Figma, ignores the fear, files paperwork for an IPO
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Figma, ignores the fear, files paperwork for an IPO

Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump Administration’s trade policies […]Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump Administration’s trade policies[#item_full_content]

India’s BluSmart swept up in Gensol investigation alleging misuse of EV loans
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India’s BluSmart swept up in Gensol investigation alleging misuse of EV loans

India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol that was once seen as an emerging Uber rival in the South Asian market, has also been swept up into the investigation. The Securities and Exchange Board of India (SEBI) […]India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol that was once seen as an emerging Uber rival in the South Asian market, has also been swept up into the investigation. The Securities and Exchange Board of India (SEBI)[#item_full_content]

Figma sent a cease-and-desist letter to Lovable over the term ‘Dev Mode’
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Figma sent a cease-and-desist letter to Lovable over the term ‘Dev Mode’

We may be witnessing the makings of a new tech industry feud between competitors. Figma has sent a cease-and-desist letter to popular no-code AI startup Lovable, Figma confirmed to TechCrunch.  The letter tells Lovable to stop using the term “Dev Mode” for a new product feature. Figma, which also has a feature called Dev Mode, […]We may be witnessing the makings of a new tech industry feud between competitors. Figma has sent a cease-and-desist letter to popular no-code AI startup Lovable, Figma confirmed to TechCrunch.  The letter tells Lovable to stop using the term “Dev Mode” for a new product feature. Figma, which also has a feature called Dev Mode,[#item_full_content]

OpenAI hires team behind GV-backed AI eval platform Context.ai
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OpenAI hires team behind GV-backed AI eval platform Context.ai

Context.ai, a startup building evaluations and analytics for AI models, announced Tuesday that its co-founders will join OpenAI.  Context.ai plans to wind down its products following the acqui-hire, per a message on the company’s website. When reached for comment, OpenAI declined to reveal the terms of the deal. “Evals are a requirement to building high-performing […]Context.ai, a startup building evaluations and analytics for AI models, announced Tuesday that its co-founders will join OpenAI.  Context.ai plans to wind down its products following the acqui-hire, per a message on the company’s website. When reached for comment, OpenAI declined to reveal the terms of the deal. “Evals are a requirement to building high-performing[#item_full_content]

Deel’s CEO is now in Dubai, complicating Rippling’s lawsuit
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Deel’s CEO is now in Dubai, complicating Rippling’s lawsuit

Rippling’s efforts to serve Deel CEO Alex Bouaziz have been significantly complicated by the fact that Bouaziz and his lawyer are now in Dubai, according to internal correspondence seen by TechCrunch. The UAE is a country with a reputation of being a safe haven for those wanting to avoid extradition. Rippling is trying to serve […]Rippling’s efforts to serve Deel CEO Alex Bouaziz have been significantly complicated by the fact that Bouaziz and his lawyer are now in Dubai, according to internal correspondence seen by TechCrunch. The UAE is a country with a reputation of being a safe haven for those wanting to avoid extradition. Rippling is trying to serve[#item_full_content]

Former Tesla supply chain leaders create Atomic, an AI inventory solution
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Former Tesla supply chain leaders create Atomic, an AI inventory solution

Tesla famously struggled to scale up production of the Model 3 sedan in 2018 — so much so that CEO Elon Musk said his company was weeks away from collapsing. That near-death experience helped spawn a whole new company called Atomic that’s built around using AI to streamline supply chains. Co-founded by former Tesla employees […]Tesla famously struggled to scale up production of the Model 3 sedan in 2018 — so much so that CEO Elon Musk said his company was weeks away from collapsing. That near-death experience helped spawn a whole new company called Atomic that’s built around using AI to streamline supply chains. Co-founded by former Tesla employees[#item_full_content]

Reach 1,000+ AI leaders: Host a Side Event during TechCrunch Sessions: AI
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Reach 1,000+ AI leaders: Host a Side Event during TechCrunch Sessions: AI

Looking to position your brand in front of the brightest minds in artificial intelligence? Hosting a Side Event during TechCrunch Sessions: AI Week is your opportunity to do just that. Reach 1,200+ attendees and the surrounding Berkeley tech scene. From June 1 to June 7, TechCrunch invites startups, investors, and builders to bring unique and […]Looking to position your brand in front of the brightest minds in artificial intelligence? Hosting a Side Event during TechCrunch Sessions: AI Week is your opportunity to do just that. Reach 1,200+ attendees and the surrounding Berkeley tech scene. From June 1 to June 7, TechCrunch invites startups, investors, and builders to bring unique and[#item_full_content]

Final days to apply to speak at TechCrunch All Stage
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Final days to apply to speak at TechCrunch All Stage

The application to speak at TechCrunch All Stage closes this Friday, April 18 — don’t miss your chance to share hard-won insights with 1,200+ startup founders and VCs. If you’ve been in the trenches and cracked tough growth problems, now’s the time to step up and share your scaling strategies onstage at TC All Stage, […]The application to speak at TechCrunch All Stage closes this Friday, April 18 — don’t miss your chance to share hard-won insights with 1,200+ startup founders and VCs. If you’ve been in the trenches and cracked tough growth problems, now’s the time to step up and share your scaling strategies onstage at TC All Stage,[#item_full_content]

Rippling is trying to serve Deel’s CEO, but bailiffs can’t find him
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Rippling is trying to serve Deel’s CEO, but bailiffs can’t find him

HR tech startup Rippling is trying to serve Deel CEO Alex Bouaziz with papers as part of a blockbuster lawsuit against its competitor. There’s just one problem: French bailiffs hired by Rippling can’t seem to find Bouaziz, Irish newspaper Business Post reports. Rippling sued Deel earlier this year in Ireland alleging the company paid one […]HR tech startup Rippling is trying to serve Deel CEO Alex Bouaziz with papers as part of a blockbuster lawsuit against its competitor. There’s just one problem: French bailiffs hired by Rippling can’t seem to find Bouaziz, Irish newspaper Business Post reports. Rippling sued Deel earlier this year in Ireland alleging the company paid one[#item_full_content]

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