TuSimple co-founder and former CEO Xiaodi Hou is on a war path in the lead up to Friday’s annual shareholder meeting that will decide the makeup of the company’s board of directors. Over the past several weeks, Hou has sued TuSimple for control of his voting rights, demanded the company immediately liquidate and return all
Colin Angle, one of the co-founders of Roomba maker iRobot, is raising cash for a home robotics venture. A filing with the U.S. Securities and Exchange Commission reveals that Angle’s new company, Familiar Machines & Magic, is trying to raise $30 million. So far, it has raised $15 million from a group of eight investors.
YouTube on Monday announced it will give creators more choice over how third parties can use their content to train their AI models. Starting today, creators and rights holders will be able to flag for YouTube if they’re permitting specific third-party AI companies to train models on the creator’s content. From a new setting within
Cybersecurity practitioners take a community-driven approach to solving problems. Security researchers share the vulnerabilities they find with the broader cybersecurity community, which allows companies to patch up their security holes before something catastrophic happens. Prequel is looking to bring that same approach to software. The startup is building a database of software failure patterns or
Skims co-founder Jens Grede has confirmed that plans for an IPO are on the back burner—for now at least, according to a new interview with WWD. TechCrunch reported in August that investors were hoping for the retail darling, last valued at $4 billion, to go public, and the Information reported that the earliest it could
Google DeepMind, Google’s flagship AI research lab, wants to beat OpenAI at the video generation game — and it might just, at least for a little while. On Monday, DeepMind announced Veo 2, a next-gen video-generating AI and the successor to Veo, which powers a growing number of products across Google’s portfolio. Veo 2 can
Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is launching out of stealth after processing over $1 billion in transaction volume for thousands of African businesses over the last three years. The fintech claims to have processed over 25,000 transactions, generating $1.3 billion in total payment volume (TPV)
The all-electric 2025 Lucid Air Pure is a dreamy, sexy car that’s no less luxurious for being the cheapest trim in Lucid’s Air lineup. I felt fancy and discerning driving around, but in an understated way – as if I were wearing designer sweatpants. But does fancy equal value? I spent about 10 days driving
The next big upgrade to Apple’s mobile devices could be foldability, according to multiple reports published Sunday. According to The Wall Street Journal, Apple is aiming to launch two foldable devices in the next few years. There’s a larger model with a 19-inch screen that could compete with desktop monitors, as well as a smaller
While I have fond memories of past efforts to combine VR content with real-world locations, I’d assumed the pandemic had put those ambitions to an end. If I wanted VR in 2024, I thought I’d have to buy a headset, and it would be a largely solitary experience at home or in the office —
Facebook’s parent company Meta is supporting Elon Musk’s effort to block OpenAI’s conversion from a non-profit company into a for-profit one. As reported by The Wall Street Journal, Meta sent a letter to California Attorney General Rob Bonta arguing that allowing the shift would have “seismic implications for Silicon Valley.” And while the company asked
Electric vehicle charging startup EVgo is the latest company to secure funds from the U.S. Department of Energy as the Biden administration races to approve clean energy loans before Donald Trump takes over. Trump has promised to cancel any unspent funds from Biden’s bipartisan Inflation Reduction Act, including the $7,500 tax credit for new EV
Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD. Per Bloomberg, the round values Liquid AI at over $2 billion. Liquid AI aims to build general-purpose AI systems powered by a relatively new type of AI model called a liquid neural network. Liquid
All year long, TechCrunch covers startups, everything from unicorns to tiny seed-stage launches. We are, in many ways, the startup experts. To create this list, organized alphabetically, we looked back through our year’s worth of coverage for startups that stood out to us. They have fascinating new technologies, business models, or founder stories, or are
AI continues to reshuffle power and energy markets with even oil giants like Exxon Mobil getting into the mix. Exxon announced this week that it’s planning to build a power plant for data centers, reflecting just how much electricity tech companies expect they’ll need in the coming decade. According to one estimate, nearly half of
