Technology

Tesla has obtained a ride-hailing permit in Arizona in the final step required to launch its robotaxi service

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🚀 Explore this insightful post from TechCrunch 📖 📂 Category: Transportation,EVs,Exclusive,robotaxis,Tesla 💡 Key idea: Tesla received a passenger-carrying permit this week from Arizona regulators, opening the door for the automaker to start operating a robotaxi service in the state. An Arizona Department of Transportation (ADOT) spokesperson told TechCrunch that the automaker applied for a permit from the Transportation Network Corporation (TNC) on November 13. Tesla has met the requirements to operate as a TNC and has been permitted as of November 17, according to ADOT. This permit is the final regulatory step to launch a robotaxi service in Arizona, a…

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Hugging Face CEO says we’re in the ‘LLM bubble’, not the AI ​​bubble

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🔥 Explore this must-read post from TechCrunch 📖 📂 Category: AI,AI bubble,Bubble,Hugging Face 💡 Here’s what you’ll learn: We're not in an AI bubble, but rather an “LLM bubble” — and it may be about to burst, says Clem DeLange, co-founder and CEO of Hugging Face. At an Axios event on Tuesday, the entrepreneur behind the popular AI platform and community site agreed that bubble talk is today's "trillion-dollar question," but said he doesn't believe the future of AI is at risk if the bubble bursts. Instead, as Delangue sees it, it's large language models (LLMs) — like the ones…

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Monarch Tractor Company sued over tractors that were unable to operate independently

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✨ Read this trending post from TechCrunch 📖 📂 Category: Transportation,AgTech,autonomous vehicles,Exclusive,monarch tractor ✅ Main takeaway: Monarch Tractor has been accused of overpromising the autonomous capabilities of its tractors, according to a new lawsuit. Burks Tractor, an Idaho-based dealership, sued Monarch for breach of contract and breach of its warranty because the California-based startup's tractors were "incapable of operating independently." The agency also says the 10 tractors it purchased "continue to have significant problems," describing them as "defective." Monarch Tractor CEO Praveen Penmetsa and a lawyer for the company did not respond to a request for comment. Monarch has denied…

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Lambda, the AI ​​data center provider, raises a whopping $1.5 billion following a multi-billion dollar Microsoft deal.

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✨ Check out this trending post from TechCrunch 📖 📂 Category: TC,Venture 💡 Main takeaway: Lambda, the AI ​​data center provider, announced Tuesday that it has raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm created by billionaires Thomas Tull, the former owner of Legendary Entertainment, and Guggenheim Partners founder and CEO Mark Walter. TWG owns a variety of billionaire assets, including Walter's stakes in the Los Angeles Lakers and the new Cadillac F1 racing team. The company also has a $15 billion fund to invest in artificial intelligence, which is anchored…

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Meta wins antitrust trial as judge denies it is a monopoly

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🔥 Explore this insightful post from TechCrunch 📖 📂 Category: Government & Policy,Social,TC,Instagram,Meta,WhatsApp ✅ Main takeaway: Five years later, Meta emerged victorious from a lawsuit brought by the US Federal Trade Commission (FTC) over its acquisitions of Instagram and WhatsApp. In an opinion issued Tuesday, U.S. District Judge James Bosberg wrote that the FTC had not proven that Meta was violating antitrust law when it bought Instagram for $1 billion in 2012 and WhatsApp for $19 billion in 2014. The FTC was able to turn up evidence showing that Meta — then called Facebook — was concerned about Instagram's rapid…

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a16z leads a $21M Series A into native AI-driven tax compliance software Sphere

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🚀 Discover this insightful post from TechCrunch 📖 📂 Category: Startups,Venture,a16z,VC 💡 Key idea: When Nicholas Ruder created his latest startup, an educational marketplace called ScholarSite, he kept facing the same problem: taxes. “Markets are responsible for taxes on gross merchandise value (GMV) and not just the purchase rate, so each new country means a maze of registrations, filings, deadlines and risks,” Rudder told TechCrunch. “It became a constant distraction. Instead of building the business, I was spending time deciphering international compliance rules that I never wanted to become an expert on.” While he and co-founder Adrian Sarstedt looked to…

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Poe’s AI app now supports group chats via AI models

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🔥 Read this insightful post from TechCrunch 📖 📂 Category: AI,Apps,TC,chatbot,quora 💡 Here’s what you’ll learn: Poe, the Quora app that brings together different AI models into one platform, is launching a group chat function. The company announced Monday that users around the world will be able to start group conversations with up to 200 other people, then collaborate across more than 200 AI models — including text, image, video and audio generators — in a single conversation. The launch comes just days after OpenAI's ChatGPT began trialling group chats in markets such as Japan, New Zealand, South Korea and…

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Hank Green’s Focus Friend is Google Play’s App of the Year

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✨ Read this trending post from TechCrunch 📖 📂 Category: Apps,android apps,focus friend,Google,Google Play Store,hank green 📌 Here’s what you’ll learn: Focus Friend, the screen time assistant from YouTuber and entrepreneur Hank Green, is Google Play's app of the year. The productivity tool, which launched in August, lets you block yourself from distracting phone apps while encouraging you with the help of a virtual friend — a little cartoon bean who loves to knit socks and scarves, which can later be replaced with decor for the little bean's room. The premise behind the app is that users might be encouraged…

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Zap Energy is turning up the pressure in its latest fusion device

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💥 Check out this must-read post from TechCrunch 📖 📂 Category: Climate 📌 Here’s what you’ll learn: Zap Energy unveiled its latest fusion device Tuesday at a research meeting in Long Beach, Calif., the latest in a series of devices the company has built in its quest to bring fusion energy to market. The startup is competing with several other startups that are all trying to build fusion power plants capable of delivering electricity to the grid in the early 2030s. Zap's Fuze-3 device fires pulses of plasma at the company's headquarters near Seattle, and the results of those experiments…

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Creator Tayla Cannon receives $1.1 million investment from Slow Ventures’ Creator Fund to build PT software

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💥 Read this insightful post from TechCrunch 📖 📂 Category: Startups,Venture,VC,slow ventures,content creators 📌 Here’s what you’ll learn: In 2023, Tayla Cannon moves from Australia to the United States for a job in a city she has never seen before. “No family, no friends, just a fresh start,” she told TechCrunch. Suffering from chronic back pain, she began working in physical therapy, believing she could help make a difference in the lives of others. However, the traditional physical therapy model never ignited a spark within her. She moved on to interventional cardiology but became more disillusionedThe physical rehabilitation model is…

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