Serve Robotics, the Uber and Nvidia-backed sidewalk robot delivery company, debuted publicly on the New York stock exchange Thursday, making it the latest startup to choose going public via a reverse merger as an alternative path to capital needed to fund growth. The company, which spun out of Uber’s acquisition of Postmates in 2021, hits […]
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UK-based small launch developer Orbex got another boost from Scotland’s national bank and other investors as it gears up for its first orbital launch, though that mission still does not have a set date. Founded in 2015, Orbex is one of a handful of firms racing to develop the next generation of European launch vehicles. […]
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VerSe Innovation, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand firm Magzter, the two said Thursday. The Bengaluru-headquartered startup has fully acquired Magzter, a New York-headquartered firm that counted Singapore Press Holdings among its backers. VerSe didn’t disclose the financial terms of the deal. The acquisition of Magzter, […]
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In an order today, the U.S. Consumer Financial Protection Bureau (CFPB) said that BloomTech, the for-profit coding bootcamp previously known as the Lambda School, deceived students about the cost of loans, made false claims about graduates’ hiring rates and engaged in illegal lending masked as “income sharing” agreements with high fees. The order marks the […]
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Waymo can operate on San Francisco freeways without a human driver, but the company is still only testing on freeways with a human driver in the front seat.
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Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. Other existing investors Thrive Capital, General Catalyst, Sands Capital, […]
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This week Boston Dynamics retired its well-known Atlas robot that was powered by hydraulics. Then today it unveiled its new Atlas robot, which is powered by electricity. The change might not seem like much, but TechCrunch’s Brian Heater told the TechCrunch Minute that the now-deprecated hydraulics system was out of date. It’s not hard to […]
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Jaclyn Johnson and Angeline Vuong were on a hike deliberating how hard it can be for people to get started in angel investing when they realized they had stumbled upon a startup idea.
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The new "Answer with AI" feature returns neatly formatted answers for questions like "People who walked on the moon," "List of all actors who played Batman" or "How do descale Nespresso pixie."
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TikTok owner ByteDance is facing fresh questions about its compliance with the European Union’s Digital Services Act (DSA), an online governance and content moderation framework that puts a legal obligation on larger platforms to mitigate systemic risks in areas like youth mental health. The EU’s latest concerns about TikTok’s DSA compliance center on the launch […]
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a16z-backed Rewind is now pivoting to build AI-powered meeting suit along with a hardware product to record your conversations.
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NeuBird founders Goutham Rao and Vinod Jayaraman came from PortWorx, a cloud native storage solution they eventually sold to PureStorage in 2019 for $370 million. It was their third successful exit. When they went looking for their next startup challenge last year, they saw an opportunity to combine their cloud native knowledge, especially around IT […]
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