It was on, then off, and welp, now it’s on again — and this time for a lot more money. Yep, the Equity podcast dug into Google’s $32 billion acquisition of cloud security startup Wiz. There was a lot to unpack: the why, the how, what it means. And of course, there was the “who […]
Inside the Google-Wiz acquisition and the deal’s biggest winners Read More »
Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday. Founded in 2016, Palo Alto-based Next Insurance is focused on providing insurance to small-to-medium-sized businesses. It was last valued at $2.5 billion in late 2023 when it raised $265 million. Next Insurance’s
Next Insurance gets scooped up by Munich Re for $2.6B Read More »
CoreWeave said on Wednesday that it hopes to sell its initial public shares between $47 and $55 per share, putting the money it may raise between about $2.2 billion and $2.6 billion. Word on the street is that CoreWeave wanted to raise at least $3 billion and possibly over $4 billion. But price range announcements
CoreWeave prices its IPO to raise at least $2.2 billion. And now the games begin. Read More »
Raj Aggarwal is leaving AWS after nearly three years as the company’s GM of generative AI and revenue acceleration, according to a LinkedIn post Aggarwal published Wednesday. “I’m proud of the pioneering work our team did in generative AI from its earliest days,” Aggarwal said in his post. “We built what might be the world’s
AWS generative AI exec leaves to launch startup Read More »
A senior research scientist at DeepMind who worked on robotics and AI has left Google to create his own robotics startup, called Generalist AI, and has already obtained investment from Nvidia, TechCrunch has learned. Pete Florence was listed as co-founder and CEO of Generalist AI at a panel at Nvidia’s GTC conference in San Jose
“The enthusiasm into AI actually carries over into everything, which effectively impacts all startups,” said AngelList CEO Avlok Kohli when asked if investors remain as excited about emerging startups outside of AI. According to Kohli, AI startups make up nearly 40% of the startups on AngelList’s platform. Today on Equity, Mary Ann Azevedo caught up
‘Every software company is an AI company now,’ says AngelList CEO Avlok Kohli Read More »
Former NSA deputy director George Barnes has made his first investment as a venture capitalist for his new job at the VC incubation studio Red Cell Partners. It’s a $3 million seed deal in an open source cybersecurity startup called Hunted Labs, he told TechCrunch exclusively. Barnes spent his entire 35-year career at the spy agency,
Hunted Labs lands $3M to find suspicious open source contributors Read More »
Prezent, a startup empowering customers to build slide decks using generative AI, has raised $20 million as it further develops and refines its AI models for different use cases and expands into new markets. AI has many different applications — one of which is generating decks for business presentations, as it turns out. Off-the-shelf models
Prezent raises $20M to build AI for slide decks Read More »
Aletiq has raised a €6 million funding round led by Point Nine a few months ago (around $6.5 million at current exchange rates). The French startup is announcing the founding round today. Aletiq has been developing product lifecycle management (PLM) software for manufacturing industrial companies working in aerospace, automotive, electronics, luxury and more. When you
Aletiq secures $6.5M for its SaaS tool focused on product lifecycle management Read More »
Maju Kuruvilla, who left the CEO role of controversial one-click checkout startup Bolt last year, is back. He’s launching his own startup, focused on a different problem for online shoppers: what he calls “check-in.” When you click on an ad for something like a t-shirt, the experience afterwards can feel a little clunky. The website
Bolt’s former CEO is launching a new e-commerce startup Read More »
