Just last year, Inflection AI was as hot as a startup could be, releasing best-in-class AI models it claimed could outperform technology from OpenAI, Meta, and Google. That’s a stark contrast compared to today, as Inflection’s new CEO tells TechCrunch that his startup is simply no longer trying to compete on that front. Between then […]
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The company chose Chapter 11 in an effort to right its listing finances.
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The FBI raided the home of Polymarket CEO Shayne Coplan on Wednesday morning and seized his electronics, a company spokesperson confirmed to Axios. It’s not clear what the FBI was seeking. In particular, it’s unclear if Polymarket, Coplan, or both are the targets of an investigation. Polymarket, one of the most active prediction betting markets, […]
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Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday, but that did little to assure investors that its rapid growth would continue. On its earnings call, analysts prodded CEO Jensen Huang about how Nvidia would fare if tech companies start using new methods to improve […]
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Karl Iagnemma, an early pioneer in the autonomous vehicle industry who recently stepped down as president and CEO from Hyundai-backed Motional, is back in the AV and robotics game. Vecna Robotics, a Massachusetts-based startup that uses robots to handle materials in warehouses, has hired Iagnemma as CEO. The robotics startup, which has developed autonomous pallet […]
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Meta hired Salesforce’s CEO of AI, Clara Shih, to lead a new organization building AI tools for businesses that use Meta’s apps to reach consumers, according to a LinkedIn post from Shih on Tuesday. Meta confirmed the appointment and the new Business AI group in a statement to TechCrunch. “I’m thrilled to share today that […]
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Bob Wise, the CEO of Heroku, Salesforce’s cloud platform as a service, has left. A Salesforce spokesperson confirmed the news to TechCrunch in a statement via email. “Bob Wise has left Salesforce for his next career move,” the spokesperson said. “We appreciate all that Bob has done for Salesforce and Heroku and we wish him […]
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Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. On Monday, Anthropic CEO Dario Amodei sat in for a five-hour podcast interview with AI influencer Lex Fridman. The two covered a range of topics, from timelines for superintelligence to progress on Anthropic’s next flagship tech. […]
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Steve Altemus is optimistic. And as CEO of Intuitive Machines, which made history with the first ever successful moon landing performed by a private company, he has good reason. But that was just the opening act of his company’s plans to build “a full stack: all the pieces you need to create missions to the […]
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Veteran entrepreneur Rakesh Mathur stepped down as CEO of the college social network Fizz, handing over the reins to 22-year-old founder Teddy Solomon. It’s full circle for Fizz, the anonymous platform that Solomon started with his Stanford classmate Ashton Cofer before they dropped out to work on the app full-time. Mathur has been working with […]
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