Author: TechBrunch

AI

In August, Elon Musk's xAI promised to make Grok, its flagship generative AI model that powers many of the features on X, available via API. Well, that API is here. However, it currently only has the bare minimum functionality. The xAI API has only one model, “grok-beta”, and is priced at $5 per million input tokens (approximately 750,000 words) or $15 per million output tokens. Tokens are subdivisions of raw data, such as the syllables “fan,” “tas,” and “tic” in the word “fantastic.” It is unclear which Grok model “grok-beta” is. Grok 2 is the latest version of X. The…

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On TikTok, Daze's most popular video has been viewed 8 million times. Across TikTok and Instagram, the startup, which has developed a new messaging app aimed at Gen Z, has amassed around 48 million views combined. Before its release, the app's waiting list was already filled with around 156,000 subscribers. Demand for this next-generation alternative to iMessage and WhatsApp isn't driven by glib influencers or paid ads, but product demo videos of the app in action that are impressing young viewers. It's just that. Founded by New York-based serial entrepreneur Willem Simons, Daze offers a freestyle messaging app inspired by…

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Hollywood's current unemployment crisis has many television and film staff worried about finding their next job. This is especially true for freelancers, who often face unstable work and irregular pay. ShoBizzy is a modern professional networking app for the entertainment industry that aims to address this challenge. And as more workers may be at risk of job loss, ShoBizzy recently expanded its services to allow users to pursue opportunities in additional areas such as live events and content creation. The app, launched in January, stands out from traditional job boards like Backstage and StaffMeUp because it doesn't require users to…

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With TechCrunch Disrupt 2024 only a week away, we’re thrilled to announce the complete list of companies behind the Side Events, set to amplify the excitement for thousands of attendees and Silicon Valley residents. From casual happy hours to insightful discussions and energizing morning runs, Disrupt Week — spanning October 26 to November 1 — features an exciting mix of Side Events happening across San Francisco, organized by a diverse collection of innovative companies. Side Event guidelines and disclaimers Registering/RSVPing to a Side Event does not grant you access/ticket/badge to TechCrunch Disrupt 2024, taking place October 28-30. Each event is…

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Only 7 days left until TechCrunch Disrupt 2024 officially kicks off!One of the biggest tech events of the year is poised to dominate the Bay Area's vibrant tech landscape for nearly a week. Get ready for the biggest tech gathering at Moscone West in San Francisco from October 28th to 30th. Technology experts from around the world come together to tackle the latest innovations, learn about trends, and connect through unparalleled networking. Why you can't miss Disrupt 2024 Over 10,000 startup and VC leaders Build powerful connections with 10,000 technology, startup, and venture capital leaders at Disrupt 2024. 350+ innovations…

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Since the pandemic, small business creation has increased in the United States. There are many technology tools designed to help these businesses with things like payroll and retirement planning, but the increased availability of tools doesn't mean small businesses know how to use them to make smarter decisions. It doesn't mean that it is. Uprise is trying to change that. The startup aims to serve as a financial advisor to these small and medium-sized businesses. It is built into financial services products that small businesses are already using, such as HR tech firm Rippling and small business tax startup Carry,…

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Indian stock trading and mutual fund startup Grow paid $159.4 million in taxes when it moved its domicile back to India from the US, the company said in a statement on Monday. Nearly a dozen Indian startups are moving their headquarters to India from the US and Singapore to better comply with Indian laws and facilitate IPOs in the country. A change of residence creates a tax event for both investors and startups. While the IPO market remains depressed in the US and many developed markets, India has emerged as a hotbed for initial public offerings this year. Around 70…

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AI

A fledgling startup aims to become one of Europe's first “AI computing” hyperscalers, with renewable energy playing a key role in its pitch to potential customers. The AI ​​gold rush has created an unprecedented demand for “computing.” “Computing” refers to the processing power, infrastructure, and resources required for tasks such as running algorithms, running machine learning models, and processing data. One company that has benefited greatly from this demand is Nvidia, which has emerged as a $3 trillion company driven by demand for GPUs (graphics processing units) and related AI hardware. In parallel, an industry of cloud infrastructure providers has…

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This story has been updated throughout with updated details as the story unfolds. We will continue to do so as litigation and disputes are ongoing. There is a lot of controversy going on in the world of WordPress, one of the most popular technologies for creating and hosting websites. The central issue is a dispute between WordPress founder and Automattic CEO Matt Mullenweg and WP Engine, which hosts websites built on WordPress. WordPress technology is open source, free, and powers a huge portion of the internet (approximately 40% of websites). Websites can host their own WordPress instance or use a…

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AI

According to the Wall Street Journal, AI search engine Perplexity is in talks to raise about $500 million at a valuation of $8 billion. If the deal closes on these terms, Perplexity would be valued at more than double the $3 billion it was valued at when it raised money from SoftBank in the summer. The company currently receives about 15 million queries per day and generates about $50 million in annual revenue, WSJ reports. Perplexity uses AI to help people search the web with a chatbot-style interface. Some news publishers have accused the company of unauthorized web scraping and…

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