Work-Bench, whose portfolio includes unicorns Spring Health and Socure, just raised a $160 million Fund IV to quadruple down on backing companies in New York City. The firm announced the raise in a blog post on Monday, saying the latest fund will support seed-stage founders building enterprise software. Checks will range from $2 million to…
Elon Musk’s AI company, xAI, has missed a self-imposed deadline to publish a finalized AI safety framework, as noted by watchdog group The Midas Project. xAI isn’t exactly known for its strong commitments to AI safety as it’s commonly understood. A recent report found that the company’s AI chatbot, Grok, would undress photos of women when…
At long last, digital consumer bank Chime has moved forward with its IPO by filing its S-1 paperwork Tuesday. Chime had reportedly filed confidential S-1 paperwork back in December. S-1 filings typically reveal all kinds of information, covering financial, legal, and other risk factors. But Chime’s S-1 documents still have a lot of blank spaces….
We’re excited to announce a big surprise for the AI community — TechCrunch Sessions: AI is getting a limited-time discount to broaden the number of people who can attend and learn from some of the brightest minds in the industry. For just $292, you can get a general admission ticket — plus a 50% discount…
Google is testing a redesign of its Search homepage in which “AI Mode,” the experimental AI-powered search feature the company rolled out earlier in May, replaces its longstanding “I’m Feeling Lucky” button under the Search bar. A company spokesperson confirmed to The Verge, which was the first to report the change, that the feature began…
Yuga Labs, known as the creator of Bored Ape Yacht Club and other notable NFTs, sold its iconic CryptoPunks to the nonprofit NODE Foundation, which focuses on preserving digital art. The deal details are undisclosed, and a representative declined to comment. Back in April, NODE announced it received a $25 million grant to “build the…
Fabled startup investor and accelerator Y Combinator has some choice words for Google in an amicus brief it just submitted in the U.S.’s monopoly case against the search giant. In the brief, YC charged that Google is a “monopolist” that has “stunted” the U.S. startup ecosystem by making VC firms like itself hesitate to fund…
Federal railroad regulators are in talks with Elon Musk’s tunneling firm, The Boring Company (TBC), over a multi-billion Amtrak project, according to The New York Times. Citing sources familiar with the matter, the NYT reports that Federal Railroad Administration officials have spoken with TBC to learn whether the Musk-owned company could save the agency money…
Apple Music is introducing a new “audio wellness” collection of songs called Sound Therapy. Designed in partnership with Universal Music Group (UMG), the feature combines songs that subscribers already know with other sound waves that promote focusing, relaxing, or sleeping. Songs may include auditory beats or colored noise, sound waves where the intensity varies at…
Meeting transcription space is a hot commodity for all productivity suites. Companies like ClickUp and Zoom have added transcription with an AI summary to take on another upstart in this vertical, including Read AI, Zoom’s assistant, Circleback, Granola, or Otter. The latest entrant in the race to build meeting transcription tools is Notion. The company is rolling out an…
