Artificial Intelligence (AI)
Cohere, the Toronto-based large language model (LLM) startup, announced Thursday that it has secured an oversubscribed $500 million funding round, pushing its valuation to $6.8 billion — up from $5.5 billion just over a year ago when it last raised the same amount. Founded in 2019 by Aidan Gomez
Artificial Intelligence (AI)
One of Europe’s most prominent AI startups, Multiverse Computing, has unveiled two AI models so small they’re named after a fly’s brain and a chicken’s brain — yet they still boast impressive performance in chat, speech, and even reasoning tasks. The Donostia, Spain–based company, known for
Cloud Computing
Oracle and Alphabet’s Google announced Thursday that their cloud computing divisions have formed a strategic partnership to integrate Google’s Gemini artificial intelligence models into Oracle’s cloud services and enterprise applications. The agreement will allow developers using Oracle Cloud to access Gemini’s capabilities for generating text, video,
Media
Instagram is developing a new feature called “Picks” that aims to help users connect over shared interests, the company confirmed to TechCrunch. According to Meta, the feature is currently an internal prototype and is not yet being tested externally. The existence of Picks was first uncovered by reverse engineer Alessandro
Food
Amazon is taking a major step into the quick-commerce arena by allowing shoppers in 1,000 U.S. cities to order perishable food items through its Same-Day Delivery service. The expansion positions the e-commerce giant to compete more directly with Instacart and Walmart+ as consumer demand for rapid grocery delivery
Retail
Gildan Activewear has agreed to acquire U.S. undergarment maker Hanesbrands in a cash-and-stock deal valued at $2.2 billion, the companies announced Wednesday. The Canadian apparel manufacturer will pay roughly $6 per Hanesbrands share, a 24% premium to Monday’s closing price, in a move aimed at strengthening its
Artificial Intelligence (AI)
Google is introducing a major update to its Gemini AI chatbot that will let it automatically remember your past conversations and use that knowledge to personalize future responses — without you having to prompt it. From Manual to Automatic Memory Previously, Gemini could remember your preferences and interests, but only if
Manufacturing
GE Appliances, owned by China’s Haier Group, announced Wednesday that it will invest more than $3 billion over the next five years in its U.S. operations and workforce, a move aimed at bolstering domestic manufacturing following tariff policies introduced under the Trump administration. The investment will generate 1,
Economy
The United States has crossed a historic and alarming fiscal milestone: the national debt has climbed past $37 trillion, a record sum reached years earlier than experts had anticipated. The figure, published Tuesday in a Treasury Department report, underscores the pace at which federal borrowing has accelerated — and the growing
When Israel-based NeoLogic began work on a radically different CPU design for AI servers, industry veterans told its founders, Avi Messica and Ziv Leshem, that it couldn’t be done. “Most of the people that we have met say it’s impossible,” Messica told TechCrunch. “Some of them told us,
AbbVie has announced plans to invest $195 million in its manufacturing facility in North Chicago, Illinois, to enhance the production of active pharmaceutical ingredients (API) within the United States. The move is part of AbbVie’s broader strategy to strengthen domestic manufacturing capabilities, following its earlier pledge to invest more
Anduril Industries has officially switched on its high-volume solid rocket motor (SRM) factory in Mississippi, aiming to meet surging U.S. demand for space and defense missions — and break a decades-long duopoly in the SRM market. By the end of 2026, the facility will have the capacity to produce 6,
Anthropic is dramatically expanding the capabilities of its AI coding models, announcing that enterprise customers can now send up to one million tokens in a single prompt to its Claude Sonnet 4 model. That’s roughly 750,000 words — enough to fit The Lord of the Rings trilogy with room
Just two years after its debut as a rival to Twitter, Meta’s Threads has surpassed 400 million monthly active users (MAUs), Instagram head Adam Mosseri announced Tuesday. “As of a few weeks ago we there are more than 400 million people active on Threads every month,” Mosseri wrote in
Google is introducing a new search feature called “Preferred Sources”, giving users more control over the news outlets and blogs they see in their search results. Initially tested through Google’s experimental Search Labs, the tool is now available to all users conducting English-language searches in the U.S. and
Ford Motor Co. announced Monday it will invest $2 billion into its Louisville, Kentucky, assembly plant as part of a push to produce more affordable electric vehicles for U.S. consumers. The move builds on the automaker’s previously announced $3 billion investment in a new battery park in Michigan,
On September 30, 2025, AOL dial-up will officially go silent. According to a statement posted on the company’s website, the Yahoo-owned service—once the default gateway to the internet for millions—will be discontinued, along with its companion AOL Dialer software and AOL Shield browser. “AOL routinely evaluates its
Bed Bath & Beyond is making a comeback—though not quite as you remember it. The once-bankrupt home goods chain, which shuttered after filing for bankruptcy in April 2023, has been revived under new ownership and a new banner: Bed Bath & Beyond Home. The first location of this reimagined
The mystery buyer behind Foxconn’s recent sale of its Lordstown, Ohio factory has been revealed — and it’s not another automaker. According to Bloomberg News, Japanese tech investment giant SoftBank has acquired the facility, with plans to convert it into a hub for building AI servers as part of
Meta has purchased AI voice startup WaveForms for an undisclosed amount, according to The Information, marking the social media giant’s latest push to expand its new AI-focused division, Superintelligence Labs. The deal comes just weeks after Meta’s acquisition of PlayAI, making it the company’s second major AI
Google announced Friday that its financial information and news platform, Google Finance, is receiving a significant AI-powered overhaul. The update introduces the ability to research complex financial questions using artificial intelligence, along with enhanced charting capabilities, real-time market data, and a live news feed. With the new AI features, users
