Category: Enterprise

ElevenLabs, a startup that makes AI tools for audio applications, is being approached by existing and new investors about a new round, which could value the company as highly as $3 billion, TechCrunch has learned.  The two-year-old company specializes in making AI tools to generate synthetic voices for audiobook narrations, and for real-time video dubbing…

One of the co-leads on OpenAI’s video generator, Sora, has left for Google. Tim Brooks, who was heading development on Sora with William Peebles, announced in a post on X that he’ll be joining Google DeepMind, Google’s AI research division, to work on video generation technologies and “world simulators.” “I had an amazing two years…

Apple is planning to open four new retail stores in India and has begun manufacturing the iPhone 16 Pro models domestically, the company said as it deepens its presence in the world’s second-largest smartphone market. The U.S. tech giant plans to launch stores in Bengaluru, Pune, Delhi-NCR, and Mumbai, building on its first two Indian…

Are you confused about artificial general intelligence, or AGI? It’s that thing OpenAI is obsessed with ultimately creating in a way that “benefits all of humanity.” You may want to take them seriously since they just raised $6.6 billion to get closer to that goal. But if you’re still wondering what the heck AGI even…

The world of WordPress, one of the most popular technologies for creating and hosting websites, is going through a very heated controversy. The core issue is the fight between WordPress founder and Automattic CEO Matt Mullenweg and WP Engine, which hosts websites built on WordPress. WordPress technology is open source and free, and it powers…

Automattic CEO Matt Mullenweg said on Thursday that 159 employees (roughly 8.4% of staff) accepted a severance package that the company had offered to those who disagreed with his direction of WordPress and his handling of the tussle with web hosting provider WP Engine. In a blog post, Mullenweg said the package offered $30,000 or…

Waymo has struck a deal with Hyundai to bring the IONIQ 5 EV to its robotaxi network, adding another autonomous vehicle option as it scales up its business. The autonomous vehicle company announced Friday that it expects to start on-road testing a Waymo-equipped IONIQ 5 by late 2025, with the AV becoming available to riders…

In addition to OpenAI’s new $6.6 billion megaround of funding at a post-money valuation of $157 billion, the outfit has secured a $4 billion revolving line of credit, it disclosed in a post Thursday night. The arrangement gives it “access to over $10 billion in liquidity, which gives us the flexibility to invest in new…

To some degree, every business that has a presence on the web is in the content business — whether that’s for informing customers, finding new clients, or for SEO. That means managing the production of those texts and images, updating them, and potentially optimizing them for a search engine to index and rank. Since large…

OpenAI introduced a new way to interact with ChatGPT on Thursday: an interface it calls “canvas.” The product opens a separate window, beside the normal chat window, with a workspace for writing and coding projects. Users can generate writing or code directly in the canvas, then highlight sections of the work to have the model…