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‘Mega-deals’ could be inflating overall AI funding figures

A recent report from Pitchbook shows that 'mega-deals' could be inflating AI startup funding totals, giving a misleading picture of the sector's health.

Twitch to shut down in Korea over ‘prohibitively expensive’ network fees

Twitch, the popular video streaming service, plans to shut down its business in South Korea on February 27 after finding that operating in one of the world’s largest esports markets is “pr

Avenir seeks to raise $800M for new fund

Avenir Growth Partners is seeking to raise $800 million for its fifth fund, it disclosed in a securities filing, two years after it began the paperworks for raising its IV fund. It ended up raising ab

Discord reimagines its mobile app to showcase its best social features

Discord launched a major refresh of its mobile app on Tuesday, putting messaging front-and-center while making a host of small improvements that users have been asking for. Inspired by user feedback,

Google gives out offensive notebooks to Black summit attendees

On the inside of the notebook Google gave out at its K&I Black Summit, it reads verbatim, “I was just cotton the moment, but I came back to take your notes.

Elon Musk is looking to raise $1 billion for xAI

Elon Musk is looking to raise 1/44 of a Twitter for his AI company, xAI. In other words, the man behind Tesla, SpaceX and X is seeking $1 billion in funding for his next venture. According to an SEC f

Expense management startup Navan cuts staff to find profitability ahead of delayed IPO

Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesperson confirmed to TechCrunch today. The Information first broke the news. “

Grand Theft Auto VI trailer breaks MrBeast’s record for most YouTube views in 24 hours

In just 22 hours, the first trailer for Grand Theft Auto VI has racked up 85 million views, breaking a MrBeast video’s record for most YouTube views in 24 hours. That ranking excludes music vide

Fiat’s new EV looks like the anti-Cybertruck

Last week, Tesla dropped details on the Cybertruck and maxed-out Cyberbeast. After all that talk of supersized trucks, the North American release of the Fiat 500e buggy hits like a frosty mug of ice w

X is now licensed for payment processing in a dozen US states

Elon Musk is moving forward with his plans to turn the company formerly known as Twitter, now called X, into an “everything app” that includes its own payments system. The company in late

TC+ Roundup: Amazon is not the AI leader

Amazon has been No. 1 in the cloud for years but now finds itself playing catch-up to Microsoft when it comes to AI.

Twilio might actually deserve activist investor attention

Twilio's stock has fallen from $400 a share in 2021 to somewhere in the $60s today. It's no wonder activist investors are circling.

Why does MasterClass work? with David Rogier from MasterClass

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by David Rogier, the founder and CEO of MasterClass.

With iMessage thanks to Beeper Mini, the OnePlus Open is my new favorite phone

Multi-platform messaging startup Beeper, founded by YC and Pebble alum Eric Migicovsky, delivered an iMessage experience for Android that doesn’t use any intermediaries and, as such, should be (

Bing’s new ‘Deep Search’ feature offers more comprehensive answers to complex search queries

Microsoft Bing is getting a new “Deep Search” feature powered by OpenAI’s GPT-4. The feature is designed to give users more relevant and comprehensive answers to complex search queri

Vercel makes it easier to ship better code at scale

Vercel today announced two new features for developers that aim to help them ship higher-quality code at scale. The first is Conformance, which runs static analysis checks over a company’s codeb

Goldman Sachs-backed ZestMoney, once valued at $450M, to shut down

ZestMoney, a buy now, pay later startup whose ability to underwrite small ticket loans to first-time internet customers attracted many high-profile investors, including Goldman Sachs, is shutting down

Metrics that matter: 3 practical observations on valuation

Paris Heymann Contributor Share on X Paris Heymann is a partner at Index Ventures, where he invests primarily in B2B SaaS and data. More posts by this contributor Vertical AI: The next logical iterati

ChatGPT: Everything you need to know about the AI-powered chatbot

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved in

Another blow for self-driving trucks as former industry leader abandons the US

When TuSimple went public in 2021 it was flying high as the leading self-driving trucks developer in the United States. Now — after a string of internal controversies and the loss of a critical part
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