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Electric aircraft founder Kyle Clark threw out the Silicon Valley playbook

On a cool morning last November, 800 people gathered before sunrise in a South Burlington hangar to witness the maiden flight of Beta Technologies’ first electric aircraft to be built on its new scaled production line. Kyle Clark, Beta’s enigmatic founder and CEO, piloted the Alia CX300 — one of the startup’s two aircraft models […]

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Electric aircraft founder Kyle Clark threw out the Silicon Valley playbook

On a cool morning last November, 800 people gathered before sunrise in a South Burlington hangar to witness the maiden flight of Beta Technologies’ first electric aircraft to be built on its new scaled production line. Kyle Clark, Beta’s enigmatic founder and CEO, piloted the Alia CX300 — one of the startup’s two aircraft models

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After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. 

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Elon Musk staffer created a DOGE AI assistant for making government ‘less dumb’

A senior Elon Musk staffer has created a custom AI chatbot that purports to help the Department of Government Efficiency eliminate government waste and is powered by Musk’s artificial intelligence company xAI, TechCrunch has learned. The chatbot, which is publicly accessible, is hosted on a DOGE-named subdomain on the website of Christopher Stanley, who works

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ICON, a pioneer in 3D home printing, raises $56M led by Norwest, Tiger Global

ICON, which builds homes using 3D printing, has closed on $56 million in Series C funding co-led by Norwest Venture Partners and Tiger Global, the company has confirmed to TechCrunch exclusively. The raise represents a first close for the Austin-based ICON, according to a spokesperson. Existing backers CAZ Investments, LENX, Moderne Ventures, Oakhouse Partners and

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OpenAI scrubs diversity commitment web page from its site

OpenAI has eliminated a page on its website that used to express its commitment to diversity, equity, and inclusion. The URL “https://openai.com/commitment-to-dei/” now redirects to “https://openai.com/building-dynamic-teams/,” a page that talks about people with “different backgrounds” with no use of the word diversity. The previous page stated that the company’s “investment in diversity, equity and inclusion”

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Spyware maker caught distributing malicious Android apps for years

Italian spyware maker SIO, known to sell its products to government customers, is behind a series of malicious Android apps that masquerade as WhatsApp and other popular apps but steal private data from a target’s device, TechCrunch has exclusively learned. Late last year, a security researcher shared three Android apps with TechCrunch, claiming they were

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