Welcome to TechCrunch Fintech! This week, we’re looking at the Evolve Bank hack, three notable acquisitions, Plaid’s enterprise customer growth and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big story On June 26, Evolve Bank & […]
Raising a Series A round in today’s competitive market can be a daunting task. To equip seed-stage founders with the insights and strategies needed for success, TechCrunch Disrupt 2024 will host a crucial session on the Builders Stage titled “What You Need to Raise a Series A Today.” This session will bring together some of […]
Snapchat is introducing new ways for users to personalize their accounts, the company announced on Tuesday. The new updates, which are mostly available for Snapchat+ subscribers, allow users to do things like design a personalized house on Snap Map, share super quick Snaps, and edit their Bitmoji, among other things. At a time when social […]
Meta plans to bring more generative AI tech into games, specifically VR, AR and mixed reality games, as the company looks to reinvigorate its flagging metaverse strategy. According to a job listing, Meta is seeking to research and prototype “new consumer experiences” with new types of gameplay driven by generative AI, like games that “change […]
“Fediverse” is one of those terms that gets thrown around a lot, but what does it actually mean? The word comes from “federation” and “universe” being smooshed together, and it refers to a group of social networks — a federation, if you will — that can communicate with each other. This approach is pretty appealing when […]
In the age of generative AI, when chatbots can provide detailed answers to questions based on content pulled from the internet, the line between fair use and plagiarism, and between routine web scraping and unethical summarization, is a thin one. Perplexity AI is a startup that combines a search engine with a large language model […]
Figma CEO Dylan Field says the company will temporarily disable its “Make Design” AI feature that was said to be ripping off the designs of Apple’s own Weather app. The problem was first spotted by Andy Allen, the founder of NotBoring Software, which makes a suite of apps that includes a popular, skinnable Weather app […]
Sophisticated spacecraft often run on shockingly outdated computing systems: consider that the Perseverance rover runs on a PowerPC 750, the processor famous for running on iMacs in the late 1990s. San Francisco-based Aethero is aiming to bring more powerful computing systems to orbit, and their first payload launches this month on SpaceX’s Transporter-11 rideshare mission. […]
Sophisticated spacecraft often run on shockingly outdated computing systems: consider that the Perseverance rover runs on a PowerPC 750, the processor famous for running on iMacs in the late 1990s. San Francisco-based Aethero is aiming to bring more powerful computing systems to orbit, and their first payload launches this month on SpaceX’s Transporter-11 rideshare mission. […]
Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total power supply by 2030, up from 3% in 2022, as cloud service providers expand to meet the demand for AI infrastructure. Assuming the current trend holds, U.S. utilities will need to […]