EV startup Ather seeks to raise $370 million in India IPO

Indian electric scooter manufacturer Ather Energy plans to raise about $370 million by issuing fresh shares in an initial public offering, according to its draft prospectus filed on Monday (PDF), as the startup seeks to capitalize on growing demand for electric vehicles in the world’s third-largest auto market. The Bengaluru-based lossmaking startup, which competes with […]

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Indian electric scooter manufacturer Ather Energy plans to raise about $370 million by issuing fresh shares in an initial public offering, according to its draft prospectus filed on Monday (PDF), as the startup seeks to capitalize on growing demand for electric vehicles in the world’s third-largest auto market. The Bengaluru-based lossmaking startup, which competes with
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Elon Musk says Tesla has ‘no need’ to license xAI models

Elon Musk has denied a report that one of his companies, Tesla, has discussed sharing revenue with another of his companies, xAI, so that it can use the startup’s AI models. The Wall Street Journal wrote yesterday that under a proposed agreement described to investors, Tesla would use xAI models in its driver-assistance software (known […]

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Elon Musk has denied a report that one of his companies, Tesla, has discussed sharing revenue with another of his companies, xAI, so that it can use the startup’s AI models. The Wall Street Journal wrote yesterday that under a proposed agreement described to investors, Tesla would use xAI models in its driver-assistance software (known
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

La French Tech gears up to go in a new direction

After weeks in political limbo, France now has a new prime minister, former EU’s Brexit negotiator Michel Barnier. But parliament remains bitterly divided, generating uncertainty for many economic sectors — including the country’s dynamic startup ecosystem, which had so far benefited from public support. La French Tech isn’t just a term referring to France’s 25,000 […]

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After weeks in political limbo, France now has a new prime minister, former EU’s Brexit negotiator Michel Barnier. But parliament remains bitterly divided, generating uncertainty for many economic sectors — including the country’s dynamic startup ecosystem, which had so far benefited from public support. La French Tech isn’t just a term referring to France’s 25,000
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Sunamp’s thermal battery uses a chemical found in salt-and-vinegar potato chips

The startup has devised a durable way to store solar power as heat that can then be used for household heating or hot water.

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The startup has devised a durable way to store solar power as heat that can then be used for household heating or hot water.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

The coolest startup in the Bay Area is a baseball team called the Oakland Ballers

This year, the B’s made their debut in the Pioneer League, a professional baseball organization that’s partnered with the MLB, but unlike the minor leagues, it’s not tied to any existing MLB teams.

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This year, the B’s made their debut in the Pioneer League, a professional baseball organization that’s partnered with the MLB, but unlike the minor leagues, it’s not tied to any existing MLB teams.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Bluesky grows to 9M+ users

Bluesky keeps growing: The company announced that as of Friday morning, it had added 3 million new users, bringing its total user count to more than 9 million. In other words, the social platform’s user base has grown by around 50 percent in the week or so since a Brazilian court banned X (formerly Twitter). […]

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Bluesky keeps growing: The company announced that as of Friday morning, it had added 3 million new users, bringing its total user count to more than 9 million. In other words, the social platform’s user base has grown by around 50 percent in the week or so since a Brazilian court banned X (formerly Twitter).
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Payroll startup Warp disavows ‘affiliate’ who posted about white superiority

Warp is under the spotlight following controversial posts from an account tied to the company. On Thursday, an account posting under the name Vittorio wrote on X, “i like White people more, they do more, they are better for the roles i need to climb the kardashev scale i’ll let blacks run and play basketball.” […]

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

Warp is under the spotlight following controversial posts from an account tied to the company. On Thursday, an account posting under the name Vittorio wrote on X, “i like White people more, they do more, they are better for the roles i need to climb the kardashev scale i’ll let blacks run and play basketball.”
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Aptos CEO Mo Shaikh shares his journey to web3 and market opportunities in Asia and Middle East

TechCrunch sat down with Shaikh this week at the Korea Blockchain Week 2024 conference in Seoul to talk about Aptos’ expansion; its partnerships with major Asian web2 companies; and how Aptos uses blockchain to make financial transactions seamless and cost-effective.

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

TechCrunch sat down with Shaikh this week at the Korea Blockchain Week 2024 conference in Seoul to talk about Aptos’ expansion; its partnerships with major Asian web2 companies; and how Aptos uses blockchain to make financial transactions seamless and cost-effective.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Startups are getting fined, or sometimes banned, by individual states

The problem, experts say, is that each state has its own complex fees, tax, and business registration requirements.

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The problem, experts say, is that each state has its own complex fees, tax, and business registration requirements.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

How a viral AI image catapulted a Mexican startup to a major adidas contract

Antonio Nuño, Fatima Alvarez, and Enrique Rodriguez have been friends since they were five years old. As teenagers, they became volunteers helping indigenous communities — first in Mexico, then in other countries — and saw that many of the women were artisans.  The trio came to realize that these artists “made very beautiful things in […]

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

Antonio Nuño, Fatima Alvarez, and Enrique Rodriguez have been friends since they were five years old. As teenagers, they became volunteers helping indigenous communities — first in Mexico, then in other countries — and saw that many of the women were artisans.  The trio came to realize that these artists “made very beautiful things in
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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