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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)…
Much of Silicon Valley has spent years chasing mega-rounds and buzzy AI deals. Meanwhile, Stacy Brown-Philpot is running Cherryrock Capital like a throwback to venture capital’s earlier days, writing smaller Series A and B checks to founders that larger firms routinely overlook. The former TaskRabbit CEO and decade-long Google veteran launched Cherryrock a year ago…
Elon Musk is “actively” working to make xAI’s Grok chatbot “more unhinged,” according to a former employee who spoke to The Verge about recent departures from Musk’s AI company. This week, following the announcement that Musk’s SpaceX is acquiring xAI (which previously acquired his social media company X), at least 11 engineers and two co-founders…
Much has changed for Jenny Wang, the founder who’s bringing “Clueless” fashion tech to life. Last year, her company, Alta, raised $11 million in a round led by Menlo Ventures to let users create digital closets and try on their clothes with their own virtual avatars. It’s a tech once seen only in movies, most…
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…
The fake goods crisis cuts two ways. Luxury brands lose more than $30 billion a year to counterfeits, while buyers in the booming $210 billion second-hand market have no reliable way to verify that what they’re purchasing is genuine. Veritas wants to solve both problems with a solution that combines custom hardware and software. The…
Early-stage founders, this is your moment! Are you ready to put your startup to the test on the ultimate global stage? The Startup Battlefield is calling. Nominations for TechCrunch Startup Battlefield 200, the world’s most iconic startup pitch competition, are officially open. Step onto the main stage at TechCrunch Disrupt 2026 and go head-to-head in front of world-class VC judges…
Deep tech startups in sectors such as space, semiconductors, and biotech take far longer to mature than conventional ventures. Because of that India is adjusting its startup rules, and mobilizing public capital, hoping to help more of them make it to commercial products. This week, the Indian government updated its startup framework, doubling the period…
Anthropic and OpenAI may be rivals, but their presidents Daniela Amodei and Gregory Brockman have one thing in common: they are both Stripe alumni. With former employees who went on to create dozens of startups, the fintech company has become one of the most prolific “founder factories” — and the money is following. The latest…
Voice AI company ElevenLabs said today it raised $500 million in a new funding round led by Sequoia Capital, which was an investor in the startup’s last secondary round through a tender. Sequoia partner Andrew Reed is joining the company’s board. The startup is now valued at $11 billion, more than three times its valuation…