Tuesday, October 31, 2023

Who’s going (and who’s not) to the AI Safety Summit at Bletchley Park?

Ahead of the AI Safety Summit starting tomorrow morning taking place outside of London in Bletchley Park, today, the U.K. government has confirmed more details about who is actually going to be attending the event. The list’s publication comes after weeks of speculation and criticism that the event’s line up — both in terms of […]

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WeWork reportedly on the verge of filing bankruptcy, stock plummets

WeWork is on the verge of filing for Chapter 11 bankruptcy in New Jersey, according to sources cited by The Wall Street Journal. If WeWork does indeed file, it shouldn’t come as a shock to close followers of the flexible workspace provider. WeWork warned in August in its second-quarter earnings that “substantial doubt exists about the […]

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Guidde’s AI automatically generates software documentation videos

Organizations today rely on a growing number of apps to get work done. According to Statista, in 2022, companies were licensing an average of 130 software-as-a-service (SaaS) apps, up from just 8 in 2015. What that means for employees, generally, is more work — more work getting up to speed with the various tools, reading […]

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Cambrium aims to one-up nature with designer proteins that scale sustainably

Nature has done a hell of a job over the last few billion years, but there’s always room for improvement. The proteins in our bodies are great but not always the easiest to produce or package — so Cambrium is looking to design improved molecules that work in similar ways, but can be made at […]

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Brazilian fintech QI Tech lands $200M led by General Atlantic

Brazilian banking-as-a-service startup QI Tech has raised $200 million in a Series B round of funding led by New York-based General Atlantic. Founded in 2018 by Pedro Mac Dowell, Marcelo Bentivoglio and Marcelo Buosi, QI Tech is an infrastructure platform enabling the development of credit, payment, and banking solutions through a modular API. It also […]

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SkyCell raises $57M at a $600M valuation to build smart containers for pharmaceutical transport

The Covid-19 pandemic put a spotlight on how critical the development and distribution medicine can really be. Vaccines for the coronavirus typically needed to be kept at very specific temperature controls to remain active, so getting them to where they needed to be in temperature-safe condition became nearly as important as making them at all. […]

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Egyptian healthtech Almouneer raises $3.6M to scale its platform for treating diabetes and obesity

Obesity and prediabetes are major health concerns in Africa and the Middle East, affecting over 40% of the population. In Egypt, 20% of adults have diabetes; the figure in Saudi Arabia is 30%. In Nigeria, 1 in 17 adults has diabetes. The issue of prediabetes and obesity is even more widespread. Yet, it’s essential to […]

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Apple’s Journal app has arrived – here’s what’s good and bad

Having used Journal for a few days now, I feel confident saying that Day One is not staring down an existential threat — at least not yet. Keep in mind we’re talking about Apple has a well-known history of Sherlocking new apps with feature updates (it was, after all, the company that gave rise to […]


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Monday, October 30, 2023

Indian opposition leaders say Apple has warned them of state-sponsored iPhone attacks

Apple has warned at least six Indian politicians and other members of political parties and one journalist of their iPhones being targets of state-sponsored attacks, these people said Tuesday. Shashi Tharoor of the opposition Congress party, Mahua Moitra, a national lawmaker with the regional opposition All India Trinamool Congress, Priyanka Chaturvedi of Shiv Sena, a […]

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Hexa, the startup studio behind Front, Spendesk and Aircall, unveils its next batch of startups

Hexa, the Paris-based startup studio that started its life as eFounders, just shared a list of the six next companies that will emerge from the studio. It’s an interesting mix of enterprise SaaS startups with a blockchain data startup thrown into the mix. And given eFounders’ track record, it’s always interesting to see the ideas […]

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5 things we learned so far about the Google antitrust case

Google CEO Sundar Pichai testified Monday in the U.S. government’s antitrust trial against the company. The executive defended Google’s business tactics, including its deal with Apple and other partners to make Google the default search engine. In January, the Department of Justice, along with eight states including New York, California and Colorado, demanded a jury […]

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Apple’s October Scary Fast Event: Everything revealed about the new MacBook Pro, iMac and M3 chips

It’s time for another Apple event, with a spooky twist. The company announced a surprise “Scary Fast” event last week, prompting the rumor mill to speculate that Apple would be revealing new chips to power a new lineup of Macs. As our resident Apple expert Brian Heater wrote, a new 24-inch iMac and a MacBook […]

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Apple’s October Scary Fast Event: Everything revealed about the new MacBook Pro, iMac and M3 chips

It’s time for another Apple event, with a spooky twist. The company announced a surprise “Scary Fast” event last week, prompting the rumor mill to speculate that Apple would be revealing new chips to power a new lineup of Macs. As our resident Apple expert Brian Heater wrote, a new 24-inch iMac and a MacBook […]

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Apple brought back the best Mac colorway with the new M3 MacBook Pro

Apple has a new range of updated MacBook Pro notebooks, and while they get a pretty nice internal upgrade courtesy mostly of the new M3 processor lineup, the big news for aesthetes is on the outside – in addition to the existing silver and space gray colors, there’s a new space black that is just […]

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Apple’s M3, M3 Pro and M3 Max 3-nanometer chips arrive with a big graphics boost

We felt fairly confident that we would see at least one piece of next-gen Apple silicon as part of tonight’s Scary Fast event. But how’s this for an early Halloween surprise: We just got three new M3 chip models. It’s a sizable shakeup of the company’s standard release schedule. The news follows months of rumors […]

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Apple’s October Scary Fast Event: Everything announced so far

It’s time for another Apple event, with a spooky twist. The company announced a surprise “Scary Fast” event last week, prompting the rumor mill to speculate that Apple would be revealing new chips to power a new lineup of Macs. As our resident Apple expert Brian Heater wrote, a new 24-inch iMac and a MacBook […]

