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SpaceX went public this week in the largest IPO ever, making CEO Elon Musk the world’s first trillionaire. Despite its name, SpaceX has been emphasizing the potential of its costly AI business, and competitors OpenAI and Anthropic may soon follow with their own public market debuts. So on the latest episode of TechCrunch’s Equity podcast,…
Anthropic’s sudden move to suspend access to its newest AI models following a U.S. government directive has raised fresh questions across the global technology industry. In India, the decision has reignited a long-running debate over whether one of the world’s largest AI markets can afford to rely on technologies built and controlled elsewhere. The announcement…
Entrepreneur and former presidential candidate Andrew Yang has a theory about where the next wave of startup opportunity lies, and it starts with a question most founders aren’t asking: what if the business model was giving money back instead of extracting it? Yang was inspired by Mark Cuban. Not by his wealth, or his celebrity,…
Humanoids aren’t quite ready to replace factory workers, but the industry can’t wait. Faced with labor shortages, manufacturers have shown growing interest in startups that promise faster automation without the usual tradeoffs. That’s the bet behind Theker, an AI robotics startup that aims to go beyond robots trained for a single task. “If you always…
Microsoft has signed a three-year agreement to buy nearly 37,000 tons of carbon removal credits from Indian startup Alt Carbon, marking the tech giant’s first enhanced-rock weathering deal in Asia. Under the agreement, Alt Carbon will deliver 36,920 metric tons of carbon dioxide removal credits by 2029 from its Darjeeling Revival Project in eastern India….
Opendoor, the San Francisco-based online home-buying platform, is shutting down its India operations less than two years after expanding its presence in the country. The decision has become a flashpoint in the debate over whether AI is starting to alter the economics of offshore work. In announcing the decision on Wednesday, CEO Kaz Nejatian cited…
Andrew Yang’s 2020 presidential campaign was based on a warning that automation and AI would hollow out the labor market and concentrate wealth in the hands of a few. At the time, ideas like Universal Basic Income felt fringe. Now Dario Amodei, Sam Altman, and Bernie Sanders are all saying versions of the same thing. An entrepreneur at heart,…
Indian quick-commerce startup Zepto has unveiled plans for an initial public offering that could be valued at about $1 billion, putting one of Y Combinator’s biggest bets outside the U.S. on the path to public markets. The filing, released Monday, offers a rare look at how one of India’s most closely watched startups plans to…
Every year I read through thousands of Startup Battlefield applications. And every year, I see the same pattern: The founders who belong on this stage are often the ones who almost didn’t apply. They think they’re too early. They think they need more traction. They think the program is for companies further along than they…
For years, our social media experiences have been dominated by Big Tech players like Meta (Facebook, Instagram, WhatsApp), Google (YouTube), Snapchat, TikTok, and X. But a growing number of startups are taking aim at these giants by building new, often smaller and more personal social networking experiences to connect people with friends, interests, and tighter-knit…