Startups & Funding

AI startup ecosystem

Voi founders’ new AI startup Pit has become the latest rising star out of Stockholm
Startups & Funding

Voi founders’ new AI startup Pit has become the latest rising star out of Stockholm

Pit, an AI startup founded by the co-founders of European scooter company Voi, has raised $16 million in a seed round...

TechCrunch Startups
SpaceX has a $55 billion plan to build AI chips in Texas
Startups & Funding

SpaceX has a $55 billion plan to build AI chips in Texas

SpaceX is planning to invest at least $55 billion to build an AI chip manufacturing facility called 'Terafab' in...

The Verge AI
Could Lovable’s automatic 10% pay raise be the cure for toxic cultures?
Startups & Funding

Could Lovable’s automatic 10% pay raise be the cure for toxic cultures?

Lovable, a Stockholm-based vibe-coding platform, is implementing an automatic 10% annual pay raise for employees as a...

TechCrunch Startups
AI translation company DeepL cuts around 250 jobs to rebuild as an "AI-native" organization
Startups & Funding

AI translation company DeepL cuts around 250 jobs to rebuild as an "AI-native" organization

DeepL, a German AI translation company competing with Google Translate, is laying off approximately 250 employees as...

The Decoder
Anthropic and SpaceX Agree to Major Compute Capacity Deal
Startups & FundingAnthropic

Anthropic and SpaceX Agree to Major Compute Capacity Deal

Anthropic and SpaceX have agreed to a major compute capacity deal to support AI infrastructure needs. The agreement...

AI Business
How Anthropic's 80x growth blew past its own infrastructure and straight into Musk's data center
Startups & FundingAnthropic

How Anthropic's 80x growth blew past its own infrastructure and straight into Musk's data center

Anthropic is partnering with Elon Musk's xAI to access Colossus 1 supercomputer due to rapid 80x growth overwhelming...

The Decoder
Exclusive: Fazeshift Scores $17M As Investors Bet On AI-Powered Finance Ops, Starting With Accounts Receivable
Startups & Funding

Exclusive: Fazeshift Scores $17M As Investors Bet On AI-Powered Finance Ops, Starting With Accounts Receivable

Fazeshift, an AI-powered startup automating accounts receivable operations, has secured $17 million in Series A...

Crunchbase News
China’s Moonshot AI raises $2B at $20B valuation as demand for open source AI skyrockets
Startups & Funding

China’s Moonshot AI raises $2B at $20B valuation as demand for open source AI skyrockets

Moonshot AI, a Chinese AI startup, raised $2 billion at a $20 billion valuation, capitalizing on growing demand for...

TechCrunch AI
Elon Musk’s Last-Ditch Effort to Control OpenAI: Recruit Sam Altman to Tesla
Startups & FundingOpenAI

Elon Musk’s Last-Ditch Effort to Control OpenAI: Recruit Sam Altman to Tesla

Messages from 2017 reveal Tesla executives, including Shivon Zilis, discussed plans to create a rival AI lab that could...

Wired AI
Snap says its $400M deal with Perplexity ‘amicably ended’
Startups & Funding

Snap says its $400M deal with Perplexity ‘amicably ended’

Snap announced that its $400 million partnership deal with Perplexity AI, which would have integrated the AI search...

TechCrunch AI
Is xAI a neocloud now?
Startups & FundingxAI

Is xAI a neocloud now?

xAI's primary business focus may be shifting toward data center infrastructure development rather than solely training...

TechCrunch AI
Anthropic Gets in Bed With SpaceX as the AI Race Turns Weird
Startups & FundingAnthropic

Anthropic Gets in Bed With SpaceX as the AI Race Turns Weird

Anthropic has signed a deal with Elon Musk's xAI to use computing resources for its AI operations. The partnership...

Wired AI
How Elon Musk left OpenAI, according to Greg Brockman
Startups & FundingOpenAI

How Elon Musk left OpenAI, according to Greg Brockman

The article discusses the public revelation of negotiations between Elon Musk and OpenAI founders regarding Musk's...

TechCrunch AI
SAP Plans to Turn Spreadsheet AI Startup Into Top Frontier Lab
Startups & Funding

SAP Plans to Turn Spreadsheet AI Startup Into Top Frontier Lab

SAP is planning to develop a spreadsheet AI startup into a major frontier AI lab, demonstrating the German enterprise...

AI Business
SpaceX may spend up to $119 billion on ‘Terafab’ chip factory in Texas
Startups & FundingxAI

SpaceX may spend up to $119 billion on ‘Terafab’ chip factory in Texas

SpaceX is considering building a semiconductor factory called 'Terafab' in Texas with an initial investment of $55...

TechCrunch AI
DeepSeek could hit $45B valuation from its first investment round
Startups & FundingDeepSeek

DeepSeek could hit $45B valuation from its first investment round

DeepSeek, a Chinese AI lab, is valued at $45B in its first investment round after gaining prominence in early 2025 with...

TechCrunch AI
Khosla-backed robotics startup Genesis AI has gone full stack, demo shows
Startups & Funding

Khosla-backed robotics startup Genesis AI has gone full stack, demo shows

Genesis AI, a Khosla-backed robotics startup, unveiled its first foundational AI model GENE-26.5 and demonstrated...

TechCrunch AI
Nvidia, Corning Partner on Large-Scale AI infrastructure Buildout
Startups & Funding

Nvidia, Corning Partner on Large-Scale AI infrastructure Buildout

Nvidia and Corning have partnered to build optical fiber manufacturing plants to support the growing demand for AI...

AI Business
AI boom pushes Samsung to $1T
Startups & Funding

AI boom pushes Samsung to $1T

Samsung achieved a $1 trillion valuation milestone, becoming only the second Asian company after TSMC to reach this...

TechCrunch AI