Snapchat’s subscription service, Snapchat+, has reached 4 million paid subscribers in its first year since launch. The company has also announced two upcoming features for subscribers – “Expressive Chat Messages” which allows…
Category: Technology
Microsoft brings new AI-powered shopping tools to Bing and Edge
Microsoft has announced new AI-powered shopping tools for its Bing search engine and Bing AI chatbot. These tools include automatically generated buying guides, aggregated product listings with specs and purchase recommendations, AI-generated…
Batteries beat oil and gas as AI startup pivots to critical minerals exploration
GeologicAI, a Canadian startup, initially served oil and gas clients by scanning core samples and assessing reservoir potential. However, the company realized that consulting businesses lack scalability. Through an accelerator program, GeologicAI…
How Porsche plans to grow margins with luxury and speed
Porsche CEO Oliver Blume is aiming for 20% profit margins, up from the current 18%. Blume attributes Porsche’s success to years of preparation and a focus on margins, profits, and cash flow….
Speakeasy is using AI to automate API creation and distribution
Just about every developer wants to create APIs to help other companies connect to their services more easily, but creating and documenting an API is a time-consuming process. Speakeasy, an early-stage startup,…
Meituan buys founder’s months-old ‘OpenAI for China’ for $234M
One of China’s most highly anticipated artificial intelligence startups, Light Years Beyond, founded by Wang Huiwen, is being acquired by Meituan for $233.7 million in cash. Meituan will also absorb the startup’s…
Millions affected by MOVEit mass-hacks as list of casualties continues to grow
Hackers have exploited a security vulnerability in the MOVEit file transfer tool, compromising the personal data of over 15.5 million individuals. More than 140 organizations have been identified as victims of Clop…
Big Tech corporate venture capital ? generative AI startups
As the race to build generative AI tools for the enterprise heats up, Big Tech companies are investing heavily in startups. Typeface, a company founded in 2022, recently raised $100 million at…
Signal talks privacy, encryption, AI and more at TechCrunch Disrupt 2023’s Security Stage
In our tech-driven world, the right to privacy is rapidly eroding. However, Signal, an end-to-end encrypted messaging app, has gained popularity with over 100 million downloads. The nonprofit developer, Signal Foundation, staunchly…
Runway, a startup building generative AI for content creators, raises $141M
It’s a big day for generative AI funding. On the heels of Inflection AI landing a $1.3 billion investment, Runway, a startup building generative AI tools for multimedia content creators, today announced…