OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO
AI chip maker Cerebras is heading for a blockbuster IPO that could value it at $26.6 billion or more. It’s relationship with OpenAI is deep and rich.
How to invest when everything is moving too fast
TechCrunch’s StrictlyVC evening in Los Angeles late last week brought together two of the more straight-talking investors working in AI right now. They were as entertaining as they were illuminating.
Others
Image AI models now drive app growth, beating chatbot upgrades
Appfigures finds visual model launches generate 6.5x more downloads — but most don’t convert that spike into revenue.
Katie Haun raises $1 billion for new venture funds
Katie Haun announced on Monday that $1 billion has been raised across new funds to continue the firm’s thesis of backing crypto and blockchain startups.
Hackers are still exploiting the cPanel bug to gain control of thousands of websites
Days after the disclosure of a critical vulnerability in popular web hosting software cPanel and WHM, hackers keep targeting and hacking websites.
‘I Don’t Think Everyone Will Make It’: The President of a VC Firm With $11B in Assets Reveals How AI Agents Will Disrupt Work — Starting With This Profession
Jai Das, cofounder and president of Sapphire Ventures, offered his predictions at the AI Agent Conference in New York City on Monday.
More Revenue Won’t Fix Your Company. I’ve Analyzed 88,000 Businesses That Prove It.
Growth feels like progress right up until it destroys everything you built. Here’s what actually happens when you chase revenue without design.
Subway Had to Close 729 More Stores — But Executives Say It’s About Finding ‘the Right Locations’
The sandwich giant has shuttered 8,345 restaurants since 2016, but international growth and operational improvements are on the rise.
Spirit Airlines Shut Down Overnight — Stranding Thousands of Passengers: ‘We Were Scrambling. It’s Insane’
The budget carrier canceled all flights at 3 a.m. Saturday after bondholders rejected a $500 million government bailout in the final hours.
GameStop Is Making a Bid to Buy eBay in a Deal Its CEO Admits Could Be ‘Totally, Totally Foolish’
Ryan Cohen’s $12 billion meme stock wants to take over the online auction giant that is 4x its size.
Elon Musk’s only expert witness at the OpenAI trial fears an AGI arms race
Stuart Russell is a long-time AI researcher who thinks governments need to restrain frontier labs.