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Tech News

  • Posted on March 18, 2024

Fisker pauses production with just $121 million in the bank

EV startup Fisker is pausing production of its electric Ocean SUV for six weeks as it scrambles for a cash infusion. The company said in a Monday morning regulatory filing that it had just $121 million in cash and

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  • Posted on March 18, 2024

What is DarwinAI, Apple’s newly acquired start-up?

Apple quietly acquired Canadian artificial intelligence startup DarwinAI earlier this year, adding dozens of the company’s staffers to its AI division. Bloomberg News reported the under-the-radar purchase on

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  • Posted on March 18, 2024

Sony to ‘halt PSVR2 production due to surplus of stock’

Sony Group Corporation has allegedly put a stop to production of its PSVR2 headset, due to a backlog of unsold units. The news came from an article by Bloomberg journalist Takashi Mochizuki who claims that sales of

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  • Posted on March 18, 2024

Elon Musk’s xAI open-sources base model of Grok

xAI has confirmed the open release of its Grok artificial intelligence (AI) model, detailing the weights and architecture of the system.  Elon Musk’s company detailed the Grok-1 version as a “314 billion parameter

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  • Posted on March 18, 2024

Quilt is building AI assistants for solutions teams

The job of so-called “solutions professionals” — people like sales engineers, solutions architects and consultants — revolves around pitching complex enterprise tech to potential customers. It’s important work. But

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  • Posted on March 18, 2024

Tech giant Fujitsu says it was hacked, warns of data breach

Multinational technology giant Fujitsu confirmed a cyberattack in a statement Friday, and warned that hackers may have stolen personal data and customer information. “We confirmed the presence of malware on multiple

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  • Posted on March 18, 2024

Might Nvidia Be the First Company With an AI CEO?

Nvidia CEO Jensen Huang has a son, Spencer, who works at the company. But his true heir is AI, suggesting it could be either his or Spencer’s successor. Let’s talk about that. The post Might Nvidia Be the First

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  • Posted on March 18, 2024

Want to see an NHS doctor? Prepare to cough up your data first.

To get a doctor’s appointment in the U.K. these days, you have to entrust more of your data to private companies — and there’s not a great deal you can do about it. In part due to growing pressure from the

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  • Posted on March 18, 2024

Rebecca Whiting will break down SAFEs, notes, and series seed financing at TechCrunch Early Stage 2024

Raising capital sounds simple: You hand over shares, investors hand over cash, and everyone then gets back to work. The reality is a little bit more complicated. If you are selling equity, are you doing so in a

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  • Posted on March 18, 2024

Nigerian fintech Zone raises $8.5M seed to scale its decentralized payment infrastructure

African financial institutions typically scale their solutions using a mix of local and foreign tech. Appzone is one of the standout local fintech software providers for banks and fintechs, providing better pricing

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