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Existential risk? Regulatory capture? AI for one and all? A look at what’s going on with AI in the UK

The promise and pitfall of artificial intelligence is a hot topic these days. Some say AI will save us: it’s already on the case to fix pernicious health problems, patch up digital divides in education, and do other good works. Others fret about the threats it poses in warfare, security, misinformation and more. It has […]

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Apple’s Journal app has arrived – here’s what’s good and bad

Having used Journal for a few days now, I feel confident saying that Day One is not staring down an existential threat — at least not yet. Keep in mind we’re talking about Apple has a well-known history of Sherlocking new apps with feature updates (it was, after all, the company that gave rise to […]

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Shein adds struggling UK brand Missguided to its fashion empire

Shein, the fast fashion giant that has thrived on its nimble supply chain in China, is expanding its product range by scooping up competitors. In a statement released on Monday, the Singapore-headquartered firm announced its acquisition of Missguided, a struggling fashion brand based out of Manchester, U.K., for an undisclosed amount from Fraser Group. This […]

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Web Summit names ex-Wikimedia CEO, Katherine Maher, to take over in wake of Cosgrave controversy

Web Summit has named a new CEO: Katherine Maher — previously CEO and executive director of the Wikimedia Foundation (between 2019 and 2021). Maher is also chair of the board of the foundation behind the private messaging app, Signal; and holds various other board and fellowship positions — including on the Atlantic Council and the Truman […]

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Cruise hits the brakes on driverless, UAW makes progress and more EV backpedaling

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […]

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Posts with misinformation on X become ‘ineligible for revenue share’ says Musk

X posts that are corrected by Community Notes, the platform’s crowd-sourced fact-checking system, will become “ineligible for revenue share,” Elon Musk said Sunday. “The idea is to maximize the incentive for accuracy over sensationalism,” he wrote. The billionaire executive also noted that any attempts to “weaponize Community Notes to demonetize people will be immediately obvious, […]


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A look at how one fintech CEO’s PR decision backfired

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled one CEO’s big PR flub, one firm’s new infusion of capital for early-stage fintech startups and […]


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Sunday, October 29, 2023

Korean Investment Partners is the latest Korean VC firm to launch a Southeast Asia fund

More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. The latest one is KIPSEA. Short for Korean Investment Partners Southeast Asia, KIPSEA has a Singapore-based team and just announced its first fund close of $60 million. Limited partners come from South Korea, Hong Kong and […]

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A look at how one fintech CEO’s PR decision backfired

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled one CEO’s big PR flub, one firm’s new infusion of capital for early-stage fintech startups and […]

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Amazon’s Tye Brady discusses generative AI, humanoid robots and mobile manipulation

A version of this post first appeared in TechCrunch’s weekly robotics newsletter, Actuator. Subscribe here. Last week was a busy one for robotics. We had RoboBusiness in the Bay, ROSCon in New Orleans and Amazon’s Delivering the Future event in Seattle. I ended up choosing the latter, as I’d gotten quite a bit out of […]


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Saturday, October 28, 2023

MarketForce exits three markets, set to launch a social commerce spinout

Kenyan B2B e-commerce company MarketForce has shut down operations in three of its five markets in Africa and is in the early stages of launching a social commerce spinout. TechCrunch has learned that MarketForce’s super-app dubbed RejaReja, which enable informal retailers (mom-and-pop stores) to order fast moving consumer goods (FMCGs) order directly from distributors and […]

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Amazon’s Tye Brady discusses generative AI, humanoid robots and mobile manipulation

A version of this post first appeared in TechCrunch’s weekly robotics newsletter, Actuator. Subscribe here. Last week was a busy one for robotics. We had RoboBusiness in the Bay, ROSCon in New Orleans and Amazon’s Delivering the Future event in Seattle. I ended up choosing the latter, as I’d gotten quite a bit out of […]

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Friday, October 27, 2023

Catching up with Keith Rabois on the state of VC, his newest bet, and who he’s backing for president

Chances are that however busy you are, Keith Rabois is busier. He’s an active investor as a general partner at Founders Fund, the early-stage outfit co-founded 18 years ago by Peter Thiel. He’s also the CEO of OpenStore, the company that he co-founded in 202 to acquire and scale commerce brands on Shopify’s platform. And […]

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Twitch’s CMO says competition from rival platforms is good for creators

Though attendees grumbled about Las Vegas as a city, the community sentiment at this year’s TwitchCon was notably more optimistic than it was at last year’s convention. TwitchCon 2023 closed out a tense year for the platform, which was punctuated by rounds of layoffs, unpopular policy decisions and the sting of competitors poaching major streamers […]

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‘Stop the AV disaster’: Teamsters local and rideshare drivers join forces

Two of the biggest groups to oppose robotaxi expansion in California are now formally working together. Teamsters 856, which is tied to one of the longest-standing labor unions in the U.S., and Rideshare Drivers United (RDU), a group that advocates for app-based workers, said on Friday that they’ll work together to push for “responsible guardrails […]

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A group behind Stable Diffusion wants to open source emotion-detecting AI

In 2019, Amazon upgraded its Alexa assistant with a feature that enabled it to detect when a customer was likely frustrated — and respond with proportionately more sympathy. If a customer asked Alexa to play a song and it queued up the wrong one, for example, and then the customer said “No, Alexa” in an […]

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Tata to start manufacturing iPhones in India

Tata Group will start making iPhones in India for the local and global markets, India’s Deputy IT Minister Rajeev Chandrasekhar said on Friday, after the Taiwanese firm Wistron entered a deal with the salt-to-tech conglomerate. Tata Group has acquired Wistron InfoComm Manufacturing (India) Pvt for $125 million, the Taiwanese firm said in a stock exchange […]

