India announces a new $1.15B Fund of Funds for startups with an “expanded scope” compared to previous initiatives, and extends tax benefits for startups — India announced a new $1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms …
In a Reddit AMA, Sam Altman admitted that DeepSeek has lessened OpenAI's lead and said OpenAI has been “on the wrong side of history” concerning open sourcing — To cap off a day of product releases, OpenAI researchers, engineers, and executives, including OpenAI CEO Sam Altman …
A look at the online scam industry in Southeast Asia and how Indians became its targets; 2,358 Indians were rescued from scam compounds between 2022 and 2024 — Essential background on how the online scam industry sprung up and evolved - and how Indians became its targets.
Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans to expand in the US and double its workforce — The company, which saw 500% growth in 2024, plans to expand in the U.S. and double its workforce. — Anchor — Funding — Fintech
A close look at DeepSeek, which is estimated to have access to ~50K Hopper GPUs, a total server capex of ~$1.3B, and a GPU spend of $500M+ over its history — The DeepSeek Narrative Takes the World by Storm — DeepSeek took the world by storm. For the last week, DeepSeek has been the only topic …
Adobe Chief Strategy Officer Scott Belsky leaves the company to join A24 film studio as a partner; he co-founded Behance, which Adobe acquired for $150M in 2012 — Belsky is an entrepreneur, author and creator who in 2006 founded Behance, an online platform that is used by more than 50 million professionals …
How Epic is transforming Fortnite into a content platform, paying $350M to creators in 2024; 36.5% of the total playtime was spent in games made by creators — What are creator made islands competing for players' attention if nothing but decentralized channels in a centralized ecosystem?
STMicro reports Q4 revenue down 22.4% YoY to $3.32B, net income down 68.3% YoY to $341M, and projects Q1 revenue down 27.6% YoY to $2.51B, below $2.72B est. — STMicroelectronics (STMPA.PA), one of Europe's largest chipmakers, said on Thursday it expected sales to fall further in the first quarter of 2025 …
A look at Huawei's HarmonyOS Next, a China-only OS decoupled from Android that is still missing many third-party apps, despite supporting some key ones in China — New HarmonyOS software is of existential importance to China's tech champion. — Huawei Technologies Co.'s ambition …
A look at MrDeepFakes, a site with obscure ownership that hosts non-consensual deepfake porn, has close to 650K members, and gets millions of visits per month — This article is the result of a collaboration with German YouTube channel STRG_F. You can watch their documentary here.
DeepSeek says it used Nvidia H800 chips, available in China until October 2023, to train R1, suggesting future models could be hampered by US export controls — - Nvidia calls R1 an ‘excellent’ advance that meets US limits — Trump says release should be a ‘wake-up call’ for US companies
EU appeals hearing: Google accuses the EC of making “grave errors” in its Android investigation that led to a record €4.3B fine; EU lawyers defended the case — - EU's top court weighs in on bloc's biggest ever antitrust fine — Lower-tier court earlier cut fine down to €4.1 billion
SAP reports Q4 cloud revenue up 27% YoY to €4.71B, above €4.68B est., driven by AI demand, names a suite of new executives, and plans to simplify its strategy — - Cloud revenue grew 27% last quarter from a year earlier — The company named new marketing, technology leadership
How DeepSeek outpaced OpenAI at 3% of the cost: open-source approach, pure reinforcement learning, not supervised fine-tuning, and building on DeepSeek-R1-Zero — DeepSeek R1's Monday release has sent shockwaves through the AI community, disrupting assumptions about what's required to achieve cutting-edge AI performance.
A look at the surveillance tech that could power Trump's immigration crackdown; a review of 15K+ contracts shows ICE and USCIS spent $7.8B on tech since 2020 — Border enforcement agencies have spent billions assembling surveillance tools to track and find people.
Manish Singh / TechCrunch : Ola founder Bhavish Aggarwal invests $230M in his Indian AI startup Krutrim, and plans to raise $1.15B from o...
