The founder of once-hyped crypto startup BitClout is facing trouble. On Tuesday, the SEC charged BitClout founder Nader Al-Naji with fraud and unregistered offering of securities, claiming he used a pseudonymous identity to avoid regulatory scrutiny while he raised over $257 million in cryptocurrency. BitClout, a decentralized social media platform, raised from a who’s-who of
The software supply chain faces threats from all sides. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack, with 54% having experienced one within the past year. Supply chain attacks typically target services from third-party vendors or open source software that make up a
Users will be able to get the first taste of Apple Intelligence as Apple has started to make some of the features of its AI suite available with the iOS 18.1 developer beta released Monday. The company launched Apple Intelligence at its Worldwide Developer Conference (WWDC) in June. However, the first set of developer beta
Intelmatix, a deep tech B2B startup that’s targeting businesses in the MENA (Middle East and North Africa) region wanting help to tap into the power of AI for decision-making, has closed a $20 million Series A funding round — one of the largest such rounds for a regional company of this type. The startup, which
Airtable today announced that it has acquired Dopt, a startup focused on helping other startups build product onboarding experiences for new users. Earlier this year, Dopt introduced a number of features that helped users add AI-based assistance tools to their respective services — those are the main reason Airtable is now acquiring the company. The
Ever since a government experiment proved in 2022 that fusion isn’t as far fetched as it once seemed, physicists, engineers, and investors have been growing increasingly bullish on the technology’s ability to deliver on its long held — if frequently delayed — promise of providing nearly limitless amounts of emission-free power. The latest exhibit of
AI hardware is all the rage in startup land — though receptions have thus far been mixed. Two notable examples, Rabbit and Humane, released devices to disappointing results. a16z-backed Limitless and Exor-backed Bee AI, meanwhile, are working on their own screenless AI wearables. Avi Schiffmann, a Harvard dropout who built a Webby Award-winning website that
Perplexity AI will soon start sharing advertising revenue with news publishers when its chatbot surfaces their content in response to a user query, a move that appears designed to assuage critics that have accused the startup of plagiarism and unethical web scraping. Dmitry Shevelenko, Perplexity’s head of business, told TechCrunch that the company was actually
Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to deepen its investments in its AI tech stack. The financial terms of the deal weren’t disclosed, but Canva co-founder and chief product officer Cameron Adams said it’s a mix of cash and stock. All of Leonardo.ai’s 120 employees will
Zoe, a nutrition company based in London, is expanding its presence in the United States after raising $15 million in a Series B extension. Here’s how it works: Zoe sends customers at-home testing materials to collect blood or feces to test blood fat, blood sugar, and gut microbiome health. Following those results, the company scores
Qualcomm Tuesday announced the Snapdragon 4s Gen 2. The entry-level chip aims to make 5G accessible to 2.8 billion smartphone users in price-sensitive markets, including India and Latin America. Manufacturers lately have struggled to attract feature phone buyers in India, the world’s second-biggest smartphone market, primarily due to a lack of 5G models in the
The promise of AI and large language models (LLMs) is the ability to understand increasingly wider amounts of context and make sense of that information easily, so it makes sense that we’re seeing a bunch of companies trying to make wearable hardware so that people can use AI in their day-to-day lives. The latest entrant
A fireside chat on Monday between Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg at the SIGGRAPH 2024 conference in Colorado took a few unexpected turns. It started innocently enough, with Huang waxing positive about the capabilities of Nvidia GPUs and Zuckerberg speaking about his vision of an AI chatbot future. But by the
Government websites aren’t known for cutting-edge tech. GovWell co-founder and CTO Ben Cohen discovered this while trying to help his dad, a contractor, apply for building permits. Cohen worked as a full stack engineer at Uber during the day and faxed documents for building permits at night. The difference in tech was stark. Years later,
Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. Today’s episode is packed with M&A talk, how one YouTuber succeeded at the creator economy, why Twitch is still losing money and an autonomous vehicle company that is making a comeback. First up, senior reporter Rebecca Bellan took a look
