M&T Bank has expanded its implementation of AI copilots to over 15,000 employees, enhancing various aspects of its operations, customer service, software development, and risk management. The bank’s use of AI extends to analyzing call center conversations, drafting reports, generating code, identifying customer needs, and flagging portfolio risks. Previously, M&T limited employee access to public […]
XDOF, a startup specializing in collecting real-world teleoperation data to train general-purpose robots, is in talks to raise a Series B round at a valuation of approximately $1.2 billion. The company has gained remarkable traction in a mere three months since emerging from stealth mode, supported by a previous Series A funding of $70 million. […]
OneRail has introduced an innovative AI delivery platform called OmniSTAR, leveraging Nvidia technology to optimize last-mile delivery for retailers, wholesalers, and distributors. The system analyzes various delivery options—such as in-house fleets, couriers, and parcel carriers—to identify the most cost-effective method that meets the desired service level. OmniSTAR integrates Nvidia’s cuOpt decision optimization engine and cuDF […]
The Builders Stage is set to return at TechCrunch Disrupt 2026, offering a platform for founders, startup operators, and investors to engage in meaningful discussions about scaling and building successful companies. Scheduled for October 13-15 at the Moscone Center in San Francisco, the event anticipates participation from over 10,000 individuals in the startup ecosystem. Attendees […]
AfterQuery has reportedly achieved a valuation of $3.2 billion, making it the fastest unicorn in Y Combinator’s history. This comes just five months after the AI training-data startup secured a $30 million Series A funding round at a valuation of $300 million in April. Co-founded by two young entrepreneurs aged 22 and 23, AfterQuery’s rapid […]
The Pentagon has introduced its own versions of popular AI tools, specifically customized iterations of OpenAI’s ChatGPT and xAI’s Grok, to cater to the needs of about 3 million military and civilian personnel. These new tools, known as ChatGPT Mil and Grok for Government, are integrated into a centralized AI portal called GenAI.mil, launched last […]
Elon Musk has announced a significant development at SpaceX, revealing that the company is constructing a secretive foundry in Bastrop, Texas, aimed at manufacturing turbine blades. This initiative is crafted to address one of the critical supply issues hindering the growth of artificial intelligence (AI) infrastructure: the production of gas turbines. Musk stated that this […]
Sony Music Publishing and Warner Chappell, along with other music publishers, have filed a lawsuit against Anthropic and its co-founders, Dario Amodei and Benjamin Mann, claiming that the AI lab engaged in an "audacious campaign of illegally torrenting, scraping, and downloading copyrighted works." This lawsuit was submitted in the U.S. District Court for the Northern […]
Neocloud Lambda, a company specializing in AI cloud computing, has successfully secured $1 billion in private debt to acquire Nvidia’s AI chips. The intention is to lease these chips specifically to Microsoft, as reported by Bloomberg. JP Morgan Chase facilitated this arrangement, and Lambda anticipates rapid deployment of the chips to begin generating revenue swiftly, […]
At TechCrunch Disrupt 2026, the AI Stage will focus on the transformative impact of artificial intelligence on startups, sales, and enterprise operations. Taking place from October 13–15 in San Francisco at the Moscone Center, this year’s events will delve into topics like AI business models, security challenges, and new job dynamics that have emerged due […]