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After causing outrage on the first day of Y Combinator, AI code editor PearAI lands $1M seed
On the first day of Y Combinator the founders of PearAI got “cancelled.” They used the hate to launch a new product, raise $1 million. © 2024 TechCrunch. All rights reserved. For personal use only.
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Third member of LockBit ransomware gang has been arrested
LockBit is believed tobe responsible for at least $500 million in ransom payments alone. © 2024 TechCrunch. All rights reserved. For personal use only.
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Feds clear the way for robotaxis without steering wheels and pedals
The National Highway Traffic Safety Administration on Friday proposed a new national framework that could make it easier for companies to deploy at scale autonomous vehicles without traditional manual driving controls – like steering wheels, pedals, and sideview mirrors. The guidelines also require AV companies to share a whole lot more safety data with the…
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VCs pledge not to take money from Russia or China, and Databricks raises a humongous round
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was full of news, likely because it is also the last “real” week of 2024. Which is another way for us to say goodbye for…
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Nvidia clears regulatory hurdle to acquire Run:ai
Chip company Nvidia gets the green light from the European Union to complete its acquisition of Run:ai. The EU came to a unanimous decision today that Nvidia could go ahead with its acquisition of Israeli GPU orchestration platform Run:ai, according to reporting from Bloomberg. The European Commission determined that if the merger went through other…
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Google is expanding Gemini’s in-depth research mode to 40 languages
Google said Friday that the company is expanding Gemini’s latest in-depth research mode to 40 more languages. The company launched the in-depth research mode earlier this month, allowing Google One AI premium plan users to unlock an AI-powered research assistant of sorts. The in-depth function works in a multi-step method, from creating a research plan…
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Here’s the full list of 49 US AI startups that have raised $100M or more in 2024
In the first half of 2024 alone, more than $35.5 billion was invested into AI startups globally. © 2024 TechCrunch. All rights reserved. For personal use only.
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OpenAI announces new o3 models
OpenAI saved its biggest announcement for the last day of its 12-day “shipmas” event. On Friday, the company unveiled o3, the successor to the o1 “reasoning” model it released earlier in the year. o3 is a model family, to be more precise — as was the case with o1. There’s o3 and o3-mini, a smaller,…
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Swizzle Fund raises $5M for inaugural fund addressing women’s health and wealth
There is a new venture fund in town. Swizzle Fund, founded by Jessica Kamada, former COO of the marketing agency Bamboo, has raised just a little more than $5 million for its Fund I, according to an SEC filing. There was no target raise amount. The firm, which quietly opened in 2023, is an early-stage…
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Lerer Hippeau files to a raise Fund IX
Lerer Hippeau, one of New York’s most prolific and A-list VC firms, has filed to raise its ninth fund, according to an SEC filing made Wednesday. © 2024 TechCrunch. All rights reserved. For personal use only.