Author: Jason
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Coval evaluates AI voice and chat agents like self-driving cars
What do AI voice agents and self-driving cars have in common? Their performance can be evaluated in the same way, argues Brooke Hopkins, a former tech lead at Waymo. Coval, Hopkins’ new startup, looks to do just that. “When I left Waymo, I realized a lot of these problems that we had at Waymo were… Read more
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Method is helping fintech companies like SoFi build repayment functionality into their apps
It can be challenging for developers of fintech apps to integrate repayment, balance transfer, and bill pay functionality. Devs often have to deal with a patchwork of brittle screen-scraping APIs to extract data from users’ financial institutions — or worse, tools to process mounds of physical checks and paperwork. Three friends and entrepreneurs — Jose… Read more
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Hugging Face claims its new AI models are the smallest of their kind
A team at AI dev platform Hugging Face has released what they’re claiming are the smallest AI models that can analyze images, short videos, and text. The models, SmolVLM-256M and SmolVLM-500M, are designed to work well on “constrained devices” like laptops with under around 1GB of RAM. The team says that they’re also ideal for… Read more
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Snap launches a new way to reward AR creators, rolls out student pricing for Spectacles
Snap announced on Thursday that it’s introducing a new “Challenge Tags” rewards program for AR developers to win cash prizes for submitting Lenses. The company also announced that it’s launching educational pricing and a student discount for Spectacles, its developer-focused AR glasses. The theme of the first Challenge Tag is humor and is open through… Read more
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Fundraise Up claims its AI can boost nonprofit donations
Many nonprofits are stuck with outdated, expensive, and limited tech that hinders their ability to fund their mission or cause. While most consider adopting tech to be a priority, they’re faced with a number of blockers, including siloed data and issues with integration. Peter Byrnes, the co-founder of Fundraise Up, a Brooklyn-based fundraising platform for… Read more
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Tive’s tools help companies track the status of their shipments in real time
The global supply chain is under strain, and one of the reasons is a lack of visibility into how shipments are being transported around the world. According to one recent survey, nearly half of the organizations polled reported having little-to-no visibility into their upstream supply chains. In search of a remedy, Krenar Komoni, who’d for… Read more
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Y Combinator grad Spacium raises oversubscribed $6.3M for space re-fueling
The company raised a $6.3 million seed round led by Initialized Capital © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Quantum VC QDNL hits €25M first-close on new fund
VC investment into Quantum computing declined by 50% last year according to the ‘State of Quantum 2024’ report, dropping from $2.2bn in 2022 to $1.2bn, with funds switching in favour of Generative AI. However, government spending on quantum was predicted to hit $40 billion over the next decade. Now a new VC European fund hopes… Read more
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Everstone acquires bootstrapped Indian startup Wingify for $200M
Private equity firm Everstone has reached a deal to acquire a majority stake in Wingify, one of India’s earliest bootstrapped software-as-a-service success stories, for about $200 million, three sources familiar with the matter told TechCrunch. The deal, finalized this week, marks a significant exit for Wingify’s founder Paras Chopra, who built the SaaS startup without… Read more
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African fintech Moniepoint gets Visa backing, plans to work on contactless payments
Visa has joined African fintech Moniepoint as a new investor. The business banking and payments platform confirmed to TechCrunch that it received a “strategic investment” from the global payments giant as both companies look to drive financial inclusion and support the growth of small and medium-sized enterprises (SMEs) across Africa. Sources close to the deal… Read more