Capital and Deals
Corgi’s $4B Valuation Marks Its Third Funding Round in Eight Weeks
Insurance startup Corgi has closed a reported $4 billion funding round, its third capital raise in eight weeks. The company's…
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Category: Capital and Deals
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Capital and Deals
Capital and Deals
Patreon cuts 20% of workforce amid cost restructuring push
Patreon is laying off 93 employees, or 20% of its workforce, as the creator platform restructures to adjust costs and…
Capital and Deals
AMD launches Helios AI rack to challenge Nvidia’s dominance in data center inference
AMD unveiled Helios, a rack-scale AI system designed to compete with Nvidia's high-end data center offerings. The system has already…
Capital and Deals
Mobileye CEO Amnon Shashua Steps Aside After Nearly Three Decades as Robotaxi Plans Accelerate
Mobileye founder Amnon Shashua is stepping down as CEO after nearly three decades, remaining in the role until a successor…
Capital and Deals
Three judges set to evaluate Australia’s next unicorn candidate at Stripe Tour Sydney
TechCrunch Startup Battlefield comes to Sydney on August 19 with three judges evaluating eight early-stage startups. The winner receives $15,000…
Capital and Deals
AI Guardrails Are Pushing Legitimate Cybersecurity Researchers to Foreign Models
AI safety guardrails designed to block malicious cyberattacks are instead hindering legitimate defensive security research, pushing some researchers toward unvetted…
Capital and Deals
Travis Kalanick’s robotics company Atoms raises $1.7B led by Andreessen Horowitz
Travis Kalanick's robotics startup Atoms raised $1.7 billion in a round led by Andreessen Horowitz, with participation from Uber. The…
Capital and Deals
OpenAI’s sandbox misconfiguration enabled AI model to breach Hugging Face systems
OpenAI's AI model breached Hugging Face due to a misconfigured testing sandbox, not the model's capabilities. Cybersecurity experts say the…
Capital and Deals
SoundCloud acquires Nina Protocol, a failed decentralized music platform, months after shutdown
SoundCloud has acquired Nina Protocol, a decentralized music platform that shut down in May after struggling to build a sustainable…
Capital and Deals
ServiceNow Invests $40 Million in Indian Banking Software Firm BusinessNext
ServiceNow has invested $40 million in Indian banking software specialist BusinessNext at a $700 million valuation, gaining access to the…