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Seattle-based Temporal has made its name over the last several years in the world of microservices — specifically providing a platform to orchestrate the messy business of building and operating integrations and updates across disparate services and apps in the cloud. But the AI boom has come at the company fast. Now, Temporal has raised…
Perplexity CEO Aravind Srinivas recently took to Reddit to address users’ product complaints and reassure them that the company is not under serious financial pressure. Srinivas seemed to be responding, in part, to a user theory that the company is “doing horribly financially” and “making lots of changes to cut costs.” As an example, the…
Time is running out! Less than 48 hours left to lock in your $300+ discount for TechCrunch All Stage founder and investor passes. More than just you? Save even more with bundle tickets. Rates increase on March 31 at 11:59 p.m. PT. TC All Stage is where founders accelerate their growth and investors discover their…
Last year, funding into African startups edged past $2 billion, returning to pre-pandemic levels and presenting a mixed bag as expected. Signs suggest 2025 will follow the cautious trends of the past two years. A sharp decline in mega-deals, mirroring global venture capital tightening since the boom of 2020-2021, pushed local and international investors to…
The final countdown is here! This is your last weekend to lock in Early Bird pricing for TechCrunch All Stage founder and investor tickets. Save up to $320 before the clock strikes 11:59 p.m. PT on March 31. Founders, charge ahead. Investors, power the mission! On July 15 at SoWa Power Station in Boston, 1,200…
An excerpt from the upcoming book “The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future” offers new details about why OpenAI’s board briefly fired CEO Sam Altman back in 2023. Written by Wall Street Journal reporter Keach Hagey, the book claims the nonprofit’s board members became increasingly concerned after learning about issues…
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. This week reminded us that creative accounting doesn’t only happen in Hollywood. Some hopes were dashed, but startups are delivering on all sorts of promises, from nuclear…
Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s customer…
Time’s running out — 4 days left to save over $300 on Founder and Investor Passes for TechCrunch All Stage! Founders, accelerate your journey. Investors, fuel their success. Join us on July 15 at SoWa Power Station in Boston, Massachusetts, for TC All Stage, where 1,200 founders and VCs come together to scale from seed…
HoneyBook, a startup last valued in late 2021 at $2.4 billion, told TechCrunch that it hit $140 million in annualized recurring revenue (ARR). This makes HoneyBook one of the few startups with peak-VC-era valuations to report their financials after the market cooled. Many startups that raised in 2021 and have not raised since then remain…