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Hello, crunchers! We are very excited Matt‘s TechCrunch Live, Kambli talks about how the company turned a profit after failing to raise a Series A. Mark your calendars for February 1st! – Christine And came
TechCrunch’s Top 3
- And we’re back!That’s what Microsoft is saying after some of its services like Outlook, Xbox Live and Teams went down in “changes to Microsoft’s wide area network.” Ivan Reports.
- What you write is what you see.: We’ve been hearing a lot about text-to-image lately, and today is no different. Remember back in October when Shutterstock and OpenAI teamed up to add some artificial intelligence to the Shutterstock library? Well, today the stock photo giant is showing us the fruits of that labor with an AI toolkit that generates images based on text prompts. Ingrid It has more.
- plug in: BMW i Ventures will invest $13 million in a Bulgaria-based electric vehicle charging management platform, which will receive the renewed payment from the new investments. Mike Reports. As he noted, you may recall that he was an early investor in the companies ChargePoint and ChargeMaster that left BMW.
Startups and VCs
Injective, a layer-1 blockchain focused on building financial applications, has launched a $150 million funding ecosystem initiative, said Eric Chen, CEO and founder of the platform. Jacqueline In her post, Injective announced a $150M ecosystem fund to accelerate the adoption of interoperable infrastructure and DeFi.
One of the most fascinating aspects of construction robotics is the breadth of tasks that can be automated. Brian He wrote. Because the three big D’s are automation – dull, dirty and (often) dangerous, he believes the entire category is a prime target for robotics startups. So it makes sense that Built would acquire built-in robotics company Roy.
Interesting things. There are five more:
When it comes to large language models, should you build or buy?
Image Credits: Jenny Detrick (Opens in a new window) / Getty Images
Americans will spend nearly $20 billion on pizza delivery by 2021. Many people may bake at home, but speed and convenience are powerful motivators at dinnertime.
The same goes for machine learning algorithms: Should companies opt for open-source models, license or customize large language models without modification, and pay very high usage fees?
“While construction looks very attractive in the long term, it requires leadership with a strong appetite for risk in the long term,” writes ML Engineer Tanmay Chopra.
Three more from the TC+ team:
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Big Tech Inc.
Frederick Google took a look at what it’s doing at this year’s Flutter Forward event, revealing that the open source framework has gained some new graphics capabilities and is starting its first efforts to compile Flutter into WebAssembly and working on some RISC-V support. He writes, “Of course, all these capabilities are still sitting behind canary branches and test flags, but they show where Google will take this project in the coming months.
Now here are five more for you:
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