SpaceX officially prices shares at $135 in the largest IPO ever | TechCrunch
…He is also entitled to another 5.6 billion Class B shares, which comes with 10 votes per share and includes the billion shares contingent on a long-shot bet that a…
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OpenAI files confidentially for IPO, following Anthropic | TechCrunch
…And the burn does appear to be massive. In late March, OpenAI secured $122 billion in the largest funding round in Silicon Valley history — $3 billion of which came directly from retail…
Five architects of the AI economy explain where the wheels are coming off | TechCrunch
…The generation question Near the end of our panel, someone in the audience asked the obvious uncomfortable question: is all of this going to impact the next generation’s capacity for critical…
TechCrunch | Startup and Technology News
…The AI skills arms race is coming for automotive Top Headlines Apple’s Siri revamp could include auto-deleting chats Why trust is a big question at the Elon Musk-OpenAI trial…
Has the hunt for AI compute uncovered the next Cerebras? | TechCrunch
…Nvidia’s $20 billion Groq transaction in December and Cerebras’ $57 billion IPO last week point the way. With capacity strained at both those companies, the co-founders of General Compute, CEO…
Mercor’s Brendan Foody calls out Sequoia, accusing it of 'dual-pricing' valuation tricks | TechCrunch
…Brendan Foody, co-founder of the AI talent platform Mercor, which was last valued at $10 billion , went so far as to call out Sequoia, arguably one of the most elite VC…
AirTrunk commits $30B to build 5GW of AI data centers in India | TechCrunch
…about ₹2 trillion (around $21 billion). The company already has a development pipeline of about 600MW across Mumbai, Chennai and Hyderabad. AirTrunk did not respond to questions on whether the proposed Raigad…
Google Search as you know it is over | TechCrunch
…AI Overviews are now used by more than 2.5 billion monthly users; meanwhile, its conversational search mode, launched last year, now tops 1 billion monthly users. (ChatGPT, for comparison, has 900…
Meta reportedly moves to unwind $2B Manus deal after Beijing's demand | TechCrunch
Meta has begun dismantling its $2 billion acquisition of Manus, completing an operational separation from the Chinese-founded AI startup and halting data sharing between the two companies. This is the most…
Exclusive: Jeff Bezos rep leaves Slate Auto board | TechCrunch
Melinda Lewison's departure raises questions about Bezos' support and involvement with the startup at a time when the Amazon founder is now apparently focused on robotics at his new startup, Project…