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Tech News

  • Posted on June 12, 2024

Foresite Capital raises $900M sixth fund for investing in healthcare and life sciences companies

Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 M&As and 58 FDA-approved drugs under its

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  • Posted on June 12, 2024

Bonus: An extra week to apply to Startup Battlefield 200

A big shoutout to the early-stage founders who missed the application window for the Startup Battlefield 200 (SB 200) at TechCrunch Disrupt. We have exciting news just for you! You procrastinators can thank your

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  • Posted on June 12, 2024

Elon Musk withdraws lawsuit against OpenAI and CEO Sam Altman

Elon Musk has decided to drop his lawsuit against OpenAI and its CEO Sam Altman, which he had initiated after claiming they deviated from their foundational mission of creating artificial intelligence to benefit

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  • Posted on June 12, 2024

VC Sheel Mohnot leads $4.3M seed in automated financial reporting fintech InScope

InScope leverages machine learning and large language models to provide financial reporting and auditing processes for mid-market and enterprises. © 2024 TechCrunch. All rights reserved. For personal use only.

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  • Posted on June 12, 2024

Databricks launches LakeFlow to help its customers build their data pipelines

Since its launch in 2013, Databricks has relied on its ecosystem of partners, such as Fievtran, Rudderstack, and dbt, to provide tools for data preparation and loading. But now, at its annual Data + AI Summit, the

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  • Posted on June 12, 2024

YC grad, RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions

RetailReady targets the $40 billion compliance market to help reduce the number of retail compliance losses that shippers incur annually due to incorrectly shipped packages. © 2024 TechCrunch. All rights reserved.

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  • Posted on June 12, 2024

Databricks expands Mosaic AI to help enterprises build with LLMs

A year ago, Databricks acquired MosaicML for $1.3 billion. Now rebranded as Mosaic AI, the platform has become integral to Databricks’ AI solutions. Today, at the company’s Data + AI Summit, it is launching a number

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  • Posted on June 12, 2024

‘Pink Slime’ Sites Outnumber Daily Newspapers on the Web

Websites posing as local news outlets funded by partisan groups have surged past the number of sites of independent daily newspapers on the internet, according to a new report by a disinformation watchdog. The post

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  • Posted on June 12, 2024

The F1 24 team continues to patch the living daylights out of the game to get it driving as it should

When F1 24 emerged from the pit lane a few weeks ago it’s fair to say it had issues some of which involved minor things such as the car handling being nigh on impossible to control and even some people getting stuck

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  • Posted on June 12, 2024

Restate raises $7M for its lightweight workflows-as-code platform

When one of the co-creators of the popular open-source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of the open source

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