Category: Crypto
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ByteDance appears to be skirting US restrictions to buy Nvidia chips: Report
TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The Information, citing inside sources. If ByteDance follows through, it will become one of the world’s top owners of Nvidia chips, despite U.S. efforts…
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Blue Origin looks to take on SpaceX dominance with New Glenn launch days away
Nearly a quarter century after its founding, Jeff Bezos’ Blue Origin is gearing up to launch an orbital rocket for the first time — and finally enter the competitive launch industry that is currently dominated by SpaceX. Company executives have maintained that they are planning to launch the towering rocket, called New Glenn, before the…
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From AI agents to enterprise budgets, 20 VCs share their predictions on enterprise tech in 2025
While AI is lauded by some as the biggest technological breakthrough since the industrial revolution, enterprises — arguably the tech’s biggest potential customer base — have been slow to adopt AI. While some investors predicted that 2024 would be the year we’d start to see more AI adoption by enterprises, that didn’t play out as…
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US Treasury says China stole documents in ‘major’ cyberattack
Treasury officials attributed the December theft of unclassified documents to China. © 2024 TechCrunch. All rights reserved. For personal use only. Treasury officials attributed the December theft of unclassified documents to China. © 2024 TechCrunch. All rights reserved. For personal use only.
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Volkswagen leak exposed precise location data on thousands of vehicles across Europe for months
The data was found exposed on an Amazon cloud server, and contained precise location data on thousands of vehicles. © 2024 TechCrunch. All rights reserved. For personal use only. The data was found exposed on an Amazon cloud server, and contained precise location data on thousands of vehicles. © 2024 TechCrunch. All rights reserved.…
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Bench to be acquired after abruptly shutting down
Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be acquired by Employer.com for an undisclosed price in a last-minute deal, TechCrunch has exclusively learned. The San Francisco-based HR tech company Employer.com focuses on payroll and onboarding, in contrast to Bench,…
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Apple TV+ will be free to stream this weekend
Apple is allowing anyone to access its Apple TV+ streaming service for free this weekend, from January 3 to 5. The company made the announcement on Monday alongside a short video featuring its most popular TV shows, including “Severance,” “Slow Horses,” “Shrinking,” and more. It’s worth noting that this is the first time that Apple…
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Nvidia completes acquisition of AI infrastructure startup Run:ai
Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said its software, which currently only works with Nvidia products, will be open sourced, meaning Nvidia rivals like AMD and Intel will be able to adapt it for their hardware. “We…
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Mercedes-backed Volocopter files for bankruptcy
German electric air taxi company Volocopter has filed for bankruptcy protection, the latest in a string of similar startups to hit financial turbulence. The company plans to keep operating while it searches for new investors. “We are ahead of our industry peers in our technological, flight test, and certification progress. That makes us an attractive…
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Backed by a16z and QED, Brazilian startup Carecode puts AI agents to work on healthcare
AI holds huge promise for healthcare, but not just on the medical side; many startups are convinced machine learning-based systems can do a lot of good on adjacent tasks such as appointment scheduling and confirmations. Brazilian startup Carecode is among these AI believers. It’s coming out of stealth with an ambition to reduce healthcare costs…