We’re almost there, and ticket rates have officially rolled back with savings of up to $425. TechCrunch All Stage, the founder summit of the year, is just around the corner. On July 15, Boston becomes startup central. Are you ready to gain the insights and strategies you need to launch or scale? Now’s the moment…
It’s an open secret in the fintech world that the founder and CEO of startup Increase, Darragh Buckley, has been trying for years to “buy a bank,” as one person familiar with the landscape told TechCrunch. A couple of weeks ago, he basically succeeded. He bought a big enough stake in Twin City Bank to…
OpenAI co-founder Ilya Sutskever says he is stepping into the CEO role at Safe Superintelligence, the AI startup he launched in 2024. In a post on X, Sutskever confirmed Thursday that Daniel Gross, the startup’s co-founder and CEO, departed the company as of June 29. Safe Superintelligence co-founder Daniel Levy is becoming president of the startup, according…
Imagine you’re messaging some friends on the Facebook Messenger app or WhatsApp, and you get an unsolicited message from an AI chatbot that’s obsessed with films. “I hope you’re having a harmonious day!” it writes. “I wanted to check in and see if you’ve discovered any new favorite soundtracks or composers recently. Or perhaps you’d…
Hypersonic weapons startup Castelion has raised a $350 million Series B led by Lightspeed Venture Partners and Altimeter Capital, according to sources and documents viewed by TechCrunch. The round, which values the company in the billions, is anticipated to close in a matter of weeks. The new round comes on the heels of $100 million…
Despite their imposing presence, quantum computers are delicate beasts, and their errors are among the main bottlenecks that the quantum computing community is actively working to address. Failing this, promising applications in finance, drug discovery, and materials science may never become real. That’s the reason why Google touted the error correction capacities of its latest…
Concrete has been around for millennia, but Terra CO2 thinks it has a better way to make the ubiquitous building material, and investors appear to agree. The Golden, Colorado-based startup recently closed a $124.5 million Series B to help bring its low-carbon cement replacement to market. Cement — the stuff that binds aggregate together to…
Google on Thursday said it has begun rolling out its Veo 3 video generation model to Gemini users in more than 159 countries. Video generation via the new model is available only to paying subscribers of Google’s AI Pro plan, and is capped at 3 videos per day. Veo 3, which Google showed off in…
Despite all of the ads you’re getting for collagen supplements and electric scrub brushes, TikTok Shop US is apparently not doing so hot. Per a report from Bloomberg, TikTok has conducted its third round of layoffs for this team since April, but has not disclosed how many jobs were impacted. TikTok Shop US, the company’s…
Max Financial Services on Wednesday said its insurance subsidiary Axis Max Life Insurance received communication from an anonymous sender about unauthorized access to its customer data. Without disclosing specifics, the Noida-based financial services company said in its stock exchange filing that Axis Max Life Insurance subsequently initiated an information security assessment and data log analysis….
