Midjourney, the AI image-generating platform that’s reportedly raking in more than $200 million in revenue without a single dime of VC investment, is officially getting into hardware. The company made the announcement in a post on X on Wednesday. Midjourney’s new hardware team will be based in San Francisco, it revealed. We’re officially getting into
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San Francisco-based data infrastructure startup Cribl has raised $319 million in a Series E funding tranche led by new investor GV (Google’s corporate venture arm) with participation from GIC, CapitalG, IVP and CRV. Bringing Cribl’s total raised to $600 million, the cash injection values the company at $3.5 billion — up around 40% from Cribl’s
It’s back-to-school season, and that often means a surge in expenses. Or perhaps you’ve recently graduated and are navigating the job hunt. Either way, your wallet might be feeling the pinch. We’re here to help with a limited-time offer: $200 off the Student Pass for TechCrunch Disrupt 2024. Don’t miss out — this discount is
In Latin American countries like Brazil and Chile, messaging platform WhatsApp has become one of the most popular apps to use to buy things online. It was even the e-commerce platform of choice in the region during the pandemic. But WhatsApp is designed to be a messaging platform, not an e-commerce site. A startup called
VerSe Innovation, India’s content tech unicorn that owns local language news aggregator Dailyhunt, digital newsstand platform Magzter and short-video app Josh, has acquired digital marketing firm Valueleaf Group in a cash and equity deal. Valueleaf will help VerSe to bolster its presence in the Indian digital ad space and build a significant retargeting platform, countering
Meta and Spotify are exploring deeper music integration in Meta’s Instagram app. New findings indicate the companies are testing a feature that would allow users to continuously share what music they’re listening to through Instagram’s Notes. The new functionality was first spotted by reverse engineer Alessandro Paluzzi, who often finds unreleased features while they’re still
Some believe open source AI is a way to break out of the familiar proprietary software quagmire that the technology has predictably fallen into. Hugging Face’s Irene Solaiman and AI2’s Ali Farhadi will discuss this complex issue on a panel at TechCrunch Disrupt 2024 — taking place in San Francisco from October 28-30. AI may
Eric Ly has a storied career: he started as an engineering intern at IBM, and twenty years later found himself co-starting and serving as the founding CTO of LinkedIn. After that, he went on to start a slew of companies, including his most recent one, KarmaCheck, which uses AI-driven technology to make background checks easier.
You might not know Viggle AI, but you’ve likely seen the viral memes it created. The Canadian AI startup is responsible for dozens of videos remixing the rapper Lil Yachty bouncing on stage at a summer music festival. In one video, Lil Yachty is replaced by Joaquin’s Phoenix’s the Joker. In another, Jesus seemed to
Inflection will cap free access to its AI chatbot Pi in the coming months, the startup tells TechCrunch. Users can also now export their conversations off the AI chatbot, as the new CEO shifts the company’s focus toward enterprise products. The usage caps come just a year after Inflection raised $1.3 billion to build out
Are you a Series A or B startup ready to make waves in the tech industry? The ScaleUp Startups Exhibitor Program at TechCrunch Disrupt 2024 can be your launchpad to success. This program offers unparalleled exposure, connecting you with top industry leaders, investors, and potential partners. Don’t miss out — less than a week left
Maximize your brand’s presence by hosting your Side Event in San Francisco during Disrupt Week — October 26 through November 1. Connect with more than 10,000 attendees of Disrupt 2024, as well as your network and the dynamic Bay Area tech community. You have the flexibility to host events that reflect your brand, including industry
Shared e-scooter startup Beam Mobility has placed hundreds of extra “phantom” scooters on city streets in Australia and New Zealand to avoid paying vehicle registration fees to local governments, according to a two-part report from The Australian. Cities place caps on the number of vehicles operators can deploy to avoid saturating streets and sidewalks with
San Francisco’s AI startup boom is so big, even international founders who don’t run AI startups are relocating there to help their companies grow, according to several founders who recently moved. This is largely because the tech talent and investor money is still overwhelmingly concentrated there, according to new data that VC firm SignalFire exclusively