The first time I saw Google’s latest commercial, I wondered, “Is it just me, or is this kind of bad?” By the fourth or fifth time I saw it, I’d stopped wondering. It starts innocuously enough, with a father talking about how much his daughter loves Sydney McLaughlin-Levrone (she “might even be the world’s number
Samsung’s original Galaxy Flip was the phone that taught me to love foldables. Prior to the launch of the clamshell, devices were big and bulky like the Galaxy Fold. Rather than embracing portability, the goal was jamming as much screen real estate as possible into a pocketable design. The result, in the case of the
The California Department of Motor Vehicles this week granted Nuro approval to test its third-generation R3 autonomous delivery vehicle in four Bay Area cities, giving the AV startup a positive boost after facing some setbacks and financial struggles. The approval gives Nuro the ability to test its driverless delivery vehicle in Mountain View, Palo Alto,
Working and even living in space has shifted from far-off fantasy to seemingly inevitable reality, but the question remains: what exactly will the next generation of space habitation look like? For Max Space, the answer is clear, and has been for decades — centuries, even. A new generation of expandable habitats could offer both safety
Clutch, a marketplace for digital marketing services, has been acquired by the online social network Plaiced, Clutch’s co-founder, Madison Long, told TechCrunch. The deal closed earlier this week for undisclosed terms. “The creator economy is growing rapidly, we knew to remain competitive and really be able to take over market share, an acquisition would be
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. To get Startups Weekly in your inbox every Friday, sign up here. This week we are talking about Wiz’s bold decision, VC’s public feud, legal tech’s new capital and a16z’s close call. Let’s go! Most interesting startup stories
Payments giant Stripe has acquired a four-year-old competitor, Lemon Squeezy, the latter company announced Friday. Terms of the deal were not disclosed. As a merchant of record, Lemon Squeezy calculates and pays global sales tax for digital products, handling legal processing and fees in every country. It primarily serves SaaS and software businesses. In a
Apple has reduced prices of its iPhone models in India by 3-4% following a cut in import duties in the South Asian market. The price cuts range from 3000 rupees ($36) for models like the iPhone 13, 14 and 15, and to up to 6,000 rupees ($72) for the iPhone 15 Pro and Pro Max
Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. This episode is packed with some significant fundraises, a potentially massive acquisition falling apart and looking at what happens when a fintech company suddenly stops serving certain customers. To kick things off, Mary Ann Azevedo walked everyone through Clio’s huge
Skip exited stealth this week to announce a partnership with outdoor clothing specialist Arc’teryx. The deal is the first to bring Skip’s MO/GO technology to market: “powered pants” that utilize a soft exoskeleton technology, developed in-house at Alphabet’s X Labs moonshot factory. MO/GO, short for “mountain goat,” is a hybrid soft/rigid exoskeleton system designed to
Ledger, a French startup mostly known for its secure crypto hardware wallets, has launched a new mid-range device, the Ledger Flex. Available now, priced at $249, the dinky hardware wallet features an E-Ink display to navigate the interface and approve transactions with a tap. Like all of Ledger’s wallets, the Ledger Flex is built around
Venture capital has become a more global industry as the tech sector slowly decentralizes. In 2022, more than 50% of VC deployed globally was invested in startups outside the U.S., according to data available from the National Science Foundation (NSF) — a stark contrast to 20 years ago, when nearly 80% of the world’s venture
Amid the generative AI boom, companies are spending a lot on cloud infrastructure — and they’re concerned about it. According to a 2024 survey from cloud cost monitoring platform CloudZero, less than half of companies think that they have “healthy” cloud costs, with 58% saying their costs are too high. A number of public cloud
The energy transition is a marathon, not a sprint. But opportunities for acceleration are growing. Swedish startup Greenely* has just spotted one. It’s closing an €8 million Series A funding round to expand its energy management platform into neighbouring Nordic countries (so around $8.7M at current exchange rates). The energy tech startup is serving around
A decade-old drama involving VC David Sacks and Rippling founder Parker Conrad over their previous company Zenefits has blown up this week into a finger-pointing fight on X with many among the Silicon Valley elite taking sides. But, as entertaining as it may be for observers, some have weighed in to say that such fights
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