Made by Google 2024: Pixel 9, Gemini, a new foldable phone and more to expect from the event | TechCrunch

Made by Google 2024: Pixel 9, Gemini, a new foldable and other things to expect from the event

Google’s next major hardware event is scheduled for August 13 at 10am PTThat’s about a two-month lead over the Made By Google event, which traditionally takes place in mid-fall. The company will also, notably, announce its newest flagship, the Pixel 9, before the iPhone 16. Apple’s latest announcement is scheduled for September. Google hasn’t offered … Read more

Figma kills new AI feature after Apple controversy | TechCrunch

Dylan Field, co-founder and chief executive officer of Figma Inc., speaks during a Bloomberg Technology television interview in San Francisco, California, U.S., on Thursday, June 24, 2021. Software design company Figma has raised fresh funding at a valuation of $10 billion, quintupling its price tag since last year. Photographer: David Paul Morris/Bloomberg via Getty Images

Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter rounding up the biggest news of the week. Want it delivered to your inbox every Saturday? Sign up here. This week, Figma CEO Dylan Field said the company will temporarily disable its “Make Design” AI feature after it was accused of “heavily” training the tool … Read more

Meta’s ‘pay or consent’ model fails under EU competition rules, says Commission | TechCrunch

Meta’s ‘pay or consent’ model fails EU competition rules, Commission finds

A European Commission investigation has found that Meta’s ‘pay or consent’ offer to Facebook and Instagram users in Europe does not comply with the bloc’s Digital Markets Act (DMA), according to preliminary findings released by the regulator on Monday reported. The Commission wrote in a press release that the binary choice offered by Meta “forces … Read more

Climate TechCrunch

When it comes to building climate tech software, it may initially make sense to work on something close to carbon accounting, as the most popular software companies in the space have something to do with accounting, offsets, deletions or regulatory disclosure. A look at the sector’s startups reveals where investors are interested: New York’s Persefoni … Read more

EvolutionaryScale, backed by Amazon and Nvidia, raises $142 million for protein-generating AI | TechCrunch

Southeast Asia from space at night with city lights showing Southeast Asian cities in Thailand, Vietnam, Malaysia, Singapore and Indonesia, 3d rendering of planet Earth, elements from NASA

A relatively new startup called EvolutionaryScale has secured a huge amount of funding to build AI models that can generate new proteins for scientific research. EvolutionaryScale said Tuesday it has raised $142 million in a seed round led by ex-GitHub CEO Nat Friedman, Daniel Gross and Lux ​​Capital, with participation from Amazon and NVentures, Nvidia’s … Read more

EU accuses Microsoft of infringing competition through Teams bundling | TechCrunch

The European Union accused Microsoft on Tuesday of violating competition rules. In a formal statement of objections, the bloc said it suspects the software giant of abusing antitrust rules by bundling its real-time communications and collaboration tool Teams with popular productivity apps, including cloud-based business suites Office 365 and Microsoft 365. The EU opened an … Read more

Apple’s App Store violates EU law on digital markets | TechCrunch

People walk past an Apple Store on March 25, 2024 in Berlin, Germany.

A few months after opening a non-compliance case against Apple and the Digital Markets Act (DMA), the European Commission has shared its preliminary findings with Apple. And the bottom line is that the current App Store rules violate the DMA. Confirmed violations of the DMA can result in fines of up to 10% of global … Read more

France leads the pack for funding generative AI in Europe | TechCrunch

Digital generated image of abstract AI data chat icons flying over digital surface with codes

Love it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024. OpenAI, with the rollout of viral services like ChatGPT and billions in funding, may have absorbed the lion’s share of attention and money so far. But according to a new report from top VC Accel and Dealroom … Read more

CuspAI Raises $30 Million to Create a Gen-AI Powered Search Engine for New Materials | TechCrunch

CuspAI raises $30M to create a Gen-AI-driven search engine for new materials

The modern method of inventing new materials is to make something and then use a computer to find out whether the material turned out well. But what if you turn that around and use generative AI-driven software to design the material in the first place? That’s the premise behind Cambridge, UK-based CuspAI, which has now … Read more

Finbourne secures $70 million for technology that turns financial data dust into AI gold | TechCrunch

Closed safe in bank

Companies in areas such as financial services and insurance live and die by their data – and specifically how well they can use it to understand what people and businesses will do next, a process increasingly dominated by AI. Now a startup called Finbourne, founded out of the financial center of London, has built a … Read more