The iPhone maker’s generic AI offering, Apple Intelligence, is coming to China. On Wednesday, Reuters informed China’s regulator, the Cybersecurity Administration of China, has approved Apple’s AI services in the country based on a deal to integrate Alibaba’s Quon AI models into Apple’s operating systems, including iOS, iPadOS, macOS and VisionOS. the deal, which was…
AI training startup Mercor is reportedly in talks to raise a round at a valuation of $20 billion, according to sources tell bloomberg. This will be significantly higher than its last value in October, when it made a rise $350 million Series C at a valuation of $10 billion. The outlet reported that negotiations for…
Crypto VC firm Paradigm has raised $1.2 billion – its third venture fund and fourth overall – with the aim of investing across the “tech frontier,” says the firm’s founder Matt Huang. announced Wednesday. For Paradigm, the technological frontier will extend beyond its cryptocurrency investing roots. The fund is expected to expand its investment focus…
Vermillion Cliffs Ventures announced the closing of a $25 million Fund II on Wednesday. The firm was founded in 2023 by operator-turned-investor Ashley Smith, who runs it as one of the few solo female GPs in venture capital. Speaking to TechCrunch, Smith said the fund will continue the firm’s thesis of supporting tech founders, particularly…
The automation crustacean is crawling on a mobile device near you. By this I mean, OpenClaw – the free, open source AI agent that took over the Internet earlier this year – is finally available as an app on iOS and Android. open paw announced News on Tuesday on X. On both platforms, you can…
Nvidia has dominated the AI chip market for years, but the era of complete dependence may be coming to an end. OpenAI just shared its plan to spice things up Jalapeno, its custom inference chip built with BroadcomGoogle is joining Apple and SpaceX among the growing list of companies looking to move out of single-supplier…
Shares of Cerebras Systems fell nearly 20% on Wednesday even after the company performed better than expected first quarter earnings On Tuesday. That’s because in its first earnings report after going public, the AI chipmaker projected a narrower gross margin in its core business, guiding for a full-year margin of 38% to 41% compared to…
Top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic bloomberg. According to the report, Adler and Pretzel played a key role in the development of Google’s Gemini model. TechCrunch contacted Google for comment. These departures are part of a worrying trend for Google. Last week, famous AI researchers noam shazir announced…
era of tokenmaxing Is over. After AI Industry companies encouraged Earlier this year, and some companies to maximize their AI budget Even created employee leaderboards to encourage internal AI use – Now they are realizing how easy it is to spend huge sums of money on AI and get very little in return. We now…
As last week was coming to an end, the US government Anthropic forced to recall two of its latest modelsFable 5 and Mythos 5, citing national security concerns after Amazon researchers reportedly found a way to bypass Fable 5’s guardrails. Cybersecurity researchers have Since an open letter has been signed Calling the move dangerous, Anthropic…
