Startups

Daily Crunch: Remote workspace platform Gable raises $12M Series A

Comment

Above view of mom working on the laptop computer while her daughter reading the e-learning resources on the digital tablet in the workspace at home
Image Credits: Images by Tang Ming Tung (opens in a new window) / Getty Images

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here.

TikTok just can’t dodge the watchful eyes of the watchmen: Earlier this year, Taylor reported that a string of universities banned TikTok from devices. Last week, Paul reported that the European Commission threw the kibosh on having TikTok on work devices, and today, Amanda reported that Canada followed suit for its government devices. The bans are coming down over concerns that China-based TikTok can be used to spy on its users.

Christine and Haje

The TechCrunch Top 3

  • Raise the roof: Continuing to work remotely in 2023 remains a hotly contested issue in today’s workplaces. What if we told you that Gable can give your company better remote working options? Still with us? Okay, Haje writes about how Gable raised $12 million to not only show your remote employees a nearby workplace, but also show them if any of their colleagues are there so they can connect.
  • The world in the palm of your hand: Reporting from Mobile World Congress, Brian sat down with OnePlus’ COO Kinder Liu to discuss the company’s first foldable phone.
  • Closing the feedback loop: Engaged customers are where your company can get some of its best ideas for new products. Cycle snagged $6 million to help companies collect all of that customer feedback for a more streamlined product management process, Romain writes.

Startups and VC

Bain Capital Ventures is doubling down on what works, literally, Natasha M reports. The venture firm, one of Bain’s 11 financial divisions, has raised $1.9 billion across two funds, one for seed for growth-stage startups that hovers around $1.4 billion, and one for later-stage opportunities that closed around a third of that, at $493 million.

Devin reports that the FTC, fresh off announcing a whole new division taking on “snake oil” in tech, has sent another shot across the bows of the overeager industry with a sassy warning to “keep your AI claims in check.

And we have five more for you:

Active learning is the future of generative AI: Here’s how to leverage it

Digital generated image of silhouette of male head with multicoloured gears inside on white background.
Image Credits: Andriy Onufriyenko (opens in a new window) / Getty Images

The generative AI models that have made headlines and memes in recent months weren’t cooked up in someone’s garage or basement.

“Only well-funded institutions with access to a massive amount of GPU power are capable of building these models,” says Encord co-founder Eric Landau, who recommends using the iterative process of active learning to “leapfrog the AI production gap and build models capable of running in the wild more quickly.”

In a TC+ post aimed at ML team managers, he shares tactics for leveraging active learning and addresses the perennial buy-versus-build dilemma.

Active learning is the future of generative AI: Here’s how to leverage it

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!

Big Tech Inc.

As you can see from our stories today, Brian has been writing a lot about new phones lately. In this particular article, he spoke with Nothing’s Carl Pei about the company’s expansion strategy and its upcoming Phone (2) and how it will run on Qualcomm’s Snapdragon 8 series.

Meanwhile, Microsoft is really going all in on this artificial intelligence thing for Bing. Frederic reports that the software giant brings the new Bing to Windows 11 while also launching Phone Link for iOS.

And we have five more for you:

More TechCrunch

Welcome to Week in Review: TechCrunch’s newsletter recapping the week’s biggest news. This week Apple unveiled new iPad models at its Let Loose event, including a new 13-inch display for…

Why Apple’s ‘Crush’ ad is so misguided

The U.K. Safety Institute, the U.K.’s recently established AI safety body, has released a toolset designed to “strengthen AI safety” by making it easier for industry, research organizations and academia…

U.K. agency releases tools to test AI model safety

AI startup Runway’s second annual AI Film Festival showcased movies that incorporated AI tech in some fashion, from backgrounds to animations.

At the AI Film Festival, humanity triumphed over tech

Rachel Coldicutt is the founder of Careful Industries, which researches the social impact technology has on society.

Women in AI: Rachel Coldicutt researches how technology impacts society

SAP Chief Sustainability Officer Sophia Mendelsohn wants to incentivize companies to be green because it’s profitable, not just because it’s right.

