Goldman Sachs’ David Solomon tells startups to reconsider going public

Goldman Sachs is one of the biggest investment banker “book runners” for IPOs – where banks are paid many millions of dollars for each listing they underwrite. Yet CEO David Solomon told attendees of the Cisco AI Summit in Palo Alto that startups should reconsider the idea of going public, reports the Financial Times.  Solomon […]

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Goldman Sachs is one of the biggest investment banker “book runners” for IPOs – where banks are paid many millions of dollars for each listing they underwrite. Yet CEO David Solomon told attendees of the Cisco AI Summit in Palo Alto that startups should reconsider the idea of going public, reports the Financial Times.  Solomon
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Anduril to build its billion-dollar weapons megafactory in Ohio

Today, Anduril announced it is building their massive weapons factory, Arsenal-1, in Columbus, Ohio, confirming TechCrunch’s earlier reporting.

© 2024 TechCrunch. All rights reserved. For personal use only.

Today, Anduril announced it is building their massive weapons factory, Arsenal-1, in Columbus, Ohio, confirming TechCrunch’s earlier reporting.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Netradyne snags $90M at $1.25B valuation to expand smart dashcams for commercial fleets

Distracted driving is a leading cause of car crashes — and rising auto insurance premiums, which are expected to increase in 2025. For commercial fleets, that’s an expensive challenge to navigate. But for California-based startup Netradyne, it’s a tailwind.  Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Distracted driving is a leading cause of car crashes — and rising auto insurance premiums, which are expected to increase in 2025. For commercial fleets, that’s an expensive challenge to navigate. But for California-based startup Netradyne, it’s a tailwind.  Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Dub.co is an open-source URL shortener and link attribution engine packed into one

In the last few weeks, PayPal-owned Honey, which claims to find you the best coupon codes for a deal, has been at the center of controversy. Allegedly, the tool sneakily earned affiliate money by changing attributes of product links creators posted on their videos. At the center of it, the problem was how affiliate links […]

© 2024 TechCrunch. All rights reserved. For personal use only.

In the last few weeks, PayPal-owned Honey, which claims to find you the best coupon codes for a deal, has been at the center of controversy. Allegedly, the tool sneakily earned affiliate money by changing attributes of product links creators posted on their videos. At the center of it, the problem was how affiliate links
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Hyperline secures $10 million for its automated billing platform

French startup Hyperline wants to build the next-generation Chargebee. Over the past two years, the startup has built a new billing platform that can be used for recurring subscriptions, one-off purchases, usage-based billing and more. Hyperline raised an initial €4 million funding round from Index Ventures back in 2023 ($4.1 million at today’s exchange rate). […]

© 2024 TechCrunch. All rights reserved. For personal use only.

French startup Hyperline wants to build the next-generation Chargebee. Over the past two years, the startup has built a new billing platform that can be used for recurring subscriptions, one-off purchases, usage-based billing and more. Hyperline raised an initial €4 million funding round from Index Ventures back in 2023 ($4.1 million at today’s exchange rate).
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best

Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. MiniMax-Text-01 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. MiniMax-Text-01
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Reusable rocket startup Stoke raised another massive round: $260M

Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide.

© 2024 TechCrunch. All rights reserved. For personal use only.

Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

AI researcher François Chollet founds a new AI lab focused on AGI

François Chollet, an influential AI researcher, is launching a new startup that aims to build frontier AI systems with novel designs. The startup, Ndea, will consist of an AI research and science lab. It’s looking to “develop and operationalize” AGI. AGI, which stands for “artificial general intelligence,” typically refers to AI that can perform any […]

© 2024 TechCrunch. All rights reserved. For personal use only.

François Chollet, an influential AI researcher, is launching a new startup that aims to build frontier AI systems with novel designs. The startup, Ndea, will consist of an AI research and science lab. It’s looking to “develop and operationalize” AGI. AGI, which stands for “artificial general intelligence,” typically refers to AI that can perform any
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

‘Social media should be built on protocols, not platforms’ says Mastodon CEO Eugen Rochko

“Social media should be built on protocols, not platforms,” Mastodon CEO Eugen Rochko said in an interview for TechCrunch’s Equity podcast. “And people should be able to choose freely between different platforms and also be able to move between them.”   Rochko is advocating here for a more decentralized approach to social media, one that allows […]

© 2024 TechCrunch. All rights reserved. For personal use only.

“Social media should be built on protocols, not platforms,” Mastodon CEO Eugen Rochko said in an interview for TechCrunch’s Equity podcast. “And people should be able to choose freely between different platforms and also be able to move between them.”   Rochko is advocating here for a more decentralized approach to social media, one that allows
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Colossal Biosciences raises $200M at $10.2B valuation to bring back woolly mammoths

Colossal Biosciences wants to bring back the woolly mammoth and has raised $200 million at a $10.2 billion valuation to do it.

© 2024 TechCrunch. All rights reserved. For personal use only.

Colossal Biosciences wants to bring back the woolly mammoth and has raised $200 million at a $10.2 billion valuation to do it.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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