Meta rethinks smart glasses with Orion

Meta rethinks smart glasses with Orion

Meta Connect 2024 was this week, showcasing new hardware and software to support two of the company’s big ambitions: AI and the metaverse. CEO Mark Zuckerberg announced new Quest headsets, updates to Meta’s Llama AI model, and real-time video capabilities of Ray-Ban Meta smart glasses. The biggest reveal, though, was Orion, a true AR glasses … Read more

Meta offers a glimpse through its supposed iPhone killer: Orion

Meta offers a glimpse through its supposed iPhone killer: Orion

For years, Silicon Valley and Wall Street have questioned Mark Zuckerberg’s decision to invest tens of billions of dollars into Reality Labs. This week, Meta’s wearables division unveiled a prototype of its Orion smart glasses, a form factor the company believes one day could replace the iPhone. That idea sounds crazy… but maybe a little … Read more

VCs expect a surge in startups offering lower rate mortgages, other loans now that the Feds cut rates

VCs expect a surge in startups offering lower rate mortgages, other loans now that the Feds cut rates

When the U.S. Feds cut interest rates by half a percentage point last week, it was a dash of good news for venture capitalists backing one particularly beleaguered class of startups: fintechs, especially those that rely on loans for cash flow to operate their businesses.  These companies include corporate credit card providers like Ramp or … Read more

Why Index Ventures is bulking up its investment team in NYC

Why Index Ventures is bulking up its investment team in NYC

While online discourse would make it seem that venture has retreated to the Bay Area, with San Francisco being the most important place to build a startup, Index Ventures is looking to bulk up its New York-based investing team. The firm is currently looking to hire another New York-based investor with plans to add three … Read more

Last Hours to Snag up to $600 Off Disrupt 2024 Passes

Last Hours to Snag up to 0 Off Disrupt 2024 Passes

We’re in the final hours to save up to $600 on TechCrunch Disrupt 2024 tickets! Grab your tickets now and seize this final opportunity for major savings before the countdown to Disrupt 2024 starts. This special discount offer ends tonight at 11:59 p.m. PT. Join a global community of over 10,000 tech, startup, and VC … Read more

Amazon dodges antitrust scrutiny in UK over Anthropic investment

Amazon dodges antitrust scrutiny in UK over Anthropic investment

The U.K.s’ antitrust authority has concluded that Amazon’s partnership and equity investment in AI startup Anthropic can’t be investigated under current merger rules due to the size and scope of the deal. The U.K. Competition and Markets Authority’s (CMA) announcement comes six months to the day after news emerged that Amazon had completed a $4 … Read more

A Russian warlord said he’ll take Cybertrucks into Ukraine; some experts think that’s unwise

A Russian warlord said he’ll take Cybertrucks into Ukraine; some experts think that’s unwise

In August, a Russian warlord posted a video on Telegram, showing a pair of Cybertrucks patrolling a road in Chechnya, armed seemingly with heavy machine guns. Leaving aside unanswerable (for now) questions about how the vehicles were obtained, Wired thought it worth digging into whether a Cybertruck actually makes sense as a “technical,” the term … Read more