SAP’s chief sustainability officer isn’t interested in getting your company to do the right thing

Here’s what one insider said happened in the days leading up to the layoffs.

Tesla’s profitable Supercharger network is in limbo after Musk axed the entire team

StrictlyVC events deliver exclusive insider content from the Silicon Valley & Global VC scene while creating meaningful connections over cocktails and canapés with leading investors, entrepreneurs and executives. And TechCrunch…

Meesho, a leading e-commerce startup in India, has secured $275 million in a new funding round.

Meesho, an Indian social commerce platform with 150M transacting users, raises $275M

Some Indian government websites have allowed scammers to plant advertisements capable of redirecting visitors to online betting platforms. TechCrunch discovered around four dozen “gov.in” website links associated with Indian states,…

Scammers found planting online betting ads on Indian government websites

Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported…

Motional cut about 550 employees, around 40%, in recent restructuring, sources say

The deck included some redacted numbers, but there was still enough data to get a good picture.

Pitch Deck Teardown: Cloudsmith’s $15M Series A deck

The company is describing the event as “a chance to demo some ChatGPT and GPT-4 updates.”

OpenAI’s ChatGPT announcement: What we know so far

Unlike ChatGPT, Claude did not become a new App Store hit.

Anthropic’s Claude sees tepid reception on iOS compared with ChatGPT’s debut

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Look,…

Startups Weekly: Trouble in EV land and Peloton is circling the drain

Scarcely five months after its founding, hard tech startup Layup Parts has landed a $9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital and Haystack…

Founders Fund leads financing of composites startup Layup Parts

AI startup Anthropic is changing its policies to allow minors to use its generative AI systems — in certain circumstances, at least.  Announced in a post on the company’s official…

Anthropic now lets kids use its AI tech — within limits

Zeekr’s market hype is noteworthy and may indicate that investors see value in the high-quality, low-price offerings of Chinese automakers.

The buzziest EV IPO of the year is a Chinese automaker

Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent…

VC fund performance is down sharply — but it may have already hit its lowest point

The person who claims to have 49 million Dell customer records told TechCrunch that he brute-forced an online company portal and scraped customer data, including physical addresses, directly from Dell’s…

Threat actor says he scraped 49M Dell customer addresses before the company found out

The social network has announced an updated version of its app that lets you offer feedback about its algorithmic feed so you can better customize it.

Bluesky now lets you personalize main Discover feed using new controls

Microsoft will launch its own mobile game store in July, the company announced at the Bloomberg Technology Summit on Thursday. Xbox president Sarah Bond shared that the company plans to…

Microsoft is launching its mobile game store in July

Smart ring maker Oura is launching two new features focused on heart health, the company announced on Friday. The first claims to help users get an idea of their cardiovascular…

Oura launches two new heart health features

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI considers allowing AI porn

Garena is quietly developing new India-themed games even though Free Fire, its biggest title, has still not made a comeback to the country.

Garena is quietly making India-themed games even as Free Fire’s relaunch remains doubtful

The U.S.’ NHTSA has opened a fourth investigation into the Fisker Ocean SUV, spurred by multiple claims of “inadvertent Automatic Emergency Braking.”

Fisker Ocean faces fourth federal safety probe

CoreWeave has formally opened an office in London that will serve as its European headquarters and home to two new data centers.

CoreWeave, a $19B AI compute provider, opens European HQ in London with plans for 2 UK data centers

The Series C funding, which brings its total raise to around $95 million, will go toward mass production of the startup’s inaugural products

AI chip startup DEEPX secures $80M Series C at a $529M valuation 

A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of troubled banking-as-a-service startup Synapse.

Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse

The problem is not the media, but the message.

Apple’s ‘Crush’ ad is disgusting

The Twitter for Android client was “a demo app that Google had created and gave to us,” says Particle co-founder and ex-Twitter employee Sara Beykpour.

Google built some of the first social apps for Android, including Twitter and others