The AI layoff wave is becoming a powder keg | TechCrunch
…Early last month, AI chipmaker Cerebras Systems closed its first day on the Nasdaq up 68% from its $185 IPO price, giving the chipmaker a market cap of roughly $67 billion — the…
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$60B AI chip darling Cerebras almost died early on, burning $8M a month | TechCrunch
…It held a blockbuster IPO on Thursday , with both of its co-founders billionaires, and ended the week worth about $60 billion. But in 2019, when it was three years old, it…
General Intuition in talks to raise $300M at around $2B valuation | TechCrunch
General Intuition, the New York-based startup building a foundation model that trains AI agents how to move through space and time, is in talks to raise around $300 million, sources familiar…
The Trump administration might take an equity stake in OpenAI | TechCrunch
…The idea has also found some traction on the left, with Senator Bernie Sanders this week proposing a one-time, 50% tax that companies like OpenAI, Anthropic, and xAI (which is part…
Meta rolls out a new AI creator assistant on Facebook | TechCrunch
…up questions and dig deeper on a topic, like how their audience has shifted over time. The answers they receive will be based on their own presence and what they can do…
Lovable signs multiyear deal with Google Cloud to up usage 5x, source says | TechCrunch
…The integration will allow Wiz to identify and remediate security problems in real time. By selling Lovable’s agents through Google’s marketplace, the cloud giant says enterprise procurement and billing will…
Meta steals a tactic from Tesla and builds data centers in tents | TechCrunch
…In a bid to cut construction time in half, Meta has built six tents — or “rapid deployment structures” as the company describes them — outside of New Albany, Ohio, according to Michael Thomas…
Founders Fund launches game show starring Sam Altman, Palmer Luckey, and other tech elites | TechCrunch
…Now, in a sign of the times, Founders Fund, the venture capital firm co-founded by Peter Thiel, has launched its own game show. “MAFIA the GAME,” will apparently be an ongoing…
Still facing copyright lawsuits, AI music generator Suno raises another $400M | TechCrunch
…It continues to hover around the top of the App Store charts for music, and at the time it was raising its Series C round, users were generating over 7 million songs…
Apple's App Store rolls out personalized recommendations | TechCrunch
…The suggestions will also evolve over time based on a user’s app usage and downloads. The feature will initially be available in English in the U.S., and will expand to…