Industry News

Powerful New Chatbot Mysteriously Returns in the Middle of the Night

An advanced AI model with unknown origins is back online, as online communities are once again picking apart a…

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Microsoft Has a New Offline AI Service Designed for U.S. Spies

American intelligence agencies will use an AI system from Microsoft that's isolated from the internet to process…

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TechCrunch Minute: Newchip, Techstars and what happens when startup accelerators fail

Building a startup is hard. Building a company that helps startups is similarly difficult. That’s the takeaway from TechCrunch reporting on Techstars and Newchip. In the case of Newchip, the accelerator appeared to promise a bit more than it could deliver. Mix in a culture that appeared to be turbulent at best, and you have […]

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Dorsey leaves Bluesky, tech giants do more with less, and the next IPO

News that Jack Dorsey is out at Bluesky caused a stir this weekend. After all, Dorsey is a former Twitter co-founder and CEO, so his investment of time into the rival social network carried weight. The decentralized social networking service said that it is looking for a new board member. But while we had to […]

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Bitcoin Ordinals Size Record Broken Again—How Much Bigger Can They Get?

Bitcoin Ordinals and Runes platform OrdinalsBot has created the largest Ordinals inscription to date, weighing in at a hefty 3.969 megabytes. Inscription number 70,614,708, the OrdinalsBot team announced Friday, contains a copy of “A Declaration of Independence in Cyberspace” by Logos Network. OrdinalsBot co-founder Brian Laughlan told Decrypt that the size of the inscription had less to do with the length of the document, and more to do with publishing the document as an image that would be lar...

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Human composting and timber marketplaces: Talking “industrial” VC with investor Dayna Grayson

While the venture world is abuzz over generative AI, Dayna Grayson, a longtime venture capitalist who five years ago co-founded her own firm, Construct Capital, has been focused on comparatively boring software that can transform industrial sectors. Her mission doesn’t exclude AI, but it also doesn’t depend on it. Construct recently led a seed-stage round, […]

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Deal Dive: Amae Health is building an in-person approach to mental healthcare in an increasingly digital space

While many recent mental health-focused startups are digital first, Amae Health focuses on the importance of in-person care.

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Moonbirds Copyright Controversy Exposes Flaws in Crypto's IP Obsession

It’s not much of a secret: When NFTs broke out as a coherent asset class in 2021, their value proposition was, chiefly, rampant speculation. Since then, NFT projects have spent untold millions attempting to pivot their brands towards more serious-sounding, sustainable futures; most opted to go all-in on the ephemeral, provocative concept of intellectual property, or IP.  It has never been resolved, however, what exactly IP means in such a context, nor to what extent NFT projects can bestow IP ri...

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ICONIQ Growth raises $5.75B seventh flagship fund

ICONIQ Growth has raised $5.21 billion across two funds associated with the seventh growth fund family, according to SEC filings. However, the firm’s actual fundraise was $5.75 billion, according to a source familiar with the firm.  The late-stage investment unit is a part of ICONIQ Capital, which launched in 2011 as a private office managing […]

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A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […]

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