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Team-GPT raises $4.5M to offer suite of AI tools to companies | TechCrunch


To stay competitive, some companies are scrambling to adopt AI, but they are sometimes unsure of the best way to integrate it into their business. Iliya Valchanov, co-founder and CEO of Team-GPT, thinks he has an answer to their worries.  In 2023, Valchanov and Ilko Kacharov, Yavor Belakov, Katya Vaptsarova, and Maria Valchanova launched Team-GPT […]

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India's Arzooo, once valued at $310M, sells in distressed deal | TechCrunch


Arzooo, an Indian startup founded by former Flipkart executives that sought to bring “best of e-commerce” to physical stores, has sold its assets in distressed sale to Moksha Group. The deal follows Arzooo engaging with several startups, including Bengaluru-headquartered Udaan, for potential merger opportunities, according to people familiar with the matter. Arzooo had raised approximately […]

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Meta slapped with a €798M fine in Europe over anticompetitive Marketplace practices | TechCrunch


Meta, the parent of Facebook, Instagram, and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this time over abusive practices related to Facebook Marketplace. The European Commission announced that it would fine Meta €797.72 million — nearly $840 million — for breaching EU antitrust rules connected to how it ties its […]

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OpenAI accidentally deleted potential evidence in NY Times copyright lawsuit | TechCrunch


Lawyers for The New York Times and Daily News, which are suing OpenAI for allegedly scraping their works to train its AI models without permission, say OpenAI engineers accidentally deleted data potentially relevant to the case. Earlier this fall, OpenAI agreed to provide two virtual machines so counsel for The Times and Daily News could […]

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Software Development in Sri Lanka

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Nvidia's CEO defends his moat as AI labs change how they improve their AI models | TechCrunch


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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Reddit appears to be back after a 4-hour-long outage | TechCrunch


Social media platform Reddit experienced an outage this afternoon at around 12:20 p.m. PT (or possibly even earlier), resulting in thousands of users being unable to access its website and app. After four hours, it appears to be working again. Reddit confirmed it fixed the issue and is monitoring the results, according to its status […]

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As Bluesky soars, Threads rolls out custom feeds globally | TechCrunch


As X competitor Bluesky takes off, topping 20 million users, Meta’s own Twitter-like app, Instagram Threads, has begun rolling out a new feature called custom feeds to its global audience. Hoping to capitalize on user demand for more personalization, custom feeds are meant to allow Threads users to easily build feeds around specific topics or […]

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This Week in AI: Congressional commission warns of Chinese AGI | TechCrunch


Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. America’s AI war with China is intensifying — or at least, the rhetoric around it is. On Tuesday, a U.S. congressional commission proposed a “Manhattan Project-style” effort to fund the development of AI systems with human-level […]

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Software Development in Sri Lanka

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DuckDuckGo calls for EU to widen its Digital Markets Act probe of Google | TechCrunch


Privacy-focused search engine DuckDuckGo has urged the European Union to widen its Digital Markets Act (DMA) investigation into Google, claiming the search giant is in breach of several areas where the bloc has yet to formally probe the company’s compliance. The EU’s flagship market contestability rulebook has been in force on a handful of tech […]

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Software Development in Sri Lanka

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It's not just you, Reddit is down | TechCrunch


Social media platform Reddit is experiencing an outage this afternoon, resulting in thousands of users being unable to access its website and app. Reddit confirmed that it’s currently investigating the issue, according to its status page. We discovered the outage ourselves when attempting to visit the homepage, which displayed a black screen with the message: […]

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Software Development in Sri Lanka

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