Social media site X’s valuation has bounced back to $44 billion, according to a new report from the Financial Times. Elon Musk purchased the platform, formerly known as Twitter, for $44 billion back in 2022. However, a report from Bloomberg states that X has raised close to $1 billion from investors in a deal that […]
Elon Musk’s X reportedly bounces back to $44B valuation Read More »
While Rippling and Deel duke it out in the field and in the courtroom alleging illegal sales and marketing tactics, here’s another way to boost business growth: pick up a massive sum of cash to expand your operations in those areas. Factorial, the Barcelona-based “unicorn” startup that provides an all-in-one HR platform in the cloud
Factorial snaps up $120M from General Catalyst to boost its HR sales and marketing Read More »
When it comes to climate-related investments, the lion’s share has gone to companies working in energy and transportation. Most investors overlook actual lions — that is, nature-based solutions like biodiversity tend to get short shrift in the investment world. Just $35 billion was invested in nature-based solutions in 2022, compared with $1.46 trillion for the
The electric vehicle transition is really a story about China. There, subsidies have helped juice not just automakers, but the entire battery supply chain behind them. Those incentives, plus decades of industrial policy focused on controlled critical mineral supply chains, has left American and European automakers flat footed. Take graphite, for example. Every lithium-ion battery
Coreshell has a plan to slash the price of American made batteries Read More »
So-called “vibe coding” with LLM-driven tools like Cursor Composer — a term coined by renowned computer scientist Andrej Karpathy — describes a hands-off approach to writing code using Gen AI models, and it has really taken off recently. According to Y Combinator, one quarter of the startups in its latest batch relies on AI to
TurinTech reveals $20M in backing to fix problems in ‘vibe coding’ Read More »
TechCrunch All Stage (formerly Early Stage) returns to Boston on July 15, and the agenda for our tentpole East Coast founder event is almost complete. We’re excited to share this sneak peek at some of the fantastic speakers and sessions we have on tap. For builders who are just starting on their founder journey, our
All Stage unveils a powerhouse agenda for founders Read More »
No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared. During that period, the world’s leading high-performance GPU maker
Nvidia’s AI empire: A look at its top startup investments Read More »
Geothermal startup Fervo Energy is reportedly eyeing an initial public offering in the next two years. Driving the consideration is the growing concern over power demand growth from data centers, which could double by 2029. “There’s clearly a huge hunger in the public markets right now to figure out, how are we going to solve
Geothermal unicorn Fervo Energy may IPO as early as next year Read More »
A huge chunk of online traffic now comes from bots, both good and bad — but AI is boosting the latter. From DDoS attacks to scraping, there’s a renewed barrage of threats that companies have to deal with. According to cybersecurity entrepreneur Nikita Rozenberg, the impact is more severe for SMBs. “The main difference is
A recurring theme in Europe’s tech world is that the region needs its own Google or Microsoft, and that in this day and age, to be more resilient and independent, it should, could and must build it. Now comes the launch of a new fund to support this initiative. Project Europe — a new fund
