Protego Ventures, the first and largest dedicated defense tech VC in Israel, just completed its final $125 million closing, TechCrunch learned exclusively.
Ex-Tesla team raises $12.5M to put supply chains on autopilot
Atomic’s agentic supply chain software is now being used by companies like DoorDash and HelloFresh.
Anthropic’s prospectus details losses, growth, and, yes, a warning that its AI could end humanity
In its prospectus, Anthropic just told investors it’s losing tens of billions of dollars a year, but also growing like crazy, and — oh yeah — its own AI might pose an existential risk to humanity.
Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort
Thirteen of the 18 startups in Peak XV’s latest Surge cohort are targeting global markets, while more than half are based in India.
OpenAI reportedly ditches model over safety concerns
A top executive at the AI lab told the Wall Street Journal that the model in question had displayed a poor aptitude for following orders.
Aurora CFO says 30,000 driverless trucks by 2030 isn’t as far-fetched as it sounds
Self-driving truck company Aurora laid out an audacious plan for 2030. Its CFO says its targets aren’t aspirational.
Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation
The new financing is expected to more than triples the AI infrastructure startup’s valuation from just four months ago.
AMD will acquire Fei-Fei Li’s World Labs for $8.2 billion
The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist.
Shopify opens checkout to browser-based AI agents
Shopify is expanding WebMCP support to checkout, allowing browser-based AI agents to update order details and complete purchases with a buyer’s authorization.
Tesla delays Roadster 2 event again due to bad weather
Tesla says the event “can only be held outdoors,” as it’s expected to show the car flying in some form using SpaceX thrusters.