Author: Naveed Ahmad

Contemporary off a $350 million increase, battery recycler and cathode-maker Redwood Supplies is reportedly chopping round 5% of its workforce, in keeping with Bloomberg News. Nevada-based Redwood staff round 1,200 staff, so the cuts have an effect on just a few dozen employees. The corporate, based in 2017 by former Tesla CTO JB Straubel, initially targeted on recycling scrap from battery cell manufacturing, client electronics, and used EV batteries. The corporate extracts supplies like cobalt, nickel, and lithium from these discarded items after which sells them again to its clients, which embody Panasonic. Redwood has since added cathode manufacturing. It…

In August, dad and mom Matthew and Maria Raine sued OpenAI and its CEO, Sam Altman, over their 16-year-old son Adam’s suicide, accusing the corporate of wrongful demise. On Tuesday, OpenAI responded to the lawsuit with a submitting of its personal, arguing that it shouldn’t be held chargeable for {the teenager}’s demise. OpenAI claims that over roughly 9 months of utilization, ChatGPT directed Raine to hunt assist greater than 100 instances. However in response to his dad and mom’ lawsuit, Raine was in a position to circumvent the corporate’s security options to get ChatGPT to offer him “technical specs for…

The U.S. immigration system is advanced, onerous to navigate, and costly for immigrants. The startup JustiGuide claims it may assist with that due to an AI-powered portal. The concept is to assist immigrants within the U.S. — and finally in different nations — perceive the regulation and what visas they could be eligible for, and to attach with immigration attorneys, making the entire course of cheaper and sooner.  “I believe the extra we make the know-how accessible, I believe folks can be empowered to try to fill their very own types and perceive what their choices are and that they’ll…

Final 12 months was monumental for the AI business within the U.S. and past.  There have been 49 startups that raised funding rounds price $100 million or extra in 2024, per our rely at TechCrunch; three firms raised a couple of “mega-round,” and 7 firms raised rounds that have been $1 billion in dimension or bigger.  How will 2025 evaluate? As we enter close to the ultimate month of the 12 months, 2025 has already matched 2024 when it comes to firms elevating rounds which can be $100 million and bigger. There are additionally considerably extra firms which have raised a number of funding rounds bigger…

After The New York Occasions story was printed, Guss, Ozair, and about three dozen different folks up to date their LinkedIn profiles to record their affiliation with the Bezos enterprise. A number of of these folks additionally work at Foresite Labs.Particulars about Prometheus stay restricted. Its founding date, formal title, and headquarters haven’t been publicly recognized. However the dinner Bajaj hosted in June offered different clues.At the very least two different featured friends that night time, together with former Nvidia senior analysis scientist Kamyar Azizzadenesheli, quietly joined Prometheus early this 12 months, their newly up to date LinkedIn profiles present.Ashish…

Ten years in the past, elevating €1 million in Copenhagen was sufficient to make waves within the area’s tech scene. Right this moment, the Nordics are turning out billion-dollar corporations like Lovable — which hit $200M in income simply 12 months after launching.  Dennis Inexperienced-Lieber, founding father of AI-powered buyer intelligence platform Propane, has had a front-row seat to that shift over the past 15 years. His take? The area’s social security internet provides founders room to take actual swings with out placing their private lives on the road, and they’re accelerating sooner than Silicon Valley because of this.  Right this moment on TechCrunch’s Fairness podcast, Dominic-Madori Davis…

Tencent Hunyuan has launched HunyuanOCR, a 1B parameter imaginative and prescient language mannequin that’s specialised for OCR and doc understanding. The mannequin is constructed on Hunyuan’s native multimodal structure and runs recognizing, parsing, info extraction, visible query answering, and textual content picture translation via a single finish to finish pipeline. HunyuanOCR is a light-weight different to common VLMs corresponding to Gemini 2.5 and Qwen3 VL that also matches or surpasses them on OCR centric duties. It targets manufacturing use circumstances like doc parsing, card and receipt extraction, video subtitle extraction, and multilingual doc translation. https://github.com/Tencent-Hunyuan/HunyuanOCR/blob/essential/HunyuanOCR_Technical_Report.pdf Structure, Native Decision ViT plus…

Over 1,000 Amazon staff have anonymously signed an open letter warning that the corporate’s allegedly “all-costs-justified, warp-speed strategy to AI improvement” may trigger “staggering harm to democracy, to our jobs, and to the earth,” an inside advocacy group introduced on Wednesday.4 members of Amazon Workers for Local weather Justice inform WIRED that they started asking staff to signal the letter final month. After reaching their preliminary purpose, the group revealed on Wednesday the job titles of the Amazon staff who signed and disclosed that greater than 2,400 supporters from different organizations, together with Google and Apple, have additionally joined in.Backers…

The software program group at Common Motors has now misplaced three prime executives up to now month because the automaker — with its new chief product officer on the helm — combines its disparate know-how companies into one group. Baris Cetinok, senior vice chairman of software program and providers product administration, is leaving the corporate efficient Dec. 12, the corporate confirmed to TechCrunch. CNBC was the first to report the departure. Dave Richardson, senior vice chairman of software program and providers engineering, and Barak Turovsky, who was employed in March as head of AI on the automaker, have additionally left…

Synthetic intelligence startup xAI, based by Elon Musk, instructed metropolis and county planners in Memphis final week that it plans to construct a photo voltaic farm subsequent to its Colossus information middle — one of many world’s largest services for coaching AI fashions. The undertaking would occupy 88 acres to the west and to the south of the information middle. A 136-acre vacant lot owned by the developer that additionally owns the Colossus property at the moment borders the location. Given the proposed measurement, the photo voltaic farm would probably produce round 30 megawatts of electrical energy, solely about 10%…