Author: TechBrunch

The Federal Trade Commission (FTC) announced Tuesday that it will take action against online cash app and neobank Dave for engaging in “misleading marketing to deceive consumers.” At issue is how Dave marketed the rarely offered $500 cash advance to consumers and the “rush fee” he charged customers if they wanted their money right away. The FTC said Dave's marketing implied that the cash advance was “instant,” did not disclose the fees involved until the consumer completed the sign-up process and paid, and used terms such as “on the spot.” Claimed that the service used was misleading. Dave accesses his…

On Tuesday, two AI startups, xAI and Perplexity, tried to convince the world that their AI chatbots are good enough to serve as sources of accurate, real-time information during a high-stakes presidential election. Ta. Elon Musk's Grok failed almost instantly, providing incorrect answers about the outcome of the race before voting ended. Meanwhile, Perplexity provided helpful real-time election information and maps throughout the night, linked to trusted resources, and provided historical context where needed. Perplexity took a risky gamble, but it paid off. Late last week, the startup announced the launch of an election information hub featuring real-time maps that…

OpenAI acquires Chat.com, adding to its collection of high-profile domain names. As of this morning, Chat.com now redirects to ChatGPT, OpenAI's AI-powered chatbot. An OpenAI spokesperson confirmed the acquisition in an email. Chat.com is one of the oldest domains on the web, having been registered in September 1996. Last year, it was reported that Hubspot co-founder and CTO Dharmesh Shah acquired Chat.com for $15.5 million, making it one of the top two. Domain sales published to date. The domain name does not appear to have changed hands since being sold last year, indicating that OpenAI is no longer hosting ChatGPT…

Elon Musk, the billionaire CEO of Tesla, SpaceX, xAI, and owner of The Boring Company, Neuralink, and X, is using his vast wealth and influence to support Donald Trump in this election. It has moved sharply to the right in support of the next president. , take up the megaphone with X and influence the outcome of the election. Musk's endorsement comes despite Trump's anti-EV stance and climate change skepticism, a pivot point from Musk and Trump's relationship years ago. . Musk served on two advisory committees during President Trump's first term, but resigned from both in protest of Trump's…

Hello everyone, welcome to TechCrunch's regular AI newsletter. If you'd like to have this sent to your inbox every Wednesday, sign up here. It was surprisingly easy to create a convincing audio deepfake of Kamala Harris on Election Day. It cost $5 and took less than two minutes. This shows how cheap and ubiquitous generative AI has opened the floodgates of disinformation. Creating a Harris deepfake was not my original goal. I was trying out Cartesia's Voice Changer. This is a model that transforms your voice into another while preserving the original prosody. That second voice could be a “clone”…

Pinstripe aims to reimagine the used goods market by offering sellers the opportunity to have both a digital storefront and a physical retail store. The platform, launched in June, offers an alternative approach compared to other marketplaces such as Archive, Depop, Facebook Marketplace, and Poshmark. With Pinstripe, sellers bring their clothing to a local consignment store, vintage shop, or retail store, where store employees handle the delivery process, freeing sellers from the burden of dealing with in-person interactions. It will be released. Pinstripe also recently introduced an automated offer system that uses an AI-powered assistant to manage the bidding and…

A grueling election cycle has come to an end. With Donald Trump becoming the 47th president of the United States and Republicans controlling the Senate and possibly the House of Representatives, his allies are poised to bring about major changes at the highest levels of government. The impact will be felt most acutely in the AI ​​industry, which is largely opposed to federal policy decisions. Mr. Trump has repeatedly said he intends to dismantle Mr. Biden's AI policy framework on “day one,” aligning himself with kingmakers who have harshly criticized all but the lightest regulations. Biden's approach Mr. Biden's AI…

There are now very few programmers in the world who aren't using some form of AI co-pilot. But asking technical questions and getting debugging support using GitHub Copilot and Cursor.AI may be just the beginning. AI coding may one day involve agents that can write programs themselves based on natural language prompts. Such programs could even replace human engineers. AI coding startups that can generate code from natural language prompts include Replit and Bubble. Some VCs believe that eventually, companies will hire fewer human engineers and each person will manage an AI coding agent. “It's not picture-perfect. It's in the…

President-elect Donald Trump spent much of his campaign harshly criticizing key parts of the anti-inflation law, from solar and wind tax credits to electric vehicles and environmental justice initiatives. However, his return to office does not necessarily mean that this landmark legislation will be repealed. While the Trump administration is unlikely to support specific climate technology startups, it will be difficult to repeal widespread laws. The Inflation Control Act of 2022 introduced a variety of tax credits and incentives aimed at reducing carbon pollution in the United States and attracting climate-friendly industries to the country. On both counts, it was…

The “For You” algorithm, which promotes the most interesting content across social networks tailored to individual users, was disjointed on U.S. election night, highlighting posts from hours ago that no longer reflected opinions. It provided an outdated and nearly unusable experience. Current state of the race. Frustration was particularly high in the Meta's X Rivals thread, where many users posted hopeful posts about Kamala Harris' victory, urged voters to “stand in line,” and continued to comment on early results even after her victory. He complained that he had seen posts promoting it as a “red mirage.” It is clear that…