Meta Cut 8,000 Jobs and Told Employees That AI Agents Will ‘Primarily Do the Work’ Now
The company is cutting 10% of its workforce and tracking employee keystrokes to train AI models. Morale is at an all-time low.
Don’t be fooled by this summer of AI hype
It’s been a busy few months for AI hype. At the end of April, Anthropic claimed that its model Claude Mythos is better at finding software vulnerabilities than most security experts. Then we had the OpenAI–Hugging Face hacking incident, after which Anthropic (proudly) and Meta (reluctantly) disclosed similar incidents involving their models. This was followed…
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The CEO of the Most Valuable Company in the World Says He ‘Absolutely’ Wouldn’t Start It Again. Here’s Why.
The founder revealed the reason on an episode of the “How I Built This” podcast.
Clouted wants to take the guesswork out of making short videos go viral
The video clipping startup raised a $7 million seed round led by Slow Ventures.
xAI burned $6.4B last year. SpaceX’s IPO filing shows why the spending is far from over
SpaceX’s IPO filing reveals xAI lost $6.4 billion in 2025 while planning a massive Grok expansion — offering the first public look at Elon Musk’s AI financials and more details about his ambitions.
Nvidia posts another record quarter, reveals $43 billion of holdings in startups
Nvidia announced another record revenue figure after market close on Wednesday, but forecasted that revenue growth would slow in the following quarter.
Musk’s xAI is being sued over its data center generators. Now, it’s buying $2.8B more.
Elon Muks’s xAI said it will buy $2.8 billion worth of natural gas turbines over the next three years, according to SpaceX’s IPO filing.
Anthropic will pay xAI $1.25 billion per month for compute
Elon Musk’s xAI surprised the AI world when it made a deal to sell compute to Anthropic. Now we know how much it’s worth.
Sam Altman makes ‘mic drop’ offer to every Y Combinator startup
Altman offered to have OpenAI invest in every single startup in this Y Combinator class: tokens for equity.
You don’t need to be an AI startup to raise. Lucra has $20M to prove it.
Slapping “AI” on your startup’s pitch deck is basically table stakes right now. When a founder raised $20 million from Cathie Wood’s ARK Invest for an eSports gamification loyalty startup without those two letters in the spotlight, it got us wondering how the conversation even started — especially when ARK had already been burned by a company operating in the same space. On this episode of TechCrunch’s Equity podcast, Julie […]
The SpaceX IPO filing has arrived
SpaceX has finally made the contents of its IPO filing public, weeks ahead of what is expected to be the largest IPO ever.