Temporal lands $146 million at a flat valuation, eyes agentic AI expansion

Seattle-based Temporal has made its name over the last several years in the world of microservices — specifically providing a platform to orchestrate the messy business of building and operating integrations and updates across disparate services and apps in the cloud. But the AI boom has come at the company fast. Now, Temporal has raised […]Seattle-based Temporal has made its name over the last several years in the world of microservices — specifically providing a platform to orchestrate the messy business of building and operating integrations and updates across disparate services and apps in the cloud. But the AI boom has come at the company fast. Now, Temporal has raised[#item_full_content]

Perplexity CEO denies having financial issues, says no IPO before 2028

Perplexity CEO Aravind Srinivas recently took to Reddit to address users’ product complaints and reassure them that the company is not under serious financial pressure. Srinivas seemed to be responding, in part, to a user theory that the company is “doing horribly financially” and “making lots of changes to cut costs.” As an example, the […]Perplexity CEO Aravind Srinivas recently took to Reddit to address users’ product complaints and reassure them that the company is not under serious financial pressure. Srinivas seemed to be responding, in part, to a user theory that the company is “doing horribly financially” and “making lots of changes to cut costs.” As an example, the[#item_full_content]

Just 2 days to secure your founder or investor pass with $300+ off for TechCrunch All Stage

Time is running out! Less than 48 hours left to lock in your $300+ discount for TechCrunch All Stage founder and investor passes. More than just you? Save even more with bundle tickets. Rates increase on March 31 at 11:59 p.m. PT. TC All Stage is where founders accelerate their growth and investors discover their […]Time is running out! Less than 48 hours left to lock in your $300+ discount for TechCrunch All Stage founder and investor passes. More than just you? Save even more with bundle tickets. Rates increase on March 31 at 11:59 p.m. PT. TC All Stage is where founders accelerate their growth and investors discover their[#item_full_content]

Sam Altman firing drama detailed in new book excerpt

An excerpt from the upcoming book “The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future” offers new details about why OpenAI’s board briefly fired CEO Sam Altman back in 2023. Written by Wall Street Journal reporter Keach Hagey, the book claims the nonprofit’s board members became increasingly concerned after learning about issues […]An excerpt from the upcoming book “The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future” offers new details about why OpenAI’s board briefly fired CEO Sam Altman back in 2023. Written by Wall Street Journal reporter Keach Hagey, the book claims the nonprofit’s board members became increasingly concerned after learning about issues[#item_full_content]

Only 3 days left to save $300+ on investor and founder tickets for TechCrunch All Stage

The final countdown is here! This is your last weekend to lock in Early Bird pricing for TechCrunch All Stage founder and investor tickets. Save up to $320 before the clock strikes 11:59 p.m. PT on March 31. Founders, charge ahead. Investors, power the mission! On July 15 at SoWa Power Station in Boston, 1,200 […]The final countdown is here! This is your last weekend to lock in Early Bird pricing for TechCrunch All Stage founder and investor tickets. Save up to $320 before the clock strikes 11:59 p.m. PT on March 31. Founders, charge ahead. Investors, power the mission! On July 15 at SoWa Power Station in Boston, 1,200[#item_full_content]

Here are Africa’s biggest startups based on valuation

Last year, funding into African startups edged past $2 billion, returning to pre-pandemic levels and presenting a mixed bag as expected. Signs suggest 2025 will follow the cautious trends of the past two years. A sharp decline in mega-deals, mirroring global venture capital tightening since the boom of 2020-2021, pushed local and international investors to […]Last year, funding into African startups edged past $2 billion, returning to pre-pandemic levels and presenting a mixed bag as expected. Signs suggest 2025 will follow the cautious trends of the past two years. A sharp decline in mega-deals, mirroring global venture capital tightening since the boom of 2020-2021, pushed local and international investors to[#item_full_content]

Javice found guilty of defrauding JPMorgan in $175M startup purchase

Charlie Javice, the founder of student loan application startup Frank that was purchased by JP Morgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s […]Charlie Javice, the founder of student loan application startup Frank that was purchased by JP Morgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s[#item_full_content]

Startups Weekly: Mercury more than doubled its valuation, and other news

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 reminded us that creative accounting doesn’t only happen in Hollywood. Some hopes were dashed, but startups are delivering on all sorts of promises, from nuclear […]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 reminded us that creative accounting doesn’t only happen in Hollywood. Some hopes were dashed, but startups are delivering on all sorts of promises, from nuclear[#item_full_content]

Lucid to ramp customer deliveries for Gravity SUV by end of April

Lucid Motors plans to resume customer deliveries for its new all-electric Gravity SUV at the end of April. Getting the Gravity into customer hands is a big milestone for Lucid, whose success will hinge on being able to offer vehicle types popular with American drivers. The Gravity is Lucid’s second vehicle and its first SUV […]Lucid Motors plans to resume customer deliveries for its new all-electric Gravity SUV at the end of April. Getting the Gravity into customer hands is a big milestone for Lucid, whose success will hinge on being able to offer vehicle types popular with American drivers. The Gravity is Lucid’s second vehicle and its first SUV[#item_full_content]

OpenAI is aiming for AGI but landing on Studio Ghibli

OpenAI is reportedly nearing completion of a massive $40 billion funding round, with SoftBank leading the way. But this week, it wasn’t just the company funding news making headlines — its new image generator went live in ChatGPT, with capabilities including the ability to turn ordinary images into Studio Ghibli-style animation stills. While AI-generated art […]OpenAI is reportedly nearing completion of a massive $40 billion funding round, with SoftBank leading the way. But this week, it wasn’t just the company funding news making headlines — its new image generator went live in ChatGPT, with capabilities including the ability to turn ordinary images into Studio Ghibli-style animation stills. While AI-generated art[#item_full_content]

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