General Catalyst, a Silicon Valley venture capital group, is expanding its presence in India by joining forces with a local venture firm and earmarking more than $500 million for investments in the world’s most populous nation. The U.S. venture capital group is merging with Venture Highway, an India-based firm whose investments include social commerce startup […]
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Like it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024. OpenAI, with its rollouts of viral services like ChatGPT and billions in funding, may have gobbled up the lion’s share of attention and money so far. But according to a new report out from top VC Accel […]
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Here is a timeline of the events that led fledgling automaker Fisker to file for bankruptcy.
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The future of the space industry may look a lot like its past, or so believes Peter Beck, founder and CEO of Rocket Lab. At TechCrunch Disrupt 2024 in San Francisco, he’ll be explaining how full-service, vertically integrated space companies will (again) be the big winners of this evolving space economy. Rocket Lab was started […]
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Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras. In 2020, TechCrunch reported that Société Générale spent around €100 million to acquire Shine. It wasn’t a huge acquisition but it attracted quite a bit of […]
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The U.K.’s Competition and Markets Authority (CMA) has initiated a formal “phase 1” investigation into Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks. The CMA has said that it’s in the early stages of assessing whether the deal is likely to “result in a substantial lessening of competition within any market or markets in […]
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Meta AI removes restrictions in answering election-related queries in India while Google is still restricting them.
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Ask any of the health-focused VCs to name one of the top AI startups and one name comes up over and over again: a company based in Pittsburgh called Abridge. And it’s a startup that launched before OpenAI was a household name and LLMs entered the common Valley vocabulary. In 2019, Shiv Rao, a practicing […]
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Cheap irrigation has transformed many regions around the world into breadbaskets, but it also means that there can be little left for other uses.
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Two years ago, an employee at Fisker Inc. told me that the most pressing concern inside the EV startup was not whether its Ocean SUV would get built. Fisker was outsourcing the manufacturing of its first EV to highly respected automotive supplier Magna, after all. The startup’s November 2022 start-of-production target was aggressive, but not […]
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Suse on Tuesday is announcing its AI strategy and SUSE AI solutions, a new vendor- and LLM-agnostic generative AI platform.
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