Author: WpAdminXfinity

On February 18, 2024, Ian Laffey posted on X that he and two others he’d just met built a cheap drone at a hackathon that calculated its coordinates simply by using its camera and Google Maps. He and his colleagues, Sacha Lévy and Carl Schoeller, were all engineers under the age of 25. The tech...

Expense management startup Ramp is being considered for a charge card pilot program by the U.S. government’s General Services Administration, the company confirmed to TechCrunch on Thursday. The government’s internal expense card program, dubbed SmartPay, is a $700 billion program. It is estimated that the charge card pilot program contract for which Ramp is being...

In a bid to more aggressively compete with rival AI companies like Google, OpenAI is launching Flex processing, an API option that provides lower AI model usage prices in exchange for slower response times and “occasional resource unavailability.” Flex processing, available in beta for OpenAI’s recently released o3 and o4-mini reasoning models, is aimed at...

The deal was executed through Oxy Low Carbon Ventures for an undisclosed amount.

Zoom says its platform is back online after suffering an outage for much of Wednesday afternoon. “Service has now been restored after the earlier outage, and we sincerely appreciate your patience and understanding,” Zoom said in a post on X at around 2 p.m. Pacific. The trouble began around 11:40 a.m., according to The Verge,...

Elon Musk’s AI company, xAI, is slowly bringing its Grok chatbot to parity with top rivals like ChatGPT and Google’s Gemini. On Wednesday night, xAI announced a “memory” feature for Grok that enables the bot to remember details from past conversations with a user. Now, if you ask Grok for recommendations, it’ll give more personalized...

Chapter, a Medicare advisory startup co-founded by former Republican presidential hopeful Vivek Ramaswamy, has closed a $75 million funding round at a valuation of $1.5 billion led by private equity and venture firm Stripes. The startup helps seniors choose Medicare health plans analyzing doctors, hospitals, and prescription drug coverage. Unlike many other Medicare insurance brokers,...

The Trump administration is considering new restrictions on the Chinese AI lab DeepSeek that would limit it from buying Nvidia’s AI chips and potentially bar Americans from accessing its AI services, The New York Times reported on Wednesday. The restrictions are part of the Trump administration’s effort to compete with China on AI. Months after...

Smashing, an AI-powered app that lets users build a curated list of news and posts, is shutting down, because of its inability to scale rapidly enough.

StrictlyVC, the boutique brand powered by TechCrunch and known for evening events that invite headliners into smaller rooms to connect with live audiences, is headed back to London on May 13 — and its latest speaker lineup is one of its strongest yet. Joining the stage is TS Anil, CEO of Monzo Bank, the digital...