How Rubrik’s IPO paid off big for Greylock VC Asheem Chandna

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When Asheem Chandna drove up to Rubrik’s office in Palo Alto on a Friday night in early 2015, he was looking forward to...

Meta AI tested: Doesn’t quite justify its own existence, but free is free

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Meta’s new large language model, Llama 3, powers the imaginatively named “Meta AI,” a newish chatbot that the social media and advertising company...

Watch: Between Rabbit’s R1 vs Humane’s Ai Pin, which had the best launch?

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After a successful unveiling at CES, Rabbit is letting journalists try out the R1 — a small orange gadget with an AI-powered voice...

Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal

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Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. A newly-formed entity called Luke...

Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund

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Global Founders Capital, the Berlin-based early stage VC firm with close ties to the German startup factory Rocket Internet, is going to become...

Defense startup True Anomaly lays off around 25%, cancels summer internship

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Space and defense startup True Anomaly has laid off around 25% of its workforce and canceled its summer internship program, TechCrunch has learned. “With...

xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his...

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xAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to...

Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs

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Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than...

Boeing’s Starliner set to fly astronauts for the first time on May 6

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Boeing’s Starliner is a go for launch. Leaders from NASA and Boeing told reporters that the first crewed Starliner mission, which will see the...

Health insurance giant Kaiser notifies millions of a data breach

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U.S. health conglomerate Kaiser is notifying millions of its members of a data breach earlier this month. In a legally required notice filed with...

Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its...

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Open banking may be a global trend, but implementation is fragmented. The fintech startups doing the legwork to make it a reality in...

Paystand acquires Teampay to be DeFi version of ‘Venmo for B2B payments’

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Paystand has acquired spend management software startup Teampay to create what the companies describe as a “no-fee B2B digital payment and spend powerhouse.” Financial...