Alongside Shane Legg and Mustafa Suleyman, who Microsoft hired from AI startup Inflection AI last week, Hassabis founded DeepMind out of London in 2010.
So it does make sense that the U.K. would seek to honor one of its most high-profile AI figureheads.
Other notable figures from the technology world to receive knighthoods include Apple’s Jonathan “Jony” Ive back in 2011 for “services to design and enterprise.”Delighted and honoured to receive a Knighthood for services to AI.
It’s been an incredible journey so far building @GoogleDeepMind over the past 15 years, helping accelerate the field and grow the UK & global AI ecosystems.
the king or queen at that given time — technically making the final decision on who receives them.
Bumble’s new CEO talks about her critical mission: to spice things up at the company Tis the season for turnaround CEOsSince Bumble’s blockbuster IPO at the height of the pandemic, investors’ ardor with the dating service has cooled.
Part of it ties to AI, which Bumble’s rivals are also leaning into more heavily.
But as we approach our 10-year anniversary, it’s a great moment to think about how we best serve our mission.
Historically, what we’ve seen is that a lot of men will come to Bumble who believe in women being empowered.
Bumble has always been great at community-based marketing: hosting events and finding ambassadors who really want to represent the brand.
Hardware maker Rabbit has tapped a partnership with ElevenLabs to power voice commands on its devices.
The Rabbit r1 will ship with ElevenLabs’ tech, which will enable voice commands from the users and how the pocket AI device talks back to them.
ElevenLabs said that while r1 was poised for voice interaction from the start, the company’s low latency models will make interactions more human-like.
Our collaboration is about making the r1 a truly dynamic co-pilot, ” ElevenLabs’ CEO Mati Staniszewski said in a prepared statement.
In January, Rabbit said that it will use Perplexity AI’s solutions to answer users’ questions on the device.
What do you call an AI company that is suffering from very public gyrations regarding its business health, place in the market, and leadership structure?
Well, you might call it Stability AI.
Stability AI’s latest leadership shakeup is no joke, with its CEO Emad Mostaque departing to work on AI products that are less centralized — which is to say, owned and built by a single company, like, say, Stability AI.
The startup’s fundraising journey is well-known to tech folks, while its best-known product — Stable Diffusion — is known even more broadly.
We dig into all that and more in today’s TechCrunch Minute:
Maju Kuruvilla is no longer CEO of one-click checkout company Bolt.
Kuruvilla didn’t have much to say about the change but did confirm it both on LinkedIn and X, by posting, simply “One-Click Checkedout from @bolt!
Kuruvilla, the former Amazon executive, took over as CEO in January 2022 after founder Ryan Breslow stepped down.
That is when Bolt was seeking a $355 million Series E round that valued the company at $11 billion.
More recently, Bolt signed a deal with Checkout in which Bolt became Checkout.com’s “exclusive one-click checkout provider” and Checkout.com becoming “Bolt’s preferred payment partner.”Want more fintech news in your inbox?
Boeing CEO to leave company by year-end, after a wave of safety incidentsBoeing’s chief executive Dave Calhoun will leave the plane-maker by the end of 2024, according to the company.
Boeing operates an innovation acceleration programme aimed at startup’s called Aerospace Xelerated, formerly known as the Aerospace Technology Institute (ATI).
It is also surrounding by a large ecosystem of aerospace startups that engage with the company.
TechCrunch has reached out to Aerospace Xelerated for comment.
In a company statement, Calhoun said he planned to “complete the critical work underway to stabilize and position the company for the future” over the coming months.
Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and the unicorn startup‘s board, the buzzy firm said Friday night, making it the second hot AI startup to go through major changes this week.
Stability AI, which has lost more than half a dozen key talent in recent quarters, said Mostaque is stepping down to pursue decentralized AI.
In a series of posts on X, Mostaque opined that one can’t beat “centralized AI” with more “centralized AI,” referring to the ownership structure of top AI startups such as OpenAI and Anthropic.
“We should have more transparent & distributed governance in AI as it becomes more and more important.
“The payoffs on proper generative AI R&D are clearer and faster to market than just about anything we’ve seen.
Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the company’s flagship all-electric Endurance pickup truck.
The SEC charged Lordstown Motors in February 2024 with misleading investors about the sales prospects of its Endurance electric pickup truck.
Lordstown Motors was founded in April 2019 as an offshoot of Burns’ other company, Workhorse Group.
During and after the merger, Lordstown received $780 million from investors, according to the SEC.
Lordstown Motors attracted the attention and investment of GM and even acquired the 6.2 million-square-foot assembly plant in Lordstown, Ohio from the automaker.
“And the product was electricity.”He was comparing this — turning raw material into something else that have value — to the notion of data centers, which are purely money pits.
“There’s a new Industrial Revolution happening in these [server] rooms: I call them AI factories,” Huang said.
“The raw material that goes in is data and electricity.
It’s very valuable.”The distinction makes a lot of sense in a world where Nvidia benefits tremendously if it can persuade companies to think of data centers and AI tools in a different way.
“The last time, data centers went into your company’s cost centers and capital expenditure.
Despite all that growth, Eric Gylman, the co-founder and CEO of Ramp thinks that the industry, and companies like his, are just scratching the surface.
Glyman and his current co-founder Karim Atiyeh launched their first fintech startup, Paribus, back in 2014.
The company raised a mere $2 million before getting snapped up by Capital One.
When the team was building Paribus, the generative AI technology to craft the emails was still relatively rudimentary and the rest of the company’s AI technology was built on very simple language models.
The startup has raised more than $1.7 billion from venture capitalists and was last valued at $5.8 billion in August 2023.
