In a grandmaster-level chess move, OpenAI has signed a five-year, $11.9 billion agreement with the GPU-heavy cloud service provider CoreWeave, according to Reuters, which cites people close to the deal. The deal involves OpenAI receiving $350 million worth of equity in CoreWeave, the sources told Reuters. The private placement is said to be separate from […]
Infinite Uptime, an Indian startup that offers predictive maintenance solutions for factories, has raised $35 million in a Series C funding round to expand its footprint in the U.S. and other markets. The manufacturing industry has lagged many industries in its adoption of tech, and much of the world’s heavy industry still depends on machines, […]
Speaking at the SXSW conference in Austin on Monday, Bluesky CEO Jay Graber said the social network has been working on a framework for user consent over how they want their data to be used for generative AI. The public nature of Bluesky’s social network has already allowed others to train their AI systems on […]
Former Google CEO Eric Schmidt is taking over as the CEO of Relativity Space, a 9-year-old rocket startup, a company spokesperson confirmed in a statement to TechCrunch. This is Schmidt’s first CEO job since he left Google nearly 15 years ago. On Monday, Schmidt told employees of Relativity Space that he made a significant investment […]
In an interview with Fox’s Larry Kudlow on Monday, billionaire Elon Musk admitted that his involvement with the Department of Government Efficiency (DOGE), Donald Trump’s initiative to reduce federal spending, is making it tougher to run his many businesses: X, Tesla, xAI, SpaceX, The Boring Company, and Starlink. “How are you running your other businesses?” […]
Dustin Moskovitz is retiring from Asana, the software company he founded in 2008. Asana, a task management platform, announced his retirement as part of the company’s fiscal fourth-quarter earnings report, CNBC reported. Moskovitz informed the board he intends to move into a chair role when a new CEO starts. The company has raised more than […]
Something special went down in the desert outside of Las Vegas this weekend: two EVs took on the Mint 400 for the first time. Since the Mint 400 launched back in 1969, vehicles in this iconic desert endurance race have been powered by dead dinosaurs. Spectators and race participants alike are used to the smell […]
NicoElNino / Shutterstock.com Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. A recent World Economic Forum (WEF) report indicates that artificial intelligence is reshaping industries and could eliminate some jobs faster than many workers can […]
Last year was a monumental year for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch. Three companies raised more than one “mega-round” last year, and seven companies raised rounds at $1 billion or larger. How […]
Welcome back to Week in Review. This week we’re looking at OpenAI potentially charging $20,000 a month for a specialized AI agent, the unexpected return of early-internet darling Digg, a company genetically engineering mice to have mammoth-like fur, and more! Let’s do this. OpenAI could charge up to $20,000 per month for specialized AI “agents.” […]