OpenAI CEO Sam Altman finally took the stand this morning to defend himself against his former cofounder Elon Musk’s lawsuit challenging OpenAI’s corporate structure. Altman was asked out of the gate what he thought of Musk’s allegation that OpenAI’s other founders “stole a charity” when they launched a for-profit subsidiary to market products based on…
Former Tesla executive Drew Baglino has quietly founded a heat pump startup, TechCrunch has learned. This is the second company founded by Baglino in the two years since he left Tesla. Sources confirmed the existence of the startup, called Sadi Thermal Machines, and TechCrunch has reviewed company filings in Delaware and California. Sadi was formed…
Early-stage venture firm A* Capital on Tuesday announced a $450 million Fund III. The firm takes a generalist approach, backing companies across categories including AI applications, fintech, healthcare, and security.The average check size for this fund will be between $3 million and $5 million, with the aim to back at least 30 startups. The capital…
As investors scramble to get their hands on shares of AI companies of all stripes, Anthropic this week updated its website to warn investors that a slew of private and secondary investment platforms that offer access to shares in the AI company are not, in fact, allowed to do so. The company named Open Doors…
Trying to get off billionaire-owned social media, but don’t know where to start? A new app called Indigo is launching today to let users explore the open social web across multiple services, all under one roof. Decentralized social media is having a moment, as more people realize they want control over their algorithms, feeds, moderation…
As bad actors weaponize AI to exploit software vulnerabilities at unprecedented speed, companies are increasingly recognizing the need to bolster their cybersecurity defenses. Fortunately, those very AI tools are also helping businesses fight back. The need for such capabilities has helped Exaforce, an AI startup that detects and thwarts attacks in real time, secure a…
Potholes are a pesky problem — just ask scooter company Lime, which listed them as an official risk to its business in its IPO filing last week. History is littered with claims that technology can help solve or blunt the problem of potholes, and still they persist. But as cars become increasingly laden with advanced…
Your domain name is far more than a simple web address, since it serves as a critical element that shapes your entire online identity and influences how others perceive your brand. It is the very first impression your brand makes on potential customers, search engines, and business partners. A well-chosen domain shapes how people perceive…
Instructure, the maker of the popular school information portal Canvas, said on Tuesday it has “reached an agreement” with the hackers who breached its systems twice, stole a huge amount of student and staff data, and disrupted thousands of schools that rely on the company’s software. ShinyHunters, a financially motivated cybercrime group, took credit for…
Jackyenjoyphotography/Moment/Getty Images Follow ZDNET: Add us as a preferred source on Google. ZDNET’s key takeaways At Siemens, the emphasis is on human guidance of AI. Business architect is an up-and-coming role in today’s AI world. Firms need professionals who can manage sprawling agent networks. Business architects, who blend technology expertise with business acumen, are emerging as the…