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23

Harvard’s startup whisperer, Peter Gladstone, reveals secrets to validating consumer demand at TechCrunch Early Stage

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Validating consumer demand is a crucial step for any startup, and TechCrunch Early Stage is offering a golden opportunity to learn how to do it right. Peter Gladstone, senior adviser for startups at Harvard Innovation Labs, is set to lead…

22

Startups Weekly: Is the wind going out of the AI sails?

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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. After years of booming growth, the AI industry is now experiencing a significant…

21

MarketForce winds down its B2B e-commerce arm

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Kenyan B2B e-commerce company MarketForce is winding down its B2B e-commerce business that served informal merchants (mom-and-pop stores) after a turbulent two-year period that saw it scale down operations severely. The shutdown of the B2B…

20

Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey

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Midas, a fintech startup that allows people in Turkey to invest in U.S. and Turkish equities, says it has raised $45 million in a funding round led by Portage Ventures of Canada. The startup is aimed at Turkey’s retail investor market and…

19

TechCrunch Minute: Meta’s new Llama 3 models give open source AI a boost

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New AI models from Meta are making waves in technology circles. The two new models, part of the Facebook parent company’s Llama line of artificial intelligence tools, are both open source, helping them stand apart from competing offerings…

17

Tesla’s newsy week, and is fintech having a moment?

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It’s been more than a minute since Tesla went public, but the EV company was inescapable on TechCrunch this week. From layoffs to pricing changes and more, it was a week dyed deeply in Tesla colors so we had to chat through the latest. But…

16

a16z promotes Jennifer Li to help lead the new $1.25B Infrastructure fund

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Silicon Valley powerhouse venture capital firm Andreessen Horowitz just promoted Jennifer Li to general partner to help lead infrastructure investments.

15

Langdock raises $3M with General Catalyst to help companies avoid vendor lock-in with LLMs

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Plenty of large corporations want to join the AI revolution, but many feel it’s too early to be locked into one foundational model. That means there’s a market for a layer between companies and Large Language Models (LLMs) — something…

14

Apple pulls WhatsApp, Threads from China App Store following state order

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Apple has removed the Meta-owned end-to-end encrypted messaging app WhatsApp from its App Store in China following a government order citing national security concerns, the news agency Reuters reported Friday. Meta’s newer, Twitter-esque…

13

Tesla recalls the Cybertruck for faulty accelerator pedals that can get stuck

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Tesla is recalling all 3,878 Cybertrucks that it has shipped to date, due to a problem where the accelerator pedal can get stuck, putting drivers at risk of a crash, according to the National Highway Traffic Safety Administration. The…

01

Hugging Face releases a benchmark for testing generative AI on health tasks

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Hugging Face has published a new leaderboard and benchmark for evaluating generative AI models on health-related tasks and questions.

Thursday, Apr 18

23

Tesla still plans to build 1,800-mile charging corridor for semi trucks despite Biden funding snub

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Tesla is pushing forward with a plan to build an electric big rig charging corridor stretching from Texas to California, despite being snubbed by a lucrative federal funding program that’s part of Biden’s Bipartisan Infrastructure Law. But…

21

Robots can make jobs less meaningful for human colleagues

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Much has been (and will continue to be) written about automation’s impact on the jobs market. In the short term, many employers have complained of an inability to fill roles and retain workers, further accelerating robotic adoption. The…

Ibotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares

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Ibotta began its path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from its proposed range of $76 to $84 per share. And this pop is despite boosting the size of…

20

Lacework, last valued at $8.3B, is in talks to sell for just $150M to $200M, say sources

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Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last funding round — is in talks to be acquired by another security player,…

Hackers are threatening to leak World-Check, a huge sanctions and financial crimes watchlist

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The hackers say they have stolen 5.3 million records from the World-Check database, used by companies and banks for screening potential customers.

19

Cape dials up $61M from a16z and more for mobile service that doesn’t use personal data

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"You can’t leak or sell what you don’t have," according to the company's website.

Meta releases Llama 3, claims it’s among the best open models available

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Meta has released the latest entry in its Llama series of open source generative AI models: Llama 3. Or, more accurately, the company has open sourced two models in its new Llama 3 family, with the rest to come at an unspecified future…

Meta adds its AI chatbot, powered by Llama 3, to the search bar across its apps

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Meta’s making several big moves today to promote its AI services across its platform. The company has upgraded its AI chatbot with its newest Large Language Model, Llama 3, and it is now running it in the search bar of its four major apps,…

17

Uber, Nvidia-backed Serve Robotics hits public markets with $40M splash

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Serve Robotics, the Uber and Nvidia-backed sidewalk robot delivery company, debuted publicly on the New York stock exchange Thursday, making it the latest startup to choose going public via a reverse merger as an alternative path to…

16

Apex Legends hacker says game developers patched exploit used on streamers

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Last month, a hacker wreaked havoc during an esports tournament of the popular shooter game Apex Legends, hacking two well-known streamers mid-game to make it look like they were using cheats. A month later, it seems like the hacking saga…

15

For Dataplor’s data intelligence tool, it’s all about location, location, location

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Dataplor’s “secret sauce” combines technology and public domain data with a human factor, employing over 100,000 people, called Explorers, to validate all the data via computer.

13

Google fires 28 employees after sit-in protest over controversial Project Nimbus contract with Israel

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Google has terminated the employment of 28 staff following a prolonged sit-in protest at the company’s Sunnyvale and New York offices. The employees were protesting against Project Nimbus, a $1.2 billion cloud computing contract inked by…

05

India’s VerSe acquires Apple News+ rival Magzter

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VerSe, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand firm Magzter, which competes with Apple News+.

02

Consumer Financial Protection Bureau fines BloomTech for false claims

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The CFPB is permanently banning BloomTech from consumer lending activities and its CEO, Austen Allred, from student lending for a period of 10 years.

01

6 Waymo robotaxis block traffic to San Francisco freeway on-ramp

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Waymo can operate on San Francisco freeways without a human driver, but the company is still only testing on freeways with a human driver in the front seat.

Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation

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Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders Fund co-led the raise, which…

Wednesday, Apr 17

22

AirChat, the buzzy new social app, could be great — or, it could succumb to the same fate as Clubhouse

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Over the weekend, another social media platform exploded into the fray: AirChat. The app is like a combination of Twitter and Clubhouse. Instead of typing a post, you speak it. The app quickly transcribes what you say, and as your…

Mastering finance essentials with Mercury’s VP of finance, Dan Kang, at TechCrunch Early Stage

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TechCrunch Early Stage is gearing up for another insightful event on April 25, and one roundtable session promises to be particularly illuminating for early-stage founders. Titled “Finance Fundamentals Before Your First Finance Hire: A…

21

Adtech giants like Meta must give EU users real privacy choice, says EDPB

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The European Data Protection Board (EDPB) has published new guidance which has major implications for adtech giants like Meta and other large platforms. Since November 2023, the owner of Facebook and Instagram has forced users in the…