Category: Gaming

A Brazilian court’s decision to ban X (formerly Twitter) seems to be benefiting its rivals, especially Bluesky. The microblogging platform announced late Friday that it was seeing “all-time-highs for activity” with 500,000 new users joining in the previous two days. It’s also number one on the free iPhone app chart in Brazil today, ranking just…

In the latest twist in Bolt’s aggressive fundraising efforts, the fintech company’s CEO appears to have made a veiled threat of legal action against Silverbear Capital, the investment bank whose involvement in the deal remains in some dispute. “We believe there was some internal miscommunication at Silverbear Capital, one of our lead investors, which has…

Most of the biggest South Korean tech startups intend to pursue public offerings in either South Korea or the United States as part of their exit strategy. © 2024 TechCrunch. All rights reserved. For personal use only. ​ The South Korean startup ecosystem has grown over the last decade as major tech firms and venture…

Organizations are people and people are messy, and you have to look beyond the tech to the end goal: implementing new software that could transform the business. © 2024 TechCrunch. All rights reserved. For personal use only. ​ Let’s start with the premise that change is hard for everyone. It’s even harder at scale for…

Learn about NightCafe’s origins, some of the challenges the platform faces, and where NighCafe will evolve from here. © 2024 TechCrunch. All rights reserved. For personal use only. ​ Elle Russell, co-founder of Cairns, Australia-based NightCafe, which offers a suite of AI-powered art-creating tools, prefers to avoid the spotlight. “I like to remain hidden behind…

The rise of AI has consumed the arts, just as it has Silicon Valley. Everyone is pondering: Will AI replace me? © 2024 TechCrunch. All rights reserved. For personal use only. ​ Harvey Mason Jr., CEO of the Recording Academy, caused a stir a few months ago.  He announced that the organization’s prestigious Grammy Awards…

Amazon announced Friday evening that it has hired Covariant’s founders — Pieter Abbeel, Peter Chen, and Rocky Duan — along with “about a quarter” of the startup’s employees. It’s also signed a non-exclusive license to use Covariant’s robotic foundation models. Earlier this year, Chen told TechCrunch that Covariant is building “a large language model, but…

OpenAI could reportedly increase its valuation to $100 billion. Nvidia and Apple are apparently in talks to contribute to the company’s next fundraising round, and Thrive Capital would lead the deal should it happen, according to The New York Times. OpenAI’s annualized revenue reportedly eclipsed $3.4 billion early this year, but it’s said to be…

SB 1047 has drawn the ire of Silicon Valley players large and small, including venture capitalists, big tech trade groups, researchers and startup founders. © 2024 TechCrunch. All rights reserved. For personal use only. ​ Update: California’s Appropriations Committee passed SB 1047 with significant amendments that change the bill on Thursday, August 15. You can…

OpenAI is in talks to raise a new round of funding at an eye-popping $100 billion-plus valuation, sources told The Wall Street Journal this week. It turns out investors have already proven they are willing to value the company that high to get on OpenAI’s coveted cap table. Multiple companies that track or facilitate secondaries…