Intel and others commit to building open generative AI tools for the enterprise

Can generative AI designed for the enterprise (e.g. AI that autocompletes reports, spreadsheet formulas and so on) ever be interoperable? Along with a coterie of organizations including Cloudera and Intel, the Linux Foundation — the nonprofit organization that supports and maintains a growing number of open source efforts — aim to find out. The Linux […]

A crypto wallet maker’s warning about an iMessage bug sounds like a false alarm

A crypto wallet maker claimed this week that hackers may be targeting people with an iMessage “zero-day” exploit — but all signs point to an exaggerated threat, if not a downright scam. Trust Wallet’s official X (previously Twitter) account wrote that “we have credible intel regarding a high-risk zero-day exploit targeting iMessage on the Dark […]

Trump’s Truth Social plans to launch a live TV streaming platform

Truth Social, the social media platform owned by Donald Trump’s media company, has announced plans to launch a live TV streaming platform. The platform will focus on “news networks” and “religious channels,” along with “other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services,” according […]

Betaworks bets on AI agents in latest ‘Camp’ cohort

Betaworks is embracing the AI trend not with yet another LLM, but instead a clutch of agent-type models automating everyday tasks that nevertheless aren’t so simple to define. The investor’s latest “Camp” incubator trained up and funded 9 AI agent startups they hope will take on today’s more tedious tasks. The use cases for many […]

Bay Bridge Ventures is raising $200M for a new climate fund, filings show

Climate investor Bay Bridge Ventures is raising a new $200 million fund, TechCrunch has exclusively learned. Bay Bridge filed paperwork Monday for the new climate fund with the U.S. Securities and Exchange Commission. The raise comes at a time when venture investors are increasingly bullish on climate tech. Though the last few years have been […]

Evolution Equity Partners raises $1.1B for new cybersecurity and AI fund

Cybersecurity has had a rough go of it lately, with investment in the sector dropping a precipitous 40% compared to the year prior. But there are promising early, even preliminary, signs of a recovery. The vast majority of chief information security officers reported higher budgets for 2024, according to the cybersecurity-focused VC firm NightDragon. And, […]

Consumer tech investing is still hot for Maven Ventures, securing $60M for Fund IV

When prolific venture capital firms Andreessen Horowitz and Lerer Hippeau announced in early 2024 they were pivoting away from consumer tech, it sparked a social media debate about whether there are still opportunities. Maven Ventures’ Jim Scheinman and Sara Deshpande say “yes.” And to prove it, they raised $60 million in capital commitments for a […]

Watch: Why Tesla’s big layoffs happened, and what comes next

Tesla’s layoffs and executive departures took a bite out of its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 people or more. Two well-known executives also decided it was time to move on. In response to the news, shares of Tesla lost ground. The […]