Tesla alum’s Heron Power closes $38M Series A to transform key grid technology

Heron Power, the electrical grid-focused startup founded by former Tesla executive Drew Baglino, announced Thursday it has raised $38 million in a Series A funding round. Heron Power is developing solid-state transformers, which promise to be more compact and responsive than the century-old analog models. Transformers are key parts of the electrical grid, stepping voltage…

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Delaware attorney general reportedly hires a bank to evaluate OpenAI’s restructuring plan

Delaware’s attorney general is hiring an investment bank to advise on OpenAI’s for-profit conversion, the Wall Street Journal reported on Wednesday. The independent evaluation could prolong the transition, or gum up OpenAI’s plans even further. OpenAI’s conversion will help it attract new investment and eventually go public, but first, the startup needs to secure approvals…

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Inside the AI revolution: Top insights and breakthroughs from our partners at TechCrunch Sessions: AI

At TechCrunch Sessions: AI, the spotlight is on the future of artificial intelligence and the startups shaping it. This high-energy event brings together founders, investors, and technologists to explore how AI is transforming industries — from the pitch deck to full-scale deployment. We’re proud to spotlight our partners — not just for their support, but…

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