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Perplexity sees India as a shortcut in its race against OpenAI
Perplexity is quietly expanding into India to compete with OpenAI in the next phase of AI adoption.
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Nearly 80% of venture funds raised in just two states as US LPs retreat to the coasts
Most US venture funds outside of the two largest startup hubs — San Francisco and New York — are feeling the frost from potential LPs.
Nearly 80% of venture funds raised in just two states as US LPs retreat to the coasts by Rebecca Szkutak originally published on TechCrunch
How Rad Power Bikes stacks up for a Boomer and a Millennial
Rad Power Bikes, the U.S.-based e-bike manufacturer, has made its mark as a direct-to-consumer business selling fat tire bikes that helped shape the COVID e-bike boom. In 2021, the company raised two massive rounds – $150 million in February 2021 and another $154 million just eight months later – that brought its total funding above […]
How Rad Power Bikes stacks up for a Boomer and a Millennial by Rebecca Bellan originally published on TechCrunch
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Daily Crunch: FTX CEO Sam Bankman-Fried quits as crypto exchange files for bankruptcy
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: FTX CEO Sam Bankman-Fried quits as crypto exchange files for bankruptcy by Christine Hall originally published on TechCrunch
Amazon eyes devices group as it undertakes broad cost cutting
The Echo business has always looked like Amazon playing the long game from the outside. Above all, the company’s home consumer hardware is a convenient vessel for getting Alexa into millions of homes. But when a corporation is doing some serious belt tightening amid broader economic headwinds, no divisions are safe from cost cutting — […]
Amazon eyes devices group as it undertakes broad cost cutting by Brian Heater originally published on TechCrunch
TechCrunch+ roundup: H-1B worker advice, managing remote teams, pitch deck teardown
“The American dream is still really important to immigrants. They still want what America represents and they’re going to reevaluate their relationship with Big Tech and the nature of work.”
TechCrunch+ roundup: H-1B worker advice, managing remote teams, pitch deck teardown by Walter Thompson originally published on TechCrunch
Answers for H-1B workers who’ve been laid off (or think they might be)
When an H-1B worker loses their job, a loud clock starts clicking: unless they can land a new position or change their immigration status within 60 days, they are required to leave the country.
Answers for H-1B workers who’ve been laid off (or think they might be) by Walter Thompson originally published on TechCrunch
Amid record dry powder, VCs are determined to fund anything but you
Many VCs have said they are sitting out this year. They aren’t — they’re funding their friends and committing funds to companies that don’t exist.
Amid record dry powder, VCs are determined to fund anything but you by Rebecca Szkutak originally published on TechCrunch
Crypto’s white knight was a black hat all along and other TC news
This week, I talk with Dom-Madori Davis about the coalition of VCs that are standing for reproductive rights. And Jacquelyn Melinek comes on to break down the FTX/Binance saga that’s unfolded over the past week (and that continues to develop). And as always, we break down the biggest stories in tech. Articles from the episode: […]
Crypto’s white knight was a black hat all along and other TC news by Darrell Etherington originally published on TechCrunch