The new A16Z report considers that AI company startups are actually paying
On Thursday, Andreesen Horowitz released its first AI spending report in collaboration with FinTech Farm Mercury. Using transactional data from Mercury, the report analyzes the top 50 AI-Native application layer companies that startups spend, similar to the top 100 Gen AI Consumer Apps previously published. A16Z partners Olivia Moore and Seema Amble say the data […]
Openai is the most valuable private company in the world after private stock sales
According to a new Bloomberg report, Openai has sold $6.6 billion in stake held by current and former employees. The sale brings Openai to a total valuation of $500 billion. This is the best private company has ever achieved. Buyers included SoftBank, Dragoneer Investment Group, Thrive Capital, MGX, and T. Rowe Price. This sale was […]
TechCrunch sabotages the 2025 bundle sale and ends tomorrow
Tik Tok! The Bundle Sale for TechCrunch Founders and Investors will close in 2025 at 11:59pm on October 3, 2025. Founders will then no longer be able to register in bulk at discounts, and investors will return to the standard 15% savings. Don’t miss the chance to save more and recharge your experience of disruption […]
Tesla has the best sales quarter ever since its EV tax credit expired
Tesla’s sales growth disappeared in half last year, but the company has mostly registered its highest quarterly delivery ever. Tesla has delivered 497,099 vehicles in the past three months, the company announced Thursday. This is a massive 29% jump from the second quarter, up about 7% in the same period last year, a rise above […]
Onelete raises $33 million to shake up the world of security compliance
Brian Onell’s father was a locksmith. As for One, he described himself as a digital equivalent. Ethical hacking was growing in One’s hobby. He studied AI in college and changed his hacking hobby into a profession. “I spent 10 years with over 150 companies in all sectors,” One told TechCrunch, adding that it continues to […]
Instagram Head says that the company doesn’t listen to you using a microphone (with AI data, you don’t have to do that)
Instagram head Adam Mosseri posted to his account to dispel the myth that the social networking giant is actively “listening” users to target with related ads. The idea that Meta secretly turns on the microphone on a user’s phone to record a conversation is a long-standing conspiracy theory, and has been argued by the company […]
Openai staff is working on pushing the company’s social media
Some current and previous Openai researchers have said about their first foray into social media: SORA app, Tiktok-style feeds filled with videos generated by AI, and many Sam Altman Deepfakes. Researchers who air their complaints on X seem to have been torn apart about how launch fits Openai’s non-profit mission to develop advanced AI that […]
Better Tomorrow Ventures shuts down $140 million and remains bullish on Fintech
Sheel Mohnot, co-founder and general partner of Better Tomorrow Ventures (BTV), has one simple answer for those who claim that investment in Fintech has lost some of its appeal. “The financial world is huge. Approximately 20% of global GDP is financial services, and yet not digital,” he told TechCrunch. Many financial transactions are still being […]
Anker offered to pay the owner of Euphee camera to share a video to train AI
Earlier this year, Anker, a Chinese company that manufactures Euphoric security cameras, provided the money to users in exchange for packaging and video of theft of the car. The popular internet-connected security camera maker said paying customers $2 per video to train their AI systems will help them better detect thieves stealing cars and packages. […]
California’s new AI safety law shows that regulation and innovation don’t have to clash
SB 53, California Governor Gavin Newsom, signed the law this week, is evidence that state regulations do not need to hinder AI progress. Adam Billen, vice president of public policy for a youth-led advocacy group, says he will encode AI in an episode of today’s episode. “The reality is that policymakers themselves know we have […]