Apple CEO Tim Cook held an hourlong all-hands meeting in which he told employees that the company needs to win in AI, according to Bloomberg’s Mark Gurman. The meeting came after an earnings call in which Cook told investors and analysts that Apple would “significantly” increase its AI investments. It seems he had a similar…
A surprising figure is celebrating Figma’s successful IPO: Lina Khan, former chair of the Federal Trade Commission. In a Friday afternoon post on X, Khan linked to an article about Figma’s impressive first day of trading and argued the IPO is “a great reminder that letting startups grow into independently successful businesses, rather than be…
Anthropic has revoked OpenAI’s access to its Claude family of AI models, according to a report in Wired. Sources told Wired that OpenAI was connecting Claude to internal tools that allowed the company to compare Claude’s performance to its own models in categories like coding, writing, and safety. TechCrunch has reached out to Anthropic and…
Klarna might look to IPO as early as September, sources told Bloomberg. The news comes as fintech stock prices surge and the U.S. IPO market strengthens. Klarna filed for IPO back in March but paused such plans only a month later after President Trump’s tariff announcements rattled the market. At the time, Klarna was looking…
German prosecutors say a joint U.S.-European operation has seized infrastructure belonging to the BlackSuit ransomware gang, a notorious hacking group blamed for several major cyberattacks in recent years. In a new statement this week, officials in Germany said they had seized the gang’s servers and systems as part of an operation on July 24. The…
Startup founders face a perplexing and even contradictory capital market in 2025, according to Sapphire Ventures partner Cathy Gao. “Capital isn’t scarce. But access to that capital is harder than ever,” she said. Gao, who spoke at TechCrunch’s All Stage conference in July, said it’s possible for startup founders, especially those in later Series C…
AI storage platform Vast Data is in talks with Alphabet’s venture arm CapitalG and existing backer Nvidia to raise a fresh round that could value the startup at up to $30 billion, Reuters reported, citing two sources. TechCrunch reported last month that Vast Data was working to raise funds at a $25 billion valuation. The…
Autonomous weapons, decentralized strategy, and startup speed — this isn’t the future of defense, it’s the now. At TechCrunch Disrupt 2025, Ethan Thornton, CEO and founder of Mach Industries, steps onto the AI Stage to talk about how next-gen defense is being built from the ground up with AI at its core. Inside the AI…
Instagram users now need a public account with a minimum of 1,000 followers to go live on the platform, the social network confirmed to TechCrunch. Until now, Instagram has allowed anyone to go live, regardless of their follower count or whether their account is public or private. The move will be a blow to smaller…
ChatGPT-maker OpenAI has raised $8.3 billion at a $300 billion valuation, reports The New York Times. The deal is part of OpenAI’s broader strategy to secure $40 billion this year. The oversubscribed round came months ahead of schedule, per the NYT. OpenAI initially raised $2.5 billion from VC firms in March when it announced its…
