Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, in one of the largest deals in the red-hot nascent space, as he shores up capital to aggressively compete with rivals including OpenAI, Microsoft, and Google. Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity, Prince Alwaleed […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has exclusively learned. The company aims to be in 15 markets over the next two years. Of those 15 markets, Zypp Electric plans to launch its […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Last month, one of the Bay Area’s better-known early-stage venture capital firms, Uncork Capital, marked its 20th anniversary with a party in a renovated church in San Francisco’s SoMa neighborhood, where 420 guests showed up to help the firm to celebrate, trade tips, and share war stories. There’s no question the venture scene has changed […]
© 2024 TechCrunch. All rights reserved. For personal use only.
The families of victims of the shooting at Robb Elementary School in Uvalde, Texas are suing Activision and Meta, as well as gun manufacturer Daniel Defense. The families bringing the lawsuits are represented by attorney Josh Koskoff, who previously won a settlement from Remington for the families of Sandy Hook shooting victims. The suit against […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Like most Silicon Valley VCs, what Garry Tan sees is opportunities for new, huge, lucrative businesses.
© 2024 TechCrunch. All rights reserved. For personal use only.
Everything in society can feel geared toward optimization – whether that’s standardized testing or artificial intelligence algorithms. We’re taught to know what outcome you want to achieve, and find the path towards getting there. Kenneth Stanley, a former OpenAI researcher and co-founder of a new social media platform called Maven, has been preaching for years […]
© 2024 TechCrunch. All rights reserved. For personal use only.