Groq raises $350M to fuel its pivot from AI chips to neocloud
Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint.
Startups
Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project
Nvidia's investment in SoftBank's data center developer will guarantee its chips power an OpenAI data center.
Terra Industries closes $52M seed round to build defense infrastructure for the Global South
African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.
WordPress.com targets the next generation of web creators with a free student plan
WordPress.com Education lets teachers offer their students free domains, plug-in support, and professional website-building tools.
Uber adds Zipline drones to its Eats delivery network
Uber is also making investing in Zipline a part of the tie-up.
Wispr raises $280M at $2B valuation as it looks beyond dictation
Wispr’s total funding is now over $361 million.
Crypto hardware wallet owners face fresh security risks after recent spate of personal data thefts
The hacks at shipping companies used to mail out hardware wallets puts crypto owners at greater risk of real-world attacks.
Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+
OpenRouter's CEO recently described the startup as Stripe for AI.
Why people aren’t buying Mark Zuckerberg’s AI future
On the latest episode of Equity podcast, we discuss why not everyone is buying Zuckerberg’s vision.
Anthropic CEO says AI backlash is ‘fundamentally a crisis of trust’
Dario Amodei is pushing back against the idea that he's been painting an overly pessimistic picture of AI.
TechCrunch Mobility: The shifting flight path of electric air taxis
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
Woman claims her stepfather used Grok to transform childhood photo into explicit imagery
The woman claimed that AI tools are "taking everyday life and turning it into child sexual abuse."
Anthropic shares more details about how Claude’s new watermarks will work
How will the watermarking actually work? Can it be hidden with editing? And how does this affect code?
SpaceX officially closes its Cursor acquisition
AI coding startup Cursor is now officially a part of SpaceX.
How to tell if your AI platforms’ accounts have been hacked
A guide on how to check if hackers have broken into your accounts on the most popular AI platforms.
Every fusion startup that has raised over $100M
Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies.
Talks to sell PayPal to Stripe and Advent are heating up
PayPal is still reportedly negotiating a potential sale to Stripe and private equity firm Advent, as the fintech firm's new CEO attempts to turn the company around.
Self-driving trucks are officially testing on California highways
Aurora Innovation and Kodiak AI, two companies developing self-driving trucks, have received permits from the California Department of Motor Vehicles.
Thrive’s Joshua Kushner chides Silicon Valley VCs over AI euphoria
The AI opportunity is huge, but "it would also be a grave error in our minds to let excitement weaken our investment discipline," Kushner warns in his first-ever investment letter.
What we know about the alleged Iranian hacks on US water utilities
Over the last couple of weeks, hackers have targeted and broken into the systems of several water plants in the United States. Here’s what we know and don’t know about this wave of attacks allegedly carried out by the Iranian government.