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China is reportedly keeping DeepSeek under close watch

2025-03-15 01:06:59

China appears to think homegrown AI startup DeepSeek could become a notable tech success story for the country.  After DeepSeek’s sudden rise to fame in January with the release of its open “reasoning” model, R1, the company is now operating under new, tighter government-influenced restrictions, according to The Information. Some of the company’s employees have […]

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Startups Weekly: Founders may be raising less, but deals haven’t been lacking

2025-03-15 01:05:00

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week showed more optimism among startups than in other corners of the world, with entrepreneurs feeling confident enough to acquire other companies, raise fresh funding, and […]

© 2024 TechCrunch. All rights reserved. For personal use only.

OpenAI and Microsoft’s ‘frenemies relationship,’ and what you missed at SXSW

2025-03-14 23:30:00

This week, OpenAI inked a five-year, $11.9 billion deal with CoreWeave, the GPU-heavy cloud provider, securing its own AI computing pipeline — and a $350 million equity stake in the company. With CoreWeave’s pending IPO and deep ties to Microsoft, OpenAI’s deal marks a significant shift in the AI cloud wars. Today, on TechCrunch’s Equity […]

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Kerry Washington invests in wedding marketplace Cheersy

2025-03-14 20:09:00

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy.  Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of-service wedding coordinators and has raised a total of $550,000 from other investors, including Elizabeth Cutler, co-founder of Soul Cycle, and […]

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Sesame, the startup behind the viral virtual assistant Maya, releases its base AI model

2025-03-14 06:45:29

AI company Sesame has released the base model that powers Maya, the impressively realistic voice assistant. The model, which is 1 billion parameters in size (“parameters” referring to individual components of the model), is under an Apache 2.0 license, meaning it can be used commercially with few restrictions. Called CSM-1B, the model generates “RVQ audio codes” from text […]

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Y Combinator’s police surveillance darling Flock Safety raises $275M at $7.5B valuation

2025-03-14 05:12:42

Flock Safety and one of its long-time VCs, Bedrock Capital, announced Thursday that the startup raised a fresh $275 million at a $7.5 billion valuation. Flock makes computer vision-enabled video surveillance technology used by law enforcement as well as businesses, property management companies, and so on. It’s best known for its automatic license plate recognition […]

© 2024 TechCrunch. All rights reserved. For personal use only.