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OpenAI has raised $110 billion in private funding, the company announced Friday morning, commencing one of the largest private funding rounds in history. The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion pre-money valuation. Notably, the round has remains…
Anthropic CEO Dario Amodei said Thursday that he “cannot in good conscience accede to [the Pentagon’s] request” to give the military unrestricted access to its AI systems. “Anthropic understands that the Department of War, not private companies, makes military decisions,” Amodei wrote in a statement. “However, in a narrow set of cases, we believe AI…
Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it from over 10,000 workers…
As space companies itch to push the most advanced chips into orbit, the problem of cooling those high-powered processors is top of mind. “It’s cold in space…[but] there’s no airflow, and so the only way to to dissipate is through conduction,” NVidia CEO Jensen Huang when asked about space-based data centers during his firm’s most…
Meeting notetaker Read AI on Thursday launched an AI-powered email-based assistant called Ada, saying it helps users manage their schedules, answer questions based on a company’s knowledge base, and reply to out-of-office emails. The company is calling Ada a “digital twin” that handles tasks for you around the clock. Read AI said that the assistant…
Super Early Bird pricing ends tomorrow, February 27, at 11:59 p.m. PT. After that, prices for TechCrunch Disrupt 2026 go up. Miss this, and you’ll be paying more for the same access to one of the most anticipated tech events of the year. Register now to secure discounts of up to $680 on your pass,…
The proliferation of AI data centers plugging into the national electrical grid has helped increase consumer electricity prices, driving up the average national electricity price by more than 6% in the last year. That’s not a good look for the incumbents ahead of this fall’s elections, and President Donald Trump addressed the challenge in his…
Anthropic on Wednesday announced that it has acquired Vercept, an AI startup with deep roots to some of the biggest names in Seattle’s tech scene. The acquisition marks the latest after Anthropic acquired coding agent engine Bun in December to help scale Claude Code. Vercept had created tools for more complex agentic tasks, including its…
As AI-powered search tools reshape how businesses are discovered online, India-founded startup Gushwork is helping companies capture customers from platforms such as ChatGPT, Gemini, and Perplexity — with early traction that is beginning to draw investor support. The two-year-old startup said Thursday it had raised $9 million in a seed round led by Susquehanna International…
Salesforce pulled out all the stops to convince investors that the AI revolution won’t be its death when it announced fourth-quarter earnings on Wednesday. Salesforce reported a solid quarter of $10.7 billion in revenue, up 13% year-over-year. For the year, it reported $41.5 billion in revenue, up 10% over the previous year, with both results…