Category: Enterprise
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Every fusion startup that has raised over $300M
Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies. © 2024 TechCrunch. All rights reserved. For personal use only. Over the last several years, fusion power has gone from the butt of jokes — always a decade away! — to an increasingly tangible and…
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OpenAI could shake up its nonprofit structure next year
It’s looking increasingly likely that OpenAI will soon alter its complex corporate structure. Reports earlier this week suggested that the AI company was in talks to raise $6.5 billion at a $150 billion pre-money valuation. Now Reuters says the deal is contingent on whether OpenAI can restructure and remove a profit cap for investors. In…
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The LinkedIn games are fun, actually
I have a guilty pleasure, and it’s not that I just rewatched “Glee” in its entirety (yes, even the awful later seasons), or that I have read an ungodly amount of Harry Potter fan fiction in my time. My guilty pleasure is that I play the LinkedIn games. To answer the obvious question: Wait, LinkedIn…
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Shrinking teams, warped views, and risk aversion in this week’s startup news
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week once again proved that the startup world isn’t homogeneous when it comes to risk-taking. Let’s have a look. Most interesting startup stories from the week…
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These two friends built a simple tool to transfer playlists between Apple Music and Spotify, and it works great
Soundiiz is a free third-party tool that builds portability tools through existing APIs and acts as a translator between the services. © 2024 TechCrunch. All rights reserved. For personal use only. Last year, I had the unfortunate experience of losing all my playlists when I switched from Apple Music to Spotify. To me, playlists…
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Telegram CEO Durov’s arrest hasn’t dampened enthusiasm for its TON blockchain
Telegram has had a tough few weeks. The messaging app’s founder, Pavel Durov, was arrested in late August and later released on a €5 million bail in France, charged with running a company complicit in distributing child sexual abuse material and facilitating drug trafficking and organized fraud. Predictably, that crashed the price of the network’s…
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TechCrunch Minute: Meta acknowledges it’s scraping all public posts for AI training
If you’re wondering if your Facebook and Instagram posts have been used to train AI models at parent company Meta, the answer is almost certainly yes. That’s probably not a huge surprise. Meta already announced that it’s using user content and data to train AI — but this week, its global privacy director, Melinda Claybaugh,…
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Y Combinator expanding to four cohorts a year in 2025
Silicon Valley startup accelerator Y Combinator will expand the number of cohorts it runs each year from two to four starting in 2025, Bloomberg reported Thursday, and TechCrunch confirmed today. Y Combinator president Garry Tan told the site that approximately the same number of companies will go through YC each year, despite the change. This…
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Investors rebel as TuSimple pivots from self-driving trucks to AI gaming
TuSimple, once a buzzy startup considered a leader in self-driving trucks, is trying to move its assets to China to fund a new AI-generated animation and video game business. The pivot has not only puzzled and enraged several shareholders, but also threatens to pull the company back into a legal morass mere weeks after reaching…
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First impressions of OpenAI o1: An AI designed to overthink it
OpenAI released its new o1 models on Thursday, giving ChatGPT users their first chance to try AI models that pause to “think” before they answer. There’s been a lot of hype building up to these models, codenamed “Strawberry” inside OpenAI. But does Strawberry live up to the hype? Sort of. Compared to GPT-4o, the o1…