Work-Bench, whose portfolio includes unicorns Spring Health and Socure, just raised a $160 million Fund IV to quadruple down on backing companies in New York City. The firm announced the raise in a blog post on Monday, saying the latest fund will support seed-stage founders building enterprise software. Checks will range from $2 million to...
Author: WpAdminXfinity
xAI’s promised safety report is MIA
Elon Musk’s AI company, xAI, has missed a self-imposed deadline to publish a finalized AI safety framework, as noted by watchdog group The Midas Project. xAI isn’t exactly known for its strong commitments to AI safety as it’s commonly understood. A recent report found that the company’s AI chatbot, Grok, would undress photos of women when...
Attend TechCrunch Sessions: AI with this new, limited-time discount
We’re excited to announce a big surprise for the AI community — TechCrunch Sessions: AI is getting a limited-time discount to broaden the number of people who can attend and learn from some of the brightest minds in the industry. For just $292, you can get a general admission ticket — plus a 50% discount...
$25B-valued Chime files for an IPO, reveals $33M deal with Dallas Mavericks
At long last, digital consumer bank Chime has moved forward with its IPO by filing its S-1 paperwork Tuesday. Chime had reportedly filed confidential S-1 paperwork back in December. S-1 filings typically reveal all kinds of information, covering financial, legal, and other risk factors. But Chime’s S-1 documents still have a lot of blank spaces....
Google tests replacing ‘I’m Feeling Lucky’ with ‘AI Mode’
Google is testing a redesign of its Search homepage in which “AI Mode,” the experimental AI-powered search feature the company rolled out earlier in May, replaces its longstanding “I’m Feeling Lucky” button under the Search bar. A company spokesperson confirmed to The Verge, which was the first to report the change, that the feature began...
Improvements in ‘reasoning’ AI models may slow down soon, analysis finds
An analysis by Epoch AI, a nonprofit AI research institute, suggests the AI industry may not be able to eke massive performance gains out of reasoning AI models for much longer. As soon as within a year, progress from reasoning models could slow down, according to the report’s findings. Reasoning models such as OpenAI’s o3...
Meta to start selling its Ray-Ban smart glasses in India from May 19
The smart glasses are available for pre-order on Ray-Ban’s site, and will retail for ₹29,990 at Ray-Ban stores at launch.
Anthropic co-founder Jared Kaplan is coming to TechCrunch Sessions: AI
Hungry to learn more about Anthropic, directly from Anthropic? You aren’t alone if so, which is why we’re so delighted to announce that Anthropic co-founder and Chief Science Officer Jared Kaplan is joining the main stage at TechCrunch Sessions: AI on June 5 at UC Berkeley’s Zellerbach Hall. And TechCrunch Sessions: AI is right around...
AllTrails debuts $80/year membership that includes AI-powered smart routes
AllTrails, the hiking and biking companion that was named 2023’s iPhone App of the Year, is launching a new premium membership called “Peak” that includes an upgraded feature set. This $80-per-year subscription will introduce AI tools to build custom routes and provide real-time trail condition forecasts, trail traffic heatmaps, and a feature that lets you...
Microsoft Build 2025: What to expect, from Azure to Copilot upgrades
Microsoft is hosting its annual Build developer conference next week from May 19 to 22. The event is guaranteed to include announcements regarding new AI integrations, services, and apps, including for Windows. At last year’s Build, Microsoft announced an integration of Copilot into Microsoft Teams, Copilot+ AI-powered PCs, Windows Volumetric Apps for Meta Quest headsets,...