Enlarge (credit: Education Images/Getty) The only statewide climate measure on California’s ballot Tuesday failed, even though it would have raised billions to help meet the state’s ambitious greenhouse gas emissions reduction targets by subsidizing electric vehicles and charging infrastructure, among other things. Its downfall resulted largely from the high-profile opposition of Gov. Gavin Newsom, who…
General Motors’ e-delivery van subsidiary BrightDrop said Thursday it’s on track to reach $1 billion in revenue next year. The company, which launched in 2021 and was incubated at the automaker’s global innovation center, said reaching the financial milestone would make it one of the quickest tech startups to reach unicorn status, ahead of Apple,…
What surprised me most on returning to Boston* for the first time since the onset of the pandemic was just how clustered things are. I’m not a great scheduler and I don’t know the city’s geography particularly well, but after two days spent meeting with more than a dozen startups, it slowly dawned on me…
It’s that time of year again. It can drop 20 degrees on any given day, and we’re stuck indoors watching people watch Qualcomm announce new chips and reference designs in sunny Hawaii. The Snapdragon Summit is the component-maker’s annual opportunity to map out its big plans for the next year, ahead of the holiday scrum…
A new bankruptcy filing, first reported by CNBC, shows that FTX’s corporate funds were used to purchase homes in the Bahamas among other personal items. The details arise less than a week after the now infamous crypto exchange filed for bankruptcy – a decision that founder and former CEO Sam Bankman-Fried said he regrets. FTX’s…
Beam, a startup that helps citizens access government financial aid, has raised $6.4 million in Series A funding. The company, previously known as Edquity, helps deliver funds across a wide array of programs, like emergency cash assistance, rental relief and public utility benefits. “We fundamentally work to transmit critical services and resources to those in…
When Stable Diffusion, the text-to-image AI developed by startup Stability AI, was open sourced earlier this year, it didn’t take long for the internet to wield it for porn-creating purposes. Communities across Reddit and 4chan tapped the AI system to generate realistic and anime-style images of nude characters, mostly women, as well as non-consensual fake…
At TechCrunch Sessions: Crypto 2022, Chainalysis CPO Pratima Arora, Tezos co-founder Kathleen Breitman and Ledger CEO Pascal Gauthier talked about security in the crypto industry. And a good chunk of the discussion was spent talking about the collapse of FTX. “First of all, I don’t think it is over,” Pascal Gauthier said. “In the FTX…
Today at TechCrunch’s crypto-focused event in Miami, OpenSea CEO Devin Finzer discussed his business, and the future market for non-fungible tokens. The digital assets, better known by the acronym ‘NFT,’ saw their stock rise during the 2021-era crypto boom. NFTs became synonymous with neo-wealth bubbling up from the blockchain economy, as a number of image…
Tech giant Intel thinks it has a solution for the growing deepfake problem. Earlier this week, the company unveiled FakeCatcher, a brand-new software solution that uses a novel approach to deepfake video analysis. Allegedly, it can spot deepfake videos with a 96% accuracy. Just like previous deepfake analysis solutions, this one leverages the power of…