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A year after Musk’s takeover, X says an average user spends 32 minutes per day on the platform

On the eve of the one-year anniversary of Musk taking over Twitter (now X), the company published a retrospective blog post examining how it has fared under the new management. There are a lot of numbers in the post, but one that sticks out is a claim that an average user spends 32 minutes on […]

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ABL Space Systems provides update on the road to second RS1 launch

ABL Space Systems has been quiet since the company conducted its first launch attempt in January, which resulted in the rocket crashing back down to Earth a little over 10 seconds after liftoff. Now we know why: They have been very, very, very busy. In a detailed blog post on Wednesday, CEO Harry O’Hanley described […]


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Thursday, October 26, 2023

Cruise pauses all driverless robotaxi operations to ‘rebuild public trust’

Cruise said Thursday evening it has paused all driverless operations, a decision that comes just two days after the California Department of Motor Vehicles suspended Cruise’s deployment and driverless testing permits effectively ending its robotaxi operations in the state. The action means that driverless operations in Austin, Houston and Phoenix where the company was charging […]

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Ford delays $12B in EV investments as automaker wrestles with demand

Ford is delaying about $12 billion in planned investments on EVs, including construction of a second battery plant with joint venture partner SK On due to softening demand for higher priced premium electric vehicles.  CFO John Lawler emphasized Thursday during the company’s third-quarter earnings call that the company wasn’t backing away from its next-generation EV […]

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Twitch’s money guy talks about the revenue split controversy and its monetization long game

Twitch has had a tense year, in part due to community backlash over policy changes that affect the way creators can monetize their content.  Last year, the company announced that it would end the 70/30 subscription revenue split deal that it had offered select streamers in favor of prioritizing ad revenue. In June, Twitch launched […]

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Zuckerberg says Threads has a ‘good chance’ of reaching 1 billion users in a few years

Meta said today that its text-based social network Threads has under 100 million monthly users three months after its launch. Mark Zuckerberg noted during the company’s latest earnings call that the social networking giant is happy with Threads’ progress — with the current growth rate, it could achieve the mark of a billion users in […]

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ULA aims to launch Astrobotic lunar lander on Christmas Eve

Pittsburgh-based Astrobotic’s first lunar lander is set to take off on United Launch Alliance’s new Vulcan Centaur rocket on Christmas Eve, ULA CEO Tory Bruno said. Bruno told the audience at the CNBC Technology Executive Council Summit that the rocket company is targeting between December 24 and December 26 for the first-ever Vulcan launch. “The […]


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Ford and UAW negotiators reach ‘tentative agreement’ to end strike

Ford has reached a “tentative agreement on a new labor contract” with the United Auto Workers (UAW) union for the automaker’s U.S. operations. The UAW began its strike of the Detroit Three automakers — Ford, Stellantis and General Motors — in mid-September. If successful, Ford will be the first of the three to settle the […]


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Electron will likely return to the skies before the year is out, Rocket Lab says

Rocket Lab’s Electron rocket will likely return to flight before the year is out, though work remains to be complete before missions can resume, according to a new statement released Wednesday. Rocket Lab said it had received authorization from the Federal Aviation Administration to resume Electron launches from the company’s New Zealand launch complex, but […]


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TwitchCon 2023 was better than last year, but everyone hated Las Vegas

Compared to the shitshow that went down last year, TwitchCon Las Vegas was largely a success. The problem? Nobody liked Las Vegas.  This year’s TwitchCon appeared to mitigate last year’s crowding issues and concluded without any foam pit tragedies. The fraught relationship between Twitch and its streamers is on the mend after the company opened […]


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Why 42 states came together to sue Meta over kids’ mental health

Attorneys general from dozens of states sued Meta this week, accusing the company of deliberately designing its products to appeal to kids to the detriment of their mental health. In the lawsuit, filed in California federal court Tuesday, 33 states including California, Colorado, New York, Arizona and Illinois argue that Meta violated state and federal […]


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AMD and Korean telco KT back AI software developer Moreh in $22M Series B 

Advanced Micro Devices (AMD) and Korean telco KT are among the investors of Moreh, which builds an AI software tool that optimizes and creates AI models. The Santa Clara- and Seoul-based startup said it has raised a $22 million Series B round, bringing its total raised to $30 million. Moreh says its flagship AI software, called […]


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Carta’s CEO reaches out to customers about bad press, alerting them to bad press

In an attempt at damage control, the CEO of the equity management startup Carta, Henry Ward, today emailed customers, telling them that if they are concerned about “negative press” tied to the outfit, they should read a Medium post of his. The move appeared only to call more attention to the many reported problems plaguing […]


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Wednesday, October 25, 2023

Will X’s addition of audio and video calling create stickiness in the app?

Elon Musk announced Wednesday that an early version of video and audio calling is now available on X, formerly known as Twitter. The move is another step towards Musk’s goal of turning X into an “everything app” that can handle everything from online payments to news to food delivery. Not all users can access it […]

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ULA aims to launch Astrobotic lunar lander on Christmas Eve

Pittsburgh-based Astrobotic’s first lunar lander is set to take off on United Launch Alliance’s new Vulcan Centaur rocket on Christmas Eve, ULA CEO Tory Bruno said. Bruno told the audience at the CNBC Technology Executive Council Summit that the rocket company is targeting between December 24 and December 26 for the first-ever Vulcan launch. “The […]

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Ford and UAW negotiators reach ‘tentative agreement’ to end strike

Ford has reached a “tentative agreement on a new labor contract” with the United Auto Workers (UAW) union for the automaker’s U.S. operations. The UAW began its strike of the Detroit Three automakers — Ford, Stellantis and General Motors — in mid-September. If successful, Ford will be the first of the three to settle the […]

