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TechCrunch will be on the ground at SXSW 2025 — the annual tech, music, comedy, and film conference that kicked off Friday in Austin — in search of the zeitgeist of this AI-centric era. Yup, we’re one sentence in and AI has already made its entrance. And why not? A quick scan of the massive…
Investor interest in AI coding assistants is exploding. Anysphere, the developer of AI-powered coding assistant Cursor, is in talks with venture capitalists to raise capital at a valuation of nearly $10 billion, Bloomberg reported. The round, if it transpires, would come about three months after Anysphere completed its previous fundraise of $100 million at a…
Discord – the chat app with over 200 million monthly users – is in early stage talks to IPO, the New York Times reports. Discord’s discussions with investment bankers are still exploratory and plans could change, per the NYT’s sources. Discord understands there is a lot of interest about its future plans, but does not…
The U.S. Department of Labor (DOL) is investigating the data-labeling startup Scale AI for compliance with the Fair Labor Standards Act, TechCrunch has learned. That’s a federal law that regulates unpaid wages, misclassification of employees as contractors, and illegal retaliation against workers. The investigation has been active since at least August 2024, a document seen…
Google co-founder Larry Page is building a new company called Dynatomics that’s focused on applying AI to product manufacturing, according to The Information. Page is reportedly working with a small group of engineers on AI that can create “highly optimized” designs for objects and then have a factory build them, per The Information. Chris Anderson,…
There seems to be a new, more impressive AI model every week. Given the rapid pace, how can founders best position themselves to build on top of this technology? At TechCrunch Sessions: AI, on June 5 in Zellerbach Hall at UC Berkeley, we’ll host a panel on “How Founders Can Build on Existing Foundational Models”…
The war in Ukraine has brought drones to the forefront of modern warfare, creating a surge in demand for counter-drone systems. However, legacy solutions to counter drones, such as ground-based defense systems and cyber warfare, often come with a hefty price tag. For German startup Alpine Eagle, these solutions fall short: When now-ubiquitous $500 first-person…
Anna Patterson has had a storied career in Silicon Valley. She founded three startups, including search engine upstarts Xift and Cuil, as well as recall.archive.org, which became the Internet Archive. She was the vice president of engineering at Google, and later on started Gradient Ventures, an AI-focused seed fund. And she isn’t done building. Patterson…
A U.K. startup, originating from founder Jacob Nathan’s high school science project on using enzymes to break down plastic waste, has secured an oversubscribed $18.3 million in Series A funding. Founded in 2019 in London, Epoch Biodesign now a 30+ strong multidisciplinary team of chemists, biologists and software engineers. It will be using the new…
Defense tech startup Epirus, which specializes in anti-drone systems, has raised an oversubscribed $250 million Series D, it told TechCrunch. Epirus, based in Torrance, California, was previously valued at $1.35 billion for its $200 million Series C in 2022, per its announcement at the time. Epirus did not give a specific valuation for this round,…