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Posts Tagged ‘major’

Eigen nabs $37M to help banks and others parse huge documents using natural language and ‘small data’

One of the bigger trends in enterprise software has been the emergence of startups building tools to make the benefits of artificial intelligence technology more accessible to non-tech companies. Today, one that has built a platform to apply power of machine learning and natural language processing to massive documents of unstructured data has closed a ...

Toyota, GM, Nvidia, Bosch and others form new autonomous driving tech consortium

We’re still very much in the collaboration phase of autonomous driving, since it’s looking still quite a ways off from being anything consumers can use on the regular. That means there’s plenty of opportunity for things like the new “Autonomous Vehicle Computing Consortium” (AVCC) announced today to form. This industry group includes Arm, Bosch, Continental, ...

Africa focused Andela cuts 400 staff as it confirms $50M in revenue

Africa focused tech talent accelerator Andela will cut 400 junior engineers across Kenya, Uganda, and Nigeria, CEO Jeremy Johnson told TechCrunch. The layoffs come as the startup released first time income figures indicating it will surpass $50 million in annual revenues for 2019. Yes, the news seems a bit disjointed. Not everything moves in the ...

The risks of amoral A.I.

Kyle Dent Contributor Kyle Dent is a Research Area Manager for PARC, a Xerox Company, focused on the interplay between people and technology. He also leads the ethics review committee at PARC. Artificial intelligence is now being used to make decisions about lives, livelihoods, and interactions in the real world in ways that pose real risks to ...

Week in Review: Regulation boogaloo

Hello, weekenders. This is Week-in-Review, where I give a heavy amount of analysis and/or rambling thoughts on one story while scouring the rest of the hundreds of stories that emerged on TechCrunch this week to surface my favorites for your reading pleasure. Last week, I talked about how services like Instagram had moved beyond letting ...

What politicians are getting wrong about fixing higher education

Darrell Silver Contributor Darrell Silver is the co-founder and CEO of Thinkful. More posts by this contributor An insider’s take on the future of coding bootcamps Students are demanding the facts about coding bootcamps From Capitol Hill to the Democratic Presidential debates, the drumbeat for new approaches to higher education is getting louder. On the ...

New LightSail 2 mission dashboard lets anyone check in on solar sail spacecraft’s progress

The Planetary Society has launched a new mission control dashboard for LightSail 2, a crowdfunded spacecraft currently in orbit that’s going to test the performance of a true solar sail that’s moved only by the force of photons from the sun bouncing off its fabric. The dashboard provides the most up-to-date information available for anyone ...

Fortnite Season 9 adds two locations and wind transport, but is mostly just new virtual items

It’s that time again. Parents across the world are doling out $15 to Epic Games after the developer released Season 9, the latest update for its hit game Fortnite that’s particularly popular among kids and young adults. Fortnite is estimated to have over 250 million players, and it has proven to be a major money-spinner ...

Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup Danke

A Chinese startup that’s taking a dorm-like approach to urban housing just raised $500 million as its valuation jumped over $2 billion. Danke Apartment, whose name means “eggshell” in Chinese, closed the Series C round led by returning investor Tiger Global Management and newcomer Ant Financial, Alibaba’s e-payment and financial affiliate controlled by Jack Ma. ...

Users complain of account hacks, but OkCupid denies a data breach

It’s bad enough that dating sites are a pit of exaggerations and inevitable disappointment, they’re also a hot target for hackers. Dating sites aren’t considered the goldmine of personal information like banks or hospitals, but they’re still an intimate part of millions of people’s lives and have long been in the sights of hackers. If ...