Tag Archives: TechCrunch

Sam Altman once owned some equity in OpenAI through Sequoia

OpenAI CEO Sam Altman sat before Congress in 2023 to testify about the dangers of AI. He told American lawmakers at the time that he owns no equity in OpenAI, something he’s said many times, claiming he just runs the … Continue reading

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Perplexity has reportedly closed a $500M funding round

AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In … Continue reading

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Boon raises $20.5M to build agentic AI tools for fleets

Logistics is the name of the game during the holiday season: Companies that can seal the deal and get people and things to the places they need to be, on time, rake it in this time of year.  But behind … Continue reading

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A bad experience with an accounting firm spurred this founder to start Aiwyn

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected … Continue reading

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Meet the robot with two Guinness World Records for basketball

A team of engineers at Toyota have spent years iterating on CUE6, the basketball shooting robot. CUE6 uses machine learning to adjust his posture and arm movement in order to take the perfect shot nearly every time. The robot holds … Continue reading

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Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z

Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark … Continue reading

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Real estate VC Fifth Wall is raising $500M for a new fund

Real estate venture firm Fifth Wall is raising a new $500 million fund called Fifth Wall React, according to a regulatory filing. © 2024 TechCrunch. All rights reserved. For personal use only.

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In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say

Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to sources with knowledge of the deal. The round is being led by returning investor Thrive Capital, the person … Continue reading

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Backed by a16z and NEA, Backflip raises $30M Series A to turn text into AI-generated designs

Led by Markforged veterans and backed by a16z, Backlip has raised $30M to democratize product design thanks to AI. © 2024 TechCrunch. All rights reserved. For personal use only.

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Tapestry, a new app for tracking social media, news, blogs, and more, will launch in ‘early 2025’

A new app called Tapestry promising to unify social media, news, and RSS in one place, is nearing completion. Designed by Iconfactory, the same team that created the third-party Twitter client Twitterific back in the day, Tapestry was unveiled at … Continue reading

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