Category: Crypto
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Nokia acquires Rapid, the API company once valued at $1B
Nokia, once the world’s biggest mobile phone company but now mainly provider of infrastructure and services to telecoms carriers, has made an acquisition in its bid to be a bridge between the worlds of tech and telecoms: it’s acquiring Rapid, formerly known as RapidAPI, a startup that operates an API marketplace. Nokia will be integrating…
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Europe asks for input on banned uses of AI
The European Union is developing compliance guidance for its new law on AI. As part of that process it’s launched a consultation (here) seeking input in two areas. The first is how the law defines AI systems (as opposed to “simpler traditional” software). It’s asking people in the AI industry, business, academic and civil society…
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Anysphere acquires Supermaven to beef up Cursor
Anysphere, the company behind AI-powered code editor Cursor, has acquired AI coding assistant Supermaven for an undisclosed sum. Anysphere CEO Michael Truell announced the deal in a post on Cursor’s blog. Supermaven, he said, will enable Anysphere to launch a new version of its Tab AI model that’s “fast, context-aware, and highly intelligent,” especially at sequences…
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Trump expected to try to stop looming TikTok ban
President-elect Donald Trump will try to prevent TikTok from getting banned in the United States, The Washington Post reported on Tuesday. During his campaign, Trump promised voters that he would save the popular social media app if elected. Former Trump adviser and campaign manager Kellyanne Conway told the Post that the president-elect “appreciates the breadth and…
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TikTok is integrating with influencer shopping app LTK, videos show
An integration with LTK, an app that lets consumers shop from creator and influencers’ recommendations, is rolling out on TikTok, according to videos by select creators viewed by TechCrunch. The collaboration could boost fashion creators’ ability to earn affiliate commissions via LTK, while also making it easier for consumers to locate the clothes and accessories…
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The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June. Volkswagen…
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Generative disinfo is real — you’re just not the target, warns deepfake tracking nonprofit
Many feared that the 2024 election would be affected, and perhaps decided, by AI-generated disinformation. While there was some to be found, it was far less than anticipated. But don’t let that fool you: The disinfo threat is real — you’re just not the target. Or at least so says Oren Etzioni, an AI researcher…
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23andMe cuts 40% of staff in restructuring
23andMe announced on Monday it would cut 40% of its workforce, representing more than 200 employees, as part of a restructuring at the company. The genetic testing company is also discontinuing its therapeutics business and winding down its clinical trials; it expects these changes to save $35 million annually. “We are taking these difficult but…
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TechCrunch Space: Nothing to see here!
Hello, and welcome back to TechCrunch Space. There was absolutely no news last week because nothing happened. Just kidding. Defying all early polling, Donald Trump swept the election and will soon be sworn in for his second term in office. From a space policy perspective, things are already starting to look interesting. That’s mostly due…
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Apple reportedly releasing a wall-mounted smart home tablet in 2025 – and yes, it does AI
Apple is gearing up to announce a new smart home hub, according to Bloomberg’s Mark Gurman. As early as March 2025, the iPhone maker could release a tablet that mounts to your wall, controls smart home appliances, does video calls, and of course features Apple Intelligence. The device reportedly has a 6-inch touchscreen, but it’s…