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xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders
<div><p>xAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted source close to the deal. The deal – which would give investors one quarter of the company – is expected to close in the next few weeks unless the terms […]</p>
<p>© 2024 TechCrunch. All rights reserved. For personal use only.</p></div>
AuditBoard upgrades its risk management platform with built-in LLM descriptions
Prior to AuditBoard, many auditors relied on off-the-shelf spreadsheet software which they had to manually adjust to fit their needs.Read More
Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
<div><p>Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s sum-of-the-parts analysis. The investment bank estimates Blinkit’s implied value at 119 Indian rupees per share ($1.43) or about $13 billion, while Zomato’s food […]</p>
<p>© 2024 TechCrunch. All rights reserved. For personal use only.</p></div>
The FTC’s ban on noncompete clauses could be good for startups. But it also might be struck down.
<div><p>The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can’t require employees who aren’t senior executives to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTC’s ruling will impact industries like […]</p>
<p>© 2024 TechCrunch. All rights reserved. For personal use only.</p></div>
Intel reports 9% YoY Q1 growth, driven by computing, AI and edge products
Intel announced its earnings under its new financial structuring model as it seeks to establish itself as a leader in AI hardware.Read More
Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn
<div><p>Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised the same amount in December 2021. That was the peak of the venture boom, and at that time, the firm said it increased its capital pool by […]</p>
<p>© 2024 TechCrunch. All rights reserved. For personal use only.</p></div>
Defense startup True Anomaly lays off around 25%, cancels summer internship
<div><p>Space and defense startup True Anomaly has laid off around 25% of its workforce and cancelled its summer internship program, TechCrunch has learned.</p>
<p>© 2024 TechCrunch. All rights reserved. For personal use only.</p></div>
Boeing’s Starliner set to fly astronauts for the first time on May 6
<div><p>This will mark Starliner’s second flight to the ISS: The first, an uncrewed mission called Orbital Flight Test-2, took place in May 2022.</p>
<p>© 2024 TechCrunch. All rights reserved. For personal use only.</p></div>
Starting or Growing a Business? Here's How to Know When You Should Hire Your First Employee.
<div>When enlisting help, follow these steps to make the best decision for your company.</div>
Your Comprehensive Guide to Becoming an SEO Expert – and Making Money While Doing It
<div>Whether you're looking to earn more money or grow your digital presence, becoming an SEO expert could be a major windfall.</div>
Southwest Airlines CEO Says the Company May Start Assigning Seats
<div>The airline reported its Q1 2024 earnings on Thursday.</div>
Snap says total watch time on its TikTok competitor increased more than 125%
<div><p>As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. Snapchat launched the TikTok-like feed in late 2020 as a way to compete with the rising popularity of TikTok. The company is touting the success of its short-from video feed a […]</p>
<p>© 2024 TechCrunch. All rights reserved. For personal use only.</p></div>
It’s a sunny day for Google Cloud
<div><p>Google Cloud had a blockbuster quarter, driving parent company Alphabet's revenues — and stock price — to impressive highs.</p>
<p>© 2024 TechCrunch. All rights reserved. For personal use only.</p></div>
These 'Expressive Avatar' Deepfakes From a Billion-Dollar AI Startup Look Scary Real — Here's Who's Already Using the Technology
<div>Is that a real person or an AI clone? New technology makes it nearly impossible to tell.</div>
Australia news live: Sussan Ley ‘really disappointed’ with Elon Musk; Albanese joins Katter and Lambie for two-up
Follow the day’s news live ...
Elon Musk Invested $1B Into Mel Gibson and Mark Wahlberg's 'Un-Woke' Production Studio?
Elon Musk has invested $1 billion dollars into actors Mel Gibson and Mark Wahlberg’s "un-woke" production company.
Tesla Stock Has Best Day In 842. Elon Musk Fixed a Big Mistake in a Nick of Time.
Things turned out a little differently, with the results repudiating something else: lousy strategic planning by Tesla and ...
Innocent S Korean woman falls victim to Elon Musk's deep fake video
Elon Musk’s deep fake video has made a South Korean woman fall victim to a scam and made her lose more than $49,000.The woman ...
Elon Musk Launches X TV App
Elon Musk bought X, formerly Twitter, in 2022 and plans to expand the platform’s reach through a new TV app.
Viral Chick-fil-A Employee Quits After Reportedly Being Told to Stop Posting Reviews of the Food and Drinks
<div>Mimi Webb has over 3.8 million likes across her videos.</div>