Author: TechBrunch
In recent years, Delta Air Lines has become a fixture at CES, regularly hosting splashy keynotes. This year, the company loaned out Sphere to announce its latest update. These include an in-app AI-powered assistant and a modern in-flight entertainment system with a 4K HDR display and Bluetooth connectivity (get the idea?). Members of Delta Air Lines' SkyMiles frequent flyer program will also soon have free access to YouTube Premium and YouTube Music on the airline's aircraft. Delta announced these updates at CES 2025. The new AI assistant, which Delta Air Lines is calling “Delta Concierge,” will be introduced later this…
Nvidia CEO Jensen Huang says the performance of his company's AI chips is advancing faster than the historical rate set by Moore's Law, which has driven advances in computing for decades. states. “Our systems are advancing much faster than Moore's Law,” Huang said in an interview with TechCrunch the morning after his keynote speech to a crowd of 10,000 people at CES in Las Vegas. He spoke at Moore's Law, proposed by Intel co-founder Gordon Moore in 1965, predicts that the number of transistors on computer chips will approximately double each year, effectively doubling the performance of those chips. did.…
Despite all the talk about San Francisco's decline, data repeatedly shows that the Bay Area, including the city itself, remains the best location for venture-backed startups. Bay Area startups siphoned off $90 billion in VC investment in 2024, representing 57% of the $178 billion in global venture capital spent last year, according to new statistics released by Crunchbase on Tuesday. do. In 2024, San Francisco-headquartered OpenAI was clearly the mother ship in spawning a nearby AI startup industry, both with its own deep-pocketed startup capital and the VC money it raised itself. But others include San Francisco's Databricks and its…
Amazon Web Services (AWS), Amazon's cloud computing arm, said Tuesday it plans to invest “at least” $11 billion in Georgia to expand infrastructure to support various cloud computing and AI technologies. Announced. AWS estimates its investment will create approximately 550 jobs in the state. “AWS is proud to expand our operations in Georgia to help advance the next generation of cutting-edge technologies such as AI,” the company said in a press release. “We are grateful to state and local leaders for partnering with us and look forward to continuing to keep Georgia at the cutting edge of the digital age.”…
The Federal Trade Commission (FTC) and the New York State Attorney General's Office allege that Handy, a gig app that allows customers to book jobs such as cleaners and handymen, made false claims about how much workers could earn through its platform. accused of doing so. In a complaint filed Tuesday in the U.S. District Court for the Southern District of New York, the FTC and New York State Attorney General allege that Handy, owned by Angie (formerly Angie's List), advertised earnings that “did not reflect profits.” did. This is the reality for the overwhelming majority of workers on the…
In the US, it is accepted that most startups fail, and when they do, venture capitalists (generally) accept the loss and move on. But that's not the case in China, where VCs are trying to recover their investments in failed startups by going after founders' personal assets in court, the Financial Times reported. As China's economy stalls, the country's VCs are enforcing redemption clauses built into funding terms that were rarely enforced before, according to the FT. As a result, some Chinese founders owe investors millions of dollars and end up on debtor blacklists, preventing them from booking hotels, taking…
Instagram Threads is developing new features that bring the user experience more in line with that of X (formerly Twitter) and the social network Bluesky. The Meta-owned company is internally prototyping the ability to set a display name and add a cover image to your profile. A company spokesperson confirmed to TechCrunch on Tuesday that these two features are not currently available to the public. The new addition was first discovered by reverse engineer Alessandro Paluzzi. He often finds unreleased features during development. Threads is integrated with Instagram, so users cannot change their display name because the social network automatically…
OpenAI rival Anthropic is in talks to raise another $2 billion in a funding round led by Lightspeed Venture Partners, according to the Wall Street Journal. The round, reported by The Journal, values Anthropic at $60 billion and brings Anthropic's total raised to $15.7 billion, according to Crunchbase data. The company will also become the fifth most valuable startup in the United States, behind SpaceX, OpenAI, Stripe, and Databricks. AI companies are under pressure to raise huge sums of money to fund the development and expansion of technology that tends to require incredible amounts of computing power. OpenAI raised $6.6…
South Park Commons, a Silicon Valley collective of engineers, founders and researchers, spent six months after entering the South Asian market in June, according to filings with the U.S. Securities and Exchange Commission (SEC) last year. is raising India-specific funds. week. The exact size of the fund has not yet been determined, but the listing has set a goal of $40 million. Founded in 2016 by Ruchi Sanghvi, Facebook's first female engineer, South Park Commons expanded to India last year in partnership with Flipkart co-founder Binny Bansal. The Bangalore-based India branch was the first global move for the platform, which…
New data released by messaging app Telegram reveals a sharp rise in the number of data requests the company has fulfilled over the past year for users' data requested by law enforcement agencies. The increase in requests from users comes months after French authorities arrested Telegram CEO Pavel Durov in August. That's partly because the company has long refused to provide user data in response to child exploitation investigations. Immediately after Durov's arrest, Telegram appears to have relaxed its policies on how it handles abuse reports. Telegram's latest transparency data (which can only be requested through your Telegram account and…