Category: Uncategorized

Real estate giant CBRE announced Tuesday that it is acquiring the rest of co-working startup Industrious, in which it already had a sizable investment, at a valuation of over $800 million. Founded in 2013, New York-based Industrious raised a total of $522 million in funding from investors, including Riverwood Capital and Fifth Wall Ventures. Its last… Read more

With less than a week left in office, President Joe Biden is not done leaving his mark on the AI industry. President Biden issued an executive order on Tuesday that will allow private sector AI companies to lease federal sites owned by the Department of Defense and Department of Energy in order to build AI… Read more

Welcome to TechCrunch Fintech!  This week, we’re looking at the latest with embattled fintech Bench, Robinhood’s $45 million settlement, a couple of M&A deals, some cool fundraises, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big… Read more

Paying users of OpenAI’s ChatGPT can now ask the AI assistant to schedule reminders or recurring requests. The new beta feature, called tasks, will start rolling out to ChatGPT Plus, Team, and Pro users around the globe this week. With tasks, users can set simple reminders with ChatGPT such as, “Remind me when my passport… Read more

Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday. The company plans to hire new people to fill the roles, CEO Mark Zuckerberg said in an internal memo to staff. “I’ve decided to raise the bar on performance management and move out low-performers faster,” Zuckerberg said in the note. “We… Read more

Apple has joined a consortium creating next-gen technology to link together chips in AI data centers. The consortium, the Ultra Accelerator Link Consortium, is developing a standard called UALink, which connects the AI accelerator chips found within a growing number of server farms. As of Tuesday, Apple is a member of the consortium’s board, along… Read more

WhatsApp is adding new features including creating new stickers from selfies, sharing sticker packs, and adding new camera effects. Stickers and camera effects are good engagement ploys to keep users interacting with their contacts. The chat app added the ability to create custom stickers from photos last year. Now, the company is adding an option… Read more

OpenAI has quietly removed language endorsing “politically unbiased” AI from one of its recently published policy documents. In the original draft of its “economic blueprint” for the AI industry in the U.S., OpenAI said that AI models “should aim to be politically unbiased by default.” A new draft, made available Monday, deletes that phrasing. When… Read more

Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging its bets beyond classical chips with investments and partnerships in that very space. Now one of the companies that Nvidia partners with in quantum development is announcing funding. SEEQC, a quantum… Read more

Data centers are expected to continue growing at a breakneck pace, doubling their power demand by 2029, according to a new report from JLL. The industry’s expansion, fueled by the rapid growth of AI alongside the continued expansion of cloud-based services, is testing the limits of the energy sector. Some experts think that half of… Read more