Wednesday, April 16, 2025

Startup funding hit records in Q1. But the outlook for 2025 is still awful.

Startups attracted $91.5 billion in venture capital funding in Q1, according to the latest report from data provider PitchBook. This figure not only exceeds the previous quarter’s allocation by 18.5% but also represents the second-highest quarterly investment in the last decade. Despite this seemingly positive news, Kyle Stanford, lead U.S. venture capital analyst at PitchBook, […]

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Microsoft researchers say they’ve developed a hyper-efficient AI model that can run on CPUs

Microsoft researchers claim they’ve developed the largest-scale 1-bit AI model, also known as a “bitnet,” to date. Called BitNet b1.58 2B4T, it’s openly available under an MIT license and can run on CPUs, including Apple’s M2. Bitnets are essentially compressed models designed to run on lightweight hardware. In standard models, weights, the values that define […]

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TechCrunch All Stage: Full agenda revealed

The ultimate founder summit returns — now bigger than ever! Formerly TechCrunch Early Stage, TC All Stage is bringing together founders and VCs from every stage, not just early stage. We’re thrilled to unveil the full breakout session lineup at TC All Stage. Packed with scaling pioneers and top-tier VCs, these sessions are designed for […]

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As Deezer approaches profitability, it rolls out a custom algorithm and other new features

Last month, Deezer reported its first positive cash flow in 2024, marking a significant milestone in its history. As the music streaming platform nears profitability, it’s launching new features to differentiate itself in the highly competitive market. On Wednesday, Deezer announced several features aimed at providing listeners with a more personalized experience. These include a […]

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Tuesday, April 15, 2025

Grok gains a canvas-like tool for creating docs and apps

Grok, the chatbot from Elon Musk’s AI company, xAI, has gained a canvas-like feature for editing and creating documents and basic apps. Called Grok Studio, the feature was announced on X late Tuesday. It’s available for both free and paying Grok users on Grok.com “Grok can now generate documents, code, reports, and browser games,” wrote […]

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US government imposes license requirement on Nvidia H20 exports

Semiconductor giant Nvidia is facing unexpected new U.S. export controls on its H20 chips. In a filing Tuesday, Nvidia said it was informed by the U.S. government that it will need a license to export its H20 AI chips to China. This license will be required indefinitely, according to the filing — the U.S. government […]

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Figma ignores the fear, files paperwork for an IPO

Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump administration’s trade policies […]

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Anthropic’s Claude can now read your Gmail

Anthropic announced on Tuesday that its AI chatbot, Claude, now integrates with Google Workspace, allowing it to search and reference your emails in Gmail, scheduled events in Google Calendar, and documents in Google Docs. The integration is rolling out in beta first to subscribers to Anthropic’s Max, Team, Enterprise, and Pro plans. Administrators managing multi-user […]

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Publishing platform Medium says it’s sticking with DEI

Publishing platform Medium says it’s still committed to diversity, equity, and inclusion (DEI), even as many other U.S. tech companies have scaled back their efforts in this space to appease the Trump administration. In a blog post published on Monday, Medium CEO Tony Stubblebine backed the company’s diverse community, saying that businesses shouldn’t have to […]

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Witness a dynamic dialogue between two visionary CEOs

Step into an extraordinary fireside chat featuring Ali Ghodsi, the visionary co-founder and CEO of Databricks, alongside Dario Amodei, the innovative co-founder and CEO of Anthropic. Discover how their groundbreaking partnership is set to accelerate the evolution of domain-specific AI agents. During this free, virtual event, you’ll also gain exclusive access to three additional sessions […]

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Deel’s CEO is now in Dubai, complicating Rippling’s lawsuit

Rippling’s efforts to serve Deel CEO Alex Bouaziz have been significantly complicated by the fact that Bouaziz and his lawyer are now in Dubai, according to internal correspondence seen by TechCrunch. The UAE is a country with a reputation of being a safe haven for those wanting to avoid extradition. Rippling is trying to serve […]

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Founders Fund’s new $4.6B fund indicates an era of big VC spending

Peter Thiel’s Founders Fund has completed the raise of its third growth fund, according to an SEC filing. Beyond the sum — which is a big step up from its last previous $3.4 billion growth fund closed in early 2022 — there’s a couple of other interesting things to note about this raise. For one, it’s more […]

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Former Tesla supply chain leaders create Atomic, an AI inventory solution

Tesla famously struggled to scale up production of the Model 3 sedan in 2018 — so much so that CEO Elon Musk said his company was weeks away from collapsing. That near-death experience helped spawn a whole new company called Atomic that’s built around using AI to streamline supply chains. Co-founded by former Tesla employees […]

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