Only Products and Other Stuff

11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $50 million in Series B funding, TechCrunch has learned. The new round was led by Andreessen Horowitz, valuing the company at around $350 million, multiple sources told TechCrunch. The recent deal follows the company’s $24 million Series A, which was led by Benchmark […] © 2024 TechCrunch. All rights reserved. For personal use only.

VC Neil Mehta, the Greenoaks Capital co-founder tied to a growing number of building purchases across several blocks of San Francisco’s once-glittering Fillmore Street, defended himself on Monday via an op-ed in The San Francisco Standard, saying the moves are solely about revitalizing a “city that has given me more than I could ever give […] © 2024 TechCrunch. All rights reserved. For personal use only.

Snapchat is quietly rolling out a new “Footsteps” feature to all iOS users this week, the company confirmed to TechCrunch on Monday. The new feature, which was previously only available to Snapchat+ subscribers, uses Snap Map to let you see how much of the world you’ve explored and track where you’ve traveled to. The first […] © 2024 TechCrunch. All rights reserved. For personal use only.

Raspberry Pi, the company that sells tiny, cheap, single-board computers, is releasing an add-on that is going to open up several use cases — and yes, because it’s 2024, there’s an AI angle. Called the Raspberry Pi AI Camera, this image sensor comes with on-board AI processing and is going to cost $70. In more technical […] © 2024 TechCrunch. All rights reserved. For personal use only.

Elon Musk’s X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity.  The asset manager, which helped Musk acquire the social network formerly known as Twitter, has further reduced the value of its holding in X to a total markdown of 78.7% […] © 2024 TechCrunch. All rights reserved. For personal use only.

In September, California Governor Gavin Newsom considered 38 AI-related bills, including the highly contentious SB 1047, which the state’s legislature sent to his desk for final approval. He vetoed SB 1047 on Sunday, marking the end of the road for California’s controversial AI bill that tried to prevent AI disasters, but signed more than a […] © 2024 TechCrunch. All rights reserved. For personal use only.

California Governor Gavin Newsom has vetoed SB 1047, a high-profile bill that would have regulated the development of AI. The bill was authored by State Senator Scott Wiener and would have made companies that develop AI models liable for implementing safety protocols to prevent “critical harms.” The rules would only have applied to models that […] © 2024 TechCrunch. All rights reserved. For personal use only.