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Electron will likely return to the skies before the year is out, Rocket Lab says

Rocket Lab’s Electron rocket will likely return to flight before the year is out, though work remains to be complete before missions can resume, according to a new statement released Wednesday. Rocket Lab said it had received authorization from the Federal Aviation Administration to resume Electron launches from the company’s New Zealand launch complex, but […]

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TwitchCon 2023 was better than last year, but everyone hated Las Vegas

Compared to the shitshow that went down last year, TwitchCon Las Vegas was largely a success. The problem? Nobody liked Las Vegas.  This year’s TwitchCon appeared to mitigate last year’s crowding issues and concluded without any foam pit tragedies. The fraught relationship between Twitch and its streamers is on the mend after the company opened […]

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Why 42 states came together to sue Meta over kids’ mental health

Attorneys general from dozens of states sued Meta this week, accusing the company of deliberately designing its products to appeal to kids to the detriment of their mental health. In the lawsuit, filed in California federal court Tuesday, 33 states including California, Colorado, New York, Arizona and Illinois argue that Meta violated state and federal […]

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AMD and Korean telco KT back AI software developer Moreh in $22M Series B 

Advanced Micro Devices (AMD) and Korean telco KT are among the investors of Moreh, which builds an AI software tool that optimizes and creates AI models. The Santa Clara- and Seoul-based startup said it has raised a $22 million Series B round, bringing its total raised to $30 million. Moreh says its flagship AI software, called […]

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Carta’s CEO reaches out to customers about bad press, alerting them to bad press

In an attempt at damage control, the CEO of the equity management startup Carta, Henry Ward, today emailed customers, telling them that if they are concerned about “negative press” tied to the outfit, they should read a Medium post of his. The move appeared only to call more attention to the many reported problems plaguing […]

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Amazon brings conversational AI to kids with launch of ‘Explore with Alexa’

Amazon’s Echo devices will now allow kids to have interactive conversations with an AI-powered Alexa via a new feature called “Explore with Alexa.” First announced in September, the addition to the Amazon Kids+ content subscription allows children to have kid-friendly conversations with Alexa, powered by generative AI, but in a protected fashion designed to ensure […]

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Coach’s knitwear supplier bets $1M on Jellibeans’ fashion prediction tech

In fashion design, success is often determined by talent, hard work and a sprinkle of luck. In the era of big and artificial intelligence, however, fashion design has become somewhat more predictable. Leveraging both realms of technologies, California-based Jellibeans has built a set of software that analyzes fashion trends and tells users where their designs […]

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AWS announces ‘sovereign cloud’ to support data residency in Europe

Amazon is joining the list of big tech companies to introduce a dedicated independent cloud for Europe, with news that it’s working on the “AWS European Sovereign Cloud” for governments and highly-regulated industries across Europe. AWS’s cloud rival Google partnered with Deutsche Telekom’s IT services and consulting subsidiary T-Systems more than two years ago to offer […]

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Google is actively looking to insert different types of ads in its generative AI search

Google confirmed on its earnings call that it is working on different ad formats for its generative AI-powered search experience — Google shared some ideas earlier this year and the mention in the earnings call could indicate that a rollout could happen sooner rather than later. This project is particularly important for the company as […]

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Sukhiba eyes expansion to power WhatsApp conversational commerce in Africa

The social commerce market size in Africa is expected to continue growing as businesses and micro-entrepreneurs embrace digital media, driven by the rising usage of apps like WhatsApp, TikTok and Instagram. Yet even as sellers leverage these social sites for online presence to showcase their products and connect with customers, the end-to-end buying experience is […]

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Lab-grown leather scales up as Gozen raises $3.3M from Happiness Capital, SoSV and others

Whether we like it or not, the leather industry significantly contributes to greenhouse gas (GHG) emissions and global waste generation. The current methods used to fulfil the increasing demand for leather involve a fairly simple, and completely unsustainable solution: simply raising more livestock (which contribute about 14% of global greenhouse gas emissions). However, there are […]

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Adapting to the climate crisis with Jonas Torland from 7Analytics

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom talk about the seemingly endless slate of rainy Saturdays here on the east coast. Thankfully, this episode’s guest, Jonas Torland of 7Analytics, is helping us feel a little less gloomy about the current effects of climate change. Bergen, […]


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Tuesday, October 24, 2023

Triple-A gets funding from Peak XV to help more businesses use crypto

Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions for businesses. It enables clients to pay in or accept crypto and get fiat money in their bank accounts the next day. Triple-A announced today it has raised […]

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California agency pulls Cruise’s commercial robotaxi permit following DMV action

The California Public Utilities Commission has suspended Cruise’s authority to carry and charge passengers for its robotaxi service, following similar action from the state’s Department of Motor Vehicles. The CPUC is also “independently carrying out investigatory activities into recent incidents involving passenger service,” Terrie Prosper, director of news and outreach at the CPUC, told TechCrunch. […]

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Robotaxi pushback grows in Los Angeles as Cruise loses permits

Less than a month after Waymo’s Los Angeles County expansion, labor organizers and an LA lawmaker are calling for new autonomous-vehicle regulations. On Tuesday, the office of LA Councilmember Hugo Soto-Martínez said he will introduce a motion “urging officials in the state to address public safety concerns around autonomous vehicles and reign in the expansion […]

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WorkMagic wants to automate all the marketing tasks for Shopify sellers

There’s no shortage of startups trying to automate marketing tasks by using generative AI. For WorkMagic, the target users are the millions of small-scale Shopify sellers who it believes can benefit immensely from cost savings in their marketing efforts. Founded in June, WorkMagic offers a full-stack platform that handles everything from image and copy generation […]

