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When Eventual founders Sammy Sidhu and Jay Chia were working as software engineers at Lyft’s autonomous vehicle program, they witnessed a brewing data infrastructure problem — and one that would only become larger with the rise of AI. Self-driving cars produce a ton of unstructured data from 3D scans and photos to text and audio….
Harvey AI, a startup that provides automation for legal work, has raised $300 million in Series E funding at a $5 billion valuation, the company told Fortune. The round was co-led by Kleiner Perkins and Coatue, with participation from existing investors, including Conviction, Elad Gil, OpenAI Startup Fund, and Sequoia. The financing comes just four months…
While funding may be scarce for some, Europe’s fastest-growing startups still have their pick. The latest beneficiary of that investor appetite is Finom, a five-year-old, Amsterdam-based challenger bank that targets small and medium-size businesses across Europe. The company, which claims to have doubled its revenue in 2024, just closed a €115 million Series C equity…
It’s now or never — this is your final day to lock in savings for TechCrunch All Stage, happening July 15 in Boston. Prices increase tonight, June 22, at 11:59 p.m. PT. If you’ve been thinking about attending, now’s the time to commit. Register here. TC All Stage brings together founders, investors, and operators from…
TerraPower, the nuclear startup founded and backed by Bill Gates, announced a new $650 million funding round this week. The investment will help the company build its first commercial power plant. Like other nuclear startups, TerraPower has been riding a wave of interest from hyperscalers, data center developers, and now chip designers. Nvidia’s venture arm,…
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. Some startups accrued value at lightning speed this week, and we got confirmation that defense tech is red hot. Most interesting startup stories from the week Image…
Time is almost up! Regular bird pricing for TechCrunch All Stage ends this Sunday, June 22, at 11:59 p.m. PT. That means you have just 2 days left to lock in savings of up to $210 on your ticket to one of the ultimate founder events of the summer. TC All Stage lands in Boston…
Thinking Machines Lab, the secretive AI startup founded by OpenAI’s former chief technology officer Mira Murati, has closed a $2 billion seed round, according to The Financial Times. The deal values the six-month-old startup at $10 billion. The company’s work remains unclear. The startup has leveraged Murati’s reputation and other high-profile AI researchers who have…
No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared. During that period, the world’s leading high-performance GPU maker…
If you’re serious about traction, scale, and funding, you have 4 days left to secure your pass to TechCrunch All Stage — and save up to $210 while you’re at it. Prices rise after June 22 at 11:59 p.m. PT. This is not just another startup event. It’s your tactical launchpad and the fuel to…