Aside from the crucial omission of an Ask and Use of Funds slide, just about every slide in the deck felt almost very good — but then stumbled by overlooking an important detail. © 2024 TechCrunch. All rights reserved. For personal use only....
The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across education, law, and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and...
The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across education, law, and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and...
Rubrik’s strong IPO pricing and warm reception by the public markets after its listing add more weight to the perspective that the public markets are not as closed to tech startups as some thought. If Rubrik’s result isn’t enough to break the logjam, well, maybe there’s something...
TikTok but without the algorithm? TikTok by Meta? A new law this week puts the platform on a death watch—and none of the potential outcomes look great....
In a chaotic housing market that has shut many buyers out, fractional home ownership and investing trends are taking off....
Global Founders Capital, the Berlin-based early stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. The VC previously raised two $1 billion funds and, just a few years ago, its name...
xAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted source close to the deal. The deal – which would give investors one quarter of the company – is expected...
While both Alphabet and Microsoft boasted strong quarterly earnings, only one tech giant showed that its generative AI bet is starting to pay off....
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s sum-of-the-parts analysis. The investment bank estimates Blinkit’s implied value at 119 Indian rupees...
The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can’t require their employees, that aren’t senior executives, to wait a set amount of time before joining a competitor or launching their own company in...
Space and defense startup True Anomaly has laid off around 25% of its workforce and cancelled its summer internship program, TechCrunch has learned. © 2024 TechCrunch. All rights reserved. For personal use only....
The FCC voted 3-2 to restore net neutrality rules that had disappeared during the Trump administration....
Sanctuary AI often isn’t mentioned in the same breath as humanoid robotics firms like Boston Dynamics, Agility, Figure and 1X, but the Canadian company has been operating in the space for some time. In fact, a new robot introduced on Thursday is actually the seventh-generation...
Hurry up! Our Call for Content ends tomorrow, April 26 at 11:59 p.m. PT. If you’re a startup expert eager to lead a session at TechCrunch Disrupt on October 28-30, now’s the time to apply! Submit your proposal to speak at TechCrunch Disrupt 2024 before...
This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88% from its last primary valuation of $3.5 billion in 2019. © 2024 TechCrunch. All rights reserved. For personal use only....
Fintoc's API lets online businesses accept instant payments coming directly from the customer's bank account. This method, known as A2A, offers an alternative to credit card transactions. © 2024 TechCrunch. All rights reserved. For personal use only....
The Federal Trade Commission voted 3-2 this week to ban noncompete agreements. While the FTC estimates that nearly one in five American workers is subject to a noncompete, these agreements haven’t been a huge issue in Silicon Valley, because they’re not enforceable in California. This...
Meta’s decision to give away powerful AI software for free could threaten the business models of OpenAI and Google....
With RevenueCat Billing, essentially a web SDK, developers can accept subscription payments from any website. © 2024 TechCrunch. All rights reserved. For personal use only....
US senators have called for fresh scrutiny of crypto’s role in paying for child sexual abuse imagery online, a problem that they say has worsened....
“Teampay represents this new class of fintech companies that came up,” said Paystand CEO Jeremy Almond. © 2024 TechCrunch. All rights reserved. For personal use only....
Petlibro, pet tech startup that designs automatic food dispensers for cats, launched its first refrigerated smart feeder. © 2024 TechCrunch. All rights reserved. For personal use only....
Carv, a data layer platform that lets web3 gaming and AI companies, as well as gamers, control and monetize their data, has raised a $10 million Series A round led by Tribe Capital and IOSG Ventures. Carv’s new round comes approximately five months after it...
Two veteran security experts are launching a startup that aims to help other makers of cybersecurity products to up their game in protecting Apple devices. Their startup is called DoubleYou, the name taken from the initials of its co-founder, Patrick Wardle, who worked at the...
Generative AI has captured the public imagination with a leap into creating elaborate, plausibly real text and imagery out of verbal prompts. But the catch — and there is often a catch — is that the results are often far from perfect when you look...
WIRED found thousands of ads running on Meta’s social platforms promoting sexually explicit “AI girlfriend" apps. Some human sex workers say the platform unfairly polices their own posts more harshly....
It’s still unclear whether cloud gaming will ever become the next big thing. The appeal is clear: The game you’re playing runs in a data center near you, and the video output is directly streamed to your local device. When you interact with the game,...
The company produces plant-based ingredients from raw microalgae biomass, generated from spirulina or chlorella, that it claims is more nutritious than meat. © 2024 TechCrunch. All rights reserved. For personal use only....
Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, which competes with publicly-listed Zomato and StepStone Group-backed...