Tech

Former Citadel quants raised $78M for the AI operating system Wall Street's wealth managers didn't have

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Former Citadel quants raised $78M for the AI operating system Wall Street's wealth managers didn't have

Moment raised $78M led by Index Ventures to build AI agent infrastructure for wealth management. Edward Jones and LPL are clients.

4 months ago

AI is killing the cheap smartphone. The memory that powers your phone now goes to data centers instead.

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AI is killing the cheap smartphone. The memory that powers your phone now goes to data centers instead.

Memory makers redirected wafers from phones to AI chips. LPDDR prices surged 250%. India’s sub-$100 phone market collapsed 59%.

4 months ago

DeepSeek made its 75% discount permanent. The AI price war just escalated.

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DeepSeek made its 75% discount permanent. The AI price war just escalated.

DeepSeek permanently cut V4 Pro prices by 75%, to $0.87 per million output tokens. It undercuts GPT-5, Gemini, and Claude.

4 months ago

Fashion designer Jeremy Scott gets a huge cheer after ripping up his AI-written commencement speech

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Fashion designer Jeremy Scott gets a huge cheer after ripping up his AI-written commencement speech

Fashion designer Jeremy Scott told graduates that AI can't replicate their humanity during a commencement speech at the Kansas City Art Institute.

4 months ago

Author Steven Rosenbaum sounds like he’s trapped in a toxic relationship with AI.

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Author Steven Rosenbaum sounds like he’s trapped in a toxic relationship with AI.

The Future of Truth has at least six quotes that appear to be fabricated by AI. After initially taking “full responsibility,” he’s now pointing a finger at the chatbots, telling The Atlantic that they “fucked up the book.” In a separate interview with Ars Technica, he said he still plans to use AI in his writing, adding:

4 months ago

SpaceX's Starship V3—still a work in progress—mostly successful on first flight

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SpaceX's Starship V3—still a work in progress—mostly successful on first flight

SpaceX has more to prove before flying Starship all the way to low-Earth orbit.

4 months ago

Ferrari is using IBM's AI to create F1 superfans

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Ferrari is using IBM's AI to create F1 superfans

IBM and Scuderia Ferrari HP take TechCrunch inside how they are redefining the fan experience.

4 months ago

The man behind the legendary MPC, Roger Linn, stays focused with a single browser tab

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The man behind the legendary MPC, Roger Linn, stays focused with a single browser tab

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4 months ago

SpaceX's IPO filing reveals Musk's clean energy contradiction. xAI burns gas while Tesla sells solar.

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SpaceX's IPO filing reveals Musk's clean energy contradiction. xAI burns gas while Tesla sells solar.

xAI powers its data centers with unregulated gas turbines while SpaceX’s IPO pitches space-based solar. Tesla’s solar business is ignored.

4 months ago

Anthropic's Claude Mythos found 10,000 critical vulnerabilities in one month. The patches can't keep up.

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Anthropic's Claude Mythos found 10,000 critical vulnerabilities in one month. The patches can't keep up.

Anthropic’s Glasswing project found 10,000+ critical flaws across 1,000 open-source projects in a month. Only 97 have been patched.

4 months ago

Berlin's Peec AI more than doubled revenue to $10M ARR in six months. Its product helps brands show up in ChatGPT.

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Berlin's Peec AI more than doubled revenue to $10M ARR in six months. Its product helps brands show up in ChatGPT.

Berlin’s Peec AI hit $10M ARR six months after a $21M Series A at $4M. It helps brands optimise for AI search results.

4 months ago

Elon Musk Has Given Up on Solar Power (on Earth)

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Elon Musk Has Given Up on Solar Power (on Earth)

Elon Musk's xAI has gone all in on natural gas, while SpaceX is obsessed with orbital data centers. What happened to the "solar-electric economy" he promised?

4 months ago