Perplexity AI submits bid to merge with TikTok
With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home.
EV startup Canoo files for bankruptcy and ceases operations
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding
SpaceX catches Starship booster a second time, loses ship to an ‘anomaly’ in space
SpaceX caught the Starship rocket’s Super Heavy booster for a second time, after it launched the upper stage into space on Thursday during a seventh
Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best
Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an
Nvidia backs MetAI, a Taiwanese startup that creates AI-powered digital twins
Nvidia has been doubling down on the opportunity to build robotics and other industrial AI applications, with the launch of its Omniverse platform, and most
Robinhood agrees to pay $45M in SEC settlement
Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall
Watch Duty was downloaded 2 million times during this week’s LA fires
Fire-tracking app Watch Duty has become a crucial source of information for Los Angeles residents threatened by the ongoing wildfires. As TechCrunch’s Maxwell Zeff explained,
Researchers open source Sky-T1, a ‘reasoning’ AI model that can be trained for less than $450
So-called reasoning AI models are becoming easier — and cheaper — to develop. On Friday, NovaSky, a team of researchers based out of UC Berkeley’s
Amazon retires its Astro for Business security robot after only 7 months
Amazon has decided to discontinue its Astro for Business device, a security robot for small—and medium-sized businesses, just seven months after launch. In an email
Yieldstreet says some of its customers were affected by the Evolve Bank data breach
The alternative investment platform Yieldstreet is the latest company to reveal that its customers were affected by the recent data breach at Evolve Bank and