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Marc Andreessen’s family plans to build a ‘visionary’ subdivision near the proposed California Forever utopia city

Venture /

The family of powerhouse venture capitalist Marc Andreessen, one of the investors behind the hoped-for California Forever utopian city in Solano County, California, is planning a substantial community development in the area, TechCrunch has learned. Andreessen is married to Laura Arrillaga-Andreessen, whose Silicon Valley real estate mogul father bought land in Solano County decades before his […]

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360 One lifts its valuation of India’s National Stock Exchange to $29.9B

Venture /

360 One Asset, an investor in India’s National Stock Exchange (NSE), has increased its valuation for the stock exchange to $29.9 billion, significantly higher than the $18 billion to $19 billion price tag the firm was valued at in private transactions last year.  The wealth manager, which invested in NSE through its SOF8 fund, disclosed

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Cache Energy’s mysterious white pellets could help kill coal and natural gas

Climate /

Wind and solar power have become so cheap to install, and at times so abundant, that utilities don’t know what to do with it all. Sometimes they’ll even pay the owners of other power plants not to generate electricity. In response, scientists and engineers have been racing to find inexpensive ways to store that power

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Eppo lands new cash to grow its app, website and AI experimentation business

Enterprise /

The AI industry continues to release tons of new models, and companies looking to stay competitive are racing to adopt them for their purposes. In fact, nearly 10% of businesses plan to spend a whopping $25 million this year on AI initiatives, according to tech consulting firm Searce. But while lots of money is being

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Pakistan’s PostEx to enter new markets, starting with Saudi Arabia

Fintech /

Pakistani startup PostEx, offering financial and logistics services to online merchants, is set to enter new markets, beginning with Saudi Arabia this year, TechCrunch has exclusively learned. “We want to go into other markets to really disrupt them because we see the gap,” said Muhammad Omer Khan, founder and CEO of PostEx, in an interview.

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Amazon considers moving Amazon Pay into a standalone app in India

Fintech /

Amazon is considering shifting its payments offerings in India into a standalone app, three sources familiar with the matter told TechCrunch, as the e-commerce giant aims to boost usage of Amazon Pay in the country. Amazon Pay is currently housed within the company’s primary e-commerce app in India, and lets users transfer money to individuals

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With the Polestar 3 now “weeks” away, its CEO looks to make company “self-sustaining”

Transportation /

Thomas Ingenlath is having perhaps a little too much fun in his Polestar 3, silently rocketing away from stop signs and swinging through tightening bends, grinning like a man far younger than his 59 years of age. “You really can push this car,” the Polestar CEO says as he cruises the roads alongside other enthusiasts

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NEA led a $100M round into Fei-Fei Li’s new AI startup, now valued at over $1B

Fundraising /

World Labs, a stealthy startup founded by renowned Stanford University AI professor Fei Fei Li, has raised two rounds of financing  two months apart, according to multiple reports. The latest financing was led by NEA and valued the company at over $1 billion, TechCrunch has learned from several people with knowledge of the investments. This

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