For just a brief moment, this was the internet at its best. I stared at a vase of dried out Trader Joe’s flowers, rumbling on my table for maybe thirty seconds, but I was too shocked to even process what was happening. Then, I saw the tweets (which, in this moment of shock, I refuse […]
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Apple is laying off 614 employees in California after abandoning its electric car project. According to the WARN notice posted by California, Apple notified the affected employees on March 28 and the changes will go into effect on May 27. Affected employees worked at eight locations in Santa Clara. Although the notice doesn’t specify which […]
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What a week, everyone. Two full days of Y Combinator demo day activity kept us busy, but the latest accelerator cohort’s launch was far from the only big story in startup-land. Today on TechCrunch’s Equity podcast, Mary Ann, Becca, and Alex gathered to dig into favorites from the hundreds of new YC companies that pitched, […]
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Varda Space Industries has closed a massive tranche of funding just weeks after its first drug manufacturing capsule returned from orbit. The company’s $90 million Series B round marks an inflection point for the company, which is now gearing up to scale from the initial demonstration mission to a regular set of missions carrying customer […]
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Reuters reported on Thursday that Google’s parent company, Alphabet, is exploring the possibility of buying Boston-based HubSpot, a CRM and marketing automation company with a market cap of over $33 billion – a number that has been climbing on those reports. If such a deal were to happen, the cost would likely be pretty substantial, […]
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CB Insights released its Q1 2024 State of Venture Report, revealing that fintech funding slid by 16% during the three-month period.
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Agility Robotics on Thursday confirmed that it has laid off a “small number” of employees. The well-funded Oregon-based firm says the job loss is part of a company-wide focus on commercialization efforts. “As part of Agility’s ongoing efforts to structure the company for success, we have parted ways with a small number of employees that […]
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If you build it, people will try to break it. Sometimes even the people building stuff are the ones breaking it. Such is the case with Anthropic and its latest research which demonstrates an interesting vulnerability in current LLM technology. More or less if you keep at a question, you can break guardrails and wind up […]
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OpenAI is expanding a program, Custom Model, to help enterprise customers develop tailored generative AI models using its technology for specific use cases, domains and applications. Custom Model launched last year at OpenAI’s inaugural developer conference, DevDay, offering companies an opportunity to work with a group of dedicated OpenAI researchers to train and optimize models […]
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Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within just 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing the Zepto management. The startup, which competes with Zomato-owned Blinkit and SoftBank-backed Swiggy Instamart, has also expanded its market share “close to that of the number 2 […]
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Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources familiar with the matter told TechCrunch. One source said he is looking to raise between $200 million and $400 million. The Bengaluru-headquartered […]
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Weeks before the national elections in India, Elon Musk-owned X said it is rolling out support for posting Community Notes — the company’s crowd-sourced fact-checking program. The company posted that the first set of contributors from India will start posting notes today and more will be accepted over time. Contributors typically post more context to […]
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SingleInterface, a SaaS startup offering tools to offline businesses to grow their revenues by leveraging the web, has raised $30 million in its maiden external fundraising round as the Singaporean startup seeks to expand its footprint internationally and improve products to make them more relevant to global brands. While being offline is still prominent for […]
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X is giving free blue checks to users who have more than 2500 “verified” followers (or, people that subscribe to X Premium). So, basically this means that if you are a popular poster, you will get a blue check. This also means that these lucky people are frantically posting to make it clear that they […]
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NASA has given three space companies the chance to design the next generation moon buggy — but only one design will go to space. Intuitive Machines, Lunar Outpost, and Venturi Astrolab are developing rugged vehicles intended for astronauts to drive around on the lunar surface, from which NASA may choose as early as next year. […]
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