Meta to create a new class of shares to fund AI push

Meta says it’s issuing a new class of shares to fund its AI initiatives. As part of its third-quarter earnings report released on Wednesday, the company says the non-voting stock…

TechCrunch Founder Summit 2026: Everything you need to know  | TechCrunch

TechCrunch Founder Summit is a full-day gathering in Boston on November 4 where founders across all stages connect with top VCs and experienced entrepreneurs to gain tactical insights on building…

Meta says Muse has over 10M users, with shopping a top activity | TechCrunch

Meta said during its third-quarter earnings call on Wednesday that its AI app Muse has been adopted by more than 10 million users, confirming estimates released earlier this week by…

Year-old AI lab Flapping Airplanes raises $1B at a $6B valuation | TechCrunch

Year-old startup Flapping Airplanes has wowed Silicon Valley with an impressive founding team and a mission to find ways to train large models with less data. On Wednesday, the company…

New York’s first microdrama film festival searches for its audience

It remains to be seen if people really want to watch vertical content on horizontal TV screens, but many filmmakers and creators were confident that their latest projects would play…

Meta says it would’ve made over $22 billion if it didn’t have to pay a child safety settlement

Meta had to shell out $9.89 billion to pay for a chunk of the child safety settlement it reached with US attorneys general. That’s according to the company’s third-quarter earnings…

PHP: The three letters that shut down sites all over the internet today

Two bugs found with AI are behind major issues today for 4chan, DeviantArt, Wikipedia, and the blog where the bar around the corner posts pictures of people’s dogs. The “critical…

Tesla starts Optimus robot production in California as profit falls 43% | TechCrunch

Tesla has started production of its Optimus humanoid robot at its factory in Fremont, California, in a manufacturing space once dedicated to making electric vehicles, the company announced Wednesday. “The…

Recursive launches Flint, a laptop coding model it says was largely built by AI | TechCrunch

Recursive, an AI startup founded last year, is starting to live up to its name. The company, which is trying to build AI that can improve itself, released its first…

Flying Roadsters can’t lift Tesla’s flat Q3 revenues

As the smoke clears from its outrageous Roadster demo, Tesla reported Q3 earnings on Wednesday — and the cold reality is that revenue has flatlined. Tesla said it earned $1.7…