Category: Enterprise

Temasek has previously invested in Lenskart, and this new funding follows a $500 million investment by the Abu Dhabi Investment Authority last year. © 2024 TechCrunch. All rights reserved. For personal use only. ​ Temasek and Fidelity have purchased shares worth $200 million in Indian eyewear retailer Lenskart, according to a statement by the startup’s…

Early attempts at making dedicated hardware to house artificial intelligence smarts have been criticized as, well, a bit rubbish. But here’s an AI gadget-in-the-making that’s all about rubbish, literally: Finnish startup Binit is applying large language models’ (LLMs) image processing capabilities to tracking household trash. AI for sorting the stuff we throw away to boost…

Last week, TechCrunch paid a visit to Apple’s Austin, Texas manufacturing facilities. Since 2013, the company has built its Mac Pro desktop about 20 minutes north of downtown. The 400,000 square foot facility sits in a maze of industry parks, a quick trip south from the company’s in-progress corporate campus. In recent years, the capital…

Monzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The company also confirmed that it’s in the early stages of expanding into the broader European market via a new base in Ireland. The news comes shortly after the U.K.-based neobank raised a couple of hefty tranches of funding, starting with $430…

Spotify has announced it’s hiking subscriptions for customers in the U.S., the second such price increase in the space of a year. The music-streaming giant reports that premium pricing will increase in July from $10.99 to $11.99, representing a rise of nearly 10%. The Duo and Family plans will go up to $16.99 and $19.99,…

Ashby consolidates existing talent acquisition tools and leans heavily on AI to automate the more repetitive steps in the recruitment pipeline. © 2024 TechCrunch. All rights reserved. For personal use only. ​ Benjamin Encz’s path to entrepreneurship was long and unusual. Having previously worked as an R&D engineer at FX companies Industrial Light & Magic…

X will now allow users to post consensually produced NSFW content as long as it is prominently labeled as such. © 2024 TechCrunch. All rights reserved. For personal use only. ​ The internet has been home to all kinds of content for a long time, so it was no surprise to anyone when people started…

The StrictlyVC roadtrip continues! Coming off of sold-out events in London, Los Angeles, and San Francisco, we’re heading to Washington, D.C. for a cozy-vc-packed, evening at the Woolly Mammoth Theatre on Tuesday, June 11 in partnership with Revolution. StrictlyVC events are known for delivering exclusive insights and fostering meaningful connections among top investors, entrepreneurs, and…

Neural Concept lets designers model how components will perform before they can be manufactured. © 2024 TechCrunch. All rights reserved. For personal use only. ​ As pressure from Chinese competitors intensifies and the EV market stalls, major U.S. and European auto manufacturers are racing to cut the cost of producing electric vehicles so they can…

What is AI? We’ve put together this non-technical guide to give anyone a fighting chance to understand how and why today’s AI works. © 2024 TechCrunch. All rights reserved. For personal use only. ​ So what is AI, anyway? The best way to think of artificial intelligence is as software that approximates human thinking. It’s…