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This week, AI chipmaker Cerebras Systems announced that it raised $1 billion in fresh capital at a valuation of $23 billion — a nearly threefold increase from the $8.1 billion valuation the Nvidia rival had reached just six months earlier. While the round was led by Tiger Global, a huge part of the new capital…
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…
Cloud data company Snowflake has entered into a $200 million multi-year AI deal with OpenAI on Monday, the latest signal that enterprise AI competition continues to heat up. Under the deal, Snowflake’s 12,600 customers will have access to OpenAI models across all three major cloud providers. Snowflake employees access to OpenAI’s ChatGPT Enterprise as well….
Skylight, a TikTok alternative built on open source technology, is benefiting from concerns that arose over TikTok U.S.’s change in ownership last week. The startup, a maker of a short-form, vertical video app similar to TikTok, says it has now topped over 380,000 users and is continuing to grow after a busy weekend. Launched last…
Sunny Sethi, founder of HEN Technologies, doesn’t sound like someone who’s disrupted an industry that has remained largely unchanged since the 1960s. His company builds fire nozzles — specifically, nozzles that it says increase suppression rates by up to 300% while conserving 67% of water. But Sethi is matter-of-fact about this achievement, more focused on…
With the change in TikTok ownership, TikTok users in the U.S. are collectively freaking out over the company’s updated privacy policy after being alerted to the changes through an in-app message. The revised document details the U.S. joint venture’s conditions for using its service, including the specific location information it may collect. Many users are…
Harvey, the high-flying legal AI startup, has acquired Hexus — a two-year-old startup that builds tools for creating product demos, videos, and guides — as the company continues its aggressive expansion amid fierce competition in the legal tech market. Hexus founder and CEO Sakshi Pratap, who previously held engineering roles at Walmart, Oracle, and Google,…
We’re kicking things off earlier than ever this year! TechCrunch Disrupt 2026 tickets are officially on sale. Lock in the lowest rates of the year with the Super Early Bird pricing — available through February 27 — and be among the first 500 registrants to score a plus one pass at 50% off. Once either limit is hit, these deals disappear. Register now to save up…
ICE (U.S. Immigration and Customs Enforcement) has now become the No. 3 most-blocked account on Bluesky, after receiving its official verification on Friday, according to third-party trackers. Bluesky users, unsurprisingly, are angry about the government account being hosted on the platform. Many are recommending that others block the account directly or subscribe to a block…
Netflix today is launching a new feature that will allow users to interact with live content through voting. The streaming company said the option will be available with the premiere of its live-streamed talent show “Star Search” on January 20. Subscribers will be able to either pick a selection from a multiple-choice menu or rate someone’s…