Category: Apps
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Bessemer, Index, and a16z alum launch VC firm Chemistry
New VC firm Chemistry raised $350 million for its debut fund, Forbes reported on Wednesday. The firm was launched by Mark Goldberg, former partner at Index Ventures; Kristina Shen, former general partner at Andreessen Horowitz; and Ethan Kurzweil, former partner at Bessemer (pictured above in that order). Axios first reported in April that the three…
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The Space Development Agency taps 19 companies for future defense demo missions
The Space Development Agency (SDA) has selected 19 companies to compete for future contracts under a new program designed to rapidly onboard new contractors for defense demonstration missions. Each company will receive an initial $20,000 to cover administrative expenses. These companies have essentially been preapproved to bid on future prototype missions to support the SDA’s Proliferated…
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Tesla is testing a robotaxi service that Elon Musk claims will launch next year
Elon Musk said he hopes to launch a service that will let people hail self-driving Tesla vehicles in California and Texas sometime in 2025 — and claims his company has already been testing the service in the Bay Area with employees. The comments, made Wednesday on Tesla’s third-quarter earnings call, go farther than what Musk…
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X’s India revenue falls 90%, filing shows
X’s revenue in India plummeted 89.8% to $2.51 million in the financial year ending March, according to regulatory filings from the Elon Musk-owned social network. The company, which had posted revenue of $24.7 million in the previous fiscal year, also significantly reduced its expenses in India to $2.2 million from $20 million year-over-year, the filing…
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TechCrunch Disrupt 2024 full Breakout Session agenda
With TechCrunch Disrupt 2024 just days away, we’re gearing up for an incredible three-day event packed with interactive sessions! From October 28-30 at Moscone West in San Francisco, dive into Q&A conversations with a panel of industry experts around the most pressing issues and cutting-edge tech trends to help empower your growth. Don’t miss your…
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Pinterest faces EU privacy complaint over tracking ads
When it comes to privacy nightmares, Pinterest is unlikely to be the first social app that springs to mind. But the visual discovery engine’s use of tracking ads is the target of the latest complaint from European privacy rights non-profit noyb, which accuses it of breaching the bloc’s General Data Protection Regulation (GDPR) by failing…
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Cash collection startup Upflow also wants to handle B2B payments
Upflow, a French startup we’ve been covering for quite a while, originally focused on managing outstanding invoices. The company is now announcing a shift in its strategy to become a B2B payment platform with its own payment gateway to complement its accounts receivable automation solution. Like many software-as-a-service products, Upflow started by building a central…
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Nvidia signs a slew of AI-related deals in India
Nvidia is embarking on a series of partnerships with Indian firms to deploy its AI chips and technology, deepening its push into a key growth market. The U.S. chip designer’s CEO Jensen Huang said at its AI Summit in Mumbai on Thursday that Tech Mahindra would use its technology to develop Indus 2.0, an AI…
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Google releases tech to watermark AI-generated text
Google is making SynthID Text, its technology that lets developers watermark and detect text written by generative AI models, generally available. SynthID Text can be downloaded from the AI platform Hugging Face and Google’s updated Responsible GenAI Toolkit. “We’re open-sourcing our SynthID Text watermarking tool,” the company wrote in a post on X. “Available freely to developers…
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DuckDuckGo will be making more early-stage investments in privacy-focused startups
DuckDuckGo, the privacy-focused search alternative to Google, wants to put money into startups that have a similar focus on privacy. The company says that it’s actively seeking startups looking for investment, or startups that might be interested in partnering up or being acquired. In a blog post today, the company name-checked its SVP of finance,…