TMtechmemeEx-Biden officials deny Marc Andreessen's claims that they discussed secret plans to ban AI startups at a May 2024 White House meeting, pushing him toward Trump (Politico)industry2 days ago▲ 24Read story→
rssAI research startup Listen Labs scrubbed a $1.5B funding round for Salesforce talkstechcrunchindustryAI3 days ago▲ 44Read story→
TMtechmemePoseidon Aerospace, which plans the first test flight of its pilotless cargo plane by year-end, raised a $60M Series A led by TQ Ventures, after an $11M seed (Sean O'Kane/TechCrunch)industry5 days ago▲ 24Read story→
TMtechmemeSource: Betaworks has a 5.5% stake in Hugging Face, worth ~$650M at its $11.9B acquisition price for stockholders; A.Capital says it could bag $1.5B on the sale (Yuliya Chernova/Wall Street Journal)industry8 days ago▲ 24Read story→
TMtechmemeSources: Index Ventures dropped plans to invest in AI assistant Town after Instinct, which Index is backing, complained about a potential conflict of interest (Alex Konrad/Upstarts Media)industry9 days ago▲ 24Read story→
TMtechmemeSources: PayPal has paused plans to sell its VC portfolio for $900M-$1B after bids came in lower than hoped, months after deciding to wind down PayPal Ventures (Axios)industry10 days ago▲ 24Read story→
TMtechmemePlusAI, which is operating autonomous freight routes in Texas with trucking company Ryder, plans to go public in a SPAC deal at an $800M pre-money valuation (Pragyan Kalita/Reuters)industry10 days ago▲ 24Read story→
TMtechmemeModern venture capital has transformed into an unchecked oligarchy, or "Cancer Capital", where mega-firms managing $50B+ live off fees and shift risk elsewhere (Anil Dash)industry10 days ago▲ 24Read story→
rssHiddenLayer nabs $100M as enterprises rush to secure their AI deploymentstechcrunchindustryAI11 days ago▲ 44Read story→
TMtechmemeValencia-based iPronics raised $125M co-led by Maverick Silicon and Light Street, with participation from Nvidia, to develop optical circuit switch tech (Stephen Nellis/Reuters)industry11 days ago▲ 24Read story→
TMtechmemeA consortium of 21 banks, including Bank of America, Citigroup, and Goldman Sachs, plans to establish a company and launch its stablecoin venture in H1 2027 (Gina Heeb/Wall Street Journal)industry12 days ago▲ 24Read story→
TMtechmemeSources: Polymarket will raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to Polymarket (Amanda L. Gordon/Bloomberg)industry13 days ago▲ 24Read story→
TMtechmemeSources: Town, which develops enterprise personal AI assistants, is in talks to raise at a $1B valuation in a round led by Index Ventures (Newcomer)industry16 days ago▲ 24Read story→
TMtechmemeAI assistant Instinct is raising a $250M Series B co-led by Index Ventures and Benchmark at a $2.5B valuation, bringing its total raised to $350M (Kate Clark/Wall Street Journal)industry18 days ago▲ 24Read story→
TMtechmemeDeep Cogito, which develops open-weight models and helps companies build their own specialized AI models, raised a $43M Series A led by TQ Ventures (Steven Rosenbush/Wall Street Journal)industry18 days ago▲ 24Read story→
rssBill Gates says we’ve passed AI’s danger thresholds. Now what?mit-technology-reviewresearchArtificial intelligence18 days ago▲ 44Read story→
rssValor, Point72 back General Intuition at $6B valuation as AI startup pushes into roboticstechcrunchindustryAI20 days ago▲ 44Read story→
TMtechmemeChinese EV maker XPeng says its robotics business raised $900M+ led by IDG and Gaorong Ventures at a $6.3B valuation, with Tencent and Alibaba participating (Reuters)industry20 days ago▲ 24Read story→