Day: June 23, 2023

Day: June 23, 2023

EV truck maker Nikola suspects foul play in headquarters fire

Nikola Corp said Friday it suspected “foul play” in a fire outside of its Phoenix headquarters that affected some of its battery electric trucks. The fire, which Nikola tweeted about and has since confirmed with TechCrunch, started early this morning behind its headquarters. A vehicle was seen in the area of the affected trucks just prior to the incident and an investigation is underway. “Our team applauds the Phoenix and Tempe Fire Departments for taking quick action and staying on top of the situation,” the company tweeted. “We will release additional information as it becomes available.” The company didn’t provide details

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Atmos Space Cargo is building return capsules for in-space research and manufacturing

The International Space Station has a monopoly on in-space research, but the huge surge of interest in commercial space is starting to change that. Atmos Space Cargo, a German startup, is looking to open up the opportunities for life sciences research and manufacturing in orbit with its return capsules that will deliver cargo from space back to Earth. The company calls the opportunity “microgravity on demand,” a nascent market segment that has huge potential. Atmos’ service is tailored specifically for life sciences, according to the startup’s website, which can include research into monoclonal antibodies, stem cells, artificially-grown human tissue, and

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YouTube integrates AI-powered dubbing tool

YouTube is currently testing a new tool that will help creators automatically dub their videos into other languages using AI, the company announced Thursday at VidCon. YouTube teamed up with AI-powered dubbing service Aloud, which is part of Google’s in-house incubator Area 120. Earlier this year, YouTube introduced support for multi-language audio tracks, which allows creators to add dubbing to their new and existing videos, letting them reach a wider international audience. As of June 2023, creators have dubbed more than 10,000 videos in over 70 languages, the company told TechCrunch. Previously, creators had to partner directly with third-party dubbing

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Students: Disrupt offers affordable passes and big benefits

If you’re a student hell-bent on making your mark in the startup world, then you must go to TechCrunch Disrupt 2023, taking place September 19–21 in San Francisco. Even better for budget-strapped students — it’s an affordable stop on your path to building your startup empire. Why buy now? Prices increase in August — which will be here before you know it — so buy your student pass today for just $195. Here are just some of the ways student founders can advance their startup aspirations at Disrupt. You have three full days of opportunity knocking, so go and open

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Prosus and Sequoia confirm execs’ resignation from Byju’s board

Prosus and Peak XV Partners confirmed Friday that their representatives have resigned from the board of Byju’s, India’s most valuable startup. The company is also reeling from the departure of its auditor Deloitte this week. The board members’ resignations — which Byju’s vehemently denied on Thursday — came shortly after global auditing giant Deloitte told the startup’s board that it was resigning from its role. Deloitte, which was slated to work with Byju’s until 2025, said that the edtech giant had failed to hand over financial results for the year ended March 2022. A spokesperson for Peak XV Partners confirmed

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Reddit vs Redditors and other TC news

This week on The TechCrunch Podcast, I’m stepping in for the podcast’s usual host Darrell, and taking a closer look at what’s happening at Reddit. The popular social media company seems to be hell-bent on alienating as much of its user base as possible after introducing a policy that significantly increases the price of access to its API. The move may be a reaction to Fidelity cutting its Reddit valuation by more than 40% since its 2021 investment. In any case, the users ain’t happy. Articles from the episode – about Reddit: Ivan reports that moderators are turning their communities

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Feds seize notorious and shuttered hacking site BreachForums

Three months after arresting its administrator, U.S. federal authorities have seized the domain of notorious hacking site BreachForums. For a time, the forum was the go-to community for English-speaking cybercriminals, who would share, advertise and sell personal data stolen from a variety of websites and companies. In March, the FBI arrested Conor Brian Fitzpatrick in New York, accusing him of being the man behind the nickname “Pompompurin,” the administrator of BreachForums. Shortly after, the site’s new administrator shut down the forum, promising it would never come back. On Thursday, the content of the old site was replaced with a notice

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UK touts £21M fund to extend AI deeper into the National Health Service

The AI revolution has swung full-force into the mainstream conversation this year, powered by consumer-friendly generative AI applications such as OpenAI’s ChatGPT. But while such tools are raising myriad legal and ethical questions, the emergence of new and powerful large language models (LLMs) also have the potential to revolutionize healthcare. This is why the U.K. government today announced that it’s committing £21 million ($26.75 million) to National Health Service (NHS) trusts, which can apply for funding to “accelerate the deployment of the most promising AI tools” in hospitals across the country. It’s worth noting that the NHS has courted controversy

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