Category: Enterprise

Though President-elect Donald Trump has been expected to stop the looming ban on TikTok, his political appointments suggest otherwise. Trump announced on Sunday that he selected Brendan Carr to chair the Federal Communications Commission (FCC), which regulates the internet, news media, and other forms of communication. Carr, whom Trump appointed to the FCC in 2017,…

It’s no secret that the venture capital industry is facing a liquidity crisis as IPOs and other exits remain few and far between after 2020 and 2021’s record-breaking years. Now, we have numbers that show just how bad it’s gotten. In 2023, the U.S. VC industry invested $60 billion more into startups than it collected…

With ServiceTitan’s public IPO documents, we may be witnessing the birth of a new boilerplate warning: LLMs. © 2024 TechCrunch. All rights reserved. For personal use only. ​ Every IPO S-1 prospectus includes a section listing all kinds risk factors for why its stock may not be a good buy. Many of them are boilerplate…

Blizzard Entertainment first released World of Warcraft in November 2004, so The New York Times celebrated the anniversary by outlining the many ways we can still see the massively multiplayer online roleplaying game’s influence’s 20 years later. For one thing, while multiplayer games and early social networks such as MySpace already existed, WoW provided a…

An investment vehicle backed by Oyo’s founder, Ritesh Agarwal, has proposed to inject another $65.1 million into the Indian hospitality startup, according to notices to shareholders that were reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in a notice to shareholders. While…

Indian nutrition startup HealthKart’s valuation has surged to about $500 million in a new all-secondary investment of $153 million, two sources familiar with the matter told TechCrunch. The investment, one of the largest for an Indian consumer startup this year, was co-led by private equity firms ChrysCapital and Motilal Oswal, with Avendus Capital serving as…

House plants are great. They can also be hard. All of those stress-reducing self-care qualities they promise tend to fade into the background when they suddenly turn brown for seemingly no reason. Unlike pets and human children, they can’t bug you when something is wrong. They just sort of wither. There’s a reason Reddit is…

One of the most widely used techniques to make AI models more efficient, quantization, has limits — and the industry could be fast approaching them. In the context of AI, quantization refers to lowering the number of bits — the smallest units a computer can process — needed to represent information. Consider this analogy: When…

Two things are immediately notable when watching the Carter Pro robot navigate the aisles of the demo warehouse inside Robust AI’s San Carlos, California, headquarters. The first is the shelving units: standardized, modular, and off-the-shelf. The wire frames will look familiar to anyone who has spent time in warehouses, and that’s certainly by design. The second…

Charles Hudson, managing partner of Precursor Ventures, told an audience at AfroTech the basics of knowing when to invest: A company should have product-market fit and some form of traction.  But the next thing he said garnered some surprised looks from the audience: Founders should test investors with a small issue to see how they…