Nerdio nabs $500M to power virtual desktops on Azure

Nerdio, a platform designed to simplify how companies deploy and manage Microsoft cloud technologies, has raised $500 million in a Series C round of funding. The Chicago-based startup says its valuation has now quadrupled since its Series B round two years ago, and is now firmly in unicorn territory — though the company wouldn’t reveal […]
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YC-backed food supply startup Vendease restructures employees’ salaries

Y Combinator-backed Nigerian food procurement startup Vendease has changed its employee pay structure and is seeking fresh capital, TechCrunch has learned. This is after laying off 44% of its workforce — around 120 employees —last month, marking its second round of job cuts in five months. In the latest development, the startup has now replaced […]
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GrubMarket raises $50M at a $3.5B+ valuation to build AI for the $1 trillion food distribution industry

U.S. President Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid other uncertainty — actions that will inevitably impact the technology sector, too. Today, however, one food e-commerce startup, GrubMarket, is announcing a new equity round of $50 million on a raised valuation of over $3.5 billion — a signal of […]
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Google, Speedinvest back Kenya’s Leta, which uses AI to make logistics cheaper

African businesses pay up to four times the global average to transport goods. Nairobi-based logistics SaaS provider Leta wants to change that.
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Baidu, once China’s generative AI leader, is battling to regain its position

Baidu has released two new open-source AI models, including a reasoning model, as it vies to regain a leading position in China’s AI space.

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Baidu shares jump 10% following release of new open-source AI models

Shares of Chinese tech giant Baidu were trading up 10% in trading in Asia, as investors reacted positively to a spate of AI model releases over the weekend.

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Waymo’s milestone SFO mapping permit comes with strings attached

Waymo has been given permission to map roadways at the San Francisco International Airport (SFO) via a temporary permit — the first step in the Alphabet company’s bid to unlock a potentially lucrative use case for its robotaxis. The temporary permit, which was announced Monday evening by San Francisco Mayor Daniel Lurie, kicked off March […]
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Subsea fibre cables can ‘listen out’ for sabotage

Ways are being developed for subsea cables to “sense” whether they are being disturbed or attacked.

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Software startup Rippling sues competitor Deel, claiming a spy carried out ‘corporate espionage’

Rippling unknowingly hired a person who downloaded internal records and met with leadership at competitor Deel, the lawsuit claims.

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Trump’s World Liberty Financial crypto project says it sold $550 million in tokens

World Liberty Financial said it completed its second token sale, bringing in $550 million.

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