You can barely go an hour these days without reading about generative AI. While we are still in the embryonic phase of what some have dubbed the “steam […]
From Brex exec to venture capitalist
Welcome to TechCrunch Fintech! This week, we’re looking at a Brex exec’s jump to join venture firm a16z, Klarna selling off its payments unit and some mega-raises. To get […]
Stability AI lands a lifeline from Sean Parker, Greycroft
Stability AI, the beleaguered generative AI startup behind Stable Diffusion, has raised new cash. But it won’t reveal how much. Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture Partners, […]
EvolutionaryScale, backed by Amazon and Nvidia, raises $142M for protein-generating AI
A relatively new startup called EvolutionaryScale has secured a massive tranche of cash to build AI models to generate novel proteins for scientific research. EvolutionaryScale today announced that […]
PayPal Ventures leads $20M round into Gynger, which offers companies ‘buy now, pay later’ for technology purchases
Gynger, a platform that lends capital to companies for technology purchases, has raised $20 million in a Series A round led by PayPal Ventures, it told TechCrunch exclusively. […]
Finbourne taps $70M for tech that turns financial data dust into AI gold
Companies in fields like financial services and insurance live and die by their data — specifically, how well they can use it to understand what people and businesses […]
Amazon says it’ll spend $230 million on generative AI startups
Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second AWS […]
Restate raises $7M for its lightweight workflows-as-code platform
When one of the co-creators of the popular open-source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team […]
Cognigy lands cash to grow its contact center automation business
Philipp Heltewig, who was CIO at marketing firm Sitecore before it was sold to private equity group EQT in 2016, joined forces with Sascha Poggemann and Benjamin Mayr […]