Category: Enterprise
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Joe Biden drops out of presidential race
U.S. President Joe Biden has announced he no longer plans to seek reelection, a decision that follows weeks of growing pressure from some Democratic Party supporters, including high-profile tech investors and executives. “It has been the greatest honor of my life to serve as your President,” Biden said in a statement. “And while it has…
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What Kamala Harris has said about AI, tech regulation, and more
With President Joe Biden dropping out of the race, Vice President Kamala Harris may become the Democrats’ new nominee. In announcing his plans, Biden offered his “full support and endorsement for Kamala to be the nominee of our party this year,” while Harris said her “intention is to win and earn this nomination.” That said,…
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CIA AI director Lakshmi Raman claims the agency is taking a ‘thoughtful approach’ to AI
As a part of TechCrunch’s ongoing Women in AI series, which seeks to give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch interviewed Lakshmi Raman, the director of AI at the CIA. We talked about her path to director as well as the CIA’s use of AI, and the…
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The Asus ROG Ally X turns PC gaming into a portable console
A little more than a year after launching the ROG Ally, Asus is releasing a refined version of its portable device, the ROG Ally X. This Windows-based machine starts shipping on July 22 for $800. I’ve been playing with the portable console for a few days, and there’s already a lot to like — especially…
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From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader
Subject to shareholder approval, Yandex N.V. is adopting the name of one of its few remaining assets, an AI cloud platform called Nebius AI which it birthed last year. © 2024 TechCrunch. All rights reserved. For personal use only. When is a startup not a startup? When it’s a public company with 1,300 employees and…
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WazirX halts trading after $230 million ‘force majeure’ loss
WazirX, one of India’s largest cryptocurrency exchanges, has “temporarily” suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security breach. The Mumbai-based exchange said in a tweet Sunday evening that the cyber attack had substantially impaired its ability to maintain the critical 1:1 collateral…
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Unpacking how Alphabet’s rumored Wiz acquisition could affect VC
Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could last into next week. If this deal does end up getting done, it would be Alphabet’s largest acquisition yet. It…
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CrowdStrike’s update fail causes global outages and travel chaos
This week saw one of the most widespread IT disruptions in recent years linked to a faulty software update from popular cybersecurity firm CrowdStrike. Businesses across the world reported IT outages, including Windows “blue screen of death” errors on their computers, impacting airlines, banks, retailers, brokerage houses, media companies and railway networks. OpenAI released GPT-4o…
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Bethesda Game Studios employees form a ‘wall-to-wall’ union
Employees at Bethesda Game Studios — the Microsoft-owned game developer that produces the Elder Scrolls and Fallout franchises — are joining the Communication Workers of America. Quality assurance testers at Bethesda’s parent organization ZeniMax unionized last year, becoming Microsoft’s first official union in the United States. In its announcement, the CWA calls Bethesda’s new union…
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Tracking the EV battery factory construction boom across North America
A wave of automakers and battery makers — foreign and domestic — have pledged to produce North American–made batteries before 2030. © 2024 TechCrunch. All rights reserved. For personal use only. The onshoring of battery manufacturing for EVs started as a trickle during the COVID-19 pandemic. Then it turned into a tsunami. In 2019,…