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Hello, Crunchers! We are very excited Mattof TechCrunch Live, where he talks with Cambly about how the company found profitability after failing to raise a Series A. Mark your calendar for February 1st! – Christine and he came

TechCrunch Top 3

  • And we’re back!That’s what Microsoft said after some services like Outlook, Xbox Live and Teams went down during “changes to the Microsoft Wide Area Network.” Evan reports.
  • You will see what message you sent: We’ve been hearing a lot about text-to-image lately, and today is no different. Remember back in October when Shutterstock and OpenAI teamed up to add some artificial intelligence to Shutterstock’s libraries? Well, today the stock photo giant is showing us the fruits of that labor with a generative AI toolkit for creating images based on text prompts. Ingrid There is more.
  • Plugged in: BMW i Ventures receives a renewal fee from one of its new investments, a $13 million investment in Bulgaria-based Ampeco, a company that provides an electric vehicle charging management platform. Mike reports. As he notes, you may recall that BMW was an early investor in exit companies Chargepoint and Chargemaster.

Startups and VCs

Injective, a layer-1 blockchain, has launched a $150 million funding ecosystem initiative focused on building financial applications, said Eric Chen, the platform’s CEO and co-founder. Jacqueline In his article, Injective launches $150M ecosystem fund to accelerate interoperable infrastructure and DeFi adoption.

One of the most remarkable things about manufacturing robotics is the sheer breadth of tasks that can potentially be automated. Brian writes He believes the entire category is a prime target for robotics startups, as it addresses the three big Ds of automation – slow, dirty and (most often) dangerous. So, it makes sense that Bilt would buy fellow construction robotics firm, Roein.

See also  So much fintech M&A

Funny thing. There are five more, too:

When it comes to large language models, should you build or buy?

Image credit: Jenny Detrick (opens in new window) / Getty Images

Americans will spend nearly $20 billion on pizza delivery in 2021. Most people can bake one at home, but speed and convenience are powerful incentives at dinner.

The same applies for machine learning algorithms: should companies choose open source models, license large language models without modification, or customize them and pay very high usage rates?

“Even if the building looks very attractive in the long run, it requires leadership with a strong willingness to take long-term risks,” writes ML engineer Tanmay Chopra.

Three more from the TC+ team:

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Big Tech Inc.

Frederick We took a look at what Google was up to at this year’s Flutter Forward event and found that the open source framework has gained some new graphics capabilities, and Flutter is starting its first attempts at compiling WebAssembly and working on some RISC-V support. He writes, “Actually all of these capabilities still sit in canary branches and behind deployment flags, but they show that Google plans to take this project forward in the coming months.”

Now here are five more for you:


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