Intel’s stock crashes, knocking $12B from government’s stake
Intel is being hurt by PC sales as the AI industry gobbles memory and other components causing PC prices to rise.
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Rivian expands joint venture with VW to include AI assistant
Rivian doesn't disclose if the value of its $5.8 billion joint venture will expand as a result.
As AI agents reshape the web, Google opens Gemini and Search to more apps
A new developer platform will let businesses bring their services to Google's AI experiences, potentially changing how consumers discover and use apps.
7 days until TechCrunch Founder Summit: Save up to $100 on your pass before doors open
In just 7 days, TechCrunch Founder Summit takes over Boston’s SoWa Power Station on November 4. Your chance to save up to $100 on tickets is running out, and the opportunity to learn and connect directly with experienced founders, investors, and startup leaders is almost here.
VCs will make billions on Anthropic’s IPO, but Amazon is set to make much (much) more
Massive note conversions reveal the true extent of Amazon's ownership in Anthropic.
Parents sue OpenAI, alleging GPT-4o coached their daughter off seizure medication
A family is suing OpenAI, saying ChatGPT coached their daughter to quietly taper off her seizure medication and keep it from her doctors before she died in February.
The data center boom has an upside: innovation for the US grid
As the AI boom stresses the existing power grid, all sort of new opportunities for grid modernization are also emerging as a result, industry insiders say.
Bank of America kindly asks that you don’t share your banking password with your AI assistant
The banking giant reminds customers that "you're responsible for activity" resulting from your AI agents' access.
Who’s really in charge at Anthropic after the IPO?
Here's a clear explanation of Anthropic's incredibly complex governance structure.
Frontier AI labs say their models refuted the Exponential Time Hypothesis. What does that mean?
TechCrunch spoke to the MIT computer scientist charged with explaining OpenAI's latest mind-bending discovery
Google’s Genie 4 world model adds audio, more realistic worlds, and real-time steering
Google DeepMind released Genie 4, a world model with real-time audio, more realistic simulations, and mid-simulation text prompts, in research preview for trusted testers.
Meta AI director Rohit Patel leaves to take on Microsoft Office and Google Workspace
Rohit Patel is departing Meta after eight years working on AI evaluations and reinforcement learning, TechCrunch has exclusively learned. His startup, Ndoc, aims to take on Microsoft Office Suite.
Japan internet giant GMO says hackers posted stolen customer data
Japan's GMO Internet is verifying alleged customer data posted by suspected hackers following a cloud service breach.
General Compute raises $100 million Series A, countering the neocloud disaster narrative
General Compute is betting on inference chips from outside the Nvidia ecosystem.
Opera introduces a new web standard to let users deploy AI locally in their browser
The new standard, WebAI, is designed to work with a variety of AI models.
Nvidia backs Indian startup helping companies run AI models with fewer GPUs
Simplismart says its annualized revenue run rate has grown 14-fold in six months, with the U.S. accounting for more than half its revenue.
How OpenAI turned its coding tools into dots, an always-on personal assistant
Alexander Embiricos, the OpenAI executive responsible for dots, never wants to have a meeting with someone else's AI agent.
Cohere says Alibaba’s Qwen model tried to send a file to Beijing
An AI model said it wouldn’t use any tools, then tried to send something to a server in Beijing anyway, and while researchers say it’s probably a training quirk and not espionage, the whole thing has people asking how much to trust free Chinese AI.
Anthropic’s IPO filing reveals its strategy for keeping enterprise customers hooked
Anthropic’s S-1 shows more than half of its $100,000-plus customers now use both the Claude Platform and a first-party app, a cross-selling playbook reminiscent of Amazon that’s making enterprise customers stickier.
SpaceX locks in $40B GPU financing deal with Apollo
SpaceX has locked in a binding commitment for roughly $40 billion in financing to pay for AI chips and related data center equipment, the company disclosed in a regulatory filing Monday. In a statement, SpaceX called it the “largest committed GPU financing” ever.