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D-ID’s newest app uses AI to make videos from photographs

D-ID, the Tel Aviv-based startup best known as the tech behind those viral videos of animated family photos, is bringing its AI video technology to a new mobile app, launching today. Originally available as a web platform, D-ID’s Creative Reality Studio allows users to upload a still image and script and then turn that into […]

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In the wake of Dash’s closure due to fraud, 5 investors talk due diligence in Africa

It’s been a tough year for tech startups globally. These struggles have manifested in layoffs, down rounds and complete shutdowns caused by current market conditions, utter mismanagement or fraud. This August, SoftBank sued one of its portfolio companies, IRL, a social media platform poised to become an event organizing alternative for Gen Zs, for fraud. Earlier […]

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New solar mini-grids in Africa to be powered by Husk Power Systems’ $103M Series D

Husk Power Systems, a clean energy company at the forefront of fueling rural electrification since 2008 and that announced plans to launch 500 solar mini-grids in Nigeria over the next five years, has raised $103 million Series D in equity and debt to meet its objectives. The capital injection includes $43 million in equity, which […]

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Monday, October 23, 2023

Byju’s CFO quits in seven months

Ajay Goel, who joined Byju’s as CFO in April this year, has already quit the edtech giant, the two said Tuesday. Goel will leave the firm after “completing the audit formalities” for the financial year ending March 2022 and return to mining conglomerate Vedanta, Byju’s said. Byju’s said it has appointed industry veteran Pradip Kanakia […]

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Two years after pausing service, Roblox China cuts a small number of staff

Roblox China was once full of promise. Since its localized platform, which is a joint effort with Tencent, abruptly halted operation nearly two years ago, the company has been quiet about its standing in the world’s second-biggest gaming market until now. TechCrunch learned that Roblox China, also called LuoBu (罗布乐思), initiated a round of layoffs […]

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Smart upcycling machine dissects batteries to save them

Circu Li-ion cofounder and CEO Antoine Welter says his startup’s upcycling machine can diagnose batteries in seconds. “We know exactly which cell can be reused and which one can’t,” he told TechCrunch on Monday. Circu Li-ion is in the business of saving usable battery cells from shredders. The Luxembourg startup’s machine identifies batteries by their […]

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Singapore-based Qosmosys closes $100M seed round to develop tech for the moon

Singapore-based Qosmosys has closed an astonishing $100 million seed round to develop its lunar lander tech. The company did not disclose its investors, nor did a Qosmosys spokesperson respond to TechCrunch’s email. In a press release published to its website, the startup simply said that it practices a “unique and protective funding model.” “The structure […]

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AI-based data center optimization startup MangoBoost raises $55M Series A

The central processing unit (CPU) and the graphics processing unit (GPU) handle different types of data. The CPU is used in almost all devices including computers, cellphones, tablets, smartwatches and TVs. It deals with processing general information on the device, making sure software is running correctly. While the GPU  complements the CPU, it handles complex […]

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Apple’s job listings suggest it plans to infuse AI in multiple products

Apple seems to be finally getting serious about infusing generative AI into its products — both internal and external — after announcing a solitary “Transformer” model-based autocorrect feature on iOS 17 earlier this year. The company has shared several job opportunities listing out specific needs for generative AI in the last few weeks. For instance, […]

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10 editor-tested travel gifts for frequent fliers

I don’t know about you, but I’ve been traveling a lot this year. In fact, I’ve been back to my 2019 levels of travel, which has been a breath of fresh air after being pandemic-grounded for a couple of years. I like to return to this list every time TechCrunch does a gift guide. It’s […]

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Reliance nears deal to acquire Disney’s India business, report says

Reliance is nearing a deal to acquire Disney’s India business, according to a report, as Mukesh Ambani’s oil-to-telecom empire eyes broadening digital and television assets. Disney values its India business at about $10 billion, whereas Reliance views the assets at between $7 billion to $8 billion, the Monday Bloomberg News report said. A deal could […]

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Tinder’s app gets more social by letting friends play matchmaker

Dating app users will often sit with friends as they swipe through their matches in order to gain feedback, or even hand over their phone and let their friends swipe for them. Now, that real-life experience is becoming a part of Tinder’s product, as the company today is introducing a new feature called Tinder Matchmaker […]

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While tech companies play with OpenAI’s API, this startup believes small, in-house AI models will win

ZenML wants to be the glue that makes all the open-source AI tools stick together. This open-source framework lets you build pipelines that will be used by data scientists, machine-learning engineers and platform engineers to collaborate and build new AI models. The reason why ZenML is interesting is that it empowers companies so they can […]

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Is Plaid’s potential IPO a sign of fintech turning a corner?

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Unfortunately we can’t make it to Money20/20 next week. But we have no doubt that we’re going to […]


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Sunday, October 22, 2023

Peak XV’s latest Surge batch is 77% AI and deeptech startups

AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the largest India and Southeast Asia-focused VC fund intensifies its search for opportunities in a sector garnering international frenzy. Ten out of 13 startups in the latest cohort of Surge, Peak XV’s powerfully influential early-stage program, […]

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Rivian R1T is the first EV to win the longest off-road competition in the US

Motorsports and off-road competition isn’t the typical fodder over here at TechCrunch — unless, of course, there also happens to be a podium-winning team driving an all-electric 2023 Rivian R1T. The Rebelle Rally, the longest off-road map-and-compass rally in the United States, wrapped up Friday evening with a new EV milestone under its belt. This […]

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Is Plaid’s potential IPO a sign of fintech turning a corner?

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Unfortunately we can’t make it to Money20/20 next week. But we have no doubt that we’re going to […]

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This week in AI: Can we trust DeepMind to be ethical?

