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The software supply chain, which comprises the components and processes used to develop software, has become precarious. According to one recent survey, 88% of companies believe poor software supply chain security presents an “enterprise-wide risk” to their organizations. Open source supply chain components are especially fraught, thanks to the logistical hurdles in keeping each component well-maintained….
Amnon Shashua, the founder and CEO of Mobileye, has an eye for complicated problems that he believes can be solved with AI, and that AI itself can be fixed to become more reliable. On the sidelines of building and running his self-driving car technology company — which he took public, then sold to Intel, then…
Phillip Man was burned out. He had founded a watch trading company with his flatmate, but the grind was wearing him down. “We did that for ten years,” Man said. “It’s very difficult to keep yourself motivated when you know the whole reason for your operation is to sell expensive stuff to wealthy people.” He…
Zepto is in advanced stages of talks to raise $100 million in new investment, its third in the last six months, as the leading Indian quick commerce startup looks to rope in more domestic investors, sources familiar with the talks told TechCrunch. The Mumbai-headquartered startup, which delivers grocery items and office stationery to customers’ doorsteps…
Table Space, an Indian managed workspace provider, is targeting a valuation of $2.5 billion or more for an IPO planned for next year, sources familiar with the matter told TechCrunch. The Bengaluru-headquartered startup has hired Axis as a bookrunner for the IPO, the sources said. Founded in 2017, Table Space leases large office spaces, transforms…
Interlagos, the venture capital firm started by former senior SpaceX leaders, is looking to raise $550 million for its first venture fund, according to regulatory filings and a confidential deck sent to prospective LPs and viewed by TechCrunch. The existence of the firm was first reported by TechCrunch in April, but almost nothing has been…
“CBS’ Tony Dokoupil offers ‘regrets’ at teary staff meeting after grilling anti-Israel author” “CBS Mornings” co-host Tony Dokoupil told staffers during an emotional meeting that he “regretted” putting them in a difficult position amid the brewing scandal at the network over his grilling of an anti-Israel author, The Post has learned. The embattled anchor spoke…
Cloud providers are chasing after AI unicorns, and the latest is Fei-Fei Li’s World Labs. The startup just tapped Google Cloud as its primary compute provider to train AI models, a deal that could be worth hundreds of millions of dollars. But Li’s tenure as chief scientist of AI at Google Cloud wasn’t a factor,…
General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $800 million and $1 billion, according to a person familiar with the plans. A continuation fund consists of a portion of stakes that the VC firm has in portfolio companies. With around $25…
Fusion startups have been on a fundraising tear lately, and a young startup, Acceleron Fusion, is joining the pack, having raised $15 million of a targeted $23.7 million round, according to an SEC filing. The fusion sector recently has been showered with interest from investors, who no doubt have been encouraged by the breakthrough experiment…