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AI startup Cohere, now valued at over $2.1B, raises $270M

In a sign that there’s plenty of cash to go around for generative AI startups, Cohere, which is developing an AI model ecosystem for the enterprise, today announced that it raised $270 million a

The SEC’s situationship with Binance and Coinbase keeps getting messier

Unless you live under a rock, you know that the U.S. Securities and Exchange Commission came out guns blazing on Monday and Tuesday, by suing the two largest crypto exchanges, Binance and Coinbase, re

Winging it

Once again, your intrepid robotics reporter finds himself in the warm embrace of the Bay. To paraphrase Mark Twain, the warmest I was ever embraced was early summer in Santa Clara. I’m writing this

Investors take note: Wildfire smoke will spark a surge in East Coast climate tech startups

Next year we might expect anywhere between 30 and 35 new climate tech companies to emerge.

Popular third-party Reddit app Apollo is shutting down as a result of Reddit’s new API pricing

The popular third-party Reddit app Apollo is shutting down on June 30, 2023, as a direct result of Reddit’s recently announced new API pricing plans which would end up costing Apollo $20 million

Mercedes first to sell vehicles in California with hands-free, eyes-off automated driving

Mercedes-Benz received a permit from California regulators that will allow the German automaker to sell or lease vehicles in the state equipped with a conditional automated driving system that allows

Bluesky’s growing pains strain its relationship with Black users

Bluesky, the decentralized social network and frontrunner alternative to Twitter, has been hailed as a wonderland of funny posts and good vibes. But a moderation policy change that followed a death th

Toyota to spend $48M on new US-based EV battery lab

Toyota plans to build a lab at its North American research and development headquarters in Michigan to develop and evaluate the quality of its EV batteries. The $48 million lab, which is expected to b

North Korean hackers linked to Atomic Wallet crypto hack

Crypto researchers say North Korean state-backed hackers are likely behind a recent hack on Atomic Wallet customers, resulting in millions of dollars in estimated losses. Estonia-based Atomic Wallet i

ChatGPT comes to iPad, adds support for Siri and Shortcuts

Less than a month after its release on the App Store, OpenAI’s ChatGPT app is getting its first big update. The new version, out today, brings native iPad support to the AI chatbot app, as well

How one software company is beating the SaaS growth blues

Samsara, which went public in late 2021, recently proved that it is still possible to expand fast and hold on to value.

Meta warned it faces ‘heavy sanctions’ in EU if it fails to fix child protection issues on Instagram

The European Union has fired a blunt warning at Meta, saying it must quickly clean up its act on child protection or face the risk of “heavy sanctions”. The warning follows a report by the

Google’s Password Manager gains biometric authentication on desktop

Google’s aiming to make it easier to use and secure passwords — at least, for users of the Password Manager tool built into its Chrome browser. Today, the tech giant announced that Passwor

Cloudflare co-founders will talk growth, changing markets and more on Disrupt’s SaaS Stage

Co-founders Matthew Prince and Michelle Zatlyn launched Cloudflare to the world during the Startup Battlefield competition at TechCrunch Disrupt back in 2010. Fast-forward 13 years, and the startup ha

Reddit makes an exception for accessibility apps under new API terms

Reddit says it will update its newly revised API terms to carve out an exception for accessibility apps, which allow users, including people who are blind or visually impaired, a way to browse and use

European startups on track to raise $51B this year, down 39% from 2022

The venture slowdown has long been established to be a global phenomenon, and per a new report from VC firm Atomico, this “adjusted market reality is here to stay."

EvenUp wants to automate personal injury settlements — to a point

Millions of personal injury cases are settled in the U.S. every year, as few go to trial — but the vast majority are kept under wraps. This leaves lawyers guessing what they should propose as a

Charting the future of the early-stage venture market with Carta’s CEO

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday (Thursday, this week) show where we niche

Aave’s Lens Protocol raises $15M to build the decentralized social web

Lens Protocol, a web3 product aimed at creating a decentralized social networking ecosystem, has raised $15 million, its team told TechCrunch exclusively. The protocol is being built by Aave, a web3 t

Green Coffee Co. percolates on $25M to expand in Colombia, launch alcoholic beverages

Green Coffee is a consolidated arabica coffee farming company, headquartered in the U.S., with operations in Colombia that span 9,000 acres across 14 farms.
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