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Microsoft inks massive carbon removal deal powered by a paper mill
<p>The purchase covers 12 years of emissions from CO280’s first carbon capture project at a mill on the Gulf Coast.</p>
Rahul Patil
Apr 113 min read
Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps
<p>Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million). The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money. On the surface, […]</p>
Rahul Patil
Apr 103 min read
Amazon CEO Andy Jassy urges companies to invest heavily in AI
<p>Amazon CEO Andy Jassy thinks companies should invest “aggressively” in AI now to reap the full financial rewards in the future. In his annual letter to Amazon shareholders published Thursday, Jassy said “substantial capital” is required to keep up with the pace of AI innovation and customer demand for AI products. He added that Amazon, […]</p>
Rahul Patil
Apr 102 min read
Google thinks AI can untangle the electrical grid’s bureaucracy
<p>Google, PJM, and Tapestry announced a partnership to develop AI tools to speed interconnection requests through the queue.</p>
Rahul Patil
Apr 103 min read
Incident.io raises $62M at a $400M valuation to help IT teams move fast when things break
<p>In the world of tech, some might argue that the term of the decade is AI, but in the bigger scheme of things, beyond this single sector, the most important word may well be “resilience.” How well prepared are people, organizations, and countries for unforeseen, negative economic, geopolitical, social, and environmental developments? It’s a question […]</p>
Rahul Patil
Apr 104 min read
Nvidia’s H20 AI chips may be spared from export controls — for now
<p>Nvidia CEO Jensen Huang appears to have struck a deal with the Trump administration to avoid export restrictions on the company’s H20 AI chips. The H20, the most advanced Nvidia-produced AI chip that can still be exported from the U.S. to China, was reportedly spared thanks to a promise from Huang to invest in new […]</p>
Rahul Patil
Apr 92 min read
Ilya Sutskever taps Google Cloud to power his AI startup’s research
<p>OpenAI co-founder and former chief scientist Ilya Sutskever’s new AI startup, Safe Superintelligence (SSI), is using Google Cloud’s TPU chips to power its AI research, part of a new partnership the companies announced on Wednesday in a press release. Google Cloud says SSI is using TPUs to “accelerate its research and development efforts toward building […]</p>
Rahul Patil
Apr 92 min read


The complete agenda for TechCrunch Sessions: AI unveiled
<p>It’s been a couple of years since our last topic-focused, one-day event — but with AI transforming the tech landscape, we couldn’t miss the chance to gather 1,200 founders, CEOs, entrepreneurs, investors, and anyone shaping the future of AI for a deep dive into what’s next. On June 5 in Zellerbach Hall at UC Berkeley, […]</p>
Rahul Patil
Apr 95 min read
Tessell snags $60M to drive data management at scale
<p>Tessell, a startup developing a multi-cloud database-as-a-service, has raised $60 million in a new funding round led by WestBridge Capital ahead of its plans to expand its market presence and launch an AI-powered conversational database management service. As data becomes more critical than ever, many companies are struggling to manage and store it efficiently. Legacy […]</p>
Rahul Patil
Apr 92 min read
Google Workspace gets automation flows, podcast-style summaries
<p>Google is upgrading Workspace, its suite of cloud-based productivity tools, with new AI capabilities. The suite is gaining Workspace Flows, a tool designed to automate multistep processes such as updating spreadsheets and digging through documents for information. Flows can tap Gems, Google’s brand of custom AI-powered chatbots, to handle specialized tasks, and it can also […]</p>
Rahul Patil
Apr 92 min read
Google’s enterprise cloud gets a music-generating AI model
<p>On Wednesday, Google rolled out updates to several of its first-party media-generating AI models available through its Vertex AI cloud platform. Lyria, Google’s text-to-music model, is now available in preview for select customers, and the company’s Veo 2 video-creation model has been enhanced with new editing and visual effects customization options. The company has also […]</p>
Rahul Patil
Apr 93 min read
Gemini Code Assist, Google’s AI coding assistant, gets ‘agentic’ abilities
<p>Gemini Code Assist, Google’s AI coding assistant, is gaining new “agentic” capabilities in preview. During its Cloud Next conference on Wednesday, Google said Code Assist can now deploy new AI “agents” that can take multiple steps to accomplish complex programming tasks. These agents can create applications from product specifications in Google Docs, for example, or […]</p>
Rahul Patil
Apr 91 min read
Trump to endorse coal for data center power in the face of grim market realities
<p>An executive order will direct the federal government to list coal as a critical mineral and force some coal-fired power plants to keep generating electricity.</p>
Rahul Patil
Apr 82 min read
IBM releases a new mainframe built for the age of AI
<p>IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest version of its mainframe computer hardware. This fully encrypted mainframe is powered by an IBM Telum II processor and is designed for more than […]</p>
Rahul Patil
Apr 83 min read
IBM acquires Hakkoda to continue its AI consultancy investment push
<p>IBM on Monday said it has acquired Hakkoda, a data and AI consultancy based in New York. The acquisition would “further expand” IBM’s ability to bring consultants and AI to clients, particularly customers in industries like financial services, public sector, and healthcare and life sciences, said Mohamad Ali, SVP and head of IBM’s consulting business, […]</p>
Rahul Patil
Apr 72 min read
Intel and TSMC are reportedly launching a joint chipmaking venture
<p>Semiconductor giants Intel and TSMC are reportedly teaming up. The two firms are said to have reached a tentative agreement to create a joint venture that will operate Intel’s chipmaking facilities, according to The Information. TSMC will have a 20% stake in the new venture. Instead of funding its stake with capital, TSMC will share […]</p>
Rahul Patil
Apr 31 min read
Devin, the viral coding AI agent, gets a new pay-as-you-go plan
<p>Cognition, the startup behind the viral AI programming tool Devin, has introduced a new low-cost plan to incentivize signups. When Cognition released Devin last year, the tool quickly blew up on social media for its ability to perform certain software development tasks autonomously. But it soon became apparent that Devin struggled with more complex coding […]</p>
Rahul Patil
Apr 32 min read
Microsoft reportedly pulls back on its data center plans
<p>Microsoft has pulled back on data center projects around the world, Bloomberg reports, suggesting that the company is wary of expanding its cloud computing infrastructure too rapidly. Microsoft has halted talks for or delayed development sites of data centers in the U.K., Australia, North Dakota, Wisconsin, and Illinois, per Bloomberg. A spokesperson told the publication […]</p>
Rahul Patil
Apr 31 min read
WordPress maker Automattic lays off 16% of staff
<p>Automattic, the company behind WordPress.com, Tumblr, WooCommerce, and a range of other online services, is reducing its workforce. The layoffs will impact 16% of staff across divisions, an Automattic blog post published Wednesday reveals. Ahead of the layoffs, Automattic’s website listed 1,744 employees, which means north of 270 people may have lost their jobs. (Automattic […]</p>
Rahul Patil
Apr 23 min read
Parasail says its fleet of on-demand GPUs is larger than Oracle’s entire cloud
<p>Cloud infrastructure is dominated by several large industry players: AWS, Microsoft’s Azure, and Google Cloud. While to some it may look like AI is headed in a similar direction, the founders of Parasail think AI infrastructure will look very different — and are betting their company’s fate on it. Parasail works with dozens of providers to […]</p>
Rahul Patil
Apr 23 min read
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