Tag Archives: TechCrunch

Quantum VC QDNL hits €25M first-close on new fund

VC investment into Quantum computing declined by 50% last year according to the ‘State of Quantum 2024’ report, dropping from $2.2bn in 2022 to $1.2bn, with funds switching in favour of Generative AI. However, government spending on quantum was predicted … Continue reading

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Everstone acquires bootstrapped Indian startup Wingify for $200M

Private equity firm Everstone has reached a deal to acquire a majority stake in Wingify, one of India’s earliest bootstrapped software-as-a-service success stories, for about $200 million, three sources familiar with the matter told TechCrunch. The deal, finalized this week, … Continue reading

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African fintech Moniepoint gets Visa backing, plans to work on contactless payments

Visa has joined African fintech Moniepoint as a new investor. The business banking and payments platform confirmed to TechCrunch that it received a “strategic investment” from the global payments giant as both companies look to drive financial inclusion and support … Continue reading

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OpenAI may preview its agent tool for users on the $200 per month Pro plan

We may see OpenAI’s agent tool, Operator, released sooner rather than later. Changes to ChatGPT’s code base suggest that Operator will be available as an early research preview to users on the $200 Pro subscription plan. The changes aren’t yet … Continue reading

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UK probes Apple and Google over ‘mobile ecosystem’ market power

The U.K.’s Competition and Markets Authority (CMA) is launching so-called “strategic market status” (SMS) investigations into the mobile ecosystems of Apple and Google. The investigations constitute part of the new Digital Markets, Competition and Consumers Act (DMCCA) which passed last … Continue reading

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WhatsApp wins reprieve in India over user data sharing

An Indian tribunal on Thursday suspended restrictions that would have barred WhatsApp from sharing user data with its parent company Meta, delivering a significant victory for Mark Zuckerberg’s social media empire in its largest market by users. The ruling by … Continue reading

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Neko, the body-scanning startup co-founded by Spotify’s Daniel Ek, snaps up $260M at a $1.8B valuation

Stockholm startup Neko Health has made a big bet on consumers wanting to learn about their state of health and how to prevent things going wrong. Now, investors are making a big bet on Neko.  The startup has raised a … Continue reading

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Someone bought the domain ‘OGOpenAI’ and redirected it to a Chinese AI lab

A software engineer has bought the website “OGOpenAI.com” and redirected it to DeepSeek, a Chinese AI lab that’s been making waves in the open source AI world lately. Software engineer Ananay Arora tells TechCrunch that he bought the domain name … Continue reading

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Google buys part of HTC’s XR business for $250 million

Google has agreed to acquire a part of HTC’s extended reality (XR) business for $250 million, expanding its push into virtual and augmented reality hardware following the recent launch of its Android XR platform. The deal involves transferring some of … Continue reading

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Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale

The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal.  The terms — and Divvy’s journey from buzzy startup to acquisition … Continue reading

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