A few years ago, Australia passed legislation requiring platform giants including Facebook-owner Meta and YouTube’s parent Google to negotiate with news publishers to pay for journalism reshares. The News Media Bargaining Code forced Big Tech to cut deals with local news outlets. However, Meta has since moved away from promoting news on its platforms globally
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. This week in startup news, we have some contrarian bets, funding rounds from all around the world, new VC funds, and a final word of warning. Most
Kalshi CEO Tarek Mansour confirmed on a podcast interview that his employees asked social media influencers to promote memes about the FBI’s raid on the home of his archrival, the CEO of Polymarket. Both companies offer competing events-betting markets, a new kind of betting industry where people wager about the outcomes of events ranging from
G2 Venture Partners, the high-profile firm that spun out of Kleiner Perkins Caufield & Byers, is raising a third fund with a target of $750 million, TechCrunch has learned. The raise, which was disclosed in a regulatory filing, is a bullish vote of confidence in climate and sustainability startups, while other investors have voiced cautious
AI training data has a big price tag, one best-suited for deep-pocketed tech firms. This is why Harvard University plans to release a dataset that includes in the region of 1 million public-domain books, spanning genres, languages, and authors including Dickens, Dante, and Shakespeare, which are no longer copyright-protected due to their age. The new
Almost one decade after its $1 billion acquisition of Cruise, automaker General Motors has decided to give up on the self-driving startup. GM will now use Cruise tech to improve its own advanced driver assistance system with the ultimate goal of offering personal autonomous vehicles. Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha,
The road from scientist to founder is well trodden, but that doesn’t mean it’s easy. Those pitfalls are why, over the last decade, several programs have sprung up to help smooth the path for technical founders. Now, two prominent programs, Activate and The Engine Accelerator, have decided they can give founders an even bigger advantage
In October, Google started piloting a version of NotebookLM, its viral AI note-taking and research app, aimed at businesses. Now, the company’s bringing NotebookLM to the enterprise, complete with work-focused security and privacy features. NotebookLM for enterprises — which Google’s dubbing NotebookLM Plus — delivers the same experience as the consumer version, but with added
Tom Gardiner and Harry Marshall founded Trevor.io in 2016 as a no-code business intelligence platform to help non-data people run analysis on their internal data. That business was solid, but customers increasingly started asking the company for access to the same tools for their customer-facing data. Gardiner told TechCrunch that the company initially resisted the
It’s becoming increasingly costly to develop and run AI. OpenAI’s AI operations costs could reach $7 billion this year, while Anthropic’s CEO recently suggested that models costing over $10 billion could arrive soon. So the hunt is on for ways to make AI cheaper. Some researchers are focusing on techniques to optimize existing model architectures — i.e.
AI models that understand videos as well as text can unlock powerful new applications. At least, that’s what Jae Lee, the co-founder of Twelve Labs, believes. Granted, Lee’s a little biased. Twelve Labs trains video-analyzing models for a range of use cases. But there may just be something to his assertion. Using Twelve Labs’ models,
ServiceTitan, which offers financial and customer management software for the trades, went public in a big way on Thursday, much to the delight of retail investors. The stock quickly popped from its opening IPO sales price of $71 million to $105 a share in modest trading volume. It is currently maintaining an above-$100 price. ServiceTitan’s
Running a startup can be expensive, requiring a multitude of different subscriptions. Cap table management software, which helps founders organize their funding, can cost thousands of dollars a year. San Francisco-based Carta is the market leader in this industry. But some startup founders say Carta is making it too hard to cancel their subscriptions. The
Arriving in time for holiday travel and potentially lost luggage, a new feature that allows Apple AirTag owners to share the location of a lost item is now integrated with the customer service systems of two major airlines. United and Air Canada are the first launch partners for Apple’s “Find My Share Item Location” feature,
Throw a stone and you’ll likely hit a deepfake. The commoditization of generative AI has led to an absolute explosion of fake content online: According to ID verification platform Sumsub, there’s been a 4x increase in deepfakes worldwide from 2023 to 2024. In 2024, deepfakes accounted for 7% of all fraud, per Sumsub, ranging from
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