OpenAI is reportedly in talks to buy Codeium for $3B, with news expected later this week
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OpenAI is reportedly in talks to buy Codeium for $3B, with news expected later this week

Codeium, the maker of a popular AI coding assistant tool Windsurf, is in talks to be acquired by OpenAI for about $3 billion, Bloomberg reported. If the deal happens, it would put OpenAI in direct competition with a number of other AI coding assistant providers, including Anysphere, the maker of Cursor, which OpenAI backed from […]Codeium, the maker of a popular AI coding assistant tool Windsurf, is in talks to be acquired by OpenAI for about $3 billion, Bloomberg reported. If the deal happens, it would put OpenAI in direct competition with a number of other AI coding assistant providers, including Anysphere, the maker of Cursor, which OpenAI backed from[#item_full_content]

Digital frame maker Aura introduces the Aspen, a $299 frame with more intelligent features
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Digital frame maker Aura introduces the Aspen, a $299 frame with more intelligent features

Aura, a digital photo frames company founded by early Twitter employees, is introducing its latest model, Aspen, which adds new technology to the device and its accompanying mobile app. In addition to hosting your digital photos in its 12-inch HD display, the device now also allows you to add captions to your photos when they […]Aura, a digital photo frames company founded by early Twitter employees, is introducing its latest model, Aspen, which adds new technology to the device and its accompanying mobile app. In addition to hosting your digital photos in its 12-inch HD display, the device now also allows you to add captions to your photos when they[#item_full_content]

We’ve entered an era of Fintech Maximalism according to Mark Goldberg
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We’ve entered an era of Fintech Maximalism according to Mark Goldberg

“We are in a period of what I’ll call fintech maximalism,” says Chemistry founder and GP Mark Goldberg. “By that, I mean the companies that grew up in the last five to ten years in fintech, those that quietly executed through the winter of the 2021 to 2024 period, have emerged as compounders in a […]“We are in a period of what I’ll call fintech maximalism,” says Chemistry founder and GP Mark Goldberg. “By that, I mean the companies that grew up in the last five to ten years in fintech, those that quietly executed through the winter of the 2021 to 2024 period, have emerged as compounders in a[#item_full_content]

Startup funding hit records in Q1. But the outlook for 2025 is still awful.
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Startup funding hit records in Q1. But the outlook for 2025 is still awful.

Startups attracted $91.5 billion in venture capital funding in Q1, according to the latest report from data provider PitchBook. This figure not only exceeds the previous quarter’s allocation by 18.5% but also represents the second-highest quarterly investment in the last decade. Despite this seemingly positive news, Kyle Stanford, lead U.S. venture capital analyst at PitchBook, […]Startups attracted $91.5 billion in venture capital funding in Q1, according to the latest report from data provider PitchBook. This figure not only exceeds the previous quarter’s allocation by 18.5% but also represents the second-highest quarterly investment in the last decade. Despite this seemingly positive news, Kyle Stanford, lead U.S. venture capital analyst at PitchBook,[#item_full_content]

Bolt’s Ryan Breslow pins his hopes on a new app that takes on Coinbase, Zelle, and PayPal
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Bolt’s Ryan Breslow pins his hopes on a new app that takes on Coinbase, Zelle, and PayPal

Ryan Breslow is officially back. While the founder of one-click checkout company Bolt re-assumed its helm as CEO in March, Breslow is unveiling Wednesday a new “superapp” that he hopes will formally mark his return as the fintech’s leader. He describes the new product as “one-click crypto and everyday payments” in a single platform, in […]Ryan Breslow is officially back. While the founder of one-click checkout company Bolt re-assumed its helm as CEO in March, Breslow is unveiling Wednesday a new “superapp” that he hopes will formally mark his return as the fintech’s leader. He describes the new product as “one-click crypto and everyday payments” in a single platform, in[#item_full_content]

TS Anil, CEO of Monzo, is joining our StrictlyVC London lineup
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TS Anil, CEO of Monzo, is joining our StrictlyVC London lineup

StrictlyVC, the boutique brand powered by TechCrunch and known for evening events that invite headliners into smaller rooms to connect with live audiences, is headed back to London on May 13 — and its latest speaker lineup is one of its strongest yet. Joining the stage is TS Anil, CEO of Monzo Bank, the digital […]StrictlyVC, the boutique brand powered by TechCrunch and known for evening events that invite headliners into smaller rooms to connect with live audiences, is headed back to London on May 13 — and its latest speaker lineup is one of its strongest yet. Joining the stage is TS Anil, CEO of Monzo Bank, the digital[#item_full_content]

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]

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