AI & Robotics

Three years ago, Luminal co-founder Joe Fioti was working on chip design at Intel when he came to a realization. While he was working on making the best chips he could, the more important bottleneck was in software. “You can make the best hardware on earth, but if it’s hard for developers to use, they’re just not going to use it,” he told me. Now, he’s started a…

After a year of frenzied dealmaking and rumors of an upcoming IPO, the financial scrutiny into OpenAI is intensifying. Leaked documents obtained by tech blogger Ed Zitron provide more of a glimpse into OpenAI’s financials – specifically its revenue and compute costs over the past couple of years. Zitron reported this week that in 2024, Microsoft received $493.8 million in revenue…

Two teenage founders walked into Y Combinator co-founder Paul Graham’s backyard with an idea no one in agriculture seemed to want – an AI model to help design better pesticides. By the time they left, they had a new business model, a new company, and eventually, Graham’s backing. Now, that reimagined company – Bindwell – has raised $6 million in a seed round, co-led…

Power demands of data centers have grown from tens to 200 kilowatts in just a few years, a pace that has data center developers scrambling to design future facilities that can handle the load. “In the next couple of years, it’s going to be 600 kilowatts, and then we’re going to a megawatt,” Tim Heidel, CEO of Veir, told TechCrunch. “We’re speaking to folks that…