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Nov 16, 2024 · TechCrunch | Reporting on the business of technology, startups, venture capital funding, and Silicon Valley
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Clop ransomware gang takes credit for latest mass hack that …
15 hours ago · Clop, a prolific ransomware gang, has taken credit for stealing data from at least 66 companies by exploiting a bug in widely used corporate file transfer tools made by Cleo Software.. The ...
Pavel Durov says Telegram is now profitable | TechCrunch
1 day ago · Telegram founder Pavel Durov said Monday that the company is now profitable. Durov said the chat app's total revenue surpassed $1 billion in 2024. The
The 51 most disruptive startups of 2024 | TechCrunch
Dec 13, 2024 · A-B. Abridge. HQ location: Pittsburgh Funding raised to date (per PitchBook): $464 million Examples of VC backers: Union Square Ventures, Redpoint Ventures, IVP What the startup does: Uses AI to ...
Microsoft could end up with substantial equity in the restructured, …
Oct 18, 2024 · How much equity in OpenAI will Microsoft get once the former becomes a for-profit company?That’s the multibillion-dollar question — one the two parties are racing to answer ahead of a two-year ...
VCs on how to ‘survive and thrive’ after a down round
Nov 9, 2024 · Down rounds weren’t very common during the pandemic-era boom, but their prevalence as a percentage of all deals has more than doubled from 7.6% in 2021 to 15.7% in the first half of 2024 ...
VCs pledge not to take money from Russia or China, and …
4 days ago · Ring maker: Finnish wearable startup Oura raised a $200 million Series D funding round at a $5.2 billion valuation. It included participation from Fidelity Management and glucose device maker ...
Data center tech is exploding but adoption won’t be easy for …
Oct 13, 2024 · Data centers, and the big companies that rely on them, are scrambling for power. Last month Microsoft inked a deal with Constellation Energy to restart its nuclear reactor on Three Mile Island to ...
This Week in AI: AI is rapidly being commoditized | TechCrunch
Aug 28, 2024 · Generative AI vendors are burning through cash — fast. OpenAI is said to be on track to lose $5 billion this year, while rival Anthropic projects that it will be over $2.7 billion in the hole by ...