Author: TechBrunch

The vast amount of data from the AI storage platform has been reported, citing two sources, in consultation with Alphabet's venture arm capital and existing backer Nvidia, bringing up a fresh round that could potentially value startups of up to $30 billion. TechCrunch last month reported that a huge amount of data is working to raise funds at a $25 billion valuation. The round could close in the coming weeks with a massive New York-based data (worth $9.1 billion in 2023) for one of the most valuable tech companies, Reuters. The vast amount of data develops storage technologies that claim…

German prosecutors say a joint US-European operation has seized infrastructure belonging to the Blacksuit Ransomware Gang, the infamous hacking group that has in recent years condemned several major cyberattacks. In a new statement this week, German officials said they had seized gang servers and systems as part of the operation on July 24th. Authorities said they have secured “significant amounts of data” that will be used to identify those responsible for the attack. Authorities said they switched servers and effectively blocked ransomware malware. According to the statement, the Blacksuit had a total of 184 casualties worldwide, of which several were…

As published by the nonprofit All Raise and first reported by the Wall Street Journal, women are making progress in the venture capital world. All Raise released a report saying that women hold 18.6% of the top roles in major VC companies. This is twice as many as 2018. The survey found that many women (a quarter of survey respondents) were promoted last year, and investors were interested in supporting founders who are still undervalued (75% of investors say they want to do such a transaction). However, only a handful of women are at the top of mega funds (women…

Today's search is full of AI Slops and it's not uncommon for people to add “Reddit” to their queries in the hopes of finding useful answers to their questions. Google is trying to integrate Reddit results into the search interface, noticing trends, and Reddit is also experimenting with its own AI search. However, the company has higher ambitions. It wants to be the go-to search engine that people use. “We're excited to announce that we're hoping to see the team's efforts to meet the needs of our customers,” said Steve Huffman, CEO of Reddit during a second quarter conference call…

Will Griffith was nothing more than his job as a venture investor at Iconiq when he met Dylan Field, a 19-year-old college dropout. This leads to one of his signature seed investments at a startup called Figma. On Thursday, Figma was closed to a market capitalization of $115.50 and $47 billion from the opening price of the $33 IPO, and was released after a stock price. And Griffiths couldn't be more enthusiastic about his admiration for the company. “I'm going to one of these user meetings, and there are 15,000 people here and 5,000 have Figma tattoos,” Griffith smiled. From…

Yoel Roth, formerly the director of trust and safety at Twitter, shares concerns during the match about the future of the open social web and the ability to combat misinformation, spam, and other illegal content such as child sex abuse material (CSAM). In a recent interview, Roth was worried about the lack of moderation tools available to Fediverse. This is an open social web that includes apps such as Mastodon, Threads, and Pixelfed and open platforms such as Bluesky. He also recalled key moments of trust and safety on Twitter, like decisions to ban President Trump from the platform, decisions…

Meeting your partner online is no longer a taboo. The evidence is everywhere. It is at your fridge door, where you are cutting wedding invitations of friends you met on Tinder. It's on your Instagram feed. There, a friend shares Sappy's posts about her 1st anniversary with the woman she met at the hinge. However, when Zeke Rothfels tells people that she met her husband online, she doesn't talk about swiping left until she finally finds the man on the right. She talks about fostering relationships across the US-Canadian border with men she met in a Facebook meme group. “Is…

At one point, an app called Twitterrific was one of the most popular iPhone apps for browsing Twitter. These days, the company behind that app and many of the apps have struggled. And AI may be partially responsible. On Wednesday, the company known as IconFactory admitted it was at an intersection and sold several apps due to lack of resources. The announcement positioned the issue as a situation where IconFactory's app catalog has grown to include too many apps to keep up, and doesn't have enough time to do so, but the reality is that today's business has no choice…

Quora's AI platform POE announced on Thursday that it will release an API that will allow developers to easily access different models or bots for their own applications. There is no additional fee for the API. Instead, usage is tracked through the POE's existing point-based subscription plan. There, each model call costs the number of points set. For example, low quality image generation via GPT-4o with a 1:1 aspect ratio and 1024 x 1024 size cost 328 points. Today, Poe's plans include the $4.99/month plan (10,000 points per day), the $19.99/mo plan (1 million points per month), the $49.99/mo plan…

As Tiktok's future remains uncertain, the company is consolidating its core products and trust and safety teams into a single organization, according to an internal memo that was reviewed by Shou Zi Chew, and viewed by TechCrunch. “This new team will help us to better leverage our technical capabilities across both business and safety goals, and help us move faster as we develop next-generation safety technologies,” Chew wrote in a note. As part of the changes, the memo said Adam Presser, head of operations, trust and safety at Tiktok, will become the general manager of Tiktok USDS. Andy Bonillo, current…