Apple and Microsoft are both now worth over $4 trillion
Apple and Microsoft are now worth more than $4 trillion each. This is the first time that Apple’s market capitalization has surpassed the $4 trillion mark, making it the third company to surpass this milestone after Nvidia and Microsoft. Redmond first crossed the mark in July, but its valuation has since fallen slightly to $3.9 […]
OpenAI completes for-profit recapitalization
OpenAI announced Tuesday that it has completed a recapitalization and separated AI Labs into a for-profit corporation housed within a nonprofit foundation. This is the end result of a complex legal process that was fiercely resisted by estranged co-founder Elon Musk. Under the new structure, the nonprofit OpenAI Foundation will legally control a public benefit […]
Disrupt 2025: Day 2 | Tech Crunch
Day 2 of TechCrunch Disrupt 2025 has begun. That means San Francisco’s Moscone West will once again be packed with speakers, workshops, networking opportunities, and after-parties for attendees. You can still register for tickets to join in the excitement. Since it’s only been a day since it started, you can get tickets at 50% off […]
Amazon to cut 14,000 corporate jobs
Amazon announced Tuesday that it plans to cut the company’s workforce by 14,000 to cut bureaucracy, remove layers and increase investment in its AI strategy. This is the second-largest job cut for e-commerce giant Amazon, after cutting 22,000 jobs in 2022. Amazon had approximately 1.2 million employees as of October 31, 2024, of which more […]
Venture capital is not an asset class, says Sequoia’s Roelof Botha
At TechCrunch Disrupt 2025, Sequoia managing partner Roelof Botha argued that the venture industry is not an asset class and that pouring more money into Silicon Valley won’t create better companies. “Investing in ventures is a risk with no return,” Botha said in an interview on the main stage at TechCrunch Disrupt on Monday. “If […]
Astro Teller, CEO of Alphabet’s X, talks about what makes a moonshot
Astro Teller, CEO of X, Alphabet’s “moonshot factory” where the company develops nearly impossible things, shared what makes a moonshot and detailed the company’s “fail fast” mantra at the TechCrunch Disrupt 2025 conference on Monday. Notable companies that started as moonshots from X’s Moonshot factory include Waymo and Wing. Teller pointed out that Company X […]
Zoom CEO Eric Yuan says AI will shorten our workweek
Zoom founder and CEO Eric Yuan believes AI assistants can ultimately shorten the work week. On stage at the TechCrunch Disrupt 2025 conference on Monday, Yuan spoke about the adoption of AI in his company’s video conferencing products. This includes a “digital twin” feature where an AI avatar speaks on your behalf. Yuan started using […]
Roelof Botha explains why Sequoia supports Sean Maguire after stepping down as COO
In an interview at TechCrunch Disrupt 2025 on Monday, Roelof Botha, managing partner at Sequoia Capital, answered questions about fellow Sequoia partner Sean Maguire and McGuire’s controversial comments earlier this year in which he called Sequoia a believer in its partners’ “free speech” rights. In a July 4 post on X, Maguire attacked New York […]
Strong by Form will showcase ultralight engineered wood at TechCrunch Disrupt 2025
Even before a building receives its first occupant, it has a huge carbon debt. According to the World Green Building Council, the materials and construction needed to construct buildings around the world account for 11% of the planet’s carbon emissions. Although experiments with high-rise wooden buildings have begun in some places and have recently reached […]
Mbodi shows how to train robots using AI agents at TechCrunch Disrupt 2025
Robots can be programmed to perform a variety of tasks, such as packing boxes or performing surgery. However, each individual movement or task requires a unique training process, making it difficult for robots to adapt to real-world scenarios. Mbodi wants to make training robots easier and faster with the help of AI agents. The company […]