On a September morning in 2024, two Jonathan Cohens — one from the Rockaways in Queens, the other from London — stood in an empty 15,000-square-foot parking garage near Hudson Yards in New York City. As they walked over chipped yellow lines, they explained how the space would help Joco, their shared e-bike startup for
Month: November 2024
As one of the most decorated track cyclists of all time, Sir Chris Hoy might not seem an obvious candidate to back the burgeoning electric bike movement. The common refrain, after all, is that e-bikes aren’t real bikes. However, the six-time Olympic gold medalist has done exactly that, investing in a fledgling U.K. startup that
President-elect Donald Trump made no secret during his campaigning that he doesn’t think the U.S. should take an aggressive stance on climate change. From leading chants of “drill, baby, drill” to frequently criticizing everything from wind turbines to electric vehicles, he appears poised to cast a shadow over the climate tech sector for the next
The momentum of Thanksgiving — which saw consumers spend a record $33.6 billion spent globally online on the day — looks like it continued into Black Friday, with a bang. Adobe said that in the U.S., consumers made a record-breaking $10.8 billion of purchases, up 10.2% on last year. Meanwhile, Salesforce is giving a much
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. With only so many days left in the year, there was plenty of startup news to round up since last Friday, despite a short workweek in the
A group of Canadian news and media companies filed a lawsuit Friday against OpenAI, alleging that the ChatGPT maker has infringed their copyrights and unjustly enriched itself at their expense. The companies behind the lawsuit include the Toronto Star, the Canadian Broadcasting Corporation, the Globe and Mail, and others who seek to win monetary damages
Poor literacy skills have plagued the deaf and hard of hearing community for decades. The median literacy rates of deaf high school graduates have languished at a fourth-grade level since the turn of the 20th century, according to the National Center for Special Education Research. Bringing STEM concepts into the mix — the vocabulary for
Indoor climbing is a tricky sport to track. That’s why Spanish startup Lizcore caught TechCrunch’s eye at MWC earlier this year. The team of two co-founders — led by CEO Edgar Casanovas Lorente, a climbing instructor and guide turned entrepreneur — were showing off hardware they hope will see climbing gyms ushering in the kind of social gamification
As more publishers cut content licensing deals with ChatGPT-maker OpenAI, a study put out this week by the Tow Center for Digital Journalism — looking at how the AI chatbot produces citations (i.e. sources) for publishers’ content — makes for interesting, or, well, concerning, reading. In a nutshell, the findings suggest publishers remain at the
Many startups and large tech companies are building AI agents or programs that can handle multi-step tasks without user supervision. Once available, these agents will need to collaborate with each other to complete complex jobs, such as booking and paying for flights, hotels, and excursions. /dev/agents, a new company started by former Google executives who
If you’ve used ChatGPT Search or Perplexity you know that being able to search the web and get citations inline greatly improves these AI chatbots. Results are better when they involve timely information, and web search may reduce so-called hallucinations (i.e. when a generative AI outputs incorrect information). That’s why French startup Linkup is building
Decarbonizing our economies in the race to fight climate change demands a wholesale overhauling of all sorts of production processes to make them as sustainable as possible. Greening chemicals, which are used as ingredients in all sorts of products, is where U.K. startup Deep Blue Biotech is putting its energies. The biotech startup founded in
India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech listings while other major markets face continued headwinds. The world’s most populous nation is now preparing for an even more substantial wave of startup IPOs in 2025. More than 20 startups are preparing to
Europe must get much better at scaling startups. That’s the prognosis of the European Union’s president, Ursula von der Leyen, who’s on the cusp of taking up her second five-year term steering the bloc of some 449 million people — with a December 1 start date now locked in. Giving a speech to the European
Spotify will no longer allow developers building third-party apps with its Web API to access several features within the music streaming platform, such as song and artist recommendations, the company announced in a developer blog post on Wednesday. The company appears to be limiting third-party developers from building AI apps using data from Spotify listeners.
