Category: Enterprise
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Peloton adds $95 activation fee for used equipment
The move is an effort to squeeze additional revenue from second-hand products, over concerns that cheaper, slightly used bikes, treadmills and rowers could cannibalize used sales. © 2024 TechCrunch. All rights reserved. For personal use only. In a shareholder letter released Thursday, Peloton outlined its ongoing strategy to regain its financial footing. It highlights…
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‘Disappointed but not surprised’: Former employees speak on OpenAI’s opposition to SB 1047
Two former OpenAI researchers who resigned this year over safety concerns say they are disappointed but not surprised by OpenAI’s decision to oppose California’s bill to prevent AI disasters, SB 1047. Daniel Kokotajlo and William Saunders previously warned that OpenAI is in a “reckless” race for dominance. “Sam Altman, our former boss, has repeatedly called…
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Halliburton shuts down systems after cyberattack
A company spokesperson for the oil drilling and fracking giant declined to name the executive overseeing cybersecurity, if any. © 2024 TechCrunch. All rights reserved. For personal use only. Oil drilling and fracking giant Halliburton said it has shut down some of its internal systems following a cyberattack earlier this week. In a brief…
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AI sales rep startups are booming. So why are VCs wary?
When you really probe venture capitalists about investing in AI startups, they’ll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes. But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs.…
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Boston Dynamics’ new electric Atlas can do push-ups
Until today, we’ve seen exactly 40 seconds of Boston Dynamics’ new electric Atlas in action. The Hyundai-owned robotics stalwart is very much still in the early stages of commercializing the biped for factory floors. For now, however, it’s doing the thing Boston Dynamics does second best after building robots: showing off in viral video form.…
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Cruise’s robotaxis are coming to the Uber app in 2025
Cruise, General Motors’ self-driving subsidiary, said it has signed a multi-year partnership with ride-hailing giant Uber to bring its robotaxis to the ride-hailing platform in 2025. Cruise didn’t say when exactly customers would see its vehicles on Uber’s platform, but a spokesperson told TechCrunch that this partnership will follow the re-launch of Cruise’s own driverless…
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Founder of failed fintech Synapse says he’s raised $11M for new robotics startup
Tens of millions of customer dollars remain unaccounted for at his previous startup, fintech Synapse. But that’s not deterring Sankaet Pathak from forging full steam ahead with his new robotics venture. Foundation is a robotics startup with a self-proclaimed mission to “create advanced humanoid robots that can operate in complex environments” to address the labor…
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Synapse’s collapse has frozen nearly $160M from fintech users — here’s how it happened
Here is a timeline of Synapse’s troubles and the ongoing impact it is having on banking consumers. © 2024 TechCrunch. All rights reserved. For personal use only. The collapse and bankruptcy of BaaS fintech Synapse has revealed how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse operated…
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Waymo wants to chauffeur your kids
Soon, parents in range of Waymo robotaxis might not have to worry about picking up their kids from after-school activities — or any time, really. The San Francisco Standard reports that Waymo, the Alphabet subsidiary, is considering a subscription program that would let teens hail one of its cars solo and send pickup and drop-off…
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Gimbal Space takes on legacy suppliers with fast-paced component supply chain
America’s space industry seems mature, but the supply chain that provides all the parts and components for rockets, satellites, and other spacecraft is considerably less so. Gimbal Space is aiming to change that, starting with components in the crucial subsystem that enables a spacecraft to orient itself in space — but delivered cheaper and a whole…