Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, is about to close a fresh $100 million in financing co-led by new investor Khosla and existing investor Bedrock Capital, a source familiar with the deal tells TechCrunch. The new round will value the company at around $470 million, according to the source. However, the […]
Stripe shows iOS developers how to avoid Apple’s App Store commission
Payments processing software provider Stripe is ready to help iOS app developers bypass Apple’s cut of App Store transactions. Following yesterday’s ruling in the Apple-Epic antitrust trial, where Judge Yvonne Gonzalez Rogers outright shamed Apple for not permitting external payment links in apps as she had previously ruled, Stripe shared documentation that shows iOS developers […]
Buzzy investing app Dub lands $30M Series A
Dub, the copy-trading platform that says it’s transforming how Gen Z invests, has secured a $30 million Series A funding round, bringing its total raised to $47 million. The deal, which founder Steven Wang had previously hinted to TechCrunch was in the works, comes a year after its official launch. The 23-year-old’s Harvard dropout’s platform […]
FutureHouse releases AI tools it claims can accelerate science
FutureHouse, an Eric Schmidt-backed nonprofit that aims to build an “AI scientist” within the next decade, has launched its first major product: a platform and API with AI-powered tools designed to support scientific work. Many, many startups are racing to develop AI research tools for the scientific domain, some with massive amounts of VC funding […]
Fintech Bench conducts layoff while others still work month-to-month
Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didn’t specify how many people were affected, but one person who works there estimated that Bench was eliminating dozens of positions – that’s a big chunk of the […]
Ai2’s new small AI model outperforms similarly-sized models from Google, Meta
‘Tis the week for small AI models, it seems. On Thursday, Ai2, the nonprofit AI research institute, released Olmo 2 1B, a 1-billion-parameter model that Ai2 claims beats similarly-sized models from Google, Meta, and Alibaba on several benchmarks. Parameters, sometimes referred to as weights, are the internal components of a model that guide its behavior. […]
Nvidia takes aim at Anthropic’s support of chip export controls
Nvidia clearly doesn’t agree with Anthropic’s support for export controls on U.S.-made AI chips. On Wednesday, Anthropic doubled down on its support for the U.S. Department of Commerce’s “Framework for Artificial Intelligence Diffusion,” which would impose sweeping AI chip export restrictions starting May 15. The next day, Nvidia responded with a very different take on […]
May Mobility to launch robotaxis on Uber platform this year in Texas
Startup May Mobility plans to deploy its autonomous vehicles on the Uber platform by the end of 2025, starting in Arlington, Texas, as part of a multi-year partnership. The tie-up with Uber offers May a chance to grow beyond offering shuttles within campuses and planned communities, while Uber adds May Mobility to its growing roster […]
Epic Games is launching webshops to allow developers to circumvent app store fees after new ruling
Epic Games is taking a victory lap. After notching a big win against Apple in a years-long legal dispute, Epic announced that its Epic Games Store will allow developers to open webshops, which can offer players out-of-app purchases to circumvent fees from Apple and Google. Epic has been in a long legal battle with Apple […]
Anthropic lets users connect more apps to Claude
Anthropic on Thursday launched a new way to connect apps and tools to its AI chatbot Claude, as well as an expanded “deep research” capability that allows Claude to search the web, enterprise accounts, and more. The new app connection feature, called Integrations, and expanded deep research tool, dubbed Advanced Research, are available in beta […]