Author: TechBrunch

WWDC is still over a month away, but Apple got ahead of the curve and sneakily attended another event. Today at 7 a.m. PT/10 a.m. ET, the company will announce the latest additions to its iPad line. Rumor has it that the list includes the new iPad Pro, iPad Air, Apple Pencil, and keyboard cases. Even more surprising, a little more than six months after the company unveiled three new M3 chips all at once, the event could also see the unveiling of a new M4 chip. Why refresh the silicon so quickly? First, word on the street is that…

Digital banking startup Mercury overlays software on top of its bank accounts to give corporate customers the ability to pay bills, issue customer invoices and reimburse employees, the company said. spoke exclusively to TechCrunch. The additions will put the company in more direct competition with rival fintech companies such as Brex and Ramp, which have long competed for market share in an increasingly crowded field. The fintech, which has been providing banking services to startups and other businesses since 2019, will expand by first offering accounting automation and more sophisticated bill payment capabilities with new software that integrates with bank…

In 2017, Vinod Khosla told CNBC that the job of a radiologist “will be obsolete within five years.” The Khosla Ventures founder later revised that timeline to his 15-year length, but argued that AI image recognition would allow scans to diagnose diseases faster than human doctors. Seven years later, radiologists are still required to interpret most scans (even if AI software helps). An even more immediate challenge is the shortage of such physicians in the United States and around the world. Khosla Ventures has backed several imaging startups, including Vista.ai and Q Bio, but the company's latest bet is not…

When Sanish Mondkar was on a long road trip across the United States many years ago, he noticed a deep and problematic disconnect between employers and the employees they employ. Ta. To critics of late capitalism, this may seem like an obvious point. But Mondker, who earned a master's degree in computer science from Cornell University, says seeing the problem up close made all the difference. “As I moved from town to town, I couldn't help but notice the constant 'for hire' signs posted in the windows of countless labor-intensive businesses, including retail stores and restaurants,” he says. . “At…

Bias in AI image generators is a well-studied and well-documented phenomenon, but consumer tools continue to exhibit clear cultural biases. The latest culprit in this space is his AI chatbot from Meta, which for some reason tries to add a turban to an image of an Indian man. Earlier this month, the company rolled out Meta AI across WhatsApp, Instagram, Facebook, and Messenger in more than a dozen countries. However, the company has rolled out MetaAI to some users in India, one of the world's largest markets. TechCrunch explores a variety of culture-specific queries as part of our AI testing…

While working at Point72, a hedge fund founded by notorious investor Steve Cohen, Thomas Lee realized that the financial industry relied heavily on error-prone manual data entry processes. “As a buy-side analyst, I found it painful to manually capture and enter data to build and update financial models,” Lee told TechCrunch. “It took time away from more important tasks: analysis and investment.” After meeting Jeremy Huang, a former software engineer at Airbnb and Meta, and Daniel Chen, a former Microsoft engineer through connections at New York University (all three are alumni), Li ventured into data automation solutions. I have decided…

Microsoft and OpenAI have announced the creation of a $2 million fund to combat the growing risk that AI and deepfakes will be used to “deceive voters and undermine democracy.” With a record 2 billion people heading to the polls across some 50 countries this year, there are concerns about the impact AI will have on voters, especially those in “vulnerable communities” who are more likely to have their opinions heard. Take it at face value. The rise of generative AI, including wildly popular chatbots such as ChatGPT, has created a new and significant threat landscape involving AI-generated “deepfakes” aimed…

When Itai Ben-Zaken's first startup failed in 2018, the former BCG consultant and Wharton MBA did a lot to understand what could have been done differently in the five years he ran the company. It took me months. After analyzing most of his major decisions, I found that while Comprendi, a digital ad recommendation business, is an interesting offering, its biggest mistake was trying to operate in a market with two dominant players: Google and Facebook. I concluded that there is. So when Ben-Zaken started looking to form a second startup, he vowed not to make the same mistake again.…

When Itai Ben-Zaken's first startup failed in 2018, the former BCG consultant and Wharton MBA did a lot to understand what could have been done differently in the five years he ran the company. It took me months. After analyzing most of his major decisions, I found that while Comprendi, a digital ad recommendation business, is an interesting offering, its biggest mistake was trying to operate in a market with two dominant players: Google and Facebook. I concluded that there is. So when Ben-Zaken started looking to form a second startup, he vowed not to make the same mistake again.…

A few weeks ago, TechCrunch broke the news that Akamai was in talks to acquire API security specialist Noname Security for about $500 million. Today, the deal was confirmed, albeit at a slightly lower price. Akamai announced Tuesday that it has agreed to acquire Noname in a $450 million deal. This agreement highlights continued efforts towards further consolidation in the cybersecurity market. Over the past few years, various cybersecurity startups have emerged. However, many of these companies find it difficult to scale, raise capital, or sell to customers looking for a one-stop shop to manage multiple security needs. As a…