Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins in the last quarter. The food delivery company’s stock fell as low as ₹374.80 ($4.29) on Thursday below its November IPO price of ₹390, […]

Meta Friday announced PARTNR, a new program designed to study human-robot interaction (HRI). The research is specifically focused on how humans and robots might collaborate in the home environment. That includes mundane tasks like cleaning, cooking, and picking up food deliveries. Automated housework is a decades-old dream, most prominently captured by The Jetsons’ Rosie. The […]

Meta is launching a new program in partnership with UNESCO to collect speech recordings and transcriptions the company said will help the development of future openly available AI. The program, the Language Technology Partner Program, is seeking collaborators who can contribute more than 10 hours of speech recordings with transcriptions, large amounts of written text, […]

India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services. The Institute for Development and Research in Banking Technology (IDRBT) will serve as the exclusive registrar for the new domain, the Reserve Bank of […]

Sprinklr has cut 15% of its workforce — around 500 employees — due to business performance not meeting expectations. © 2024 TechCrunch. All rights reserved. For personal use only.

On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest.  The tax break allows private equity and venture fund managers to treat their earnings from investments at a lower capital gains rate, rather than as ordinary income.  The removal of the tax break would be a big hit to the VC […]

OpenAI co-founder John Schulman, who left AI company Anthropic earlier this week after a mere five months, is reportedly joining former OpenAI CTO Mira Murati’s secretive new startup, per Fortune. It’s not clear what Schulman’s role there will be. Fortune wasn’t able to learn that information, and Murati has been tight-lipped about the venture since […]

A group of more than 100 organizations has published an open letter calling on the AI industry and regulators to mitigate the tech’s harmful environmental impacts just days before leading industry CEOs, heads of state, academics, and nonprofits descend on Paris for a major AI conference. The letter, which bears the signatures of prominent advocacy […]

Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025. © 2024 TechCrunch. All rights reserved. For personal use only.

According to a New York Times report, on Thursday, the U.S. government’s General Services Administration (GSA) removed the spoon emoji as an option that users of its videoconferencing platform can select to express themselves. The move comes a day after workers embraced the digital cutlery to protest the Trump administration’s “Fork in the Road” resignation […]