June 2024

‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees

June 20, 2024

Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with an AI platform that they can configure to help other workers in the company. This way, anyone in the company can solicit help with legal […]

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General Catalyst makes India push with Venture Highway merger

June 20, 2024

General Catalyst, a Silicon Valley venture capital group, is expanding its presence in India by joining forces with a local venture firm and earmarking more than $500 million for investments in the world’s most populous nation. The U.S. venture capital group is merging with Venture Highway, an India-based firm whose investments include social commerce startup […]

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France leads the pack for Generative AI funding in Europe, London has 3X the number of GenAI startups

June 19, 2024

Like it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024. OpenAI, with its rollouts of viral services like ChatGPT and billions in funding, may have gobbled up the lion’s share of attention and money so far. But according to a new report out from top VC Accel […]

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C12, the French quantum computing startup founded by two twin brothers, raises $19.4 million

June 19, 2024

C12 is announcing that it recently raised an €18 million funding round ($19.4 million at today’s exchange rate). Originally founded in 2020 as a spin-off from the Physics Laboratory of the École Normale Supérieure, the company has been working on a unique process to create quantum computers based on carbon nanotubes. While the concept of […]

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Internal SpaceX documents show the sweet stock deals offered to investors like a16z, Gigafund

June 19, 2024

Like many highly valued startups, SpaceX sometimes allows its employees to cash out some of their shares by selling to company-authorized outside investors. TechCrunch has gotten a peek at an internal SpaceX document about such a tender offer from May 2022. Musk posted on X last month that SpaceX holds such sales for employees about […]

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This Week in AI: Generative AI is spamming up academic journals

June 19, 2024

Hiya, folks, and welcome to TechCrunch’s regular AI newsletter. This week in AI, generative AI is beginning to spam up academic publishing — a discouraging new development on the disinformation front. In a post on Retraction Watch, a blog that tracks recent retractions of academic studies, assistant professors of philosophy Tomasz Żuradzk and Leszek Wroński […]

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Rocket Lab’s Peter Beck on reshaping the space economy at Disrupt 2024

June 19, 2024

The future of the space industry may look a lot like its past, or so believes Peter Beck, founder and CEO of Rocket Lab. At TechCrunch Disrupt 2024 in San Francisco, he’ll be explaining how full-service, vertically integrated space companies will (again) be the big winners of this evolving space economy. Rocket Lab was started […]

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