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Apple CEO Tim Cook said DeepSeek’s AI models represent “innovation that drives efficiency” during an earnings call Thursday, while fielding questions from analysts about the iPhone maker’s AI ambitions. “In general, I think innovation that drives efficiency is a good thing. And, you know, that’s what you see in that model,” said Cook, responding to… Read more

Update: Some users on social media report that the changelog has been updated to remove mention of Gemini 2.0 Pro Experimental. We’ve reached out to Google and will update this post if we hear back. Google took the low-key route for the launch of its next-gen flagship AI model, Gemini 2.0 Pro Experimental. Instead of… Read more

Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads. The move comes as Intel tries to correct course after a number of disappointing product launches and historic losses, while competitors like AMD and Nvidia gain ground. Intel co-CEO Michelle Johnston Holthaus said during the company’s fourth-quarter earnings call Thursday,… Read more

Apple’s latest earnings were a mixed bag filled with slipping iPhone sales and countered by rising revenue. Reporting after the bell Thursday, the iPhone maker’s overall revenue in the first quarter of 2025 beat Wall Street expectations, with a 4% bump to $124.3 billion over the same time last year. Apple reported net income of… Read more

For nearly nine years, Elon Musk has promised Tesla vehicles had the hardware needed to support a self-driving car. This week, he made his latest admission that many are not. Musk said on a conference call Wednesday evening that Tesla cars equipped with so-called Hardware 3 will need an upgrade before they can support unsupervised… Read more

OpenAI may have billions of dollars in the bank. But it’s gearing up to raise billions more, according to a report from The Wall Street Journal. Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the… Read more

The company, founded by 25-year-old Kian Sadeghi, announced a $14 million Series A, bringing its total funding to about $32 million. © 2024 TechCrunch. All rights reserved. For personal use only. Read more

Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple new fintech products to… Read more

Serial entrepreneur and recording artist Victor Lombard, also known as DIVINE, announced this week the launch of a new company, in partnership with Rakim, one of hip-hop’s most influential emcees.  The company is called Notes, a fintech specifically for independent urban musicians and creators. It provides the knowledge and tools to help artists manage their… Read more

The exposed database was connected to the internet without a password, exposing GPS coordinates, names, phone numbers, and postal addresses. © 2024 TechCrunch. All rights reserved. For personal use only. Read more