Welcome again to Week in Evaluation. This week, we’re unpacking the most recent layoffs at Mozilla, Perplexity providing to cross a picket line, and Apple warning traders that it’d by no means high the iPhone. Let’s get into it.
The Mozilla Basis laid off 30% of its workers within the second spherical of layoffs for the Firefox browser maker this 12 months. Govt director Nabiha Syed confirmed that two of the muse’s main divisions — advocacy and world applications — are “not part of our construction.” Mozilla’s communications chief, Brandon Borrman, advised TechCrunch that advocacy “remains to be a central tenet” of the corporate’s work however didn’t present specifics.
Anduril is contemplating constructing its first main manufacturing plant, a 5-million-square-foot facility often called “Arsenal-1,” in Arizona, Ohio, or Texas following its $1.5 billion spherical, in line with somebody acquainted with the matter. When TechCrunch requested an Anduril spokesperson if the protection tech firm was now selecting between these three areas for its manufacturing unit, she responded, “That’s incorrect,” however she wouldn’t specify what half precisely was incorrect.
Online game big Activision fastened a bug in its anti-cheat system that it stated affected “a small variety of reputable participant accounts” that had been getting banned due to it. However in line with the hacker who discovered the bug and was exploiting it, they had been capable of ban “1000’s upon 1000’s” of Name of Responsibility gamers, who they framed as cheaters. The hacker spoke to TechCrunch in regards to the exploit and advised their aspect of the story.
That is TechCrunch’s Week in Evaluation, the place we recap the week’s largest information. Need this delivered as a publication to your inbox each Saturday? Enroll right here.
Information
Perplexity crosses the picket line: Perplexity CEO Aravind Srinivas supplied to supply the AI firm’s providers to mitigate the impact of a strike by New York Instances tech employees, leading to many X customers chastising Srinivas for appearing as a scab. Learn extra
Nvidia turns into No. 1: Nvidia exceeded Apple’s market capitalization to turn into the world’s largest firm. On the shut of the market earlier this week, Nvidia was valued at $3.43 trillion, topping Apple’s $3.38 trillion. Learn extra
Will Apple ever high the iPhone? Apple is warning traders that its new and future merchandise would possibly by no means be as worthwhile because the iPhone. The disclosure comes as the corporate pursues AI applied sciences and mixed-reality headsets just like the Apple Imaginative and prescient Professional. Learn extra
Bowery Farming shuts down: The agtech unicorn recognized for constructing vertical farms that would produce crops is shutting down. The corporate held a number of rounds of layoffs in 2023 and was most lately valued at $2 billion in 2021. Learn extra
Our overview of ChatGPT Search: OpenAI launched its extremely anticipated search product, ChatGPT Search, final week. However is it actually the “Google killer” it was hyped as much as be? TechCrunch’s Maxwell Zeff doesn’t assume it’s but. Learn extra
Investing in “AI-powered parenting”: Might AI assist you to turn into a greater father or mother? Andreessen Horowitz companion Justine Moore launched a brand new funding thesis for the agency on X, endorsing “a brand new wave of ‘parenting co-pilots’ constructed with LLMs and brokers.” Learn extra
BP axes 18 hydrogen initiatives: Tucked inside a 32-page earnings report, oil and gasoline big BP revealed it was killing 18 early-stage hydrogen initiatives, a transfer that would have a chilling impact on the nascent hydrogen trade. Learn extra
Infinite Minecraft: AI firm Decart has launched what it’s claiming is the primary playable “open-world” AI mannequin. Known as Oasis, the mannequin powers a Minecraft-like recreation that generates frames in actual time, simulating physics, guidelines, and graphics on the fly. Learn extra
Canada units its eyes on TikTok: Canada has ordered the closure of ByteDance’s operations in Canada — particularly the workplaces of TikTok Know-how Canada, Inc. — citing nationwide safety dangers. Nonetheless, Canadians can nonetheless obtain and use TikTok. Learn extra
No Instagram till you’re 16: Australian prime minister Anthony Albanese introduced plans to ban social media for youngsters underneath 16 with no exemptions for parental consent. If handed, it could be the strictest social media ban for teenagers globally. Learn extra
Drop the GPT, it’s cleaner: OpenAI purchased Chat.com, which now redirects to ChatGPT. Final 12 months, it was reported that HubSpot co-founder and CTO Dharmesh Shah acquired the area for $15.5 million, making it one of many high two all-time publicly reported area gross sales. Learn extra
Evaluation
What Trump’s win means for Elon Musk: The billionaire CEO took a pointy swing to the correct this election to assist President-elect Donald Trump, utilizing his huge wealth, affect, and megaphone on X to affect the end result of the election. Many have predicted that there will likely be a falling-out between the 2 enormous personalities earlier than Trump’s time period is over, however as Rebecca Bellan and Aria Alamalhodaei write, Musk’s function within the presidency may mark one of the consequential cases of a businessman serving to form the coverage and rules that govern his personal companies. Learn extra
