The Latest
Transportation
Motional cut about 550 employees, around 40%, in recent restructuring, sources say
11 mins ago
Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company. Earlier this week, TechCrunch reported…
The deck included some redacted numbers, but there was still enough data to get a good picture.
The company is describing the event as “a chance to demo some ChatGPT and GPT-4 updates.”
Unlike ChatGPT, Claude did not become a new App Store hit.
Scarcely five months after its founding, hard tech startup Layup Parts has landed a $9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital and Haystack…
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Look,…
AI startup Anthropic is changing its policies to allow minors to use its generative AI systems — in certain circumstances, at least. Announced in a post on the company’s official…
Zeekr’s market hype is noteworthy and may indicate that investors see value in the high-quality, low-price offerings of Chinese automakers.
Market Analysis
VC fund performance is down sharply — but it may have already hit its lowest point
5 hours ago
Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent…
Security
Threat actor says he scraped 49M Dell customer addresses before the company found out
8 hours ago
The person who claims to have 49 million Dell customer records told TechCrunch that he brute-forced an online company portal and scraped customer data, including physical addresses, directly from Dell’s…
Where we’ll be next
Oct 28th
TechCrunch Disrupt 2024
San Francisco, CA
Jun 11th
StrictlyVC – Washington, D.C.
Washington, D.C.
May 21st
StrictlyVC – London
London
Social
TechCrunch Minute: Hinge is taking Tinder’s place as Gen Z’s favorite dating app
9:00 AM PDT • May 10, 2024
In its latest earnings report, Match Group acknowledged growing pains for its dating app Tinder, where the paid user base shrank for the sixth quarter…
The social network has announced an updated version of its app that lets you offer feedback about its algorithmic feed so you can better customize it.
Finally, some good news! This week, we were pleasantly surprised to see that FTX’s fraud victims would be getting some money back — even if…
Microsoft will launch its own mobile game store in July, the company announced at the Bloomberg Technology Summit on Thursday. Xbox president Sarah Bond shared that the company plans to…
Smart ring maker Oura is launching two new features focused on heart health, the company announced on Friday. The first claims to help users get an idea of their cardiovascular…
Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…
Gaming
Garena is quietly making India-themed games even as Free Fire’s relaunch remains doubtful
10 hours ago
Garena is quietly developing new India-themed games even though Free Fire, its biggest title, has still not made a comeback to the country.
The U.S.’ NHTSA has opened a fourth investigation into the Fisker Ocean SUV, spurred by multiple claims of “inadvertent Automatic Emergency Braking.”
AI
CoreWeave, a $19B AI compute provider, opens European HQ in London with plans for 2 UK data centers
12 hours ago
CoreWeave has formally opened an office in London that will serve as its European headquarters and home to two new data centers.
The Series C funding, which brings its total raise to around $95 million, will go toward mass production of the startup’s inaugural products