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. This week in AI, DeepMind, the Google-owned AI R&D lab, […]


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Saturday, October 21, 2023

Humanoid robots face a major test with Amazon’s Digit pilots

Announced amid a deluge of news at this week’s Delivering the Future event in Seattle was word that Amazon will begin testing Agility’s Digit in a move that could bring the bipedal robot to its nationwide fulfillment centers. It’s baby steps as these things go, and such early-stage deals don’t necessary mean something bigger down […]

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Paddy Cosgrave has stepped down as CEO of Web Summit

As first reported in Bloomberg, Paddy Cosgrave has stepped down as CEO of Web Summit, the now 14-year-old conference business that he cofounded and which has gone on to host one of Europe’s biggest annual tech events, along with four other events around the globe. The move comes on the heels of remarks Cosgrave made […]

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This week in AI: Can we trust DeepMind to be ethical?

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. This week in AI, DeepMind, the Google-owned AI R&D lab, […]

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International Criminal Court says cyberattack was attempted espionage

The International Criminal Court (ICC), the world’s only permanent international court with a mandate to investigate and prosecute genocide, crimes against humanity and war crimes, has determined that a September cyberattack against its systems was attempted espionage. The court, headquartered in The Hague, Netherlands, confirmed last month that hackers had infiltrated its network. In an […]


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Friday, October 20, 2023

We’re sending a cake to the next fintech startup that goes public

Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, and we’re talking about the week’s biggest startup and tech news. Mary Ann and Alex ran as a pair this week, parsing through […]

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Embodied AI spins a pen and helps clean the living room in new research

Sure, AI can write sonnets and do a passable Homer Simpson Nirvana cover. But if anyone is going to welcome our new techno-overlords, they’ll need to be capable of something more practical — which is why Meta and Nvidia have their systems practicing everything from pen tricks to collaborative housework. The two tech giants coincidentally […]

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Luzia lands $10 million in funding to expand its WhatsApp-based chatbot

The availability of Large Language Models (LLMs) has made it easier for developers to make chatbots. Large companies such as OpenAI, Google, and Microsoft, have made ChatGPT, Bard, and Bing Chat widely available. However, non-tech affluent audiences might not be aware of some of these bots. Spain-based Luzia is trying to introduce AI chatbot tech […]

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Thursday, October 19, 2023

Meta has a moderation bias problem, not just a ‘bug,’ that’s suppressing Palestinian voices

Earlier this year, Palestinian-American filmmaker Khitam Jabr posted a handful of Reels about her family’s trip to the West Bank. In the short travel vlogs, Jabr shared snippets of Palestinian culture, from eating decadent meals to dancing at her niece’s wedding.  “I hadn’t been in a decade, so it’s just like, life abroad,” Jabr told […]

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Varda Space will land its next capsule in Australia as it continues to coordinate first mission reentry

In-space manufacturing startup Varda Space Industries will be landing its next spacecraft in Australia as it continues working with U.S. regulators to get its first mission approved for reentry in Utah, the company announced Thursday. The U.S. Air Force and the U.S. Federal Aviation Administration rejected Varda’s application to land its first in-space manufacturing spacecraft […]

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Netflix raises prices again after reporting strong subscriber growth

Netflix reported its third quarter earnings and things are going great right now for the streaming giant. The company added nearly 9 million subscribers globally, which means that revenue is up. And yet, it also means that Netflix is using this opportunity to raise the prices of some of its plans in the U.S., the […]

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Google Maps partners with India’s ONDC to add metro ticket booking

Google Maps will soon allow users in India to book metro tickets directly through the mapping app, the search giant announced as it deepens collaboration with the country’s open e-commerce network.  At the Google for India event on Thursday, Google said its users will be able to book metro tickets through the Maps app, as […]

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WhatsApp will now let users log into two accounts simultaneously

WhatsApp announced today that it is rolling out the ability for users to use two accounts simultaneously. That means you can switch between two accounts in the same WhatsApp instance. Historically, people had to carry two phones to use two WhatsApp accounts. Now, the company is making it possible to use just one phone for […]

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GM, Cruise and Honda to launch robotaxi service in Japan

General Motors, self-driving car subsidiary Cruise and Honda plan to launch a robotaxi service in Japan under a new joint venture, the three companies announced today. The companies intend to launch the service with the custom-built Cruise Origin vehicles in central Tokyo in early 2026. The service will start with dozens of Cruise Origins. The […]


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Elon Musk warns Cybertruck won’t be profitable until 2025

Tesla CEO Elon Musk issued a warning Wednesday about the soon-to-be delivered Cybertruck that might sound familiar to those who closely followed the company’s Model 3 “production hell” era. The gist? Scaling production of a vehicle like the Cybertruck is hard and it’s going to take awhile before it’s profitable. Musk estimated that it will […]


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Trans healthcare startup Plume lays off dozens of workers

Plume, a startup founded to offer essential online healthcare services to trans people across the U.S., laid off more than two dozen workers in October, several sources close to the company told TechCrunch. Transphobia is rife within the healthcare industry; it’s one reason why transgender patients struggle to access basic care. Legal barriers are also […]


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Zero to Employment Hero: HR unicorn nabs $167M to be Australia’s ‘biggest export since Atlassian’

In a startup world where down rounds prevail and much beyond low-million Series A raises are practically (but not totally) unheard of, those rare megabuck funding rounds stand out just that little bit more today than they did even a year ago. With that in mind, Employment Hero, an Australia-based recruitment, HR and payroll platform, today […]


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Made Renovation, which intrigued, then infuriated, its customers, is shutting down

