Others

Benchmark, the storied venture firm, sees “traps” in today’s AI funding frenzy: “Don’t be Microsoft”

December 1, 2023

Yesterday in Helsinki, this editor interviewed four of the six general partners at Benchmark, the nearly 30-year-old, Silicon Valley firm that’s known for some notable bets (Uber, Dropbox), paying each general partner exactly the same way, and for continuing to raise similar-size funds over its many years rather than balloon in size.  We were speaking […]

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Smartphone sales to rebound on AI gains, Morgan Stanley says

December 1, 2023

Smartphone sales will mount a comeback starting in 2024, defying growing warnings of a prolonged slump across the mobile sector, according to separate projections by Goldman Sachs and Morgan Stanley reviewed by TechCrunch. Morgan Stanley’s report predicts global smartphone shipments will rebound by nearly 4% in 2024 and by 4.4% in 2025, shrugging off comparisons […]

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Anduril unveils Roadrunner, “a fighter jet weapon that lands like a Falcon 9”

December 1, 2023

Leading defense tech startup Anduril has developed a new product designed to take-on the proliferation of low-cost, high-powered aerial threats. The product is called Roadrunner, a modular, twin-jet powered autonomous vertical take-off and landing (VTOL) air vehicle that’s designed for low costs. Anduril has also developed a variant called Roadrunner-Munition, or Roadrunner-M, a “high-explosive interceptor,” […]

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How the Tesla Cyberbeast compares to other high-priced electric pickups

December 1, 2023

After keeping some key specs close to its proverbial chest, Tesla is finally sharing more details about the final production versions of the Cybertruck electric pickup. Tesla published battery, speed and other stats during its delivery event on Thursday, during which the automaker went out of the way to compare the Cybertruck to some of […]

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Defense startup Epirus CEO leaving to take new job at a public company

November 30, 2023

Defense startup Epirus, Inc. is getting new leadership. Staff were told at an all-hands meeting this morning that CEO Ken Bedingfield was leaving, TechCrunch learned. The news was later confirmed by a company spokesperson, who told TechCrunch that Bedingfield accepted a role at an unnamed public company. He will be replaced by COO Andy Lowery, […]

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Tesla’s cheapest Cybertruck won’t drop until 2025

November 30, 2023

Bad news: If you had your heart set on a sub-$40,000 Cybertruck, it ain’t coming next year, if ever. Though Tesla plans to ramp up production of its electric pickup in 2024, the company clarified today after its splashy delivery event that the cheapest Cybertruck variant will be available in 2025. Tesla first announced a […]

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Tesla Cybertruck delivery event: everything Elon revealed about the EV pickup

November 30, 2023

With dubstep as the soundtrack and neon lighting as the backdrop, Elon Musk handed the first Cybertrucks over to a select group of customers that included Reddit co-founder and VC fund Seven Seven Six founder Alexis Ohanian and Trousdale Ventures founder and CEO Phillip Sarofim. The live streamed portion of the Tesla Cybertruck delivery event […]

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Former Blue Origin rocket engine manager alleges wrongful termination for whistleblowing on safety

November 30, 2023

The former program manager of Blue Origin’s BE-4 rocket engines has filed a lawsuit against the company alleging whistleblower retaliation after he spoke up about safety issues. The complaint was filed on Monday in the Los Angeles County Superior Court. It includes a detailed narrative about program manager Craig Stoker’s efforts over seven months to […]

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Makers of popular Dream by Wombo AI app launch a new app for AI avatars

November 30, 2023

Wombo, the makers of viral AI-generated art app Dream by Wombo, is back with another new AI-powered app called Wombo Me. The new AI avatar app from the Canadian startup lets you turn a single selfie into multiple lifelike avatars. Although there are several popular AI avatar apps already on the market, like Lensa AI, Wombo […]

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Yieldstreet to acquire real estate investment platform Cadre

November 30, 2023

Alternative investment platform Yieldstreet announced today that it has agreed to acquire Cadre, an online real-estate-focused investment platform aimed at institutional and high net worth investors. Financial terms of the deal were not disclosed. Founded in 2015, Yieldstreet gives people a way to invest in areas like real estate, marine/shipping, legal finance, commercial loans and […]

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