General Catalyst, one of the largest U.S. venture capital firms, is in talks to acquire an India-focused VC as part of efforts to expand its presence in the […]
Fancy founder returns with $1000-per-month luxury shopping startup, Long Story Short
A new luxury goods e-commerce startup dubbed Long Story Short has a provocative concept: it’s $1,000 per month to join for the privilege of shopping its curated collection. […]
Crypto valuations ‘came back to earth’ in 2023, but VCs expect them to rise again in 2024
The past couple of years have proved to be a turbulent time for the crypto industry. As if a spate of big crypto institutions failing or going under […]
EU to expand support for AI startups to tap its supercomputers for model training
A European Union plan to support homegrown AI startups by providing them with access to processing power for model training on the bloc’s supercomputers, which was announced back […]
Scooter startup Superpedestrian shutting down US operations, exploring sale of Europe business
Superpedestrian, the e-scooter startup known for its self-diagnostic software, is shutting down its U.S.-based shared scooter operation and exploring a sale of its European business, TechCrunch has exclusively […]
Mistral AI, a Paris-based OpenAI rival, closed its $415 million funding round
French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $415 million at today’s exchange rate — […]
Yieldstreet to acquire real estate investment platform Cadre
Alternative investment platform Yieldstreet announced today that it has agreed to acquire Cadre, an online real-estate-focused investment platform aimed at institutional and high net worth investors. Financial terms […]
PhysicsX emerges from stealth with $32M for AI to power engineering simulations
A lot of the buzz these days in artificial intelligence is around generative AI and how AI is being used to accelerate software and products for consumers. Today, […]
InDrive launches ventures and M&A arm to invest $100M in startups across emerging markets
InDrive, a global mobility and urban services platform, has launched a new venture and merger & acquisition division named New Ventures to allocate up to $100 million in […]
Martian’s tool automatically switches between LLMs to reduce costs
Shriyash Upadhyay and Etan Ginsberg, AI researchers from the University of Pennsylvania, are of the opinion that many large AI companies are sacrificing basic research in pursuit of […]