In August, we reported that a four-year-old, venture-backed remodeling startup called Made Renovation was failing its customers, by their own telling. Though it marketed itself as a one-stop shop to beautify bathrooms — it offered potential customers a variety of templates, then promised to pair them with in-house project managers, help with required permits, assign […]


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Wednesday, October 18, 2023

French VC firm Founders Future just acquired an equity crowdfunding platform, Sowefund

Here’s an interesting move. Founders Future, a well-known VC firm in the French tech ecosystem, acquired an equity crowdfunding marketplace called Sowefund. While terms of the deal remain undisclosed, Sowefund has been profitable since 2022 with around 20 employees. Following this move, Founders Future now has two separate yet complementary businesses. With its VC funds, […]

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GM, Cruise and Honda to launch robotaxi service in Japan

General Motors, self-driving car subsidiary Cruise and Honda plan to launch a robotaxi service in Japan under a new joint venture, the three companies announced today. The companies intend to launch the service with the custom-built Cruise Origin vehicles in central Tokyo in early 2026. The service will start with dozens of Cruise Origins. The […]

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Elon Musk warns Cybertruck won’t be profitable until 2025

Tesla CEO Elon Musk issued a warning Wednesday about the soon-to-be delivered Cybertruck that might sound familiar to those who closely followed the company’s Model 3 “production hell” era. The gist? Scaling production of a vehicle like the Cybertruck is hard and it’s going to take awhile before it’s profitable. Musk estimated that it will […]

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Zero to Employment Hero: HR unicorn nabs $167M to be Australia’s ‘biggest export since Atlassian’

In a startup world where down rounds prevail and much beyond low-million Series A raises are practically (but not totally) unheard of, those rare megabuck funding rounds stand out just that little bit more today than they did even a year ago. With that in mind, Employment Hero, an Australia-based recruitment, HR and payroll platform, today […]

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Trans healthcare startup Plume lays off dozens of workers

Plume, a startup founded to offer essential online healthcare services to trans people across the U.S., laid off more than two dozen workers in October, several sources close to the company told TechCrunch. Transphobia is rife within the healthcare industry; it’s one reason why transgender patients struggle to access basic care. Legal barriers are also […]

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Made Renovation, which intrigued, then infuriated, its customers, is shutting down

In August, we reported that a four-year-old, venture-backed remodeling startup called Made Renovation was failing its customers, by their own telling. Though it marketing itself as a one-stop shop to beautify bathrooms —  it offered potential customers a variety of templates, then promised to pair them with in-house project managers, help with required permits, assign […]

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Biden further chokes off China’s AI chip supply with Nvidia bans

In August last year, a ban on Nvidia’s chip export to China sent the country’s budding artificial intelligence startups scrambling for alternatives. A momentary sense of relief came when Nvidia unveiled chips with reduced performance to bypass export restrictions. But this respite was short-lived. On Tuesday, the Biden administration announced a slew of measures to […]

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Peak XV invests $35 million in wealth and asset management startup Neo

Peak XV Partners has invested $35 million in Neo, a fintech startup founded by industry veterans, as the largest India-focused VC broadens its bets on wealth and asset management. Neo operates a suite of wealth and asset management services, serving businesses, sovereign and pension funds and large family offices and individuals with ultra-high net-worths. The […]

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Meta consolidates options to manage your Meta data

Meta is rolling out new options to better manage your data related to its own platforms such as Instagram and Facebook. The company now has a single place in the Accounts Center for you to request a download of your information on Instagram and Facebook at the same time. Users can also choose to download […]

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OpenAI formally brings web search to ChatGPT as DALL-E 3 integration arrives in beta

OpenAI has formally launched its internet-browsing feature to ChatGPT, some three weeks after re-introducing the feature in beta after several months in hiatus. ChatGPT, the generative AI chatbot that has taken the world by storm these past 12 months, has historically been limited to data up to September, 2021 — rendering it useless as a […]

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WeWork fires back at competitor Codi with cease and desist following ‘WeWont’ campaign

WeWork has sent a cease and desist letter to rival Codi in response to the startup’s recent marketing campaign it dubs “WeWont,” TechCrunch has exclusively learned. In the letter dated October 13, viewed by TechCrunch, WeWork’s Chief Legal Officer Pam Swidler cited “unauthorized use and misappropriation of WeWork’s intellectual property, false advertising and Tortious interference […]


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Tuesday, October 17, 2023

X starts experimenting with a $1 per year fee for new users

X, formerly Twitter, announced today that is starting a new experiment to charge a $1 per year fee for “new unverified” users to interact with posts. The company said this test is currently live in New Zealand and the Philippines and existing users won’t be affected. Users will get to post content, like, repost, reply, […]

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Tesla looks to maintain EV dominance by pushing for stricter fuel standards

Tesla has already cornered the electric vehicle market in the U.S. Now, it’s calling for stricter regulations that will give it even more of an edge. The Elon Musk-owned automaker is urging the Biden administration to adopt tougher fuel economy standards than regulators have proposed, a move that is likely to irritate legacy automakers like […]

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Amazon’s fleet of Rivian-made electric delivery vans reaches 10,000 in US

Amazon’s 10,000 Rivian-made all-electric van are delivering packages throughout the United States, the ecommerce company revealed Tuesday evening during its Delivering the Future event. Amazon, which owns a stake in Rivian, reached a deal with the automaker in 2019 to have at least 100,000 electric delivery vans on the road by 2030. The order is […]

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Israel looks to roll out SpaceX Starlink internet amid war with Hamas

Israel is in discussions with SpaceX to rollout Starlink internet services, especially for communities near the conflict zone, an Israeli official said Tuesday. Starlink currently isn’t available in Israel, so this would be the first time the service is introduced in any capacity. As it seeks to bolster its own communications during wartime, it is […]

