Category: Gaming
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Zap Energy investors in recent $130M round included Soros Fund and Laurene Powell Jobs’ Emerson Collective
The company recently closed a $130 million round, according to an SEC filing, bringing the total to $327 million. © 2024 TechCrunch. All rights reserved. For personal use only. The race for commercial fusion power is heating up. Investors have poured money into fusion startups over the last several years, and one of the…
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Zuckerberg chats with AI clone as human creator looks on in year’s weirdest demo
The demo showcased AI Studio, a platform for designing custom chatbots. © 2024 TechCrunch. All rights reserved. For personal use only. AI has already given us some weird demos. And friends, it’s only going to get weirder from here. As the tech world runs screaming head first into the uncanny valley, lines will blur…
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Sam Altman reportedly poised to get equity in OpenAI for the first time
Following the abrupt departure of OpenAI’s CTO, Mira Murati, CEO Sam Altman is reportedly poised to receive equity in the company for the first time as OpenAI moves away from its longstanding nonprofit structure. Reuters, citing people familiar with the matter, reports that OpenAI plans to restructure into a for-profit benefit corporation — similar to…
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13 companies from YC Demo Day 1 that are worth paying attention to
Unsurprisingly, AI companies dominated the day, with startups looking to apply the technology to problems like estate planning and automating clinical trial data. © 2024 TechCrunch. All rights reserved. For personal use only. Famed Silicon Valley startup accelerator Y Combinator on Wednesday kicked off its two-day “Demo Day” event that showcases what the most…
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Pear wants to empower up-and-coming VCs with its new emerging managers in residence program
When seed-focused Pear VC raised a $432 million fund last year, the firm co-founder Pejman Nozad said that it meant his firm had reached its “own product-market-fit.” That fourth fund was nearly three times larger than its previous $160 million fund. The 11-year-old firm wants to help emerging venture funds follow in Pear’s footsteps. On…
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Dinii, a cloud-based restaurant management platform, raises $45M Series B
Japan has always been a strong market for bringing technology into the experience of consuming food, and now one of the startups leading on this idea is attracting investors from across the ocean. Dinii, which lets diners order food from restaurants and shops through a mobile platform, has raised $48 million (7.46 billion JPY). Bessemer…
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OpenAI’s chief research officer has left following CTO Mira Murati’s exit
OpenAI’s chief research officer, Bob McGrew, and a research VP, Barret Zoph, left the company on Wednesday, hours after OpenAI CTO Mira Murati announced she would be departing. CEO Sam Altman revealed the two latest resignations in a post on X Wednesday evening, along with leadership transition plans. “Mira, Bob, and Barret made these decisions…
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Marvel Fusion lands $70M for laser-powered fusion bet
Marvel Fusion is one of several companies pursuing what’s known as inertial confinement fusion. © 2024 TechCrunch. All rights reserved. For personal use only. When it comes to fusion power, there are two basic approaches: One, create a small star here on Earth that’s held in place by powerful magnetic fields. Two, use intense…
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WordPress.org bans WP Engine, blocks it from accessing its resources
WordPress drama went up another notch today after WordPress.org, the free-open source web content hosting software, banned web hosting provider WP Engine from accessing their resources. In a post on WordPress.org, WordPress co-founder Matt Mullenweg wrote that, pending their legal claims, WP Engine doesn’t have access to the platform’s resources, such as themes and plug-ins.…
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Peak XV has reaped $1.2B in the year since it split from Sequoia
Peak XV Partners, the largest India-focused venture fund, has realized about $1.2 billion in exits since it separated from Sequoia last year. © 2024 TechCrunch. All rights reserved. For personal use only. Peak XV Partners, the largest India-focused venture fund, has realized about $1.2 billion in exits since its separation with Sequoia last year,…