Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and pay employees remotely, also said it has sold $300 million in secondary shares to General
Renewables notched another win as Amazon signed contracts to buy 476 megawatts of wind and solar on the Iberian Peninsula. The power purchase agreements with multinational utility Iberdrola should help Amazon feed new data centers it has planned in the region. Last May, the company said it would invest $17 billion in infrastructure projects, including
Tabular data is a broad term that encompasses structured data that generally fits into a specific row and column. It can be a SQL database, a spreadsheet, a .CSV file, etc. While there has been tremendous progress on artificial intelligence applied to unstructured and sequential data, these large language models are fuzzy by design. They
Self-driving truck startup Waabi is partnering with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks, an important milestone as it gets closer to a commercial launch. The tie up also marks Volvo’s second partnership to co-develop self-driving big rigs with a startup partner. In May 2024, Volvo teamed up with Aurora Innovation to
It’s never been easier to create and publish art than it is now, and if you believe the companies building tech around AI, the production process is going to get even more efficient. That’s especially the case with video production, with companies of all sizes using large language models to build tools that let you
Asya Bradley, a former fintech founder and investor, has joined payments giant Stripe as its new head of Startup & Venture Capital Partnerships. Bradley announced the news on February 2 in a post on LinkedIn, though her bio shows that she joined Stripe back in November. Neither Stripe nor Bradley were immediately available for comment.
Last Friday, AI startup OpenAI filed a new application to trademark products associated with its brand — “OpenAI” — with the U.S. Patent and Trademark Office (USPTO). Normally, this wouldn’t be newsworthy. Companies file for trademarks all the time. But in the application, OpenAI hints at new product lines both nearer-term and of a more
The Beatles’ AI-assisted track “Now and Then” won the Grammy for Best Rock Performance on Sunday night, marking the first time that a song of its kind has taken home the award. No, Paul McCartney did not use AI to create some creepy LennonGPT bot. Instead, he used noise reduction systems to clean up a
French startup Riot has raised a $30 million Series B round after reaching $10 million in annual revenue in 2024. Originally focused on educating employees about cybersecurity risks, the company now wants to go one step further and nudge employees so that they minimize their attack surface. Left Lane Capital is leading today’s round with
Missed the 2-for-1 deal for TechCrunch Disrupt 2025? No problem! Super Early Bird prices are still available, with savings of up to $1,130 on individual tickets and up to 30% on group passes. These savings are only good until the end of this month. Celebrate 20 years of TechCrunch Disrupt from October 27-29 at Moscone
OpenAI is announcing a new AI “agent” designed to help people conduct in-depth, complex research using ChatGPT, the company’s AI-powered chatbot platform. Appropriately enough, it’s called deep research. OpenAI said in a blog post published Sunday that these this new capability was designed for “people who do intensive knowledge work in areas like finance, science,
Google’s X “moonshot factory” this week announced its latest graduate. Heritable Agriculture is a data- and machine learning-driven startup aiming to improve how crops are grown. As the firm noted in an announcement post published Tuesday, plants are incredibly efficient and impressive systems. “Plants are solar powered, carbon negative, self-assembling machines that feed on sunlight
Thanks to the advent of cloud computing and distributed digital infrastructure, the one-person micro-enterprise is far from a novel concept. Cheap on-demand compute, remote collaboration, payment processing APIs, social media, and e-commerce marketplaces have all made it easier to “go it alone” as an entrepreneur. But what about scaling that one-person business into something meatier
DeepSeek is making waves in the AI world, grabbing headlines and taking over the app stores, even beating out OpenAI’s ChatGPT. But what’s really happening behind the hype? Today, on TechCrunch’s Equity podcast, Max Zeff is talking about it all with Ion Stoica, Professor of Computer Science Division at UC Berkeley and the cofounder and
When accounting startup Bench abruptly failed last month, the shutdown was forced when the company’s lenders called in the startup’s loan. In late 2023, the digital freight company Convoy faced financial challenges, leading venture lending firm Hercules Capital to assume control of the company to recover its investments. Divvy Homes, which sold for about $1
