Reddit is suing Anthropic for allegedly using the site’s data to train AI models without a proper licensing agreement, according to a complaint filed in a Northern California court on Wednesday. Reddit claims in the complaint that Anthropic’s unauthorized use of the site’s data for commercial purposes was unlawful, and alleges the AI startup violated […]... →
AMD’s latest acquisition could help reduce Nvidia’s market dominance when it comes to AI hardware. Semiconductor giant AMD on Wednesday announced it acquired AI software optimization startup Brium. Terms of the deal were not disclosed. Brium is a startup that appears to be in stealth mode. The startup builds machine learning applications to enable AI […]... →
Airtime, the video startup from Evernote’s founder Phil Libin, has laid off dozens of employees, TechCrunch has learned, and Airtime confirmed. According to the company, 25 people were let go from the 58-person team — a change Airtime described as “bigger than usual.” While Airtime characterizes the departures as part of its typical seasonal approach […]... →
Startup life is tough — funding rounds, team building, and managing finances can feel like trying to solve a Rubik’s Cube blindfolded. That’s exactly why TechCrunch All Stage 2025 exists: to give founders like you the tools, tactics, and real talk from those who’ve been through it and built something lasting. If there’s one session […]... →
French AI startup Mistral is releasing its own “vibe coding” client, Mistral Code, to compete with incumbents like Windsurf, Anysphere’s Cursor, and GitHub Copilot. Mistral Code, a fork of the open source project Continue, is an AI-powered coding assistant that bundles Mistral’s models, an “in-IDE” assistant, local deployment options, and enterprise tooling into a single […]... →
American streets are incredibly dangerous for pedestrians. A San Carlos, California-based startup called Obvio thinks it can change that by installing cameras at stop signs – a solution the founders also say won’t create a panopticon. That’s a bold claim at a time when other companies like Flock have been criticized for how its license […]... →
In 2023, co-founders Karim Jouini and Jihed Othmani sold their expense management startup Expensya to Swedish procurement software firm Medius in what is widely considered to be one of the largest acquisitions of an African startup. Some sources say the sum was just over $120 million, although deal terms were not disclosed. Success achieved, both […]... →
Windsurf, the popular vibe coding startup that’s reportedly being acquired by OpenAI, said Anthropic significantly reduced its first-party access to the highly popular AI models Claude 3.7 Sonnet and Claude 3.5 Sonnet. Windsurf CEO Varun Mohan said in a post on X that Anthropic gave Windsurf little notice for this change, and the startup now […]... →
HR tech startup Deel filed an amended complaint on Tuesday in its ongoing legal battle against its arch rival Rippling that offers surprising new details about its own corporate spying allegations. Rippling sued Deel in March after a Rippling employee testified in an Irish court that he was spying on his employer for the rival […]... →
The countdown continues, and only a few tables remain if you want to exhibit at TechCrunch All Stage, happening July 15 in Boston, so now’s the moment to act. Only 4 days remain to book your table and until space is almost completely gone. Why your startup should be in the room This founder-focused conference […]... →
Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads, has raised a $44M Series B funding round, bringing its total capital raised to $114M. The Series B round was led by its existing investors, including Walden Catalyst Ventures, 83North, Koch Disruptive Technologies, Pitango First, […]... →
As global trade evolves, there’s an increasing demand for diverse cross-border payment options. That’s why an Irish-based fintech startup called NomuPay has raised $40 million in a Series C round from SB Payment Service (SBPS), a subsidiary of Japanese telco giant SoftBank Corp, at a valuation of $290 million. NomuPay makes it easier for merchants […]... →
The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the deal to be worth around $250 million. The terms weren’t disclosed. Snowflake declined to comment […]... →
Elon Musk’s brain computer interface startup Neuralink closed a $650 million funding round, the company announced in a blog post on Monday. The Series E fundraise included investors such as ARK Invest, Founders Fund, Sequoia Capital, and Thrive Capital, among others. Neuralink last raised a $280 million Series D funding round in 2023, with an […]... →
Salesforce has quietly snapped up Moonhub, a startup building AI to vet and hire talent. The terms of the deal weren’t disclosed. In a post on Moonhub’s website on Monday, the company said that its entire Menlo Park, California-based team will be joining Salesforce, an early investor in Moonhub. “As a customer and investor, Salesforce […]... →
IBM on Monday said that it has acquired Seek AI, an AI platform that allows users to ask questions about enterprise data using natural language, for an undisclosed sum. Seek CEO and founder Sarah Nagy said that the startup’s technology will be a key part of Watsonx AI Labs, IBM’s new NYC-based AI accelerator, which […]... →
Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion. According to The Financial Times, the secondary stock offering, which comes after xAI acquired Musk’s social media platform, X, for $33 billion, will allow staff to sell shares to new investors. The tender offer […]... →