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The UAW strike is starting to affect CES 2024

Stellantis announced Tuesday that it will cancel its planned presentations and display at CES 2024, the tech trade show that takes over Las Vegas every January. The reason? The automaker, which owns a slew of U.S. brands including Jeep, Ram and Chrsyler, cited the cost of the ongoing United Autoworker strike, which has entered its […]

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Figure’s humanoid robot walks for the camera

In May of this year, TechCrunch ran a piece titled “Figure’s humanoid robot takes its first steps.” The story was a firsthand account of my visit to the startup’s South Bay offices. The headline was a reference to both the company’s first year of existence and its stated plan to hit a key milestone by […]

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Invesco raises Swiggy’s valuation to nearly $8 billion

Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than a half this year as investors marked their holdings largely in response to the dwindling market conditions. The startup, valued at $10.7 billion in a funding […]

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Stack Overflow cuts 28% of its staff

Developer community site Stack Overflow has laid off 28% of its staff, the Prosus-owned company announced Monday. In a blog post, Stack Overflow’s CEO, Prashanth Chandrasekar indicated that the company is focusing on its path to profitability. While the post didn’t elaborate on the reason behind the job cuts, it mentioned customers’ budgets shifting elsewhere […]

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Ambani’s Jio Financial launches lending and insurance businesses

Jio Financial Services, the Indian conglomerate Reliance Industries’ financial services unit, has started its lending and insurance businesses and is rapidly scaling up its offerings as billionaire Mukesh Ambani expands the ever-so-wide tentacles of his oil-to-telecom empire. In an annual presentation this week, the recently publicly listed firm said it has started to offer personal […]

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Ray-Ban Meta sunglasses have ‘influencer’ written all over them

This is a review-in-progress. More soon! Somewhere between the Ray-Ban Meta and Meta Quest 3 sits an ideal mixed-reality headset. It’s slim, light, offers hand tracking and passthrough and livestreams video when the moment calls for it. It’s designed to be worn inconspicuously outdoors, until the time comes for content capture. The Meta Quest Ray-Ban […]

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Archer Aviation to launch air taxis in Abu Dhabi in 2026

Electric vertical takeoff and landing (eVTOL) vehicle company Archer Aviation plans to start air taxi operations in Abu Dhabi in 2026, making the city its first international market outside the United States. From there, Archer plans to launch an air taxi service across the United Arab Emirates as part of the company’s recently signed memorandum […]


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Monday, October 16, 2023

FTX execs blew through $8B; testimony reveals how

Sam Bankman-Fried and other FTX executives spent $8 billion worth of customer funds on real estate, venture capital investments, campaign donations, endorsement deals and even a sports stadium, according to testimony from former senior FTX executive Nishad Singh. Singh’s testimony, which kicked off the third week of Bankman-Fried’s trial, provides fresh details of exactly where […]

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India’s Agnikul gets $26.7M to prepare for commercial space launches

Agnikul, an Indian space tech startup developing small-lift launch vehicles, has raised $26.7 million in fresh investment as it looks to begin commercial launches using its customizable satellite rocket. Companies — from big tech giants to startups — are looking to launch their small satellites (up to 500 kg in weight) to space to improve […]

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Bandcamp’s new owner lays off half the company

Bandcamp has officially changed hands from its old new owner, Epic, to its new new owner, Songtradr, and lost half its employees in the process. Songtradr confirmed that “50% of employees received offers” to continue on under the new ownership — and naturally the other 50% didn’t. The venerable digital music marketplace was acquired by […]

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Live commerce startup TalkShopLive launches new app for sellers to broadcast on mobile

Live commerce platform TalkShopLive announced today its new Studio app for creators and brands, bringing an array of management and broadcast tools to mobile, including the ability to virtually collaborate with four people in a livestream, pin comments, simulcast on Facebook and more. TalkShopLive’s new app allows sellers to access the platform’s full toolset right […]

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Accessercise’s app makes it easier for people with disabilities to exercise

Accessercise, which developed a fitness app for people who want to exercise despite their disabilities, was one of the Startup Battlefield 200 finalists at TechCrunch Disrupt 2023.

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Leucine makes drug manufacturing compliance less onerous

The compliance process at pharmaceutical manufacturers is a complicated and prone to errors because many still use paper-based systems to record manufacturing steps. These paper records are reviewed by FDA auditors to ensure that guidelines were followed, but they are prone to errors, often leading to warnings. This results in higher costs and slower manufacturing. […]

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Australia fines X for failing to provide information about child abuse content

eSafety, the Australian regulator for online safety, issued a $386,000 fine against X (formerly Twitter) Monday for failing to answer “key questions” about the action the platform is taking against child abuse content. The watchdog issued legal notices to Google, TikTok, Twitch, Discord, and X (which was known as Twitter back then) under the country’s […]

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Braid shuts down, Stash marches toward an IPO and what happens when a fintech relationship fizzles out

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! We covered lots of happenings in the world of fintech this past week — including raises, a startup closure, […]


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Sunday, October 15, 2023

Asia emerges as a promising haven amid the crypto winter

Walking through Token2049, it was hard to tell that the crypto industry was going through a “winter” phase. The crypto conference held in Singapore in September attracted an unprecedented crowd of 20,000 attendees, filling the island state with an even greater number of blockchain enthusiasts who hopped in and out of the hundreds of side […]

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London’s not calling for Par Equity, as VC firm targets £100M at UK startups in the north

Any conversation centered on the U.K. tech scene often has a strong center of gravity around the south of the country — to many, “the U.K.” and “London” may as well be the same thing. A recent House of Commons Committee report on venture capital allocation pointed to “uneven levels of VC investment” across the […]

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