At this year’s TechCrunch Disrupt in San Francisco, President and CEO of the Aerospace Corporation Steve Isakowitz and Agency Chief Technologist at NASA A.C. Charanya Charania took the stage to discuss a literal moonshot: how to build a thriving lunar ecosystem. Today on Equity, we’re taking you behind the scenes of TechCrunch Disrupt once again,
Xiaodi Hou, the co-founder and former CEO of self-driving truck startup TuSimple, is demanding that the board immediately liquidate the company and return all remaining funds – roughly $450 million – to shareholders “on a pure pro-rata basis, regardless of share class,” according to a letter that TechCrunch has viewed. Hou is also suing TuSimple
The long-standing feud between rappers Drake and Kendrick Lamar is heating up. Drake — via a business entity called Frozen Moments LLC — filed a petition yesterday in a New York Supreme Court accusing distributor Universal Music Group (UMG) of artificially inflating the popularity of “Not Like Us,” Lamar’s recently released “diss” track directed at
Just last year, Inflection AI was as hot as a startup could be, releasing best-in-class AI models it claimed could outperform technology from OpenAI, Meta, and Google. That’s a stark contrast compared to today, as Inflection’s new CEO tells TechCrunch that his startup is simply no longer trying to compete on that front. Between then
Perplexity, the AI-powered search engine, wants to get into hardware — kinda sorta. Aravind Srinivas, Perplexity’s founder and CEO, posted on X yesterday that he was considering making a “simple, under $50” device to “reliably answer” questions “voice to voice.” He promised that Perplexity would “definitely” sell such a device if the post got more
Spotify on Tuesday introduced a new set of tools for authors and publishers distributing their audiobooks on its platform with the launch of Spotify for Authors. Similar to its existing efforts, Spotify for Artists and Spotify for Creators (previously Podcasters), Spotify for Authors will allow writers and publishers to track insights and analytics about their
Beyond patriotism, there’s another huge reason to join a defense startup: it pays really, really well. Thanks to The Federal Funding Accountability and Transparency Act (FFATA), we can see the total compensation that defense tech startup Anduril, valued at $14 billion valuation, pays its top employees. The act requires the company to report the top
Vikram Bhaskaran was leading creator partnerships at Pinterest when his father started showing early symptoms of ALS, a rare, terminal neurodegenerative disease. “It turned my world upside down,” Bhaskaran said. He worked during the day, and spent his evenings Googling the illness and treatment options and in Facebook groups. But Bhaskaran discovered that finding clear,
The Onion, a satirical publication, won a bankruptcy auction earlier this month to purchase conspiracy theorist Alex Jones’ website, InfoWars, and other related assets. However, that sale is now in limbo after a federal judge temporarily halted the deal. On Monday, Elon Musk threw yet another wrench in the works, objecting to the transfer of
The rapidly growing social networking startup Bluesky, a Twitter/X alternative built on open web principles, revealed in a livestream on Monday how its approach to user account verification will differ from existing services, like Meta and X. While traditional social media has shifted to a pay-for-verification model, where users pay for the privilege of the
This week on found, Dom and Becca are talking with the co-founders of Alloy Women’s Health. The startup just closed a new funding round to expand its mission of fixing menopause care. Alloy founders, Monica Molenaar and Anne Fulenwider, discussed raising capital in a competitive health tech landscape, their choice to bypass traditional insurance models,
A group appears to have leaked access to Sora, OpenAI’s video generator, in protest of what they’re calling duplicity and “art washing” on OpenAI’s part. On Tuesday, the group published a project on the AI dev platform Hugging Face seemingly connected to OpenAI’s Sora API, which isn’t yet publicly available. Using their authentication tokens —
Writing the documentation that must go alongside the development of new drugs is a highly labor-intensive process: not much software is used and there’s a shortage of expert writers. Paris-based Biolevate helps medical writers go faster with a platform that uses NLP and visual document reading to assisting in writing. It’s now raised €6 million
Volta, a new startup with a team split between two headquarters in Milan and Paris, has secured a €6 million pre-seed round ($6.3 million) to develop a new vertical software-as-a-service platform focused on B2B sales. In more practical terms, the Volta team pitches its product as an equivalent to Shopify but focused on B2B transactions.
Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. This is where Cambridge University spin-out Molyon hopes to come in: the U.K. startup is developing next-gen
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