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Tech Startup Raises $24 Million to Replace Hollywood With AI Slop

In case you haven't noticed, generative AI is creeping into our lives at an alarming rate. The perfidious tech and its algorithmically-generated slop is becoming a fact of life as unscrupulous tech companies set it loose into the world, consequences be damned. Unless you live in a hut, AI video slop is pretty much unavoidable. It's choking the internet with deranged brainrot, kids content, and even bizzaro Trump family engagement bait. The avalanche is so devastating that an international coali

Nothing sees the Phone 3 as the ‘right product’ to start scaling up in the US

TL;DR Nothing has confirmed the Phone 3 will be available in the US. The Phone 3 will support AT&T and T-Mobile. The handset will also be available in Canada. Nothing is preparing to launch its next flagship phone — the Phone 3. The new handset will obviously be available in the UK, where the company’s headquarters are located, but will it also come to the US? We now have a definitive answer and a few extra details. Nothing has told TechCrunch that it plans to launch the Phone 3 in the US. W

The Nothing Phone 3 will be available in the US via Amazon

The Nothing Phone 3 is getting an official release for US customers. The handset will be available to purchase from Amazon or directly from the company, according to a report by TechCrunch. Nothing CEO Carl Pei has been teasing this news since April, but now it's official. Canadians will also be able to get in on the retail action, as Nothing has inked a deal with Best Buy to sell the new handset in the region. The phone goes on sale next month. The company has produced eight handsets since fo

Chime almost died in 2016, turned down by 100 VCs — today it IPO’d at $14.5B

One of the year’s most anticipated IPOs took place on Thursday when neobank Chime raised $864 million in its IPO, pricing its shares at $27, which is above its previously announced range of $24 to $26. That gave it a starting market cap of about $9.8 billion. While some would point out that this is far below its last private valuation of $25 billion, according to PitchBook’s estimates, shares opened at $42, putting it at $14.5 by midday in heavy trading, according to Yahoo Finance. The hungry

Chime opens at $43 in Nasdaq debut after pricing IPO above expected range

CEO of Chime, Chris Britt, center right, rings the opening bell during the company's initial public offering at the Nasdaq MarketSite on June 12, 2025 in New York City. Chime opened at $43 in its Nasdaq debut on Thursday after selling shares at $27 each in an IPO that valued the online banking company at $11.6 billion. Late Wednesday, Chime raised about $700 million in its offering, and existing investors sold an additional $165 million worth of shares. The stock is trading under the ticker sy

Sam Altman says the Singularity is imminent - here's why

NurPhoto/Contributor/Getty In his 2005 book "The Singularity is Near," the futurist Ray Kurzweil predicted that the Singularity -- the moment in which machine intelligence surpasses our own -- would occur around the year 2045. Sam Altman believes it's much closer. In a blog post published Tuesday, the OpenAI CEO delivered a homily devoted to what he views as the imminent arrival of artificial "superintelligence." Whereas artificial general intelligence, or AGI, is usually defined as a computer

Chime almost died in 2016, turned down by 100 VCs. Today it IPO’d at $14.5B.

One of the year’s most anticipated IPOs took place on Thursday when neobank Chime raised $864 million in its IPO, pricing its shares at $27, above its previously announced range of $24 to $26. That gave it a starting market cap of about $9.8 billion. While some would point out that this is far below its last private valuation of $25 billion, according to PitchBook’s estimates, shares opened at $42, putting it at $14.5 by midday in heavy trading, according to Yahoo Finance. The hungry response

Congress Demands Answers on Data Privacy Ahead of 23andMe Sale

US Reps. Alexandria Ocasio-Cortez and Jan Schakowsky on Thursday sent letters to the two potential buyers of troubled genetic testing firm 23andMe demanding details about consumer data privacy should either of them acquire the company. Signed by 20 other Democratic members of Congress, the letters were sent to Regeneron Pharmaceuticals and TTAM Research Institute, which have put forth separate bids to buy 23andMe. In the letters, they ask Regeneron and TTAM if they will continue to give custome

Battery manufacturer Powin files for bankruptcy months after landing $200M loan

Battery manufacturer Powin filed for bankruptcy on Wednesday. The Oregon-based company said it has more than $300 million in debt. The Chapter 11 filing will let the company continue operating while it restructures its debt. Powin manufactured grid-scale batteries using lithium-iron-phosphate (LFP) cells from China. The company had been searching for alternative domestic suppliers, but the supply chain wasn’t sufficiently mature, Jeff Waters, the company’s former CEO, told Bloomberg in April.

