Lucid Motors Cuts 12% of Workforce in Profitability Push
The Buzz ■ Lucid Motors is cutting 12% of its workforce, affecting hundreds of US employees per internal memo via…
Tag: investment opportunities
OpenAI Alumni Launch 18 Startups, Reshaping AI Landscape
The Buzz ■ 18 startups have been founded by OpenAI alumni, including major players like Anthropic and Perplexity, according to…
General Catalyst pledges $5B to India, 5x jump from prior plan
The Buzz ■ General Catalyst commits $5 billion to India over five years, up from $500M-$1B earlier target ■ Announcement…
Nvidia Courts India’s AI Founders Through Early-Stage Ecosystem Push
Nvidia is making a strategic bet on India’s burgeoning AI startup scene, forging partnerships with investors, venture firms, and nonprofits…
Startup CEOs Push Back on AI Job Doom at Web Summit
The Buzz ■ Read AI and Lucidya CEOs told TechCrunch at Web Summit Qatar that AI replaces tasks, not workers…
Block’s Rolling Layoffs Expose AI-Driven Workforce Shift
The Buzz ■ Block implements rolling layoffs while mandating daily AI tool usage across workforce, according to employee accounts via…
Code Metal Raises $125M Series B for AI-Powered Defense Code Overhaul
Code Metal, a Boston-based defense tech startup, just closed a $125 million Series B to tackle one of the Pentagon’s…
Google Cloud VP warns startups on infrastructure debt trap
The Buzz ■ Google Cloud VP warns startup founders about infrastructure ‘check engine light’ moments in TechCrunch video interview ■…
Ex-Tesla VP Drew Baglino raises $140M for grid tech startup
The Buzz ■ Heron Power raises $140M to build giga-scale factory for electrical grid technology, per TechCrunch ■ Founded by…
Meta Study: India’s AI Market Set to Hit $32B by 2031
Meta is betting big on India’s open source AI revolution. New research released today by the Linux Foundation in partnership…
Nvidia Taps Indian VCs to Scout Next AI Unicorns
Nvidia is making a calculated bet on India’s AI startup scene, forging partnerships with local venture capital firms to identify…
Climactic Launches Hybrid Fund to Bridge Climate Startup Gap
The Buzz ■ Climactic launches Material Scale, a hybrid fund targeting climate tech startups navigating the scaling phase between early…
a16z Partner Reveals Speedrun Accelerator Application Tips
The Buzz ■ Andreessen Horowitz partner Joshua Lu shared exclusive tips with TechCrunch on standing out in Speedrun applications ■…
Ever Raises $31M Series A for AI-Powered EV Marketplace
San Francisco-based Ever, an all-electric vehicle marketplace, just closed a $31 million Series A led by Eclipse, marking one of…
AI Rivals Unite: OpenAI, Google Launch Paris Accelerator
The Buzz ■ OpenAI, Anthropic, and Google are partnering on F/ai, a new startup accelerator based in Paris, according to…
Hauler Hero raises $16M as AI waste management doubles revenue
The Buzz ■ Hauler Hero closed a $16M funding round after doubling revenue, customers, and team size since 2024 ■…
India Doubles Deep Tech Startup Timeline to 20 Years
India just rewrote the rulebook for deep tech startups. The government doubled the period companies can claim startup status to…
AI Founder Plans ‘March for Billionaires’ Against CA Tax
The Buzz ■ Derik Kaufmann, founder of AI startup RunRL, is organizing a ‘March for Billionaires’ in San Francisco this…