Michael Seibel is leaving Y Combinator
Michael Seibel announced late Wednesday on X that after more than 12 years at the famed accelerator Y Combinator, he is transitioning to a “partner emeritus” role. Y Combinator CEO Garry Tan shared the news
ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA
Debt collection in emerging markets often feels outdated, and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are struggling to
SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal
SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its
How a $6M bet on Wiz turned into a massive 200x return for one early backer
Wiz’s $32 billion all-cash acquisition by Google parent Alphabet promises a colossal payday for the cybersecurity startup’s early-stage investors. The deal is a big win for Sequoia, one of the best-known VC firms,
OpenAI’s o1-pro is the company’s most expensive AI model yet
OpenAI has launched a more powerful version of its o1 “reasoning” AI model, o1-pro, in its developer API. According to OpenAI, o1-pro uses more computing than o1 to provide “consistently better responses.”
Data breach at stalkerware SpyX affects close to 2 million, including thousands of Apple users
Another consumer-grade spyware operation was hacked in June 2024, which exposed thousands of Apple Account credentials. © 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI research lead Noam Brown thinks AI ‘reasoning’ models could’ve arrived decades ago
Noam Brown, who leads AI reasoning research at OpenAI, says “reasoning” AI models like OpenAI’s o1 could’ve arrived 20 years earlier had researchers “known [the right] approach” and algorithms. “There were various
X users treating Grok like a fact-checker spark concerns over misinformation
Some users on X are turning to Grok for fact-checking, raising concerns among fact-checkers. © 2024 TechCrunch. All rights reserved. For personal use only.
Sequoia shutters D.C. office, lets go of policy team
Sequoia will shutter its D.C. office as well as part ways with the policy team there at the end of March, TechCrunch has confirmed. The news comes — and is somewhat in contrast — with the other prominent VC firms in
Low Earth Orbit Networks Pushing Geostationary Giants To Innovate
LEO networks like Starlink are challenging GEO operators, driving innovation as competition, cost pressures, and new satellite tech reshape the industry. The post Low Earth Orbit Networks Pushing Geostationary