Tag: techcrunch.com

  • India’s first GenAI unicorn shifts to cloud services as AI model ambitions face reality

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2025/02/GettyImages-1244207281.jpg?resize=1200,800″] Krutrim, India’s first GenAI unicorn, is shifting from AI model development to cloud services after months of relative quiet on product updates — a move that reflects the tougher economics of building large-scale AI systems. On Tuesday, Krutrim said it was moving toward cloud services, adding that the shift follows a business…

  • As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2025/04/GettyImages-2205754389.jpg?w=1024″] When it comes to the specter of AI’s labor-displacing potential, Jensen Huang thinks that the American worker has nothing to fear. During a conversation Monday night with MSNBC’s Becky Quick, hosted by the Milken Institute — an economic policy think tank, the jovial Nvidia CEO said that AI was an industrial-scale generator…

  • Geothermal startup Fervo Energy to raise up to $1.3B in IPO

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2025/12/fervo-geothermal-site-at-night.jpg?resize=1200,675″] Geothermal startup Fervo Energy said Monday it hopes to raise up to $1.3 billion in its initial public offering.  The company would be valued at up to $6.5 billion if shares sell at the top of its $21 to $24 price target. That’s more than twice what Fervo had reportedly been seeking…

  • US government warns of severe CopyFail bug affecting major versions of Linux

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/05/lukas-NLSXFjl_nhc-unsplash.jpg?resize=1200,975″] A severe security vulnerability affecting almost every version of the Linux operating system has caught defenders off-guard and scrambling to patch after security researchers publicly released exploit code that allows attackers to take complete control of vulnerable systems. The U.S. government says the bug, dubbed “CopyFail,” is now being exploited in the wild,…

  • OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2025/03/GettyImages-1251294592.jpg?w=1024″] In the long-running saga that is Cerebras Systems’ IPO, the finish line is finally in sight. The AI chipmaker said on Monday that it is preparing to sell 28 million shares at $115 to $125 a share. This would raise $3.5 billion and give it a $26.6 billion market cap at the…

  • Image AI models now drive app growth, beating chatbot upgrades

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/03/ai-apps-GettyImages-2214375253.jpg?resize=1200,800″] Image model releases are driving growth for AI mobile apps, generating 6.5x more downloads than traditional model updates, according to a new report from app intelligence provider Appfigures. This marks a shift from earlier days, when the release of new models powering the conversational experiences drove more demand, alongside the new features…

  • Katie Haun raises $1B for new venture funds

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/05/GettyImages-1694381544.jpg?w=1024″] Former Andreessen Horowitz investor Katie Haun announced on Monday in a press release that her firm has raised $1 billion across new funds to continue its thesis of backing crypto and blockchain. The capital will be spread across startups at early and later stages, Bloomberg reported, and, within the crypto and blockchain space,…

  • Hackers are mass-exploiting the cPanel bug to gain control of thousands of websites

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2022/02/scanning-computer-group.jpg?resize=1200,675″] Nearly a week after the makers of the popular web server management software cPanel and WebHost Manager (WHM) alerted users of a critical flaw in its software, hackers are now mass-compromising thousands of websites that rely on the vulnerable software.  As of Monday, there are more than 550,000 potentially vulnerable servers running…

  • Elon Musk’s only AI expert witness at the OpenAI trial fears an AGI arms race

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/05/stuart-russell-ai-getty.jpg?resize=1200,800″] When do we take AI doomers seriously? That’s a key subtext of Elon Musk’s attempt to shut down OpenAI’s for-profit AI business. His attorneys argue that the organization was set up as a charity focused on AI safety and lost its way in pursuit of lucre. To prove that, they cite old…

  • Sierra raises $950M as the race to own enterprise AI gets serious

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2022/10/AP22166762615783.jpg?resize=1200,800″] Bret Taylor’s AI startup Sierra is raising a $950 million funding round led by Tiger Global and GV, the company announced Monday, pushing its post-money valuation above $15 billion. The raise gives Sierra more than $1 billion to work with — capital the company says it will use to become the “global…