Navigating the complex decision of when to sell a startup or keep pushing forward is one of the toughest challenges founders face. In an era where IPOs are frequently delayed and acquisition offers arrive earlier, determining the right moment to either cash out or stay independent is increasingly nuanced. We’re excited to welcome three distinguished
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As we’ve reported before, enterprise CIOs are taking generative AI slow. One reason for that is AI doesn’t fit into existing software engineering workflows, because it literally doesn’t speak the same language. For instance, LLMs (aka large language models) require a lot of cajoling to deliver valid JSON. That’s where a U.S.-based startup called Dottxt
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CapWay, a Y Combinator-backed fintech that sought to bring financial services to those in so-called “banking deserts,” has been shut down, according to its founder Sheena Allen.  Allen wrote about it on LinkedIn and confirmed to TechCrunch. “I am proud of the work we were able to accomplish, but honestly disappointed that we couldn’t complete
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Back in 2011, the world held its breath after the Fukushima Daiichi nuclear plant in Japan suffered a failure of its cooling systems, in the wake of the country getting hit by a 9.0 magnitude earthquake and tsunami. The worry was not unfounded: the resulting meltdown — which spread highly radioactive material in multiple directions
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Amazon today became the latest big tech company to throw its weight behind nuclear power, joining Microsoft and Google, which both previously announced long-term promises to buy nuclear power from startups to power their data centers. The company revealed three deals, including an investment in startup X-Energy and two development agreements that aim to add
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It’s a big week in Kindle land. Along with refreshes to the base Kindle, Paperwhite, and Scribe, the company is introducing something many of us never expected in a devoted e-reader: color. Earlier this year, Amazon’s chief e-reader competitor, Kobo, introduced the $220 Libra Colour, which leverages color e-ink. The technology has thus far received
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When Hurricane Helene hit Asheville, North Carolina in September, the city’s police department reached out to public safety drone startup Paladin for help. The startup’s 30-member team jumped into action working nights and through the weekend to assist Asheville’s police department with locating people and dropping off supply. Asheville was a Paladin customer and its team
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General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and lifetime of electric vehicle battery cells.  The automaker’s investment arm, GM Ventures, on Wednesday injected $10 million into Forge Nano, which is developing a thin coating the startup says will help improve safety and increase
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Matt Mullenweg, the WordPress co-founder and Automattic CEO, has been embroiled in a very public and legal fight with WP Engine these last few weeks over the use of WordPress as a trademark, and fees Automattic believes WP Engine owes to the WordPress project – sparring that has resulted in WP Engine issuing legal demands
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In a typical organization, finance is one of the most important functions. Yet teams are often bogged down by manual workflows. According to a survey by Paylocity, an HR software provider, 38% of finance teams spend more than a fourth of their time on manual jobs, like reviewing invoices. Matthieu Hafemeister, an ex-fintech investor at
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French startup Gladia, which offers a speech-recognition application programming interface (API), has raised $16 million in a Series A funding round. Essentially, Gladia’s API lets you turn any audio file into text with a high level of accuracy and low turnaround time. While Amazon, Microsoft and Google all offer speech-to-text APIs as part of their
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TechCrunch has lost one of its beloved former colleagues. Steve O’Hear, who wrote for TechCrunch for more than a decade out of his hometown of London, has passed away after a short illness. He was 49. It’s hard to put into words the remarkable talent that Steve was. Born with muscular dystrophy, he spent his
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Google announced today that it has signed a deal with nuclear startup Kairos Power to build seven small reactors to supply electricity to its data centers. The agreement promises to add around 500 megawatts of carbon-free electricity at a time when energy demand for data centers and AI is surging. The new power plants are
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