Author: TechBrunch

Spotify and Warner Music Group (WMG) has announced a new multi-year agreement covering both recorded music and music publishing, the company announced Thursday. WMG owns the labels behind popular artists such as Dua Lipa, Coldplay and Ed Sheeran. “The new agreement will help provide new fan experiences, deeper music and video catalogs, further paid subscription layers and differentiated content bundles,” the company said in a press release. Spotify CEO Daniel Ek said Tuesday that the company will offer a new “Super Fan” premium tier, including additional features for subscribers. Comments will come as Spotify has been teasing Hi-Fi tier for…

The company, which may be seen as a great European hope for AI, has released several updates to AI assistant Le Chat. In addition to major web interface upgrades, the company is releasing mobile apps on iOS and Android. As a reminder, Mistral develops its own large language model. The company's flagship models, such as Mistral Large and Multimodal Model Pixtral Large, can be used for commercial use through APIs or cloud partners such as Azure AI Studio, Amazon Bedrock, and Google's Vertex AI. It also releases many open weight models under the Apache 2.0 license. Mistral wants to position…

According to investor memos seen by the New York Times, Andreesen Horowitz defends the decision to hire Daniel Penny. The venture capital firm sparked a stir earlier this week after announcing it would hire Penny, who was acquitted last year after choking a homeless man on the New York City subway. Penny, a former Marine, has no investment experience. The company said it will tackle a US dynamism team focused on government and defense. The company also said it would teach him how to invest. In a memo seen by the New York Times, the company said it “has spent…

TrueFoundry is a startup run by a group of former META engineers who helped companies deploy AI systems at scale and raised $19 million in new investments led by Intel Capital. After the launch of ChatGPT in November 2022, with the advent of Genai, companies of all sizes are considering ways to embrace AI. However, genai relies on large language models to provide intelligence (reading efficiency) and demands critical computational power. Not all companies have the advantage of accessing hundreds or thousands of GPUs, and GPU optimization is essential. Additionally, companies need to experiment with multiple models to find the…

Fizz, the university's social app, is looking for ways to enhance and expand its platform. New employment these days is poised to promote these ambitions. The company previously served as Chiktok creator monetization director and served as Chiktok Shop product lead as Fizz's new product head. With the help of Vazquez, Fizz plans to build a recommendation system, expand the market beyond peer-to-peer transactions with in-app payments, explore more video content, and open a platform for advertising and brand partnerships. It's there. Vazquez met Fizz through her role as a startup advisor and was drawn to social apps because she…

The supply chain has been going on in 2020, when Covid-19 defeated the legacy global supply chain. Recently, companies like Shein and Temu are constantly creating new products in Retail's Tiktok-Ifitial, as consumers change at the same rapid pace. Pendulum aims to help businesses better plan for supply and demand in this new on-demand economy. Pendulum's software connects all of the company's fragmented internal data sources, including inventory, procurement, and pricing, into a single model equipped with AI to help businesses forecast and optimize supply and demand. Masu. Co-founder and CEO Benjamin Fels told TechCrunch that getting the supply and…

British engineering firm IMI disclosed a cybersecurity case days after it reported that rival company Smith had been targeted by hackers. IMI, a Birmingham-based company that designs and manufactures products for industrial automation, transportation and climate control, said in a filing with the London Stock Exchange on Thursday that “Unauthorized access to the company's systems are currently involved.” He said he is responding to cybersecurity incidents. London-listed IMI said the company is “involving external cybersecurity experts to investigate and contain the incident” and “takes necessary steps to comply with regulatory obligations.” When asked by TechCrunch, IMI refused to comment on…

Cultivated chicken doggy snacks are sold by pet food retailers in the UK, at home pets. The retailer was also a major investor at Meatly, a startup that produces meat ingredients found in packed chick bites for dog food brands, as low carbon treatments are being billed for butcherished. (The other ingredients in the snacks are plant-based.) As the Guardian reports, Meatly claims a world that retailed meat for pet food. The company received a use case regulatory notice last summer. Chick bites are the first foray into commercializing meat chickens, the name of meat growing in bioreactors after a…

When you think about the platforms in the construction industry, there are concrete slabs designed to first think of steel beams and tall columns. Munich-based startup Comstruct wants to design different types of platforms, or software platforms, for the construction industry. At the heart of this, Comstruct is a construction material procurement platform. For large projects, material orders can take a lot of time as material providers continue to print delivery notes and invoices. Orders are often called, making it difficult to coordinate your invoices and create a comprehensive data report. The startup has also announced a $12.5 million Series…

Emblem, a relatively new European VC company based in Paris, has announced the final closure of its first fund. Eighteen months after the initial closure, the emblem team was able to secure a total of 80 million euros (approximately $85 million at the current exchange rate). This is not a small feat in the current financial environment. Venture funding for 2024 fell for the third consecutive year, according to Atomico's latest European Technology Report. One of the main reasons for this is that acquisitions and IPOs are not actually happening. As a result, VC as an investment category is less…