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Companies have struggled to adopt the right AI tools as the technology evolves at a far faster pace than their slow sales cycles. Corporate credit card company Brex is no different. The startup found itself facing the same issue as its enterprise counterparts. The upshot: Brex completely changed its approach to software procurement to ensure it wouldn’t get left behind. At the HumanX AI conference in March, Brex CTO James Reggio told TechCrunch that the company initially tried to assess these software tools through its usual procurement strategy. The startup quickly discovered its months-long piloting process was just not going…
Academics may be leaning on a novel strategy to influence peer review of their research papers — adding hidden prompts designed to coax AI tools to deliver positive feedback. Nikkei Asia reports that when examining English-language preprint papers available on the website arXiv, it found 17 papers that included some form of hidden AI prompt. The paper’s authors were affiliated with 14 academic institutions in eight countries, including Japan’s Waseda University and South Korea’s KAIST, as well as Columbia University and the University of Washington in the United States. The papers were usually related to computer science, with prompts that…
The main Reuters news account, as well as the Reuters World account, became inaccessible to X users in India on Saturday evening. Access was subsequently restored on Sunday. Reuters reports that Indian users attempting to view the @Reuters account — which has 25 million followers — instead saw a message stating that the account “has been withheld in IN (India) in response to a legal demand.” However, an Indian government spokesperson told TechCrunch, “There is no requirement from the Government of India to withhold Reuters handle. We are continuously working with X to resolve the problem.” A Reuters spokesperson said…
With AI igniting an investor frenzy, every month, more startups obtain unicorn status. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies like Loft Orbital and blockchain-based trading site Kalshi. This list will be updated throughout the year, so check back and see the latest powerhouse startups who are now worth over $1 billion. June Linear — $1.25 billion: This software development product management tool last raised an $82 million Series C, valuing the…
On Friday morning, Elon Musk declared, “We have improved @Grok significantly. You should notice a difference when you ask Grok questions.” While Musk didn’t say exactly what improvements to look for, he’d previously declared that xAI (which built Grok) would retrain the chatbot after it had been trained on “far too much garbage,” and he called on users at X (where Grok is heavily featured) to share “divisive facts” that are “politically incorrect, but nonetheless factually true.” (Musk recently merged the two companies.) One user subsequently asked Grok whether electing more Democrats would be a bad thing, to which it replied,…
Celebrity real estate agent Taylor Middleton, who is starring in Netflix’s new series “Selling the City,” told Fox News Digital how it felt to leave her “small-town” Tennessee life behind for the fast-paced world of Manhattan. “The X-Files” star David Duchovny has officially closed the file on his luxurious Malibu retreat. Tucked behind a private gate, the meticulously designed property sold for the hefty price tag of $10,979,100.The three-bedroom main residence features an eye-catching restored train caboose-turned guest retreat on the sprawling property. The Malibu mansion property is 3,577 square-feet, not including the train car or flex structure. ‘HOME ALONE’…
ResiClub co-founder and editor-in-chief Lance Lambert addresses mounting concerns about the housing market on ‘Making Money.’ Housing inventory in a significant number of major metropolitan areas hit levels higher than they were before the COVID-19 pandemic, according to a new report from Realtor.com. The real estate marketplace said nearly half of America’s 50 largest metros had real estate markets whose number of active listings as of May had surpassed pre-pandemic levels.The ten metro areas that had the largest jumps in active inventory from their averages in 2017-2019 all posted double-digit percentage increases, according to Realtor.com. HOUSING CRISIS DEEPENS AS 47 MAJOR…
Douglas Elliman real estate broker Noble Black highlights the contributing factors that is causing a spike in New York City luxury home sales and whether return-to-office plays a role. More luxury homebuyers are paying with cash to acquire properties this year, a report from Coldwell Banker Real Estate revealed. The company said in its “2025 Mid-Year Report” that more than half of over 200 surveyed Coldwell Banker luxury property specialists reported an uptick in wealthy buyers purchasing homes with cash. Roughly 34.1% said there has been a “slight increase” while 16.6% said there has been a “significant” rise in that method. …
Federal Reserve Chairman Jerome Powell testifies before House Financial Services Committee. Atlanta Federal Reserve President Raphael Bostic warned Thursday that he believes tariffs are likely to cause a prolonged stretch of inflation as opposed to a one-time spike in costs. Rather than “a short and simple one-time shift in prices, as standard textbook models would suggest,” Bostic said he expects changes in U.S. trade policy along with concurrent geopolitical developments to lead to “a longer period of elevated inflation” over the course of a year or more.Amid mounting pressure from President Donald Trump on the Fed to loosen its monetary…
O’Leary Ventures Chairman Kevin O’Leary and Gristedes CEO John Catsimatidis join ‘Mornings with Maria’ to discuss the latest news on the U.S. ban on TikTok and how Trump’s executive orders could affect the economy. President Trump said the United States has “pretty much” reached a deal for a company to acquire the U.S. assets of TikTok and plans to begin talks with China this week. “I think we’re going to start Monday or Tuesday … talking to China, perhaps President Xi or one of his representatives, but we would, we pretty much have a deal,” Trump told reporters on Air Force…