Task force proposes new federal AI research outfit with $2.6B in funding

The final report from the government’s National AI Research Resource recommends a new, multi-billion-dollar research organization to improve the capabilities and accessibility of the field to U.S. scientists. The document presents “a roadmap and implementation plan for a national cyberinfrastructure aimed at overcoming the access divide, reaping the benefits of greater brainpower and more diverse … Read more

Consumer advocacy groups want Walmart’s Roblox game audited for ‘stealth marketing’ to kids

A number of consumer advocacy groups have a problem with Walmart’s entry into the metaverse. The online retailer last fall announced the launch of two new virtual worlds on Roblox, “Walmart Land” and “Universe of Play,” aimed at engaging the next generation of shoppers. The experiences allow Roblox users to play games featuring toys and … Read more

Alexa Fund’s Paul Bernard talks OpenAI, what’s catching his eye and remaining relevant as Amazon restructures

Amazon made headlines this month when the company began to work through its long-rumored 18,000 job cuts. Going, too, are a number of products and strategies as the company right-sizes for the current state of the economy, the market’s attitude to tech stocks and the current landscape as dictated by its competitors and would-be rivals. … Read more

Honda is setting up a dedicated EV division

Honda is establishing a division dedicated to the development of electric vehicles and other electrical products including storage and generation, the company said on Tuesday (via Reuters). The Japanese automaker somewhat lags the rest of the market when it comes to EVs to date. Last year, Honda announced expansive plans to electrify its lineup, including … Read more

Opportunistic investors are giving up on aging pre-IPO companies, shows a new report

It’s a tough time to be a richly priced company that didn’t go public when the getting was good. Not only are there fewer later-stage players with the resources and appetite to support such companies — SoftBank and Tiger Global have pulled back dramatically, for example — but even secondary investors have lost interest. That’s … Read more

TechCrunch+ roundup: Deep tech fundraising, negative trade secrets, 3 metrics investors love

Startup board meetings are scheduled several weeks apart, but many founders work until the last minute on the deck updating investors on revenue, the product pipeline, hiring and other essential matters. In this environment, founders who try to “bright side” their numbers into a positive narrative will lose credibility. It’s nice to think so, but … Read more

US sues Google over “anticompetitive, exclusionary, and unlawful” ad tech monopoly

The U.S. Department of Justice has filed suit against Google over alleged antitrust issues, claiming the search giant has monopoly control of the digital ad market. The DOJ is joined by eight states in its complaint, including New York, California, and Colorado. Together they aim to “halt Google’s anticompetitive scheme, unwind Google’s monopolistic grip on … Read more

Despite 2022’s headwinds, women’s health startups did better than ever before

It’s been seven months since Roe vs. Wade was overturned, and the dust has barely begun to settle. Politically, voters have expressed their overwhelming support for a person’s right to access abortion. Grassroots campaigns continue, and technology-wise, innovation in the wider women’s health sector is only gearing up. But have things improved at all for … Read more

Accord, which offers a platform to manage sales processes, secures $10M

Accord, a collaboration platform designed to support business-to-business (B2B) sales, today announced that it raised $10 million in Series A funding from Matrix Partners, Nat Friedman and Y Combinator. CEO Ross Rich says that the new funds, which bring Accord’s total raised to $17 million, will be put toward the startup’s engineering, sales and marketing … Read more

How the recently shuttered third-party apps contributed to Twitter’s development

Last week, Twitter updated its developer terms to effectively ban any alternative Twitter client application. The company’s change came after many popular apps — including Twitterrific, Tweetbot, Echofone, and Fenix — were suspended by the company’s developer platform team without any notice or explanation. The social media company hadn’t been transparent about its decisions to … Read more

Mozilla revamps its read-it-later app Pocket with new tabs and curated recommendations

Pocket, a popular read-it-later app acquired by Mozilla in 2017, is rolling out two major changes to its mobile reading experience, as it faces new competition from startups like Matter and open-source alternatives like Omnivore. The company today is revamping key features, including its Home tab and its “My List” tab, which is now being … Read more

Roblox taps former Google Play VP for creator role

As Roblox bets big on the future of user-generated content, the online game platform ubiquitous in the under-13 age group is staffing up accordingly. The company announced Tuesday that it has hired former Google Play VP Tian Lim to lead the product team for its creator group, the internal division of the company focused on … Read more

Netflix’s ‘All Quiet on the Western Front’ is among the most-nominated Oscar films

Netflix received 15 Oscar nominations this year, putting the streaming service ahead of other media companies. Warner Bros. was close behind with 13 nominations, and Disney earned 11. Netflix’s German war movie “All Quiet on the Western Front” was nominated nine times, making it one of the most-nominated Oscar films, behind “Everything Everywhere All at … Read more

Can Korean digital storytelling platforms captivate North American and European audiences?

Korean storytelling companies want to kindle the popularity of webtoons and web novels in the West on the back of their success in East Asia. Serialized digital comics, also known as webtoons in South Korea, are optimized for mobile devices such as smartphones and tablets or websites, which read top to bottom. Digital comics gained … Read more

SoundHound, the voice AI company, raises $25M after laying off 40% of staff earlier this month

AI may be getting hyped as the next billion dollar (or, much bigger) opportunity these days after that mega round for OpenAI from Microsoft, but that rising tide is not lifting all boats. SoundHound — the voice AI company that provides conversational AI services for automotive, connected home and hospitality applications — earlier this month … Read more

Kind Snacks founder Daniel Lubetzky begins new ‘journey’ with Camino Partners

After successfully building Kind Snacks into a multibillion-dollar company, Daniel Lubetzky and his team, including former Kind executive Elle Lanning, have unveiled Camino Partners, a startup incubator and investment platform. Lubetzky, founder and chairman of Camino Partners, built Kind up from just $5 million in initial investment and told TechCrunch he wants to help other … Read more

B2B sales closing and financing platform Vartana raises $12M

The software-as-a-service (SaaS) industry is facing budget constraints and reductions in headcount as a result of the pandemic and the broader slowdown in tech. Companies have tightened up their budgets for SaaS purchases, looking to keep cash on hand while growing more efficiently. That’s why Kush Kella and Ahmed Sharif founded Vartana (which my colleague … Read more

Six ex-OneWeb engineers raise $2.5M for Quindar to revolutionize satellite mission management

It’s never been cheaper to send a spacecraft to orbit, but many companies are hamstrung by the complex and expensive demands of satellite mission management. Quindar wants to change that. The company, which just closed $2.5 million in seed funding, has built a web app for end-to-end satellite operations that it says will enable its … Read more