Anduril CEO Palmer Luckey says the defense tech company will 'definitely' go public

Defense tech startup Anduril Industries will go public, founder and CEO Palmer Luckey said Tuesday. "We are definitely going to be a publicly traded company," he told CNBC's "Closing Bell: Overtime." "We are running this company to be the shape of a publicly traded company." He added that there isn't "really a path" for a company like Anduril to win significant trillion-dollar defense contracts without going public. Luckey did not detail an IPO timeline. Since its founding, Anduril has risen

Boeing Jet Explodes in Giant Fireball, Killing Hundreds

A Boeing Dreamliner 787 plane crashed into a residential neighborhood with 242 people aboard mere moments after taking off from Ahmedabad in western India, exploding in an immense fireball. The cause of the immensely tragic loss of life remains unknown. As CNBC reports, it could take months to find out. The top-selling wide-body aircraft was delivered to Air India in 2014. According to a tweet by FlightRadar, the Boeing jet ascended to roughly 200 feet before plummeting back down at a "vertica

Apple Intelligence announcements at WWDC: Everything Apple revealed for iOS, macOS and more

Apple Intelligence hasn't landed in the way Apple likely hoped it would, but that's not stopping the company from continuing to iterate on its suite of AI tools. During its WWDC 2025 conference on Monday, Apple announced a collection of new features for Apple Intelligence, starting with upgrades to Genmoji and Image Playground that will arrive alongside iOS 26 and the company's other updated operating systems. In Messages, you'll be able to use Image Playground to generate colorful backgrounds

Rust compiler performance

Perhaps the most often repeated complaint about Rust is its slow feedback loop and long compilation times. I hear about it all the time; in Rust podcasts, blog posts, surveys, conference talks or offline discussions. I also regularly complain about it, being a Rust user myself! Recently, in addition to the usual compile times complaints, I also started noticing the following sentiments being expressed by frustrated Rust developers: “Why doesn’t the Rust Project care more about this pressing and

AI chatbots tell users what they want to hear, and that’s problematic

The world’s leading artificial intelligence companies are stepping up efforts to deal with a growing problem of chatbots telling people what they want to hear. OpenAI, Google DeepMind, and Anthropic are all working on reining in sycophantic behavior by their generative AI products that offer over-flattering responses to users. The issue, stemming from how the large language models are trained, has come into focus at a time when more and more people have adopted the chatbots not only at work as

Legal tech platform Definely raises $30M Series B to make contract reviewing more efficient

Nnamdi Emelifeonwu was always curious about what work life was like for his colleague Feargus MacDaeid, one of the few registered blind lawyers in the U.K. Both practiced law at the global firm Freshfields. When asking about what would make his life easier, the answer was clear: “Help me navigate definitions in complex contracts without losing context,” Emelifeonwu told TechCrunch. He realized the fix to MacDaeid’s request would be useful to every lawyer. So in 2017, Emelifeonwu and MacDaeid t

How Warp is introducing robots to automate its network of warehouses

Warp was founded in 2021 to help companies streamline their shipping supply chains and reduce costs through its tech-enabled network of shippers, carriers and warehouses. Now, it wants to make supply chains further efficient by using robots to automate its web of warehouses. Daniel Sokolovsky, the co-founder and CEO of Warp, told TechCrunch that Warp is always looking for ways to make shipping more efficient for its customers, which include enterprises like Walmart, Gopuff, and HelloFresh. Wit

Former Intel engineers form AheadComputing to break CPU performance limits with RISC-V design

What just happened? In the heart of Oregon's Silicon Forest, a group of veteran chip architects has traded the security of a tech giant for the high-stakes world of startups, aiming to redefine the future of microprocessors. The founders of AheadComputing, who collectively spent nearly a century at Intel, are now channeling their expertise into building a new class of CPU, one they believe could upend the industry's established order. Rather than building on the legacy of x86, the team is betti

GitLab patches high severity account takeover, missing auth issues

GitLab has released security updates to address multiple vulnerabilities in the company's DevSecOps platform, including ones enabling attackers to take over accounts and inject malicious jobs in future pipelines. The company released GitLab Community and Enterprise versions 18.0.2, 17.11.4, and 17.10.8 to address these security flaws and urged all admins to upgrade immediately. "These versions contain important bug and security fixes, and we strongly recommend that all self-managed GitLab inst

Brazil's Supreme Court makes social media liable for user content

Live Events The majority of justices on Brazil's Supreme Court have agreed to make social media companies liable for illegal postings by their users. Gilmar Mendes on Wednesday became the sixth of the court's 11 justices to vote to open a path for companies like Meta, X and Microsoft to be sued and pay fines for content published by their users. Voting is ongoing but a simple majority is all that is needed for the measure to pass.The ruling will come after US Secretary of State Marco Rubio warn

Amazon Prime Video Now Comes With Double the Ads!