The first defense startup to receive backing from Y Combinator, Ares Industries, launched earlier this week. In a post on the YC website, the startup outlined a vision to build low-cost cruise missiles that will be compatible with existing launch platforms, saying it will “deliver the capabilities that the [Department of Defense] wants in a
Travly is a new social-first discovery and hotel booking platform designed to cater to the growing number of travelers who rely on short-form video content for trip ideas. The platform features user-generated content that provides authentic reviews of hotels instead of generic information and often outdated images. Creators who submit videos of hotels have the
Eruditus, an Indian edtech startup, is in advanced stages of talks to secure about $150 million in new funding, two sources familiar with the matter told TechCrunch, in what would be the largest fundraise by an Indian education firm in years. TPG, a major private equity player, is discussing to lead the investment, the sources
Apple will be unveiling new products on September 10, with the announced phones going on sale on September 20, according to a report from Bloomberg’s Mark Gurman. That lineup will reportedly include the iPhone 16, with larger screens on the Pro models and a new button just for taking pictures. The phones should also support
This week, Google joined a $250 million deal with the state of California to support California newsrooms. While the deal offers a much-needed cash infusion for an industry that’s seen crippling layoffs this year, the deal’s been criticized by some as a half-measure — and a cop-out. By agreeing to this deal, Google averts bills
Mical Jeanlys-White built WealthMore out of frustration. She spent years on Wall Street, building products at American Express and serving as a managing director at JPMorgan Chase. She realized the finance industry still had a long way to go when it came to helping consumers build and understand wealth. “Seventy percent of Americans do not
VCs are increasingly buying shares of late-stage startups on the secondary market as they try to get pieces of the hottest ones — especially AI companies. But they are also increasingly doing so through financial instruments called special purpose vehicles (SVPs). Some of those SPVs are becoming such hot commodities that they are commanding premium
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. Despite it being summer, this week was rich with announcements. Let’s dive in. Most interesting startup stories from the week Image Credits: Niharika Kulkarni / NurPhoto / Getty Images No two businesses
AI models are being applied to every dataset under the sun, but are inconsistent in their outcomes. This is as true in the medical world as anywhere else, but a startup called Piramidal believes it has a sure thing with a foundational model for analyzing brain scan data. Cofounders Dimitris Sakellariou and Kris Pahuja have
This week on Equity are some deals that are unusual for a few reasons — some good, some… well, we’ll find out. First up is the $80 million round for Story, which is trying to apply that ol’ web3 magic to AI and talent management. As one investor puts it, “What Bitcoin did for money
Time is running out! These are the last hours to save up to $600 on TechCrunch Disrupt 2024 tickets — offer ends tonight at 11:59 p.m. PT. Join 10,000+ startup and VC leaders from October 28-30 at Moscone West in San Francisco. Be part of one of the year’s most anticipated tech events. Reserve your
Do you have a much-loved jacket with a torn sleeve or pair of grubby kicks gathering dust at the back of your closet? Tingit, a startup out of Lithuania, wants to help people restore their used clothing to its former glory with its newly launched repairs marketplace. The platform lets you use your phone to
Small businesses and startups often lack a dedicated travel desk, forcing executives and founders to rely on human assistants or consuming and cumbersome travel apps. Expedia’s former SVP of consumer product, Michael Gulmann, is betting on AI to bridge the gap. His company, Otto, emerges from stealth Thursday, with plans to launch an alpha version
We’re down to the last 2 days to save up to $600 on TechCrunch Disrupt 2024 tickets! Prices will rise after August 23 at 11:59 p.m. PT. Don’t miss your chance to save big on one of the most epic tech events of the year, happening October 28-30 at Moscone West in San Francisco. Why
When you really probe venture capitalists about investing in AI startups, they’ll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes. But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs.
Tens of millions of customer dollars remain unaccounted for at his previous startup, fintech Synapse. But that’s not deterring Sankaet Pathak from forging full steam ahead with his new robotics venture. Foundation is a robotics startup with a self-proclaimed mission “to create advanced humanoid robots that can operate in complex environments” to address the labor
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