ZenML wants to be the glue that makes all the open-source AI tools stick together. This open-source framework lets you build pipelines that will be used by data scientists, machine-learning engineers and platform engineers to collaborate and build new AI models. The reason why ZenML is interesting is that it empowers companies so they can…
W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. As a founder, it takes conviction not to pivot when it seems that everyone else is. But what if everyone was right? Also…
In August, we reported that a four-year-old, venture-backed remodeling startup called Made Renovation was failing its customers, by their own telling. Though it marketing itself as a one-stop shop to beautify bathrooms — it offered potential customers a variety of templates, then promised to pair them with in-house project managers, help with required permits, assign…
Shadow, a cloud computing company, confirmed last week that there was a data breach that involved personal information of customers. The hacker claims that he has access to data from more than 530,000 clients. According to an email from Shadow CEO Eric Sele, the hacker managed to download this data from a software-as-a-service (SaaS) provider’s…
Flanks, a company that has developed an API for automated wealth management services, secured Series A capital of $8 million to democratize wealth management in Europe. Earlybird Venture Capital led this round, and was joined by existing investors JME Ventures & 4Founders Capital. Scalapay cofounder Raffaele Terrene and Upvest CEO and co-founder Martin Kassing participated…
Last year’s techwide reckoning continues. The tech industry has seen more than 240,000 jobs lost in 2023, a total that’s already 50% higher than last year and growing. Earlier this year, mass workforce reductions were driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups across many sectors also…
The global venture capital landscape looks quite depressing at this point in time, but fortunately, we’re seeing new and encouraging signs of life in select markets. Europe is one such market, given that the value of venture deals on the continent has been steadily crawling higher this year. Latin America, new data indicates, could be…
Good morning! We have lots of good stuff for you this Tuesday, so let’s dig right in. Up first, we surveyed six investors who are placing bets on AI. We wanted to know how startups should begin building tools for AI; whether startup-focused AI work is defensible; and how tech companies are thinking about monetization….
Nearly a year ago, developers Seth Forsgren and Hayk Martiros released a hobby project called Riffusion that could generate music using not audio but images of audio. It sounds counterintuitive (no pun intended), but it worked — my colleague Devin Coldewey got the rundown here. While their approach had its limitations, Riffusion netted Forsgren and…
Roughly eight years ago, a little-known startup called Procurify raised $4 million for its platform that hosts tools to take some of the pain out of enterprise procurement. The company never became buzzy, exactly. But Procurify grew steadily over the subsequent years, going on to raise $20 million in its Series B and today closing…