Monthly Archives: October 2022

Daily Crunch: World’s largest Black-led VC fund leads $4M seed round for Nigerian retail automation startup

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. What’s uuuuup, you wonderful humans. We’re psyched to be reporting live from TechCrunch Disrupt — without ignoring the rest of the world, natch. It’s been a super fun day, and we’re here…

AI in Insurance: How three forward-looking insurers are infusing AI into their front, middle, and back offices

As the coronavirus pandemic continues to drive consumers online, the pressure for incumbent insurance companies to adopt digital technology is intensifying. Incumbent insurers have been pushed to accelerate their use of mature AI deployments over the past year to meet changing customer expectations and better compete with tech-centric firms. For context, consumers are now twice as…

Elon Musk touted the ‘incredible potential’ of Twitter after spending millions in legal fees to avoid buying it

Elon Musk. Andrew Kelly/Reuters Elon Musk said he is “excited about the Twitter situation” on Tesla’s earnings call.  Musk spent months and millions of dollars trying to walk away from his deal to buy Twitter before agreeing to go through with the purchase.  Musk said the company has “incredible potential” but has “languished for a…

Facebook Messenger Ads: How The Pros Get Results in 2022

Why use Facebook Messenger ads? These days, more people are using private messaging on social media than ever before. And since Facebook combined its messaging backend with Instagram, Messenger ads have never been more relevant. Facebook Messenger has 1 billion active users – the same as TikTok. Messenger is an ultra-personal way to connect directly…

Bill Gates’ energy venture fund is expanding into climate adaptation and later-stage investments

Bill Gates’ climate venture-capital fund is expanding its mission, adding adaptation to its investment categories and establishing a later-stage fund to help clean tech startups begin building plants and scaling up their technologies. The announcement came at the end of the firm’s Breakthrough Energy Summit in Seattle on Wednesday. To date, Breakthrough has been focused…