Equity podcast

OpenAI, Thinking Machines Lab, and the built-in chaos of a $2B seed round

OpenAI’s former chief technology officer, Mira Murati, just raised one of the largest seed rounds in history. Murati secured $2 billion in that seed round for Thinking Machines Lab — a startup so early, it hasn’t even revealed what it’s working on yet. The move is raising eyebrows across Silicon Valley, and it’s only the

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SaaS is in the past. The future belongs to agents, says Narada AI’s CEO

“SaaS is going away,” said Dave Park, co-founder and CEO of Narada AI. The company is betting big on a different future for enterprise software, one powered by agentic AI. Change is coming “in the not-too-distant future,” Park said on Equity, TechCrunch’s flagship podcast. “The typical knowledge worker today deals with anywhere from 17 to

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Robinhood’s co-founder is beaming up (and down) the future of energy

Robinhood’s Baiju Bhatt has a new mission: solar power from space. Fresh off a $50 million Series A raise, Robinhood co-founder Baiju Bhatt is going all-in on space-based solar power. His new startup, Aetherflux, wants to launch solar power-collecting satellites into low Earth orbit, with a demo flight set for 2026, and to transmit clean

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Big Tech lands an early win in legal battles against publishers

This week, two major AI companies scored early wins in court, with federal judges siding with Meta and Anthropic in separate lawsuits over how their models were trained on copyrighted material. The decisions represent the first real legal validation of AI companies’ argument that training models on books, images, and other creative works can be

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Seed to Series C: What VCs actually want from AI startups

AI investments hit $110 billion in 2024, and the funding landscape in 2025 is more competitive than ever. For early-stage startups, that means more money in the market, but also more pressure to stand out. At TechCrunch Sessions: AI, Rebecca Bellan sat down with three experienced investors: Jill Chase, Partner at CapitalG; Kanu Gulati, Partner

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