Perplexity is raising $250M+ at a $2.5-$3B valuation for its AI search platform, sources say

April 23, 2024

Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising at least $250 million more at a valuation of between $2.5 billion and $3 billion. The news comes on the heels of two other big fundraises that have seen company’s valuation leapfrog in […]

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Fisker plans more layoffs as cash dwindles and bankruptcy looms

April 23, 2024

Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to seek bankruptcy protection within the next 30 days if it can’t come up with that money, according to a U.S. Securities and Exchange Commission regulatory […]

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Apple’s next iPad event is May 7

April 23, 2024

Apple just dropped an invite for its next event. Scheduled for May 7, the “Let Loose” presentation appears to be happening exclusively online – something that became standard fare for the company during the pandemic. Over the last couple of years, however, Apple has returned to in-person events, including WWDC, which kicks off in Cupertino […]

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This solar giant is moving manufacturing back to the US

April 23, 2024
Whenever you see a solar panel, most parts of it probably come from China. The US invented the technology and once dominated its production, but over the past two decades, government subsidies and low costs in China have led most of the solar manufacturing supply chain to be concentrated there. The country will soon be…

Campus, a community college startup, receives $23M Series A extension led by Founders Fund

April 23, 2024

Although many students in the United States enter community colleges intending to transfer to four-year universities, only 16% of those students receive bachelor’s degrees within six years. But Campus, an online alternative to traditional community colleges, has an approach that aims to change that.  Many adjunct professors at the nation’s top universities, including UCLA, Princeton […]

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Framework’s repairability philosophy is set to expand beyond the laptop

April 23, 2024

Framework Computer was ahead of the curve. The company was founded in 2019, as 20 U.S. states began exploring potential right to repair bills. It delivered its first product, the Framework 13, in 2021, a year before New York enacted its landmark (if flawed) Digital Fair Repair Act. Today, the company sells its repairable laptops […]

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