Rivian R2 launch: Here’s what you get for $57,990
Two years after revealing what its next-generation affordable EV will look like, Rivian has shared all the pricing, colors, and performance specs for its upcoming R2 SUV. And like many new car releases, it’s complicated. Bottom line: Rivian’s bid to sell a more affordable EV that is accessible to a broader market will cost between […]
Google uses old news reports and AI to predict flash floods
Flash floods are one of the world’s deadliest weather phenomena, killing more than 5,000 people each year. They are also some of the most difficult to predict. But Google thinks it has solved that problem in an unexpected way: by reading the news. Humans collect a lot of weather data, but flash floods are too […]
Lovable announces $100 million in revenue growth last month alone with just 146 employees
Lovable surpassed $400 million in annual recurring revenue in February, the Stockholm-based company confirmed to TechCrunch. However, the company declined to say whether it expects ARR to reach $1 billion by the end of the year, saying it is focused on “helping builders scale their impact on our platform.” Lovable, along with Cursor, Mercor, and […]
Quince reaches $10 billion valuation with mega $500 million round led by Iconiq
Amid all the huge valuations for early-stage AI startups, today we have some unusual news. It’s a blockbuster round and a step up in valuation for an e-commerce company. Quince announced Wednesday that it has raised $500 million in a Series E round at a valuation of $10.1 billion. The round was led by previous […]
Alternative app store AltStore PAL joins Fediverse
AltStore PAL, an alternative app store for iOS made possible by new regulations in markets such as the EU and Japan, is integrated with the open social web. The company on Wednesday announced support for fediverse, an open social web powered by ActivityPub that powers apps like Mastodon, Flipboard, PeerTube, and Threads. Users on the […]
Driver in fatal Ford Blue Cruze crash was likely distracted before the collision
Two drivers involved in a fatal 2024 crash while using Ford’s BlueCruise hands-free driving system were likely distracted shortly before the crash, according to new information released Wednesday by the National Transportation Safety Board (NTSB). The safety board released documents on each crash and announced it would hold a public hearing in Washington, D.C., on […]
Replit’s valuation reaches $9 billion six months after reaching $3 billion
Vibe-coding sensation Replit has reached a new funding milestone. The company announced Wednesday that it has raised $400 million in Series D funding at a valuation of $9 billion, led by previous investor Georgian Partners. Other participating investors include G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and […]
Spark is rumored to be raising billions as VC megafund returns with General Catalyst
Following last month’s news that New York’s hottest venture firm, Thrive, raised $10 billion for a new fund, its largest ever and double its previous raise, another major VC firm is trying to match that amount. General Catalyst is in talks to raise $10 billion, anonymous sources told Bloomberg. The company, which has reinvented itself […]
WordPress is debuting private workspaces that run inside your browser through a new service, my.WordPress.net.
WordPress publishing software can now run entirely in a web browser, the organization that develops open source publishing software announced Wednesday. Through a new service called my.WordPress.net, WordPress software allows users to set up a site and start publishing without signing up, setting up a hosting plan, or registering a domain. Instead, the new solution […]
Meta’s Moltbook deal hints at a future built around AI agents
Some may have scratched their heads Tuesday morning when news broke that Meta had acquired Maltbook, a social network for AI agents. What on earth does Meta, an ad-supported company, want from a social network whose users are bots? After all, bots are not the target users of brand marketers and advertisers. Meta doesn’t say […]