Axion Ray’s AI attempts to detect product flaws to prevent recalls

Recalls are costly for — and damaging to — any company, no matter the size or market. For instance, McKinsey estimates that, for businesses manufacturing medical devices, recalls have been as high as $600 million in recent decades. The reputational impact tends to be lasting; customers aren’t quick to forgive. A Harris Interactive poll found […]

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Pienso builds no-code tools for training AI models

AI might be the “it thing” of the moment. But that doesn’t mean it’s getting easier to deploy. According to 2023 S&P Global survey, about half of companies with at least one AI project in production are still at the pilot or proof-of-concept stages. The reasons for the slow ramp-ups vary, but the commonly cited […]

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Bluesky is funding developer projects to give its Twitter/X alternative a boost

Would-be Twitter/X rival Bluesky is looking to more directly invest in its developer community in order to foster growth. The company last week announced “AT Protocol Grants,” a new program that will dole out small grants to developers building on its new social networking protocol. Initially, Bluesky said it would release $10,000 in grants of […]

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AI2 Incubator scores $200M in compute to feed needy AI startups

AI2 Incubator, spun out of the Allen Institute for AI in 2022, has secured a windfall $200 million in compute that startups going through its program can take advantage of to accelerate early development. “Our community of hundreds of AI practitioners are desperate for compute,” said managing director Jacob Colker. “A lot of these startups […]

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Reach Security taps a company’s existing tools to fight cyber threats

Thanks to an uncertain economy, cybersecurity budgets are in a tight spot. According to a 2023 survey from IANS and recruiting firm Artico Search, more than a third of chief information security officers (CISOs) kept their security spending the same — or slightly reduced — in 2023. A separate report from PwC suggests that one […]

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Apple cancels its car, Google’s AI goes awry and Bumble stumbles

Hello, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter covering noteworthy happenings in the tech industry. This week, investment firm KKR announced that it would acquire VMware’s end-user computing business from Broadcom for $4 billion. As Ron explains, that business included VMware Workspace One and VMware Horizon — two remote desktop apps that had […]

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Rec emerges from stealth to modernize Parks & Rec management and booking

Park and recreation organizations help communities thrive. However, many of them use outdated systems that make program registration stressful for residents, potentially leading to lost revenue for cities. Rec, a new startup aiming to improve the local recreation experience, launched out of stealth today. The platform’s offerings cater to four groups: residents, community organizers, coaches, […]

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How much are Nvidia’s rivals investing in startups? We investigated

Over the past couple of years, Nvidia, by far the largest AI chipmaker, has ramped up its investments in startups that propel it deeper into the AI space. According to S&P Global and Crunchbase, the funding and investment database, Nvidia’s startup investments jumped 280% year-over-year from 2022 to 2023, with the company and its VC […]

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Glean wants to beat ChatGPT at its own game — in the enterprise

GenAI has its issues. But if there’s one thing it excels at, it’s surfacing answers from vast pools of data. Enter Glean, whose software connects to enterprise first- and third-party databases to field plain-English requests (e.g. “How do I invest in our company’s 401k?”) from employees, sort of like a custom ChatGPT. Launched by Arvind […]

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FlowGPT is the wild west of GenAI apps

A few months ago, OpenAI launched the GPT Store, a marketplace where people can create and list AI-powered chatbots customized to perform a number of tasks (e.g. coding, answering trivia questions and so on). The GPT Store is powerful, to be sure. But using it requires using OpenAI’s models and no others, which some chatbot […]

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