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Human composting and timber marketplaces: talking “industrial” VC with investor Dayna Grayson

May 4, 2024

While the venture world is abuzz over generative AI, Dayna Grayson, a longtime venture capitalist who five years ago co-founded her own firm, Construct Capital, has been focused on comparatively boring software that can transform industrial sectors. Her mission doesn’t exclude AI, but it also doesn’t depend on it. Construct recently led a seed-stage round, […]

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Farewell, dunks? Threads launches quote controls for all users

May 4, 2024

Threads users can now exert more control over who can quote their posts. This builds on a feature that already allows Threads users to limit who can reply to their posts (competing services like X and Bluesky offer similar reply controls). Threads outlined its plans for quote controls last month, and last night Adam Mosseri […]

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This Week in AI: Generative AI and the problem of compensating creators

May 4, 2024

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. By the way — TechCrunch plans to launch an […]

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Iconiq raises $5.15B toward seventh flagship fund

May 3, 2024

Iconiq Capital has raised $5.15 billion across two funds associated with the seventh growth fund family, according to SEC filings. The firm, which launched in 2011 as a private office managing capital of some of the most prominent and wealthiest people in tech, including Mark Zuckerburg and Jack Dorsey, originally targeted $5.75 billion, according to […]

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Luminar cuts 20% of staff and outsources lidar production

May 3, 2024

Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more “asset-light” business model, as it aims to scale production. The cuts will affect around 140 employees, and are starting immediately. Luminar is also cutting […]

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