Author: Jason
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Blue Origin successfully launches New Glenn rocket into space
Jeff Bezos’ spaceflight company Blue Origin on Thursday launched its new mega-rocket, called New Glenn, into orbit for the first time. The rocket lifted off at 2:03 a.m. ET on January 16 from Cape Canaveral, Florida, and crossed the official boundary into space a few minutes later. Shortly after, a second-stage burn placed the rocket’s… Read more
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Mistral signs deal with AFP to offer up-to-date answers in Le Chat
Just a day after Google inked a deal with The Associated Press, Mistral is also announcing a content deal with the Agence France-Presse (AFP) to improve the accuracy of answers in Le Chat, Mistral’s chatbot product. This is the first deal of this kind for the Paris-based artificial intelligence company. And it indicates that Mistral… Read more
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Prepaid payments platform Recharge raises €45M to go on M&A spree
With inflation still stubbornly high in comparison to previous years, and the siren voices of subscription services like Netflix and Spotify continuing to lure, consumers have understandably turned to alternative forms of payment to manage their household bills. As a result, online prepaid payment platforms have benefited. That’s the bet being laid today by Recharge,… Read more
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Google strikes world’s largest biochar carbon removal deal with Indian startup Varaha
Google has agreed to purchase 100,000 tons of carbon dioxide removal credits from Indian startup Varaha. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Hyperline secures $10 million for its automated billing platform
French startup Hyperline wants to build the next-generation Chargebee. Over the past two years, the startup has built a new billing platform that can be used for recurring subscriptions, one-off purchases, usage-based billing and more. Hyperline raised an initial €4 million funding round from Index Ventures back in 2023 ($4.1 million at today’s exchange rate).… Read more
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Amazon to buy Indian BNPL startup Axio for over $150M
Amazon has agreed to acquire Indian buy-now, pay-later startup Axio, deepening its push into financial services in one of its fastest-growing markets. The e-commerce group, which has held an equity stake in Axio for six years, signed the acquisition agreement in December after completing due diligence, the Indian startup said in a blog post. Financial… Read more
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In AI copyright case, Zuckerberg turns to YouTube for his defense
Meta CEO Mark Zuckerberg appears to have used YouTube and its battle to take down pirated content to defend his own company’s use of a data set containing copyrighted e-books to train AI models, newly released snippets of his deposition reveals. The deposition, which was part of a complaint submitted to the court by plaintiffs’… Read more
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Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best
Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. MiniMax-Text-01… Read more
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Hindenburg Research, a short seller that targeted tech and EV companies, is closing up shop
When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research, after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy… Read more
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Reusable rocket startup Stoke raised another massive round: $260M
Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide. © 2024 TechCrunch. All rights reserved. For personal use only. Read more