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.
Wonderschool, a startup that provides software and support to help individuals and local governments spin up childcare businesses, has acquired EarlyDay, which operates an early childhood educator marketplace.
TechCrunch has covered Wonderschool since its infancy, including both of its seed rounds and its Series A (led by Andreessen Horowitz).
Back in early 2022, Wonderschool raised a $25 million Series B at a $165 million post-money valuation, according to Crunchbase data.
Indeed, a quick search for “childcare crisis” will show you just how worried parents of young kids are and how strapped they are for affordable options.
If the Wonderschool-EarlyDay deal works out, we could see an increase in the supply of childcare services.
Banking-as-a-service startup (BaaS) Synctera has conducted a restructuring that has resulted in a staff reduction, the company confirmed to TechCrunch.
While Synctera did not share how many employees were impacted, a report in Fintech Business Weekly pegs the number to be about 17 people, or about 15% of the company.
Synctera built a platform designed to bring together fintech companies and sponsor banks.
Treasury Prime slashed half its 100-person staff in February, a year after it announced a $40 million Series C raise.
Meanwhile, Piermont Bank reportedly cut ties with startup Unit, FinTech Business reported.
Adobe today announced Firefly Services, a set of over 20 new generative and creative APIs, tools and services.
Firefly Services makes some of the company’s AI-powered features from its Creative Cloud tools like Photoshop available to enterprise developers to speed up content creation in their custom workflows — or create entirely new solutions.
In addition, the company also today launched Custom Models, which allows businesses to fine tune Firefly models based on their assets.
Custom Models is already built into Adobe’s new GenStudio.
In addition to these AI features, Firefly Services also exposes tools for editing text layers, tagging content and applying presets from Lightroom, for example.
Crypto exchange OKX is ceasing services for users in India, it said in an email to customers Thursday, advising them to withdraw their funds by April-end.
The move follows Apple and Google pulling the eponymous app of OKX in the country after an Indian government agency said many crypto exchanges were operating illegally in the South Asian market.
Financial Intelligence Unit, the government agency, named Binance, Kraken, Huobi and Gate.io among apps operating “illegally” in India but hadn’t named OKX in its public statement.
OKX has advised customers in India to close all their active margin positions and withdraw all funds by April 30.
While India-based crypto exchanges continued to require rigorous know-your-customer verifications before onboarding new users, the same hasn’t been true of many global platforms.
Watchworthy will now tell you which streaming services to cancel and which to keepTV recommendation app Watchworthy released two new features to give viewers access to more personalized recommendations, including a new recommendation category for streaming services and a collaborative watchlist to get movie suggestions for your entire friend group.
Watchworthy is best known for its “worthy” score, which tells you the likelihood that a TV show or movie is worth your time.
For instance, if you’re obsessed with home improvement shows, Watchworthy recommends Discovery+ as a top pick, listing it as 95-99% worthy.
As major streaming services continue increasing subscription costs, viewers are having a hard time deciding which subscription is worth investing in.
Watchworthy helps you discover over 200 streaming services, such as Netflix, Max, Disney+ Prime Video, Peacock, Paramount+, Apple TV+, and Hulu, among others.
Nala set out to offer remittance services, it’s building a B2B payment platform too It says, this is to guarantee reliability to its app users and businesses making payments into and out of AficaPayments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services.
For markets like Kenya, they have integrated with mobile money service M-Pesa enabling users living in the diaspora to pay local bills directly.
However, building the service on the payment rails of other providers meant that the fintech could not guarantee dependability.
This drove the decision to develop its own platform that directly integrates with banks and mobile money providers.
The remittance business growth coincides with reports that remittance flows to sub-Saharan Africa will continue on a growth trajectory.
Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations.
Y Combinator has listed the company as “inactive” on its on its website, something Santos could not explain.
Santos claimed that Onyx had been exploring the idea over the past year and had made developments with some partners.
Santos today declined to disclose how many banking customers Onyx had.
Although a source told TechCrunch that regulatory issues may have played a part in this decision, Santos dismissed that, telling us that no regulatory issues caused the startup to shut down its direct-to-consumer banking operations.
India’s antitrust regulator has ordered an investigation into Alphabet’s Google, alleging the U.S. tech giant abused its dominant position in the country’s online market by imposing unfair terms and discriminatory practices in its popular app store.
The order came in response to complaint filed by multiple Indian app developers and industry groups, many of whom have also publicly raised concerns about what they allege is unfair practices by Google.
CCI’s allegations centre around Google’s billing system for in-app purchases and paid apps on its Play Store.
The watchdog’s decision is the latest headache for Google in India, its biggest market by users but one where it has long faced allegations of anti-competitive practices.
The U.S. giant has previously defended its Play Store policies, saying the service fee supports its investments in Android and Play Store, allowing it to provide developers with tools and a global platform to access billions of consumers around the world.
Microsoft has revealed that it too will allow business customers to transfer data out of its Azure cloud infrastructure with no so-called “egress fees” attached, following hot on the heels of similar moves by cloud rivals AWS and Google.
The latter of these announced it was ditching egress fees in January, followed by AWS earlier this month.
Similar to rivals including AWS, Microsoft did already allow customers to transfer 100GB of data out of Azure each month for free.
This is notable, because a lot of companies will want to use some Azure services, without having to go all-in on it.
So data transfers from other Azure services, such as the Azure Content Delivery Network (CDN), will still include the standard charges.
