…Coinbase expects to incur approximately $50 million to $60 million in severance costs, it said in an SEC filing . In the email, Armstrong cited the volatility of crypto markets as a reason…
…Uber has made direct investments in both Nuro — about $500 million as first reported by TechCrunch in May — and in Lucid. The ride-hailing giant has committed to invest $500 million in…
…Founded in 2024, the startup has already booked $1.6 million in sales, with a single contract expected to expand to $35 million later this year. The company is also promising investors…
…For instance, an employee at another startup described a discrepancy where marketing materials claimed $50 million in ARR, while the actual figure was $42 million. However, this person claimed that investors had…
…Nuro spokesperson David Salguero told TechCrunch the company expects to begin driverless testing later this year, without providing further information on timing. The driverless permit is one of many regulatory hurdles that…
…122 billion fundraise and what its near-trillion-dollar valuation says about expectations for AI. Whoop’s $575 million raise and the shift toward “wearables 2.0” (and what happens to all…
…He expects the first launch before the end of 2028. Today, the company announced the closure of a $275 million Series B round at a post-money valuation of $2 billion, led…
…Hidden behind the fantastic expectations for AI enterprise profits and plans for a moon base is a more grounded reality: An expendable Starship could keep SpaceX in business, but doesn’t achieve…
…We will sell you a bomb shelter for $100 million,’” Altman said. Altman, whose company is also widely expected to pursue an IPO as soon as possible, didn’t predict a government…
…Molfar Defence Technologies , a Polish-Ukrainian defense startup developing anti-drone radar systems, closed the first tranche of its €2 million funding round. Swedish investor Front Ventures committed €1.5 million, Tech…