Adobe’s chief strategy officer Scott Belsky announced this week that he will be joining A24, the independent movie studio behind “Civil War,” “Everything Everywhere All At Once,” and many more titles. Belsky first joined Adobe in 2012 through the acquisition of Behance, leaving briefly in 2016 to become a VC at Benchmark but eventually returning
TikTok’s potential U.S. ban has sparked a flurry of development within the open social web community. Several new applications are being built that could one day serve as a TikTok replacement for those who favor the open source, decentralized social network Bluesky and the technology that powers it, the AT Protocol. Though the TikTok ban
Tech is upbeat about more companies going public this year, thanks in part to a new presidential administration that has promised to ease regulations and embrace industries like crypto and AI. But there were already early signs of bullishness — especially in fintech — thanks to the wildly successful 2024 IPO of ServiceTitan, a SaaS
Final hours for 2-for-1 Passes! One of the best Super Early Bird Deals for TechCrunch Disrupt 2025 will be wrapping up in just 24 hours for the rest of the year. The 2-for-1 Pass lets you bring a friend, colleague, or business partner, for nearly free. Buy one pass at the Super Early Bird rate
India announced a new $1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms and an ambitious nuclear energy program, as New Delhi seeks to boost tech innovation and clean energy in the world’s fifth-largest economy. Finance Minister Nirmala Sitharaman, presenting the federal budget for 2025-26, said the fund builds on
Last year wind and solar energy overtook fossil fuels to provide 30% of the EU’s electricity. With that in the background, startups in the solar space have been riding a generational change in how we get our power. In 2022 we covered how a small B2C European startup planned to bring solar to homes via
The lights dimmed as five actors took their places around a table on a makeshift stage in a New York City art gallery turned theater for the night. Wine and water flowed through the intimate space as the house — packed with media — sat to witness the premiere of “Doomers,” Matthew Gasda’s latest play
Perplexity, the venture-backed startup building AI-powered search products, has been sued in federal court for allegedly violating another company’s trademark. In a complaint filed Thursday in the U.S. District Court for the Northern District of California, attorneys representing a company called Perplexity Solved Solutions accuse Perplexity of infringing on its trademark rights by using the
A startup called Graze, which lets you build your own feeds for the Bluesky social network, has caught investors’ attention. In addition to offering tools to easily build, customize, publish, and manage Bluesky feeds, Graze will soon allow feed creators to monetize their efforts with advertising, sponsored posts, and subscriptions. In other words, Graze has
Tech companies may be vocal about their love of advanced nuclear power — the flashy trend that’s been sweeping the energy sector — but they continue to add renewable capacity. Meta recently signed a deal with Spanish renewable developer Zelestra for 595 megawatts of solar power in Texas, just two weeks after signing a separate
Apple has agreed to pay $20 million to resolve a class-action lawsuit over battery swelling on the Apple Watch. Filed in the U.S. District Court for the Northern District of California in 2019, the suit alleges that the problem affected the first four Apple Watch models. Battery swelling is pretty much what it sounds like:
Stress isn’t just bad for you — it’s also bad for your employer. Factoring in absenteeism, diminished productivity, turnover, medical costs, and accidents, the nonprofit American Institute of Stress estimates that workplace stress costs U.S. businesses over $300 billion annually. One way to measure stress is by monitoring cortisol levels. Even influencers know this, with
DeepSeek, DeepSeek, DeepSeek. We couldn’t escape the headlines around the Chinese AI lab this week. The startup lit a fire under Silicon Valley after releasing its R1 “reasoning” model and displacing ChatGPT as the App Store’s top app. While DeepSeek claims to have built its models more efficiently and at a fraction of the cost
Apple’s AI suite, Apple Intelligence, will soon be available in French, German, Italian, Portuguese, Spanish, Japanese, Korean, and simplified Chinese, along with localized English versions for India and Singapore. During the company’s Q4 2024 quarterly results call on Thursday, CEO Tim Cook said that the company will roll out support for these additional languages in
Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple new fintech products to
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