Tag Archives: TechCrunch

Linktree surpasses 50M users, rolls out its social commerce program to more creators

Link-in-bio startup Linktree has crossed 50 million users and is rolling out the beta of its social commerce program. © 2024 TechCrunch. All rights reserved. For personal use only.

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DeepL, the AI language translation startup, nabs $300M on a $2B valuation to focus on B2B growth

Yet more major funding is being poured into a startup focused on AI. Today, DeepL – the company that builds automated text translation and writing tools that compete against the likes of Google Translate and Grammarly – announced that it’s … Continue reading

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Praktika raises $35.5M to use AI avatars to make learning languages feel more natural

Praktika has secured a $35.5M Series A round to apply AI-powered avatars to language-learning apps. © 2024 TechCrunch. All rights reserved. For personal use only.

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Oyo, once valued at $10 billion, shelves IPO plans for second time

India’s Oyo, once valued at $10 billion, has withdrawn its IPO application from the market regulator for the second time. © 2024 TechCrunch. All rights reserved. For personal use only.

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Ore Energy emerges from stealth to build utility-scale batteries that last days, not hours

Where Aytac Yilmaz lives in the Netherlands, the sun might not appear for days on end, which can really crimp the output of the country’s solar panels. Wind turbines might make up some of the shortfall, but what if the … Continue reading

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Paytm counts costs of regulatory clampdown as losses swell

One 97 Communications, the parent company of India’s leading digital payments platform Paytm, widened its consolidated net loss to $66.1 million in the quarter ending March, compared to a loss of $20.11 million in the same quarter last year as … Continue reading

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In Seoul summit, heads of states and companies commit to AI safety

Government officials and AI industry executives agreed on Tuesday to apply elementary safety measures in the fast-moving field and establish an international safety research network. Nearly six months after the inaugural global summit on AI safety at Bletchley Park in … Continue reading

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a16z’s American Dynamism team launches program to introduce technical minds to VC

Andreessen Horowitz’s American Dynamism fund has established a new fellowship program aimed at introducing top engineers and technologists to venture investing, a move that could help the firm less obvious sources for VC talent.  The American Dynamism fund launched in … Continue reading

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Teen fintech Copper had to emergency discontinue its banking, debit products

Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup Synapse. Copper Banking, a digital banking service aimed at teens, notified its customers on May 12 that it would be discontinuing bank deposit accounts … Continue reading

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Farcaster, a crypto-based social network, raised $150M with just 80K daily users

Farcaster, a blockchain-based social protocol founded by two Coinbase alumni, announced on Tuesday that it closed a $150 million fundraise. Led by Paradigm, the platform also raised money from a16z crypto, Haun Ventures, USV, Variant, Standard Crypto and others, according … Continue reading

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