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Anthropic is accusing three Chinese AI companies of setting up more than 24,000 fake accounts with its Claude AI model to improve their own models. The labs — DeepSeek, Moonshot AI, and MiniMax — allegedly generated more than 16 million exchanges with Claude through those accounts using a technique called “distillation.” Anthropic said the labs…
Xflow, an Indian fintech startup, has secured backing from both Stripe and PayPal Ventures in a $16.6 million funding round. The investment comes as the company works to carve out a position in cross-border B2B payments, a market still dominated by banks and manual processes. The Series A round was led by General Catalyst, with…
Scott Rogowsky is a comedian — he knows how to make fun of himself. That’s how he ended up roaming New York City Comic Con with his own photo printed out like a “Wanted” poster, filming himself asking strangers, “Have you seen this man?” These passersby showed a flicker of recognition, looking at the tall,…
Peak XV announced on Friday that it has raised $1.3 billion across new India and Asia-focused funds. The firm, which now manages more than $10 billion in assets, is sharpening its focus on artificial intelligence and cross-border bets amid intensifying competition for deals in the region. The capital will be deployed across its India seed…
For the most sought-after founders, the prestige of a top-tier accelerator is increasingly weighed against giving up a significant ownership stake in their company. Ali Partovi, the veteran investor and CEO of venture firm Neo, wants to offer the mentorship and community of one of the most elite accelerator programs—without forcing the best up-and-coming tech…
Tech investors haven’t given up on the dream of making physical products with the same speed and ease as coding software. Executives at Freeform, a startup developing a novel 3D printing system for metal components, told TechCrunch that the company raised a $67 million Series B to expand its manufacturing platform. Investors include Apandion, AE…
Power, rather than compute, is fast becoming the limiting factor in scaling AI data centers. That shift has prompted Peak XV Partners to back C2i Semiconductors, an Indian startup building plug-and-play, system-level power solutions designed to cut energy losses and improve the economics of large-scale AI infrastructure. C2i (which stands for control conversion and intelligence)…
A security lapse by one of India’s largest pharmacy chains allowed outsiders to gain full administrative control of its platform, exposing customer order data and sensitive drug-control functions, TechCrunch has exclusively learned. The issue affected DavaIndia Pharmacy, the pharmacy arm of Zota Healthcare, which operates a large network of retail outlets across India. Security researcher…
The Securities and Exchange Commission closed its investigation into bankrupt electric vehicle startup Fisker last September, roughly one year after the probe was opened. TechCrunch learned the investigation was closed when the financial regulator responded to a Freedom of Information Act (FOIA) request in January. The SEC’s FOIA department said it had identified “approximately 21.7…
Modal Labs, a startup specializing in AI inference infrastructure, is talking to VCs about a new round at a valuation of about $2.5 billion, according to four people with knowledge of the deal. Should the deal close at these terms, the funding round would more than double the company’s valuation of $1.1 billion announced less…