Sustainability-focused fintech Aspiration was flying high a few years ago, attracting famous investors including Orlando Bloom, Leonardo DiCaprio, and Robert Downey Jr. Now, its co-founder will plead guilty to helping perpetuate a $248 million fraud scheme, according to U.S. attorneys. Joseph Sanberg, who was arrested in March, has agreed to plead guilty to two counts…
Beijing may have thrown a wrench into Nvidia’s plans on making a comeback in China’s AI market. Nvidia has instructed its component suppliers to stop production related to its H20 AI chip, according to The Information. The production halt comes after Beijing reportedly warned Chinese companies against using these chips because of potential security issues…
Y Combinator has filed an amicus brief in the ongoing legal battle between Apple and Epic Games, arguing that the App Store has stifled startup innovation. We’ve reached out to legal reps for YC and Apple for comment. The brief comes during the years-long legal dispute. Epic Games first filed an antitrust lawsuit against the…
SpaceX is gearing up to launch its massive Starship rocket from South Texas, a test that gives the company a chance to reverse a brutal few months of mishaps on the ground and in the air. The last Starship test flight was nearly three months ago, and it notched a milestone: the first reuse of…
TikTok has not been unbanned in India, TechCrunch confirmed Friday, despite brief website access that sparked media reports of a possible comeback after more than five years. A TikTok spokesperson told TechCrunch that the Chinese-owned social media platform’s ban by the Indian government remains in place, and the short-video platform is not accessible in the…
The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to report the news, which pushed the semiconductor chip company’s stock up more than 7%. Trump said Intel has agreed to the proposal. Intel declined to comment. The news comes during a pivotal — and…
Social networking startup Bluesky has made the decision to block access to its service in the state of Mississippi, rather than comply with a new age assurance law. In a blog post published on Friday, the company explains that, as a small team, it doesn’t have the resources to make the substantial technical changes this…
Meta is partnering with Midjourney to license the startup’s AI image and video generation technology, Meta Chief AI Officer Alexandr Wang announced Friday in a post on Threads. Wang says Meta’s research teams will collaborate with Midjourney to bring its technology into future AI models and products. “To ensure Meta is able to deliver the…
It’s hard to find programmers these days who aren’t using AI coding assistants in some capacity, especially to write the repetitive, mundane bits. But those who refused to try the tools when Coinbase bought enterprise licenses for GitHub Copilot and Cursor got promptly fired, CEO Brian Armstrong said this week on John Collison’s podcast “Cheeky…
As AI technology makes its way into the enterprise, Apple is rolling out new tools that will give businesses more granular control over where and how their employees can tap into artificial intelligence. With the release of Apple’s software updates arriving in September, the tech giant is adding another option for enterprise customers: the ability…
