Why Apple is taking a small-model approach to generative AI

Among the biggest questions surrounding models like ChatGPT, Gemini and Midjourney since launch is what role (if any) they’ll play in our daily lives. It’s something Apple is striving to answer with its own take on the category, Apple Intelligence, which was officially unveiled this week at WWDC 2024. The company led with flash at […]

Linq raises $6.6M to use AI to make research easier for financial analysts

When generative AI tools started making waves in late 2022 after the launch of ChatGPT, the finance industry was one of the first to recognize these tools’ potential for speeding up the data-gathering and research process. Speed, after all, is vital when you’re advising investors who need to respond quickly to market changes. Now a […]

Biden administration looks to give Rocket Lab $24M to boost space-grade solar cell production

Rocket Lab is poised to snap up around $24 million in federal funding to dramatically boost the production of its compound semiconductors, also known as solar cells, which provide power to satellites and spacecraft.  The funding, which would go to Rocket Lab subsidiary SolAero Technologies, would help increase the company’s compound semiconductor production by 50% […]

Here’s everything Apple announced at the WWDC 2024 keynote, including Apple Intelligence, Siri makeover

It’s WWDC 2024 keynote time! Each year Apple kicks off its Worldwide Developers Conference with a few hours of just straight announcements, like the long-awaited Apple Intelligence and a makeover for smart AI assistant, Siri. We expected much of them to revolve around the company’s artificial intelligence ambitions (and here), and Apple didn’t disappoint. We […]

Spawning wants to build more ethical AI training datasets

Jordan Meyer and Mathew Dryhurst founded Spawning AI to create tools that help artists exert more control over how their works are used online. Their latest project, called Source.Plus, is intended to curate “non-infringing” media for AI model training. The Source.Plus project’s first initiative is a dataset seeded with nearly 40 million public domain images […]

GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston

General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston. GM’s CFO Paul Jacobson announced the capital infusion onstage at Deutsche Bank’s Global Automotive Industry Conference on Tuesday. “This will help bridge Cruise funding until we can […]

At last, Apple’s Messages app will support RCS and scheduling texts

The biggest updates coming to Apple’s iMessage and its Messages app in iOS 18 aren’t its AI emoji, Genmoji, or even the ability to send texts via satellite. It’s the ability to finally, finally schedule messages to send at a later date and time, as well as support for RCS, the next-gen messaging standard and […]

Rippling’s tender offer decision draws mixed — and strong — reactions

Welcome to TechCrunch Fintech! This week, we’re looking at Rippling’s controversial decision to ban some former employees from selling their stock, Carta’s massive valuation drop, a GenZ-focused fintech raise, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 7:00 a.m. PT, subscribe here. […]