Have you ever puked and had diarrhea at the same time? I have, and when it happened, I was listening to a fan-made audiobook version of Harry Potter and the Methods of Rationality (HPMOR), a fan fiction written by Eliezer Yudkowsky. No, the dual-ended bodily horror was not incited by the fanfic, but the two…
Ford said Tuesday it will downsize its plans to build a factory in Michigan that makes cheaper lithium iron phosphate batteries using tech licensed from China’s CATL. The decision comes two months after Ford paused the factory project, known as the BlueOval Battery Park Michigan in Marshall; it’s also in line with the company’s decision…
India’s Enforcement Directorate, its crime-fighting agency, plans to issue a show-cause notice to Byju’s, alleging that it violated the nation’s foreign exchange rules, a person familiar with the matter told TechCrunch. The allegations, which ED plans to make public as early as Tuesday, will say that the Bengaluru-headquartered startup has violated rules under the Foreign…
Elon Musk’s X, formerly Twitter, has filed a lawsuit alleging defamation by a news organization over claims that major companies had ads appear next to antisemitic content. But the suit appears to confirm the very thing it claims is defamatory. Media Matters last Thursday published an article with screenshots showing ads from IBM, Apple, Oracle…
The knock-on effects could be substantial OpenAI was never quite like other generative AI startups — or other startups period, for that matter. Its governance structure is unique and what ultimately led to the abrupt ousting of CEO Sam Altman on Friday. Even after it transitioned from a nonprofit to a “capped-profit” company in 2019,…
Will this Congress ever pass an omnibus deal? We don’t recommend holding your breath. Instead, consider the uncontentious Black Friday meets Cyber Monday deal we’re offering on passes to TechCrunch Early Stage 2024 — our daylong startup founder conference — on April 25 in Boston, Massachusetts. We’re celebrating the season of sales by rolling Black…
A new startup is targeting the lucrative workplace productivity space with an open source approach to project and knowledge management — and it has received backing from a who’s who of investors from across the technology spectrum. AppFlowy, as the company is called, has raised $6.4 million in funding from a slew of renowned founders…
Kyle Vogt, the serial entrepreneur who co-founded and led Cruise from a startup in a garage through its acquisition and ownership by General Motors, has resigned, according to an email sent to employees Sunday evening that TechCrunch has viewed. In a separate internal email, also viewed by TechCrunch, GM Chair and CEO Mary Barra announced…
On Friday, the board of OpenAI, the AI startup behind ChatGPT and other viral AI-powered hits, did something unexpected but seemingly well within its right: removed the company’s CEO, Sam Altman. But judging by how the situation’s unfolded, it seems that OpenAI’s investors and partners — and many of its employees — were more comfortable…
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! This week, we dig into spend management companies’ AI aspirations, and one U.K. fintech’s recent growth. AI ambitions At one…
