Cursor continues acquisition spree with deal with Graphite
Cursor, an AI coding assistant, announced it has acquired Graphite, a startup that uses AI to review and debug code. Terms of the deal were not disclosed, but Axios reported that Cursor paid “well above” Graphite’s final valuation of $290 million. This valuation was set when the five-year-old company raised $52 million in Series B […]
Elon Musk’s $56 billion Tesla pay package reinstated by Delaware Supreme Court
The Delaware Supreme Court has reinstated Elon Musk’s $56 billion Tesla compensation package from 2018, overturning a ruling last year by the state’s Treasury Court, according to an opinion released Friday. In a unanimous decision, the Delaware Supreme Court justices said that canceling Musk’s package “denies him compensation for six years of his time and […]
Anonymous messaging app NGL is acquired by EarnPhone startup Mode Mobile
Anonymous messaging app NGL announced Friday that it has been acquired by Mode Mobile, a smartphone points company that makes money by bombarding users with ads. NGL quickly climbed the App Store charts after its release in late 2021, joining a group of similar apps popular with teens that allow users to send and receive […]
Hundreds of Cisco customers are vulnerable to new Chinese hacking campaign, researchers say
Cisco said Wednesday that a group of hackers backed by the Chinese government is exploiting vulnerabilities to target enterprise customers using its most popular products. Cisco has not said how many customers have already been hacked or may be running vulnerable systems. Security researchers now say there are hundreds of Cisco customers who could be […]
Yann LeCun approves new ‘world model’ startup, reportedly seeking valuation of more than $5 billion
Renowned AI scientist Yann LeCun admitted Thursday that he has launched a new startup, the worst-kept secret in the tech world, but said he has no intention of running the new company as CEO. His startup is called Advanced Machine Intelligence (AMI) and has hired Alex LeBrun, co-founder and CEO of medical transcription AI startup […]
Netflix is betting that podcasts will become the new daytime talk show
When you listen to a podcast, you probably don’t have the Netflix app open, at least for now. If Netflix has its way, that may change. In addition to its recent deal with Spotify, the streamer also signed deals this week with iHeartMedia and Barstool Sports, giving it exclusive video rights to some shows. The […]
Known uses voice AI to support more direct dating
Celeste Amadon and Asher Allen were working on an app that uses AI to book restaurant reservations for dates when they came up with a bigger idea: encouraging people to meet up in person. And now it’s gaining attention among investors. The two created a voice-powered AI onboarding system for apps that lets users learn […]
Hacking, theft and destruction: 2025’s worst data breaches
Every year, TechCrunch looks back at the cybersecurity horror shows of the past 12 months, from the biggest data breaches to hacks that left weeks of chaos, to see what we can learn. This year’s data breaches were unlike anything we’ve seen before. Let’s take a look back at some of the biggest security incidents […]
OpenAI reportedly looking to raise $100 billion at $830 billion valuation
OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker as much as $830 billion, the Wall Street Journal reported Thursday, citing anonymous sources. The company aims to raise funds by the end of the first quarter of next year and may ask sovereign wealth […]
TikTok reaches agreement to transfer control of its U.S. business to a group of U.S. investors
TikTok has reached an agreement to transfer a significant portion of its U.S. operations to a group of American investors, ending a years-long battle in which the federal government tried to force the platform to do so. An internal memo from ByteDance CEO Shou Chew, seen by TechCrunch, describes the new partnership as “a new […]