Our news
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ChatGPT and Sora are down
OpenAI says ChatGPT, Sora, and its developer-facing API are experiencing a major outage, according to the company’s status page. The company says it’s identified a pathway to recovery and is working on a fix as of 4:55pm PT Wednesday evening. It remains unclear what the cause of the outage is. As of 5:50 pm PT,…
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SolarSquare raises $40 million in India’s largest solar venture round
SolarSquare has raised $40 million in what is the largest venture round in India’s solar sector. The Mumbai-based startup bootstrapped and was profitable selling to corporate customers for five years before switching to residential solar in 2021. Now it has scaled to powering over 20,000 homes and 200 housing societies across India, and is India’s…
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Microsoft will take an $800M hit over Cruise robotaxi shutdown
GM’s decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company’s minority investors. Microsoft, which in 2021 made an investment into Cruise, will take $800 million impairment charge as a result of GM’s actions, according to a regulatory filing. Microsoft said the charge will be…
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Trump’s proposed university endowment tax could hurt funding, VC warns
University endowments could be taxed much higher under Trump. That may harm VCs, an investor warns. © 2024 TechCrunch. All rights reserved. For personal use only.
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It sure looks like OpenAI trained Sora on game content — and legal experts say that could be a problem
OpenAI has never revealed exactly which data it used to train Sora, its video-generating AI. But from the looks of it, at least some of the data might’ve come from Twitch streams and walkthroughs of games. Sora launched on Monday, and I’ve been playing around with it for a bit (to the extent the capacity…
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Hyundai’s electric air taxi startup Supernal is moving its HQ from DC to California
Hyundai’s electric vertical takeoff and landing startup Supernal is shifting its global headquarters from Washington, D.C. to Irvine, California and asking around three dozen of workers to relocate, TechCrunch has learned. The company told TechCrunch about 5% of its total workforce — roughly 35 to 40 people — are being asked to relocate to California.…
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Honda cuts funding to robotaxi venture with Cruise and GM in Japan
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on Cruise and its commercial robotaxi ambitions, reports The Nikkei. GM said Tuesday it would cease funding Cruise and instead absorb the company and combine it with…
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Pentagon doesn’t know where mystery drones over New Jersey come from
In a press briefing on Wednesday, the Pentagon said it has no evidence that the mysterious drones that have been flying over New Jersey and other parts of the northeast U.S. in recent weeks were coming from a foreign entity, nor were they U.S. military drones. The comments come a day after a U.S. Congressional…
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Microsoft’s M12 invests another $22.5M into NeuBird, months after its $22M seed round
Late last year, Gou Rao and Vinod Jayaraman founded NeuBird to automate IT site reliability operations tasks with generative AI. Having sold their previous cloud-native storage startup, Portworx, to PureStorage for $370 million, the pair was well-versed in the IT challenges faced by today’s enterprises. “It’s very hard to find good site reliability engineers. There’s…
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Microsoft begins testing the ability to share files between iPhones and Windows PCs
Microsoft announced on Wednesday that it’s starting to roll out a way for users to share files between their iPhone and Windows 11 or Windows 10 PCs via the company’s Phone Link app and Link to Windows app. The capability is rolling out now to Windows Insiders. Windows Insiders can now download the latest Phone…