Exclusive

Two senior partners are leaving Peak XV amid strategy shift

Venture /

Two senior partners are leaving Peak XV, one of the world’s largest venture capital firms, four sources familiar with the matter told TechCrunch.  Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led Southeast Asian investments, are departing, said the sources requesting anonymity. Peak XV didn’t immediately respond to requests for comment. […]

Two senior partners are leaving Peak XV amid strategy shift Read More »

Carta settles two more lawsuits that alleged sexual harassment and discrimination

Startups /

Cap table management firm Carta made headlines in 2020 when its former marketing VP Emily Kramer filed a lawsuit alleging gender discrimination and retaliation.  That case was settled in 2023. But since then, Carta has settled two other lawsuits filed by women who worked at the firm and alleged sexual harassment and discrimination, legal filings

Carta settles two more lawsuits that alleged sexual harassment and discrimination Read More »

Bird cuts 120 jobs as part of ‘strategic realignment’

Enterprise /

Cloud communication service Bird has cut 120 jobs — roughly one-third of its total workforce. The Amsterdam-based firm — formerly known as MessageBird — plans to realign its global operations amid the ongoing AI boom, TechCrunch has exclusively learned. Bird has since confirmed the news. The Dutch startup contacted impacted employees on Friday. The move

Bird cuts 120 jobs as part of ‘strategic realignment’ Read More »

Lyft to launch Mobileye-powered robotaxis ‘as soon as 2026,’ starting with Dallas

Transportation /

Ride-hail giant Lyft plans to bring fully autonomous robotaxis, powered by Mobileye, to its app “as soon as 2026” in Dallas, with more markets to follow, TechCrunch has exclusively learned. The news comes a day before Lyft shares its fourth-quarter and full-year 2024 earnings report, and it coincides with Waymo’s preparations to launch a commercial

Lyft to launch Mobileye-powered robotaxis ‘as soon as 2026,’ starting with Dallas Read More »

Self Inspection raises $3M for its AI-powered vehicle inspections

Transportation /

A number of startups are racing to make vehicle inspections faster, easier, and cheaper. Self Inspection, a startup based in San Diego, thinks it has them all beat with its AI-powered service — and now it has convinced outside investors. Self Inspection, founded in 2021, is set to announce Thursday it’s raised $3 million in

Self Inspection raises $3M for its AI-powered vehicle inspections Read More »

PromptLayer is building tools to put non-techies in the driver’s seat of AI app development

AI /

The GenAI boom of the last few years has unleashed a wave of startups promising to support the process of prompt engineering — i.e., coming up with instructions to precisely steer an AI chatbot to serve useful output. So think tools like OpenAI’s ChatGPT and Google’s Gemini, which present the user with a blank field

PromptLayer is building tools to put non-techies in the driver’s seat of AI app development Read More »

Sprinklr cuts 500 employees, citing underwhelming business performance

Enterprise /

Sprinklr, a U.S. firm providing a customer experience management platform to global brands, has laid off about 15% of its workforce — around 500 employees — due to business performance not meeting expectations, the company confirmed to TechCrunch. The new layoffs come less than a year after the company cut about 3% of its workforce in

Sprinklr cuts 500 employees, citing underwhelming business performance Read More »

Early Meta employee sues for sexual harassment, gender discrimination  

Social /

One of Meta’s earliest employees is suing the company for sexual harassment, sex discrimination, and retaliation, according to a lawsuit filed this week in the state of Washington. Kelly Stonelake, who spent 15 years at the company and rose to the rank of director, alleges in the lawsuit she faced a cycle of gender-based discrimination

Early Meta employee sues for sexual harassment, gender discrimination   Read More »

Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale

Enterprise /

TrueFoundry, a startup run by a group of former Meta engineers to help enterprises deploy AI systems at scale, has raised $19 million in fresh investment led by Intel Capital. With GenAI’s emergence following the launch of ChatGPT in November 2022, enterprises of all sizes have looked at ways they could embrace AI. But GenAI

Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale Read More »