Category: Enterprise

Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday, but that did little to assure investors that its rapid growth would continue. On its earnings call, analysts prodded CEO Jensen Huang about how Nvidia would fare if tech companies start using new methods to improve…

Several AI-based study tools are capitalizing on a “PDF to Brainrot” trend, which will read the text of a document you upload over “oddly satisfying” videos, like ASMR clips of mixing paint and cutting soap, or gameplay footage from Minecraft and Subway Surfers. Then students can listen to an automated voice read their textbooks to…

Billionaire Gautam Adani and several executives at his company, the Indian conglomerate Adani Group, have been indicted over an alleged scheme to pay more than $250 million in bribes to Indian officials in exchange for contracts to a 12 gigawatt solar power project. The indictment, unsealed Wednesday in federal court in Brooklyn, charges Adani, his…

Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum. Snowflake unveiled the deal at the close of the market bell on Wednesday, when it also announced its Q3 2025 earnings. The deal’s closing is subject to customary conditions, Snowflake noted in a release. Joseph Witt and Luke…

Social media platform Reddit is experiencing an outage this afternoon, resulting in thousands of users being unable to access its website and app. Reddit confirmed that it’s currently investigating the issue, according to its status page. We discovered the outage ourselves when attempting to visit the homepage, which displayed a black screen with the message:…

The attorney general for the District of Columbia is suing instant payday loan fintech Earnin for “deceptively marketing and providing illegal high-interest loans,” the AG alleges. Earnin allows its users to get loans against paychecks. It advertises that users can get $150 a day, up to $750 per pay period, with “no interest, credit check…

Startups pursuing fusion power have benefitted from AI’s insatiable thirst for electricity. © 2024 TechCrunch. All rights reserved. For personal use only. ​ Startups pursuing fusion power have benefitted from AI’s insatiable thirst for electricity. © 2024 TechCrunch. All rights reserved. For personal use only.  

Not every former top FTX executive is heading to prison. Gary Wang, former FTX chief technical officer, was spared prison time by U.S. District Judge Lewis Kaplan today. Judge Kaplan praised Wang’s cooperation with federal authorities. Wang testified against former FTX founder and CEO Sam Bankman-Fried at his trial last fall. Wang pleaded guilty to…

Shiva Suri gained a unique perspective into how radiologists work when he quarantined and shared a home office with his mom, a well-regarded radiologist. “I watched her work day in and day out, and she was wasting about seven to eight hours on boring workflow tasks,” Suri said. “Only 5% of her time, she had…

May Mobility is slowly advancing its driverless capabilities. The startup this week launched a small-scale deployment of autonomous shuttles, which will drive themselves along a fixed route without a human safety driver present. May will initially deploy one to two autonomous Toyota Sienna minivans to ferry employees and “invited guests” across a 2-square-mile area of…