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Teen fintech Copper had to emergency discontinue its banking, debit products
Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup Synapse. Copper Banking, a digital banking service aimed at teens, notified its customers on May 12 that it would be discontinuing bank deposit accounts and debit cards on May 13. In a letter to customers, CEO and co-founder Eddie
© 2024 TechCrunch. All rights reserved. For personal use only.
Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup Synapse. Copper Banking, a digital banking service aimed at teens, notified its customers on May 12 that it would be discontinuing bank deposit accounts and debit cards on May 13. In a letter to customers, CEO and co-founder Eddie […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Autodesk acquires AI-powered VFX startup Wonder Dynamics
Autodesk — the 3D tools behemoth — has acquired Wonder Dynamics, a startup that lets creators quickly and easily make complex characters and visual effects using AI-powered image analysis. The two companies have worked closely together for years but are making it official today. Wonder Dynamics, founded by VFX artist Nikola Todorovic and actor Tye
© 2024 TechCrunch. All rights reserved. For personal use only.
Autodesk — the 3D tools behemoth — has acquired Wonder Dynamics, a startup that lets creators quickly and easily make complex characters and visual effects using AI-powered image analysis. The two companies have worked closely together for years but are making it official today. Wonder Dynamics, founded by VFX artist Nikola Todorovic and actor Tye […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Bill Gates-backed wind startup AirLoom is raising $12M, filings reveal
The company is hoping to produce electricity at $13 per megawatt hour, which would be more than 50% cheaper than traditional onshore wind.
© 2024 TechCrunch. All rights reserved. For personal use only.
The company is hoping to produce electricity at $13 per megawatt hour, which would be more than 50% cheaper than traditional onshore wind.
© 2024 TechCrunch. All rights reserved. For personal use only.
WitnessAI is building guardrails for generative AI models
Generative AI makes stuff up. It can be biased. Sometimes, it spits out toxic text. So can it be “safe”? Rick Caccia, the CEO of WitnessAI, believes it can. “Securing AI models is a real problem, and it’s one that’s especially shiny for AI researchers, but it’s different from securing use,” Caccia, formerly SVP of
© 2024 TechCrunch. All rights reserved. For personal use only.
Generative AI makes stuff up. It can be biased. Sometimes, it spits out toxic text. So can it be “safe”? Rick Caccia, the CEO of WitnessAI, believes it can. “Securing AI models is a real problem, and it’s one that’s especially shiny for AI researchers, but it’s different from securing use,” Caccia, formerly SVP of […]
© 2024 TechCrunch. All rights reserved. For personal use only.
French AI startup H raises $220 million seed round
It’s not often that you hear about a seed round above $10 million. H, a startup based in Paris and previously known as Holistic AI, has announced a $220 million seed round just a few months after the company’s inception. The reason why it managed to raise so much money so quickly is that it’s
© 2024 TechCrunch. All rights reserved. For personal use only.
It’s not often that you hear about a seed round above $10 million. H, a startup based in Paris and previously known as Holistic AI, has announced a $220 million seed round just a few months after the company’s inception. The reason why it managed to raise so much money so quickly is that it’s […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Boost your startup’s growth with a ScaleUp package at TC Disrupt 2024
Hey there, Series A to B startups with $35 million or less in funding — we’ve got an exciting opportunity that’s tailor-made for your growth journey! If you’re looking to elevate your presence at TechCrunch Disrupt 2024 without breaking the bank, look no further than our ScaleUp Startups Exhibitor Program. Why should you consider ScaleUp
© 2024 TechCrunch. All rights reserved. For personal use only.
Hey there, Series A to B startups with $35 million or less in funding — we’ve got an exciting opportunity that’s tailor-made for your growth journey! If you’re looking to elevate your presence at TechCrunch Disrupt 2024 without breaking the bank, look no further than our ScaleUp Startups Exhibitor Program. Why should you consider ScaleUp […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Alchemist’s latest batch puts AI to work as accelerator expands to Tokyo, Doha
Alchemist Accelerator has a new pile of AI-forward companies demoing their wares today, if you care to watch, and the program itself is making some international moves into Tokyo and Doha. Read on for our picks of the batch. Chatting with Alchemist CEO and founder Ravi Belani ahead of demo day (today at 10:30 a.m.
© 2024 TechCrunch. All rights reserved. For personal use only.
Alchemist Accelerator has a new pile of AI-forward companies demoing their wares today, if you care to watch, and the program itself is making some international moves into Tokyo and Doha. Read on for our picks of the batch. Chatting with Alchemist CEO and founder Ravi Belani ahead of demo day (today at 10:30 a.m. […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Stack AI wants to make it easier to build AI-fueled workflows
Stack AI’s co-founders, Antoni Rosinol and Bernardo Aceituno, were PhD students at MIT wrapping up their degrees in 2022 just as large language models were becoming more mainstream. ChatGPT would be released to the world at the end of the year, but even before that, they recognized a problem inside companies putting data together with
© 2024 TechCrunch. All rights reserved. For personal use only.
Stack AI’s co-founders, Antoni Rosinol and Bernardo Aceituno, were PhD students at MIT wrapping up their degrees in 2022 just as large language models were becoming more mainstream. ChatGPT would be released to the world at the end of the year, but even before that, they recognized a problem inside companies putting data together with […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Special mud helps XGS Energy get more power out of geothermal wells
Young geothermal energy wells can be like budding prodigies, each brimming with potential to outshine their peers. But like people, most decline with age. In California, for example, the amount of electricity generated by geothermal power plants declined by 15% between 2001 and 2018, partly because existing wells degraded. “The history of geothermal has been
© 2024 TechCrunch. All rights reserved. For personal use only.
Young geothermal energy wells can be like budding prodigies, each brimming with potential to outshine their peers. But like people, most decline with age. In California, for example, the amount of electricity generated by geothermal power plants declined by 15% between 2001 and 2018, partly because existing wells degraded. “The history of geothermal has been […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Porsche invests in battery startup South 8 to boost cold-weather EV performance
All cars suffer when the mercury drops, but electric vehicles suffer more than most as heaters draw more power and batteries charge more slowly as the liquid electrolyte inside thickens. Drivers in Chicago found this out the hard way last January after many Teslas failed to charge during a deep freeze. One startup, South 8
© 2024 TechCrunch. All rights reserved. For personal use only.
All cars suffer when the mercury drops, but electric vehicles suffer more than most as heaters draw more power and batteries charge more slowly as the liquid electrolyte inside thickens. Drivers in Chicago found this out the hard way last January after many Teslas failed to charge during a deep freeze. One startup, South 8 […]
© 2024 TechCrunch. All rights reserved. For personal use only.