Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures. The $133 million Series C funding round was co-led by agri-food
Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. Bloomberg says that the round, which also had participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, values Toronto-based Cohere at $5.5 billion. That’s more than double
TechCrunch Disrupt 2024 in San Francisco is fast approaching, and we’re seeking highly motivated volunteers to support our events team. If you dream of becoming a startup founder, marketer, or event coordinator, this experience offers an invaluable glimpse into the inner workings of a top-tier tech startup conference. Volunteer tasks Volunteers will assist in plenty
A little more than a year after launching the ROG Ally, Asus is releasing a refined version of its portable device, the ROG Ally X. This Windows-based machine starts shipping on July 22 for $800. I’ve been playing with the portable console for a few days, and there’s already a lot to like — especially
Google’s next big hardware event is set for August 13 at 10 a.m. PT. That’s roughly a two-month head start for the Made By Google event, which has traditionally occurred mid-fall. It also, notably, will find the company announcing its latest flagship, the Pixel 9, ahead of the iPhone 16. Apple’s latest is set for
When is a startup not a startup? When it’s a public company with 1,300 employees and $2.5 billion in capital. If that failed to conjure so much as a smile, that’s because it’s not a joke — it’s very much the reality for Nebius, a fledgling AI infrastructure business that has emerged from the ashes
There comes a time in every startup’s life when the leaders and stakeholders have to seriously start thinking about the endgame: What to do when you’ve raised $150 million in VC cash over 15 years en route to building a 100 million-plus community? And how do you go about executing that next step to ensure
Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could last into next week. If this deal does end up getting done, it would be Alphabet’s largest acquisition yet. It
It was an eventful week for the Silicon Valley moguls who have vowed to support Donald Trump in his bid to return to the presidency. Given the collision course of tech and Trump, when Leda Health founder Madison Campbell asked me if I’d care to buy an extra ticket to the Republican National Convention from
The onshoring of battery manufacturing for EVs started as a trickle during the COVID-19 pandemic. Then it turned into a tsunami. In 2019, just two battery factories were operating in the United States with another two under construction. Today there are about 34 battery factories either planned, under construction or operational in the country. U.S.
Windows users around the globe woke up on Friday morning to “blue screens of death” thanks to a faulty software update from CrowdStrike. The bug caused outages around the world, bringing airlines, boats, hospitals, and banks to a grinding halt. But some see opportunity in the rubble. The global outage is a perfect reminder how
Today is the final chance to save up to $800 on TechCrunch Disrupt 2024 tickets. Disrupt Deal Days event will end tonight at 11:59 p.m. PT. Don’t miss out on this opportunity to save big on the tech conference of the year. Book your last-minute ticket savings here. Why attend TechCrunch Disrupt 2024? TechCrunch Disrupt
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Most interesting startup stories from the week Shortly after Google parent Alphabet reportedly abandoned its ambitions to purchase online marketing software company HubSpot, the tech giant decided to pursue another big acquisition. This time, Google is in
Air traffic for many airlines ground to a halt after a buggy update from CrowdStrike took down Windows computers around the world. At the time of publication, nearly 3,500 flights have been canceled worldwide, according to FlightAware. While the IT outage is causing headaches for travelers, it may also have an unexpected effect on the
Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. This episode is packed with deals, antitrust musings, AI and more. To kick things off, Kirsten walked us through Elon Musk’s recent declaration of his intent to move both SpaceX and X’s headquarters out of California to Texas. Whether or
TikTok is partnering with the music distribution service DistroKit to fast-track the creation of artist accounts for members. The ByteDance-owned short video platform introduced an Artist Account feature last year to let musicians showcase their new music along with their music catalog on the platform and behind-the-scenes footage. Typically, it takes up to 30 days
Fast-growing payroll provider Deel is making a sizable acquisition, its third this year. Deel announced on Thursday that it acquired Hofy, a London-based company that delivers and helps manage office equipment for remote hires. Financial terms weren’t disclosed, but a source familiar with the matter told TechCrunch that the deal was worth over $100 million.
When the war between Israel and Hamas broke out last October, we examined its potential impact on the tech ecosystems in Israel and Palestine. Nine months later, the prevailing sentiment in Israel, based on my conversation with founders and investors, is that the conflict has made the startup and VC ecosystem more resilient, especially its
What do MrBeast, John Oliver and the Wall Street Journal have in common? The transcripts of their YouTube videos have been scraped to train the AI used by companies like Anthropic, Nvidia, Apple and Salesforce. An investigation from Wired and Proof News found that this dataset, which is called YouTube Subtitles, contains transcripts from over
Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder was sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week. HeadSpin’s 2023 revenue was $21 million and its Q1 2024 revenue stood at $5 million, the
When Tade Oyerinde first set out to fundraise for his startup, Campus, a fully-accredited online community college, it was incredibly difficult. VCs have backed for-profit education companies in the past, including Coursera and Udacity, but backing a more traditional two-year college is different. Plus, he was looking for funds a few years ago when higher
Apple on Thursday announced its upcoming lineup of immersive video content for the Vision Pro. The list includes behind-the-scenes footage of the 2024 NBA All-Star Weekend, an immersive performance by The Weeknd, new series, films, concerts and more. The headset launched in February with more than 150 3D movies and immersive titles. Apple is adding
Coast, a startup that describes itself as “a financial services platform for the future of transportation,” has raised $40 million in Series B funding — just four months after announcing a $25 million venture round and $67 million in debt financing, the startup has told TechCrunch exclusively. Back-to-back fundraises were common prior to and during
A nuclear fusion experiment at the University of Wisconsin-Madison has set a record for the strongest steady magnetic field confining a plasma, ushering in new hope that forthcoming demonstration reactors will deliver on their promises to produce more power than they consume.. The new magnets came from Commonwealth Fusion Systems (CFS), a pioneering startup in
Proponents of nuclear fusion have long promised to create nearly limitless power here on earth by harnessing the same reaction that powers the sun. Today, fusion’s biggest hurdle is ensuring that any fusion power plant produces more power than it needs to operate. The second is ensuring that it has enough fuel to run. Many
The threat of deepfakes is growing as the AI tools to create them become widely accessible. There was a 245% increase in deepfakes worldwide from 2023 to 2024, an uptick spurred in part by coming election cycles, according to verification provider Sumsub. It’s also affecting the corporate sector; a recent Business.com survey found that 10%
When Jaclyn Rice Nelson and Noah Gale launched AI talent and services company Tribe AI in 2019, they had to convince companies that having an AI strategy mattered. After the release of ChatGPT in 2022 and the AI mania it ushered in, the startup has experienced a “massive boom” in demand, Gale told TechCrunch. Rice
If your top concern for a pair of headphones is how well they filter the air, Dyson’s OnTrac aren’t for you. In fact, the new over-ear headphones don’t filter air at all. That much, at least, marks a key change their spiritual predecessors, the Zone, which both fascinated and baffled the tech world with their
Adtech startup InMobi is eyeing a valuation of about $10 billion in an initial public offering it is planning for next year, two sources familiar with the matter told TechCrunch. The firm plans to list in India, the sources said, requesting anonymity as the deliberations are private. InMobi is profitable and plans to shift its
It’s not everyday that OpenAI founder Sam Altman teaches your class at Stanford, but that’s the kind of entrepreneurial spirit Lawrence Lin Murata, co-founder and CEO of Slope, tapped into as he and Alice Deng build their B2B payments company. “We met back in 2016 when he taught a class called ‘How to Start a
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