Startups Weekly: Founders may be raising less, but deals haven’t been lacking

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week showed more optimism among startups than in other corners of the world, with entrepreneurs feeling confident enough to acquire other companies, raise fresh funding, and […]

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

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week showed more optimism among startups than in other corners of the world, with entrepreneurs feeling confident enough to acquire other companies, raise fresh funding, and
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

OpenAI and Microsoft’s ‘frenemies relationship,’ and what you missed at SXSW

This week, OpenAI inked a five-year, $11.9 billion deal with CoreWeave, the GPU-heavy cloud provider, securing its own AI computing pipeline—and a $350 million equity stake in the company. With CoreWeave’s pending IPO and deep ties to Microsoft, OpenAI’s deal marks a significant shift in the AI cloud wars. Today, on TechCrunch’s Equity podcast, hosts […]

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

This week, OpenAI inked a five-year, $11.9 billion deal with CoreWeave, the GPU-heavy cloud provider, securing its own AI computing pipeline—and a $350 million equity stake in the company. With CoreWeave’s pending IPO and deep ties to Microsoft, OpenAI’s deal marks a significant shift in the AI cloud wars. Today, on TechCrunch’s Equity podcast, hosts
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Kerry Washington invests in wedding marketplace Cheersy

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy.  Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Elizabeth Cutler, co-founder of Soul Cycle […]

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

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy.  Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Elizabeth Cutler, co-founder of Soul Cycle
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Sesame, the startup behind the viral virtual assistant Maya, releases its base AI model

AI company Sesame has released the base model that powers Maya, the impressively realistic voice assistant. The model, which is 1 billion parameters in size (“parameters” referring to individual components of the model), is under an Apache 2.0 license, meaning it can be used commercially with few restrictions. Called CSM-1B, the model generates “RVQ audio codes” from text […]

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

AI company Sesame has released the base model that powers Maya, the impressively realistic voice assistant. The model, which is 1 billion parameters in size (“parameters” referring to individual components of the model), is under an Apache 2.0 license, meaning it can be used commercially with few restrictions. Called CSM-1B, the model generates “RVQ audio codes” from text
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Many companies invest heavily in hiring talent to create the high-performance library code that underpins modern artificial intelligence systems. NVIDIA, for instance, developed some of the most advanced high-performance computing (HPC) libraries, creating a competitive moat that has proven difficult for others to breach.Many companies invest heavily in hiring talent to create the high-performance library code that underpins modern artificial intelligence systems. NVIDIA, for instance, developed some of the most advanced high-performance computing (HPC) libraries, creating a competitive moat that has proven difficult for others to breach.[#item_full_content]

Y Combinator’s police surveillance darling Flock Safety raises $275M at $7.5B valuation

Flock Safety and one of its long-time VCs, Bedrock Capital, announced Thursday that the startup raised a fresh $275 million at a $7.5 billion valuation. Flock makes computer vision-enabled video surveillance technology used by law enforcement as well as businesses, property management companies, and so on. It’s best known for its automatic license plate recognition […]

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

Flock Safety and one of its long-time VCs, Bedrock Capital, announced Thursday that the startup raised a fresh $275 million at a $7.5 billion valuation. Flock makes computer vision-enabled video surveillance technology used by law enforcement as well as businesses, property management companies, and so on. It’s best known for its automatic license plate recognition
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Minimalist Light Phone III launches March 27

Light, the maker of a minimalist phone designed to help consumers disconnect from smartphone distractions and social media, will launch its newest model, the Light Phone III, on March 27. This version of the device, like its older counterpart, offers a simple black-and-white display and necessary features like support for calls, texts, navigation, alarms, hotspots, […]

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

Light, the maker of a minimalist phone designed to help consumers disconnect from smartphone distractions and social media, will launch its newest model, the Light Phone III, on March 27. This version of the device, like its older counterpart, offers a simple black-and-white display and necessary features like support for calls, texts, navigation, alarms, hotspots,
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

10 startups to watch from Y Combinator’s W25 Demo Day

One of Silicon Valley’s most storied startup accelerators, Y Combinator, held its Winter 2025 Demo Day on Wednesday, showcasing what its latest batch of 160 startups are cooking up. Some of Silicon Valley’s most successful startups – including Stripe, AirBnB, and Reddit – started out in a YC batch. Today, YC’s newer startups are focused […]

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

One of Silicon Valley’s most storied startup accelerators, Y Combinator, held its Winter 2025 Demo Day on Wednesday, showcasing what its latest batch of 160 startups are cooking up. Some of Silicon Valley’s most successful startups – including Stripe, AirBnB, and Reddit – started out in a YC batch. Today, YC’s newer startups are focused
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

A hospital that wants to use a cloud computing service to perform artificial intelligence data analysis on sensitive patient records needs a guarantee those data will remain private during computation. Homomorphic encryption is a special type of security scheme that can provide this assurance.A hospital that wants to use a cloud computing service to perform artificial intelligence data analysis on sensitive patient records needs a guarantee those data will remain private during computation. Homomorphic encryption is a special type of security scheme that can provide this assurance.[#item_full_content]

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