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AI music startup Suno claims training model on copyrighted music is ‘fair use’
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Following the recent lawsuit filed by the Recording Industry Association of America (RIAA) against music generation startups Udio and Suno, Suno admitted ...

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Intel to lay off 15,000 employees
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Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a ...

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How filming a capella concerts and dance recitals led Northzone’s newest parter Molly Alter to a career in VC
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Molly Alter wears a lot of hats. She’s a mockumentary film maker working on a project about an alternate reality where charades is big business. She’s a ...

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Sequoia-backed Knowde raises Series C at a valuation cut
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Knowde, an online marketplace for chemicals and polymers, just closed on a Series C round, TechCrunch has exclusively learned. The San Jose-based startup ...

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Boeing bleeds another $125M on Starliner program, bringing total losses to $1.6B
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Boeing has lost another $125 million on its Starliner astronaut capsule program due to delays in its first crewed flight test, which was supposed to last ...

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The EU’s AI Act is now in force
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It’s official: The European Union’s risk-based regulation for applications of artificial intelligence has come into force from Thursday, August 1, 2024. ...

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Zuckerberg says Meta will need 10x more computing power to train Llama 4 than Llama 3
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Meta, which develops one of the biggest foundational open-source large language models, Llama, believes it will need significantly more computing power to ...

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OpenAI pledges to give U.S. AI Safety Institute early access to its next model
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OpenAI CEO Sam Altman says that OpenAI is working with the U.S. AI Safety Institute, a federal government body that aims to assess and address risks in AI ...

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Meta says India is the largest market for Meta AI usage
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WhatsApp’s massive 500 million users in India have supercharged Meta’s AI ambitions. Meta CFO Susan Li said Wednesday that India is the largest market in ...

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Founder behind social media app IRL charged with fraud
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While venture capitalists and the rest of the technorati are off on holiday or attending the Paris Olympics, the U.S. Securities and Exchange Commission ...

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