Databricks has secured a $10 billion funding round, valuing the company at $62 billion. The funds will be used for future acquisitions, employee payouts, and global expansion.

Source: https://techcrunch.com/tag/ai/

The Department of Justice (DOJ) intends to call Dmitry Shevelenko, Chief Business Officer of AI search provider Perplexity, to testify in the ongoing antitrust case against Google. The case, which began in August, found Google has a monopoly on search. The DOJ is considering penalties, including the possibility of forcing Google to separate Chrome. Perplexity and other generative AI tools have emerged as potential alternatives to Google search, offering direct answers to complex queries.

Source: https://techcrunch.com/tag/ai/

Google's enterprise-focused AI code completion service, Code Assist, now supports third-party tools, allowing real-time data and info from outside applications to be accessed and integrated into the coding environment.

Source: https://techcrunch.com/tag/ai/

Google has updated its terms to allow customers to use its generative AI in high-risk domains like healthcare, provided a human is in the loop.

Source: https://techcrunch.com/tag/ai/

Chinese shopping app Temu reclaimed the title of most-downloaded free app in the U.S., surpassing TikTok which was banned in the country this year.

Source: https://techcrunch.com/tag/ai/

56 US startups have become unicorns in 2024, despite a tight venture capital market, with AI startups like xAI and Physical Intelligence leading the way, along with cybersecurity, health tech, and fintech companies.

Source: https://techcrunch.com/tag/ai/

Agave Games, creator of the popular mobile game 'Find the Cat', has raised $18 million in Series A funding. The startup plans to expand its team and develop new titles, with at least two more expected in the next year. The success of 'Find the Cat', which has surpassed 10 million downloads since its release in August, highlights the ongoing popularity of casual mobile games.

Source: https://techcrunch.com/tag/ai/

BlackBerry has sold its Cylance cybersecurity business to Arctic Wolf for $160 million, a significant write-down from the $1.4 billion it paid in 2018.

Source: https://techcrunch.com/tag/ai/

Turing, an AI-powered talent management platform, has secured $87 million in a Series D funding round, valuing the startup at $1.1 billion. The company aims to address the global shortage of engineering talent by using AI to source, evaluate, hire, onboard, and manage engineers remotely.

Source: https://techcrunch.com/tag/ai/

Google is working with pharmacists to develop a feature that can decipher the handwriting of doctors. The feature, currently a research prototype, allows users to take a picture of a prescription or upload one from their photo library. Once processed, the app detects and highlights the medicines mentioned in the note. The announcement was made at Google's annual conference in India.

Source: https://techcrunch.com/tag/ai/