April 4, 2025

Cyberattacks by AI agents are coming

Agents are the talk of the AI industry—they’re capable of planning, reasoning, and executing complex tasks like scheduling meetings, ordering groceries, or even taking over your computer to change settings on your behalf. But the same sophisticated abilities that make agents helpful assistants could also make them powerful tools for conducting cyberattacks. They could readily…

Runway, best known for its video-generating AI models, raises $308M

April 3, 2025
Runway, a startup developing a range of generative AI models for media production, including video-generating models, has raised $308 million in a Series D funding round. General Atlantic led the round, which had participation from Fidelity Management & Research Company, Baillie Gifford, Nvidia, SoftBank, and others. The fresh capital will be put toward AI research […]

The Nintendo Switch 2, hands-on: It’s pretty good!

April 3, 2025
At a presentation unveiling the Nintendo Switch 2, longtime Nintendo producer Kouichi Kawamoto revealed that at one point, he considered calling the Switch’s successor the “Super Nintendo Switch.” It would have been a nice nod to Nintendo’s second console, the Super Nintendo Entertainment System, which followed the original NES about 35 years ago. But Kawamoto, […]

A web3 startup aims to change the game in the tariff wars

April 3, 2025
With President Donald Trump’s latest round of tariffs coming out today — a day he is calling “Liberation Day” — a Web3 startup thinks it could track tariffs automatically on goods coming into and out of the USA using its blockchain platform. The claim may well be bold — and typical of many such bold claims […]

The Download: dethroning SpaceX, and air-conditioning’s energy demands

April 3, 2025
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Rivals are rising to challenge the dominance of SpaceX SpaceX is a space launch juggernaut. In just two decades, the company has managed to edge out former aerospace heavyweights Boeing, Lockheed, and Northrop…

Fuse raises $6.6M to fix a payment problem for companies expanding to MENA

April 3, 2025
Expanding into the Middle East and North Africa (MENA) remains a costly and complex challenge for global businesses, thanks to fragmented regulations and banking systems. Dubai-based fintech Fuse aims to simplify that with a cross-border payments API and has raised $6.6 million in seed funding to make it happen. Founded in 2023 by George Davis, […]

Truecaller now has over 450M monthly active users

April 3, 2025
Caller ID app Truecaller said on Thursday that it crossed the 450 million user mark earlier this week. The company said that it added 50 million users in the past 10 months and 15.5 million users since the beginning of 2025. India is the company’s biggest user base, so it wasn’t surprising to see Truecaller […]

Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025

April 3, 2025
Plaid, which connects bank accounts to financial applications, has sold about $575 million worth of common stock at a $6.1 billion post-money valuation, the fintech company confirmed to TechCrunch. The valuation is about less than half of the $13.4 billion that San Francisco-based Plaid was valued at when it raised a $425 million Series D […]