techcrunch - Tech News from Simmons Systems (Page 2)

Tech News from Simmons Systems

techcrunch

A collection of 286 posts

enterprise tech

Venture Capitalists Predict AI Finally Reaches Enterprise Budgets in 2025

Twenty venture capitalists share their expectations for enterprise technology in 2025, forecasting a shift from AI experiments to actual large-scale deployments. Investors highlight data quality, code modernization, and new pricing models as key trends to watch.

Elon Musk's xAI Reaches $45 Billion Valuation After $6 Billion Raise

xAI secures $6 billion in a Series C round, doubling its valuation to $45 billion. The massive influx of cash aims to accelerate the development of its Grok AI model and build advanced infrastructure.

Nearly 50 U.S. AI Startups Raise Mega-Rounds Exceeding $100 Million in 2024

Venture capitalists show no signs of AI fatigue as 49 U.S. startups secure funding rounds of $100 million or more this year. These massive deals account for a huge portion of overall venture capital activity.

49 U.S. AI Startups Raise Over $100 Million in 2024

Venture investors pour billions into artificial intelligence this year, with 49 U.S. startups each securing $100 million or more. Massive rounds from companies like xAI and OpenAI highlight an unprecedented funding surge in the sector.

49 U.S. AI Startups Raise $100 Million or More in 2024

Venture investors pour billions into artificial intelligence this year, with 49 U.S. startups securing nine-figure rounds despite growing market fatigue.

Salesforce Doubles Down on AI With 2,000 New Sales Hires

Salesforce plans to hire 2,000 new sales representatives to push its growing lineup of AI products. The hiring surge comes just ahead of the February launch of the company's second-generation AI agent software.

TechCrunch Tracks the Growing Trend of Open Source Companies Going Proprietary

A new timeline details how various software companies have shifted from open source to proprietary or more restrictive licenses over the past decade to protect their commercial interests.

UnitedHealth's Optum Secures Exposed AI Chatbot Handling Claims Procedures

Optum restricts access to an internal AI chatbot after a security researcher discovers it is publicly accessible online. The tool helps employees navigate health insurance claims procedures but does not contain protected patient health information.

GM Abruptly Ends Cruise Robotaxi Program, Absorbs Startup Into Automaker

General Motors shocks Cruise employees by announcing the sudden end of the robotaxi program via a Slack message. The self-driving startup will be absorbed into GM to focus on personal autonomous vehicles instead.

OpenAI Releases Standalone Sora Video Generator With New Editing Features

OpenAI officially launches Sora, its dedicated AI video generation platform, following an early hands-on review by YouTuber Marques Brownlee. The standalone tool allows users to create, remix, and storyboard high-resolution videos directly on Sora.com.

OpenAI Unveils $200 ChatGPT Pro Tier With Advanced Reasoning Models

OpenAI introduces a premium $200-per-month ChatGPT Pro subscription targeting power users with unlimited access to its latest reasoning models. The plan features an enhanced "o1 pro mode" that uses extra computing power to tackle complex math, coding, and visual tasks.

New AI-Powered Death Clock App Predicts User Mortality and Suggests Life-Extending Habits

A new application called Death Clock uses artificial intelligence to estimate a user's exact date of death and provides personalized advice to help them live longer. The tool aims to offer more accurate predictions than traditional life tables by analyzing detailed health and lifestyle data.

GitHub Launches $1.25 Million Fund to Boost Open Source Security

GitHub introduces a $1.25 million open source fund backed by Microsoft, Stripe, and other major tech firms to improve critical software security. The initiative focuses on high-impact projects that lack sufficient maintenance resources.