The day's stories
FundingThis chip startup just raised $135M on a bet that AI's biggest bottleneck isn't compute -- it's memoryXCENA, a startup dedicated to enhancing AI infrastructure, has successfully raised $135 million in a Series B funding round. This funding will be directed towarTechCrunch AIMay 29· 60%Product LaunchKiwibit’s AI-powered bird feeder is my new backyard buddyKiwibit has launched an innovative AI-powered bird feeder called the Bird Feeder Pro 4K, which is designed to enhance the birdwatching experience for enthusiastTechCrunch AIMay 29· 58%OtherSo you've heard these AI terms and nodded along; let's fix thatTechCrunch has published a comprehensive glossary aimed at demystifying the complex terminology surrounding artificial intelligence. This glossary includes esseTechCrunch AIMay 29· 58%FundingCognition's Scott Wu says AI coding agents shouldn't replace humansCognition, an AI coding agent startup led by CEO Scott Wu, has successfully raised $1 billion in funding, bringing its valuation to an impressive $26 billion. WTechCrunch AIMay 29· 58%OtherCoders are refusing to work without AI — and that could come back to bite themA growing trend among developers is emerging where many are expressing a reluctance to work without the aid of AI coding tools. This shift is driven by the percTechCrunch AIMay 29· 57%FundingAfter Nvidia's $20B not-aqui-hire, AI chip startup Groq reportedly raising $650MAI chip startup Groq is in the process of raising $650 million to bolster its inference neocloud business. This funding initiative comes on the heels of a signiTechCrunch AIMay 29· 57%FundingGlean's top line crosses $300M as AI budget-cutting becomes its major selling pointGlean has reported a remarkable growth in its annual recurring revenue, surpassing $300 million, a significant increase from $100 million within just 15 months.TechCrunch AIMay 29· 57%OtherWhat happens when companies become too AI-pilled?Recent discussions among industry leaders highlight a growing concern over what has been termed 'AI psychosis,' where companies become overly reliant on artificTechCrunch AIMay 29· 56%OtherDoes your CEO have AI psychosis? Aaron Levie thinks most of them do.Aaron Levie, the founder of Box, has raised concerns about what he terms 'AI psychosis' among CEOs, suggesting that many leaders are misinterpreting the impact TechCrunch AIMay 29· 56%