In a sign that crypto and blockchain-focused investing has receded in importance, Andreessen Horowitz announced Thursday that it is renaming its digital asset unit from a16z Crypto to a16z Frontier.…
Tag: In Brief
OpenAI working on new $30B raise at $1.25T valuation ahead of IPO | TechCrunch
OpenAI is reportedly close to securing another mega round of private funding, rather than plowing ahead with an IPO. The AI lab is working on raising up to $30 billion…
Chinese hackers spied on thousands of companies after breaching IT giant ConnectWise | TechCrunch
The bad week for cybersecurity just got worse for thousands more companies, who were spied on by Chinese hackers following the breach of IT management and remote access giant ConnectWise.…
Legal AI startup Legora raises $550M Series E at $8.8B valuation | TechCrunch
Legal AI startup Legora announced Wednesday that it raised a $550 million Series E round, valuing it at $8.8 billion. The company helps automate and assist with workflow tasks for…
Waymo starts offering rides at the Las Vegas airport | TechCrunch
Waymo is now shuttling customers to and from the Harry Reid International Airport in Las Vegas, with pickups and drop-offs happening at dedicated “autonomous vehicle zones” at Terminal 1 and…
Tenstorrent hits $6.2B valuation to scale open-weight AI chips | TechCrunch
Tenstorrent, a chip startup focused on inference, has raised $1.5 billion at a $6.2 billion valuation. The round comes five months after the 10-year-old Nvidia challenger reportedly received acquisition interest…
AI assistant startup Town nabs unicorn valuation 4 months after launch | TechCrunch
Town, a two-year-old, San Francisco-based startup developing AI assistants, nabbed a unicorn valuation on Monday, announcing a $108 million Series B funding round co-led by Forerunner Ventures and Menlo Ventures.…
Electric vehicle sales in the US are showing signs of life | TechCrunch
Don’t go writing the obituary for the U.S. electric vehicle just yet. After sales tanked following the cancellation of tax credits last year, they’ve been growing for the last three consecutive…