It wasn’t that long ago that an ad-free experience was the default for streaming services. But companies need to make sure the line keeps going up, and one way to do that is to monetize the audience by serving them ads. Amazon introduced ads to its Prime Video streaming service last year, with the promise that it would be light and unintrusive. Well, time to juice those profits, because Adweek reports that Amazon will double the number of ads that it serves per hour to its viewers. Look at this

Inexpensive AI Agents Threaten Entry-Level Coding Jobs

In 2007, Luke Arrigoni, an AI entrepreneur, earned $63,000 at his first job as a junior software developer. Today, he says AI tools that write better code than he did back then cost just $120 annually. The numbers don’t sit right with him. Arrigoni, who runs Loti AI, a company that helps Hollywood stars find unauthorized deepfakes, worries that underpriced AI tools encourage companies to eliminate entry-level roles. He wants to flip the incentive structure so people’s careers don’t end before t

Meta files lawsuit against developer of CrushAI 'nudify' app

Meta is suing a company that ran ads on its services to promote an app that lets people create non-consensual, sexualized images of others using AI technology, the social media company said Thursday. The lawsuit is against Joy Timeline HK Limited, which develops the app called CrushAI and its variants. The Hong Kong-based company ran ads on Facebook and Instagram to promote CrushAI, an app that uses artificial intelligence to take a photo of someone and create nude imagery of them. Meta filed

Topics: ads app company meta said

Gecko Robotics raises $125 million in deal valuing critical infrastructure startup over $1 billion

Gecko Robotics announced on Thursday that it raised $125 million in a Series D funding round, raising the AI and robotics company's valuation to $1.25 billion. The new round of funding means the Pittsburgh-based company has reached unicorn status, roughly twelve years after it was founded by Jake Loosararian. The company's previous round of funding, a $173 million Series C in December 2023, valued it at $633 million. To date, the company has raised $347 million from investors including USIT, X

In iOS 26, the Safari browser on iPhone has three different toolbar layouts to choose from

The iOS 26 Safari browser on iPhone evokes the new design system featuring Liquid Glass, with floating toolbars and buttons that shine through the web page content behind them as you scroll. Ever since the controversial iOS 15 Safari redesign, iPhone Safari has offered two layout modes ‘Tab Bar’ and ‘Single Tab’. In iOS 26, these are renamed to ‘Bottom’ and ‘Top’ respectively, and there’s a brand new default called ‘Compact’. While it should still feel familiar, all modes have received design c

Meta is cracking down on AI 'nudify' apps

Meta is finally cracking down on "nudify" apps that use AI to generate nonconsensual nude and explicit images of celebrities, influencers and others. The company is suing one app maker that's frequently advertised such apps on Facebook and Instagram, and taking new steps to prevent ads for similar services. The crackdown comes months after several researchers and journalists have raised the alarm about such apps. A recent report from CBS News identified at least "hundreds" of ads on Meta's plat

Topics: ads ai apps company meta

I Review AI Image Generators. This Is How I Write My Prompts to Get the Best Results

In the messy world of AI image generators, there are a lot of things that can go wrong when you're trying to get the image you see in your head to appear on your screen. I've spent the past year testing and reviewing different AI image generators, and I've generated hundreds of images across services like Midjourney and Dall-E. But they haven't all been winners. A bunch of them have been downright horrifying. But it taught me that the best way to avoid creating a wonky AI image is using a good p

Topics: ai image like prompt want

Experimental retina implants give mice infrared vision

Human vision relies on photoreceptor cells in the retina that react to visible light and trigger neurons in the optic nerve to send signals to the brain. Degradation of these photoreceptors is the leading cause of vision impairments, including blindness. However, a team of scientists at China’s Fudan University has recently built prototype retinal implants that can replace the failing photoreceptors and potentially provide infrared vision as a bonus. Sadly, they’ve only been tested in animals,

AI Agents Are Too Cheap for Our Own Good

In 2007, Luke Arrigoni, an AI entrepreneur, earned $63,000 at his first job as a junior software developer. Today, he says AI tools that write better code than he did back then cost just $120 annually. The numbers don’t sit right with him. Arrigoni, who runs Loti AI, a company that helps Hollywood stars find unauthorized deepfakes, worries that underpriced AI tools encourage companies to eliminate entry-level roles. He wants to flip the incentive structure so people’s careers don’t end before t

Multiverse Computing raises $215M for tech that could radically lower AI costs

Spanish startup Multiverse Computing on Thursday said it has raised an enormous Series B round of €189 million (about $215 million) on the strength of a technology it calls “CompactifAI.” CompactifAI is a quantum-computing inspired compression technology that is capable of reducing the size of LLMs by up to 95% without impacting model performance, the company said. Specifically, Multiverse offers compressed versions of well-known, open-source LLMs – primarily small models – such as Llama 4 Sco

Small retailers on 'vacation from hell' as they seek clarity on Trump's China tariffs

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images When Matt Kubancik, a small business owner in Louisville, Kentucky, cast his ballot for Donald Trump in November, he was hoping that the Republican nominee's return to the White House would provide a spark to the economy and lead to reduced prices for gas and groceries. Instead, the first half-year