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The new $225 Pebble Time 2 smartwatch feels like a toy, and we mean that in the best sense of the word. The refreshed version of the indie smartwatch brand, rebooted by its original founder, feels casual, fun, and playful, — not like a mini-computer on your wrist. Its quirky watch faces and simple apps…
Stripe confirmed on Wednesday that it was buying OpenRouter. While the company didn’t disclose the deal price, sources told the New York Times that it paid $7.5 billion. That’s a huge step up from OpenRouter’s $1.3 billion valuation in May. To put that price in context, the founders alone will reportedly receive $1.5 billion from the…
In Thrive Capital’s first-ever investor letter, founder Joshua Kushner has some unexpected things to say about his venture capital rivals on the West Coast. “It is difficult to overstate the magnitude of the opportunity,” Kushner wrote about AI in the letter, leaked to Bloomberg. “It would also be a grave error in our minds to…
Cognition, maker of the AI coding agent Devin, is reportedly already talking to investors about raising another funding round with a big leap in valuation, after it raised $1 billion at a $26 billon valuation in May. This new round could deliver at least a $40 billion valuation based on achieving a $1 billion annualized…
Palantir CEO Alex Karp on Monday once again warned that AI frontier labs are too untrustworthy for enterprises. The CEO, who famously studied philosophy and earned a PhD in social theory, implied in Palantir’s quarterly shareholder letter that these were the kinds of capitalists who gave rise to Marxist socialism. “There are Marxist overtones and…
Apps are back, or maybe they never left in the first place. While some people debate whether people will shift away from apps as AI agents make accessing online services more efficient, we’ve found the App Store to be alive and well, with a recent explosion of fun, creative, and innovative tools, experiences, and other…
The Malaysian government has ordered the shutdown of a startup-centric community called the Network School, according to The Wall Street Journal. Billing itself as “a frontier community for techno-optimists,” the Network School reportedly grew out of entrepreneur and investor Balaji Srinivasan’s conviction that the United States is in irreversible decline; Srinivasan has said his goal…
Uber has partnered with — and in some cases made direct investments in — more than 30 autonomous vehicle companies over the past two years. And it’s taking a global approach. Here, TechCrunch tracks every one of those moves in one place. But first, a bit of history. Uber was, at one time, developing and testing…
Amazon reported better-than-expected second-quarter earnings on Thursday, and investors loved what they saw. Net sales rose 20%, and cloud revenue stood out as a particular bright spot. This combination of positive results was enough to send Amazon’s stock up nearly 10% in after-hours trading. Crucially, Amazon isn’t slowing down on data center spending, despite the…
LinkedIn is taking aim at the “AI slop” — low-quality, artificially generated content — filling its feed. On Thursday, the company announced that it’s adding a new feature to let users click a “seems like AI slop” button when someone’s post appears to have been written with AI. The move reflects a broader shift across…