Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion, as it pushes to bring more artificial intelligence to the automotive, defense, construction and agriculture sectors. The eye-popping funding round is the latest example of investor fervor for AI. Applied Intuition appears to have nailed…
Perhaps a few years from now, the halls of the Georgia World Congress Center will be peppered with humanoid robots the week of Modex. In 2024, however, Digit stands alone at the supply chain show. It’s a testament to Agility’s healthy head start over competitors like Figure, Tesla, 1X and Apptronik. This time last year…
Reddit’s IPO plans are coming into focus with a new S-1 filing released Monday morning that sets an initial price range for its stock at $31 to $34 per share. If investors agree to pay its high-end range, its valuation should hit around $5.4 billion. At the low end of this range, $31 billion, though…
Telegram founder Pavel Durov said that the company expects to hit profitability next year with eyes on going public in the future. The chat app, which crossed 900 million users, is making “hundreds of millions of dollars” through ads and subscriptions, Durov told the Financial Times in an interview. He mentioned that while global investors…
Founded by former Silicon Valley engineers, UK-based Griffin Bank, an API-driven banking-as-a-service platform just obtained a banking license, roughly one year after starting the application process. This means it has been given the green light from the UK’s financial services regulators, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), to exit ‘mobilization’ and…
To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish several pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more…
To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish several pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more…
To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish several pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more…
TikTok faces an uncertain fate in the U.S. once again. After a surprise flurry of activity in the House this week, TikTok is the target of a new government push to separate the company from its Chinese ownership or force it out of the country. TikTok is based in Los Angeles and Singapore, but is…
TikTok faces an uncertain fate in the U.S. once again. After a surprise flurry of activity in the House this week, TikTok is the target of a new government push to separate the company from its Chinese ownership or force it out of the country. TikTok is based in Los Angeles and Singapore, but is…
