Igor Babuschkin, a co-founder of Elon Musk’s xAI startup, announced his departure from the company on Wednesday in a post on X. Babuschkin led engineering teams at xAI and helped build the startup into one of Silicon Valley’s leading AI model developers just a few years after it was founded. “Today was my last day…
Strategy co-founder Michael Saylor signaled that Strategy would resume Bitcoin (BTC) buying on Monday after the company took a week-long hiatus from accumulating the digital asset. “Some weeks, you don’t just HODL,” the executive wrote on Sunday. The company skipped buying BTC last week but announced a $4.2 billion capital raise. Before the break, Strategy…
Mihailo Bjelic, co-founder of Ethereum layer-2 scaling solution Polygon, has stepped down from his role at Polygon but suggests he will stay active in the crypto industry in some capacity. His resignation drew reactions across Polygon and the wider crypto community, with several seeing it as a loss for Polygon, which has been tied to…
Hungry to learn more about Anthropic, directly from Anthropic? You aren’t alone if so, which is why we’re so delighted to announce that Anthropic co-founder and Chief Science Officer Jared Kaplan is joining the main stage at TechCrunch Sessions: AI on June 5 at UC Berkeley’s Zellerbach Hall. And TechCrunch Sessions: AI is right around…
When Instagram was acquired for $1 billion in 2012, co-founder Kevin Systrom believed that joining Facebook would help Instagram’s “skyrocketing growth” reach even greater heights. In some ways, it did. Instagram now has billions of users and has since “generated many multiples of that price and then some,” Systrom said on Tuesday from a Washington,…
CoreWeave began trading on Friday with more of a shrug than a war cry. The company priced at $40 on Thursday, below the $47- $50 price range announced. It also trimmed the number of shares offered. All told, CoreWeave raised $1.5 billion and nabbed a $14 billion market cap on Day 1, instead of a…
“It has been 2 years of the Gemini program and GDM. We have come a long way in that time with many efforts we should feel very proud of. At the same time competition has accelerated immensely and the final race to AGI is afoot. I think we have all the ingredients to win this…
OpenAI’s cofounder and former chief scientist, Ilya Sutskever, made headlines earlier this year after he left to start his own AI lab called Safe Superintelligence Inc. He has avoided the limelight since his departure but made a rare public appearance in Vancouver on Friday at the Conference on Neural Information Processing Systems (NeurIPS). “Pre-training as…
Amazon says that it’s establishing a new R&D lab in San Francisco, the Amazon AGI SF Lab, to focus on building “foundational” capabilities for AI agents. The Amazon AGI SF Lab, which will be led by David Luan, the co-founder of AI startup Adept, will seek to build agents that can “take actions in the…
Arne Schepker, the CEO of the popular Berlin-based language learning platform Babbel, is stepping down, and the company’s co-founder and former CEO Markus Witte is stepping back in to lead the company “into a new phase while searching for Arne’s successor with patience,” the company said. This new phase, unsurprisingly, will involve AI. Witte will not…