Newsrooms have been experimenting with AI for several years now but, for the most part, those efforts have been just that: experiments. A relatively unknown startup, Symbolic.ai, wants to change that, and it just signed a major deal with News Corp, the media conglomerate owned by Rupert Murdoch. News Corp, the major assets of which…
OpenAI announced it has acquired a tiny startup called Torch for an undisclosed sum. An unnamed source told The Information that OpenAI paid $100 million worth of equity for the startup. Torch’s four-person team is joining OpenAI, both companies said. Torch was working on an app that combined all of a person’s medical information for…
Data security startup Cyera continues on a growth tear. On Thursday, it announced a $400 million Series F funding round at a $9 billion valuation. The New York-based outfit has now raised over $1.7 billion. This funding comes just six months after the previous $540 million round at a $6 billion valuation. The new round…
Over the last several years, fusion power has gone from the butt of jokes — always a decade away! — to an increasingly tangible and tantalizing technology that has drawn investors off the sidelines. The technology may be challenging to master and expensive to build today, but fusion promises to harness the nuclear reaction that…
Every year, TechCrunch’s Startup Battlefield pitch contest draws thousands of applicants. We whittle those applications down to the top 200 contenders, and of them, the top 20 compete on the big stage to become the winner, taking home the Startup Battlefield Cup and a cash prize of $100,000. But the remaining 180 startups all blew…
French startup Ÿnsect shot into the spotlight when “Iron Man” star Robert Downey Jr. touted its merits on the “Late Show” during Super Bowl weekend 2021. Now, nearly four years later, the insect farming company has been placed into judicial liquidation — essentially bankruptcy — for insolvency. The company’s demise is hardly a surprise, as…
The former Yahoo CEO, Marissa Mayer, refuses to sit on the sidelines of the generative AI revolution. After spending the last six years running Sunshine, a photo-sharing and contact-management startup with little success, the storied tech leader has shuttered the company to launch Dazzle, a new startup focused on building the next generation of AI…
Renowned AI scientist Yann LeCun confirmed on Thursday that he had launched a new startup — the worst-kept secret in the tech world — though he said he will not be running the new company as its CEO. His startup is called Advanced Machine Intelligence (AMI) and has hired Alex LeBrun, co-founder and CEO of…
MoEngage, a customer engagement platform used by consumer brands across 75 countries, has announced a Series F follow-on transaction just over a month after securing $100 million, with a majority of the latest funding providing liquidity to investors and employees through secondary transactions. In the latest raise, where $180 million traded hands altogether, about $123…
Theo Baker is truly an outlier. While journalism as a major has seen shrinking enrollment for years and is even being dropped by some schools entirely, Baker, a senior at Stanford University, has doubled down on old-school investigative reporting, and it is paying off spectacularly. Baker first made headlines as a college freshman when his…
