Snap spins off AI video team into new company, Dotmo, due to costs | TechCrunch
… Snap cited the high costs of conducting such work internally as one of the reasons for the spinoff. …
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After unveiling ridiculously expensive AR glasses, Snap's stock takes a dive | TechCrunch
… Snap’s CEO, Evan Spiegel, did an interview with CNBC on Tuesday during which he sported the new glasses and, when questioned about the hefty price, responded: “The most important way to think of Specs is as a computer, and so they’re comparably priced to other high-end computers or high-end laptops… …
The Indian government got cold feet on Starlink just before SpaceX's IPO | TechCrunch
… The value of SpaceX’s Starlink network depends on the number of countries where it can offer service; there’s a set cost for building out the global infrastructure, and returns depend on how many subscribers take up the service. …
As Anthropic suspends access to new models, India debates its AI future | TechCrunch
… While the broader implications remain unclear, some reports said the initial security concerns were first reported to the government by Amazon CEO Andy Jassy . …
'Queer Eye' life coach Karamo Brown launches Kē, a wellness app featuring his AI digital clone | TechCrunch
… The subscription costs $14.99/month after the three-day free trial. …
Indian Uber rival Rapido raises $240M at $3B valuation | TechCrunch
… India is currently one of the world’s most challenging ride-hailing markets because of intense price competition, supply issues, high driver incentive costs, and evolving local regulations. …
AI is hurting Apple in more ways than one: it may force iPhone price increases | TechCrunch
… In April, after delivering record quarterly sales, he said that these higher costs could impact Apple’s next business results. …
Pramaana Labs raises $27M seed round from Khosla Ventures to bring formal verification to AI | TechCrunch
… Pramaana will focus on highly sensitive verticals like law, drug discovery, and tax preparation — where errors can be costly and reliability is at a premium. …
Pentagon releases UFO files on new website | TechCrunch
… Since then, interest in UAPs, now the modern term for UFOs, has grown among the public, fueling increased concerns about what’s in our skies, as was the case with the 2024 U.S. drone sightings . …
Probably raises $9M to build a more reliable kind of AI | TechCrunch
… It’s a welcome idea at a time when token costs are rising and many customers are reassessing their AI budgets . …