Others

OpenAI seeks to make its upcoming open AI model best-in-class

April 23, 2025
Toward the end of March, OpenAI announced its intention to release its first “open” language model since GPT‑2 sometime this year. Now, details about that model are beginning to trickle out from the company’s sessions with the AI developer community. Sources tell TechCrunch that Aidan Clark, OpenAI’s VP of research, is leading development of the open model, […]

Here are the 19 US AI startups that have raised $100M or more in 2025

April 23, 2025
Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare? […]

Netflix aims to be a trillion-dollar company, says co-CEO

April 23, 2025
At Semafor’s 2025 Word Economy Summit on Wednesday, Netflix co-CEO Ted Sarandos said he believes Netflix’s long-term goal to achieve a $1 trillion market capitalization is possible if the streaming giant continues to perform well.  Sarandos said, “In the previous five years, we’ve doubled our revenue, we grew profits 10 times, and we grew our […]

19 US fintech startups have raised over $50M in 2025 so far

April 23, 2025
After a sluggish couple of years, fintech appears to be making a comeback. In the first quarter of 2025, fintech startups globally raised a combined $10.3 billion — marking the highest level of funding since the first quarter of 2023, according to CB Insights research. The average deal size of $17.7 million also marked the […]

Discord appoints former Activision Blizzard exec Humam Sakhnini as CEO

April 23, 2025
Amid rumors that the company is eyeing an IPO, Discord appointed former Activision Blizzard Vice Chairman Humam Sakhnini as CEO. Discord co-founder Jason Citron will leave his CEO role after thirteen years at the company. Discord straddles the gaming and social media spaces — despite its initial emergence as a platform for online multiplayer gamers […]