our control. The rapidly advancing world of AI,…This story continues at The Next Web […]
Amid the AI boom, data centres are consuming alarming amounts of electricity. They’re also responsible for 1% of global energy-related emissions. By 2030, their power demand could increase by 160%. Switzerland-based Lightium aims to provide a solution. The young startup announced today it has raised $7mn in seed funding to both accelerate the performance of data centres and reduce their energy consumption with a next generation of photonic chips. Data centres are essentially large clusters of three components: Central Processing Units (CPUs), Graphics Processing Units (GPUs), and optical interconnects that transmit data between these processors. These interconnects are typically based…This story continues at The Next Web […]
Ekaterina Zaharieva hasn’t even started work as the EU’s first startup commissioner, but tensions are already rising around her role. The Bulgarian politician was nominated for the job on Tuesday. Alongside startups, her brief will also cover research and innovation. But first, her appointment needs approval from the European Parliament. Her critics hope that confirmation never comes. Here are three big reasons for their opposition. 1. She lacks experience in tech Zaharieva was a lawyer before climbing the ranks of Bulgarian politics to become deputy minister. In the world of tech, however, her experience is slim. Her resume contains scant evidence…This story continues at The Next Web […]
In its most expensive project to date, Germany’s Cyber Agency (Cyberagentur) has awarded three different contracts to four quantum computing startups — Quantum Brilliance, ParityQC, Oxford Ionics, and neQxt. Their mission is to deliver the world’s first quantum computer for “mobile security and defence” by 2027. After that, phase four of the project will kick in, and only one of the candidates will remain. Qubits from defect diamonds A portable quantum computer will be able to function independently of a network connection or a large data centre, which could be critical in crisis situations. These types of systems can also…This story continues at The Next Web […]
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