One Elon Musk business might be making a big investment in another. According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion…
TechCrunch All Stage 2025 is almost here — In 2 days, the doors swing open at Boston’s SoWa Power Station. If you’re a founder or investor, this is your last shot to lock in the lowest ticket prices before they vanish at the door. This isn’t your average startup conference. TC All Stage is where…
A research institute connected to the United Nations has created two AI-powered avatars designed to teach people about refugee issues. 404 Media wrote about an experiment conducted by a class at the United Nations University Center for Policy Research that resulted in the creation of two AI agents or avatars — Amina, a fictional woman…
Venture capitalist Marc Andreessen sharply criticized universities including Stanford and MIT, along with the National Science Foundation, in a group chat with AI scientists and Trump administration officials, according to screenshots viewed by the Washington Post. According to the Post, Andreessen described MIT and Stanford (which I attended two decades ago) as “mainly political operations…
In a series of posts on X, the AI chatbot Grok apologized for what it admitted was “horrific behavior.” The posts appear to be an official statement from xAI, the Elon Musk-led company behind Grok, as opposed to an AI-generated explanation for Grok’s posts. (xAI recently acquired X, where Grok is prominently featured.) Grok’s latest…
Welcome back to Week in Review! We’ve got tons of news for you this week, including a shakeup at X, Hugging Face’s new robot, new phones from Nothing and Samsung, and a whole lot more. Have a great weekend! Off to do something else: X CEO Linda Yaccarino stepped down this week after a tumultuous…
Medium CEO Tony Stubblebine announced on Friday that the publishing platform has remained profitable since August of last year, when it first achieved this milestone. In the post, Stubblebine detailed what it took to achieve this goal, which involved a combination of product changes, an investor restructuring, renegotiated loans, unloading office space, layoffs, and other…
Cognition’s AI coding agent Devin has scored a major customer: Goldman Sachs, the bank’s CIO, Marco Argenti, told CNBC. “We’re going to start augmenting our workforce with Devin, which is going to be like our new employee,” Argenti told the outlet, adding that it plans to roll out hundreds of instances of Devin, potentially growing…
Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I. Smith launched her fund in 2022 after spending seven years as an investor with Bain Capital Ventures and is a solo GP. She said she’s “stunned” by what AI can unlock for…
In only 3 days, founders, investors, and operators will flood into the SoWa Power Station in Boston for TechCrunch All Stage 2025 — and if you haven’t grabbed your pass yet, this is your final window to lock in the lowest prices available and save up to $475. Whether you’re a first-time founder or a…
