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Most VCs think valuations are close to the bottom, if not already there, but few think there will be any relief in 2024. © 2023 TechCrunch. All rights reserved. For personal use only.

As long as micro funds can be nimble enough to gain meaningful ownership, they shouldn’t be too concerned about Countdown’s fate. © 2023 TechCrunch. All rights reserved. For personal use only.

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our new Saturday show, where we sit down with a guest, think about their work, and unpack the rest. This week, we talked to

Threads’ roadmap for integrations with the fediverse, aka the network of decentralized apps that includes Twitter/X rival Mastodon and others, has been revealed. A new blog post by Tom Coates, the co-founder of an older decentralized app called Planetary, details the events of a December meeting at Meta’s offices where the Threads team had reached

Hyundai said in its CES 2024 keynote it will produce 3 million tons of hydrogen for its steel mills by 2030. That’s not particularly impactful, even if it follows through. © 2023 TechCrunch. All rights reserved. For personal use only.

In addition to the 500 layoffs at Twitch, Amazon is also making cuts to Prime Video and MGM Studios, laying off “several hundreds” of employees, according to a memo obtained by TechCrunch. The Information broke the news of the layoffs. Mike Hopkins, senior vice president of the division, announced the cutbacks in an email on

Among the slew of CES announcements this week, it should be no surprise to anyone that generative AI is a major theme from tech companies this year, including Volkswagen, Nvidia and – of course –  Amazon. In September 2023, Amazon announced to developers that it would be launching new tools to build LLM-powered experiences. Today,

Volkswagen is getting into the ChatGPT game. The German automaker announced Monday at CES 2024 in Las Vegas plans to add an AI-powered chatbot into all Volkswagen models equipped with its IDA voice assistant. Why? For drivers who want an AI-based chatbot to read researched content out loud to them, of course. The AI-based chatbot,

As companies, large and small, layer on generative AI features, they could struggle to find a pricing scheme that balances value and cost. © 2023 TechCrunch. All rights reserved. For personal use only.

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. This week in AI, Microsoft unveiled a new standard PC