How a hydrogen explosion led a teenage founder to become Sequoia’s first defense tech investment

As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus full-time on his startup. But a few months before landing a seed investment from Sequoia […]As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus full-time on his startup. But a few months before landing a seed investment from Sequoia[#item_full_content]

Anthropic rolls out a $200-per-month Claude subscription

Anthropic announced on Wednesday that it’s launching a new, very expensive subscription plan for its AI chatbot Claude: Max. An answer to OpenAI’s $200-a-month ChatGPT Pro tier, Max comes with higher usage limits than Anthropic’s $20-per-month Claude Pro subscription, as well as priority access to the company’s newest AI models and features. A bit confusingly, […]Anthropic announced on Wednesday that it’s launching a new, very expensive subscription plan for its AI chatbot Claude: Max. An answer to OpenAI’s $200-a-month ChatGPT Pro tier, Max comes with higher usage limits than Anthropic’s $20-per-month Claude Pro subscription, as well as priority access to the company’s newest AI models and features. A bit confusingly,[#item_full_content]

Kalshi CEO: ‘State law doesn’t really apply’ to us

Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the lawsuit, Kalshi claimed that, since they’re a federally regulated platform, state gaming commissions don’t have the authority to set rules for them. “We’re not necessarily very concerned [because] we are […]Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the lawsuit, Kalshi claimed that, since they’re a federally regulated platform, state gaming commissions don’t have the authority to set rules for them. “We’re not necessarily very concerned [because] we are[#item_full_content]

Tired of doing laundry? These startups want to help.

Doing laundry can be a chore. It takes time and is tedious. Few of us like to do it. So it’s no surprise that startups have emerged to take that load off your back — literally. And investors are lining up to fund new and older players alike.  Eleven-month-old NoScrubs has just raised $2 million […]Doing laundry can be a chore. It takes time and is tedious. Few of us like to do it. So it’s no surprise that startups have emerged to take that load off your back — literally. And investors are lining up to fund new and older players alike.  Eleven-month-old NoScrubs has just raised $2 million[#item_full_content]

Artisan, the ‘stop hiring humans’ AI agent startup, raises $25M — and is still hiring humans 

It’s been a tough but exciting year for 23-year-old Jaspar Carmichael-Jack, founder and CEO of AI sales agent startup Artisan. Artisan just raised a $25 million Series A led by Glade Brook Capital, Carmichael-Jack exclusively tells TechCrunch. Y Combinator, Day One Ventures, HubSpot Ventures, Oliver Jung, Fellows Fund, and others participated as well. A year […]It’s been a tough but exciting year for 23-year-old Jaspar Carmichael-Jack, founder and CEO of AI sales agent startup Artisan. Artisan just raised a $25 million Series A led by Glade Brook Capital, Carmichael-Jack exclusively tells TechCrunch. Y Combinator, Day One Ventures, HubSpot Ventures, Oliver Jung, Fellows Fund, and others participated as well. A year[#item_full_content]

Nuro’s $106M raise backs its shift from delivery robots to licensing autonomy tech

After months of hearty marketing efforts and large-scale technology demos across the U.S., Nuro has secured $106 million in fresh funding to help scale its autonomous driving technology and advance commercial partnerships.  The Series E round brings Nuro’s total funding raised to $2.2 billion and its valuation to $6 billion. That’s a drop from the […]After months of hearty marketing efforts and large-scale technology demos across the U.S., Nuro has secured $106 million in fresh funding to help scale its autonomous driving technology and advance commercial partnerships.  The Series E round brings Nuro’s total funding raised to $2.2 billion and its valuation to $6 billion. That’s a drop from the[#item_full_content]

The complete agenda for TechCrunch Sessions: AI unveiled

It’s been a couple of years since our last topic-focused, one-day event — but with AI transforming the tech landscape, we couldn’t miss the chance to gather 1,200 founders, CEOs, entrepreneurs, investors, and anyone shaping the future of AI for a deep dive into what’s next. On June 5 in Zellerbach Hall at UC Berkeley, […]It’s been a couple of years since our last topic-focused, one-day event — but with AI transforming the tech landscape, we couldn’t miss the chance to gather 1,200 founders, CEOs, entrepreneurs, investors, and anyone shaping the future of AI for a deep dive into what’s next. On June 5 in Zellerbach Hall at UC Berkeley,[#item_full_content]

A 25-year-old police drone founder just raised $75M led by Index

If you ever call 911 from an area that’s hard to get to, you might hear the buzz of a drone well before a police cruiser pulls up. And there’s a good chance that it will be one made by Brinc Drones, a Seattle-based startup founded by 25-year-old Blake Resnick who dropped out of college […]If you ever call 911 from an area that’s hard to get to, you might hear the buzz of a drone well before a police cruiser pulls up. And there’s a good chance that it will be one made by Brinc Drones, a Seattle-based startup founded by 25-year-old Blake Resnick who dropped out of college[#item_full_content]

Deep Cogito emerges from stealth with hybrid AI ‘reasoning’ models

A new company, Deep Cogito, has emerged from stealth with a family of openly available AI models that can be switched between “reasoning” and non-reasoning modes. Reasoning models like OpenAI’s o1 have shown great promise in domains like math and physics, thanks to their ability to effectively fact-check themselves by working through complex problems step […]A new company, Deep Cogito, has emerged from stealth with a family of openly available AI models that can be switched between “reasoning” and non-reasoning modes. Reasoning models like OpenAI’s o1 have shown great promise in domains like math and physics, thanks to their ability to effectively fact-check themselves by working through complex problems step[#item_full_content]

Does Colossal Biosciences’ dire wolf creation justify its $10B+ valuation?

On Monday, the “de-extinction” startup Colossal Biosciences announced its most ambitious results to date: the dire wolf. These are creatures that have been extinct for more than 12,000 years made famous by the HBO show Game of Thrones. These white, fluffy animals live on a 2,000-acre preserve in a location so secretive that journalists, including […]On Monday, the “de-extinction” startup Colossal Biosciences announced its most ambitious results to date: the dire wolf. These are creatures that have been extinct for more than 12,000 years made famous by the HBO show Game of Thrones. These white, fluffy animals live on a 2,000-acre preserve in a location so secretive that journalists, including[#item_full_content]

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