Category : Techcrunch

Ford to bring Tesla’s charging tech into its future EVs

Ford has reached an agreement with rival Tesla that will give owners of Ford EVs access to more than 12,000 Superchargers across the U.S. and Canada. However, this agreement reaches far beyond providing access to Tesla’s superchargers via an ada...

Applied Intuition to buy autonomous trucking SPAC Embark for $71M

Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a simulation and software provider for autonomous vehicle development. The all-cash transaction has an equity value of...

Following successful mission, Virgin Galactic targeting June for first commercial spaceflight

Following a successful flight to the edge of space on Thursday, space tourism company Virgin Galactic says it is ready to enter commercial service in June. Virgin Galactic’s aircraft, VMS Eve, departed the New Mexico launch site carrying a crew...

Electric truck maker Nikola at risk of being delisted from Nasdaq

Nikola, the beleaguered electric truck developer, is at risk of being delisted from Nasdaq, the company disclosed Thursday in a regulatory filing. Nikola said that on May 24 it received a delisting notice from the public exchange because its sha...

With new grant program, OpenAI aims to crowdsource AI regulation

OpenAI says it’s launching a program to award ten $100,000 grants to fund experiments in setting up a democratic process for deciding what rules AI systems should follow — “within the bounds defined by the law.” The launch of the grant program c...

Sam Altman’s crypto project Worldcoin got more coin in latest $115M raise

Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. Got coin? No? Well, Worldcoin did. Tools for Humanity, the team building Worldcoin, raised $115 million in a Series C round led by Block...

Twitter introduces a new $5,000-per-month API tier

Twitter announced a new API tier today called Twitter API Pro for startups that costs $5,000 per month. The tier gives developers the ability to fetch 1 million tweets per month and post 300,000 tweets per month, and gives them access to the ful...

Motor City mechatronics

A number of native Detroiters have asked me what I think about their city so far. The simple answer is that I don’t feel qualified to offer much insight yet. I’ve been here for roughly three days as I write this, and I haven’t seen all that much...

Profitability over growth: 5 investors explain their mantra for South Korean startups

South Korea’s economic model has for decades leaned on export-led manufacturing operated by family-owned corporate giants. A 2015 report from McKinsey outlined how the country would need small companies to drive an innovative model in preparatio...

ChatGPT’s new app comes out of the gate hot, tops half a million installs in first 6 days

Despite being U.S.- and iOS-only ahead of today’s expansion to 11 more global markets, OpenAI’s ChatGPT app has been off to a stellar start. The app has already surpassed half a million downloads in its first six days since launch, according to...

OpenAI’s ChatGPT app tops 500K downloads in just 6 days

YouTube Stories are shutting down June 26 as company focuses on Shorts

Stories are over — at least on YouTube, that is. The Google-owned video site announced today that YouTube Stories will be shutting down on June 26, 2023, as the company aims to focus on other key areas, like Shorts, Community posts and live vide...

Google starts opening up access to its new generative AI capabilities in Search

Google announced today that it’s starting to open up access to new generative AI capabilities in Search after teasing them at its I/O event two weeks ago. The tech giant is opening up access to Search Labs, a new program that allows people to si...

Vinfast recalls EVs sent to U.S. over a software glitch

Vietnamese automaker VinFast has issued its first recall for some of its 2023 VF8 vehicles over a software glitch that causes the dashboard screen to go blank. The recall was issued after federal regulators warned that drivers were at an increas...

Starling’s results are more proof that high interest rates could be a boon for fintech

Earlier this month, we noticed that several popular American fintech companies were seeing rapid revenue growth thanks to high interest rates. Basically, interest-driven revenue was helping offset declines in consumer trading activity at Coinbas...