Quantum computing has long been announced as “just around the corner,” but several companies are now determined to make this a commercial reality, with the promise of solving complex problems beyond classical computers’ reach. The problems in question are wide-ranging, from medicine and cybersecurity to materials science and chemistry. But first, there are very practical […]
IBM pledges to spend $150B in the US over the next few years
Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, which will include a “more than” $30 billion investment in mainframe and quantum computing research. The goal is to fuel the economy and “accelerate [IBM’s] role as the global leader in computing,” the company said in a press release Monday. […]
AI animation startup Cheehoo lands $10M funding from Greycroft
Creating animation is a time-consuming process, requiring multiple steps including storyboarding, rendering, composition, and lighting to craft a single scene. If a director wants to experiment with a different take for a scene, an animation team has to go back and tweak things before the scene can be finalized. Cheehoo, a startup founded by a […]
Volution doubles-down on booming UK fintech with new $100M fund
The UK fintech sector is on a bit of roll. Allica Bank – a London-based fintech – recently announced it had doubled its profits in 2024, bringing in £29.9 million, while Neobank Revolut announced a £1bn profit in 2024. Companies of this nature continue to spring out of London, a city which has become a fintech global […]
Lightrun grabs $70M using AI to debug code in production
AI-based coding has exploded in popularity on the promise that it will make developers’ jobs faster and easier. But it’s also resulted in something else: a vast increase in lines of code, and thus the likelihood of bugs resulting in crashes or other mishaps. Today, an Israeli startup called Lightrun — which has built an […]
OmniRetail shakes up Africa’s B2B e-commerce market with $20M Series A
When Deepankar Rustagi last raised money for OmniRetail in 2022, excitement was high for African startups addressing the supply chain and operational challenges in the fast-moving consumer goods (FMCG) sector. At one point, these startups received more capital than all sectors, except fintech. Recently, though, the industry’s enthusiasm and venture capital’s interest have faded, as […]
StrictlyVC heads to london and Athens this May: Featuring Prime Minister of Greece and Europe’s leading tech and VC voices
It’s been a busy year for TechCrunch events — and it’s about to get even bigger. StrictlyVC, our boutique, highly exclusive event series for VCs and startups, is crossing the Atlantic this May with stops in London and Athens! We’re bringing StrictlyVC’s insider conversations to Europe. On May 8, we’ll dive into Athens’ booming tech […]
From coding tests to billion-dollar startups, Ali Partovi’s eight-year experiment is paying off
In Silicon Valley, where the same high-wattage names tend to dominate the headlines, Ali Partovi has long wielded outsized influence despite limited name recognition. The Iranian-born Harvard graduate built an impressive resume early on — joining the founding team of LinkExchange (acquired by Microsoft in 1998 for $265 million), co-founding iLike (sold to MySpace for […]
Early cancer detection startup Craif raises $22M
Cancer ranks as one of the top causes of death worldwide. The National Cancer Institute reported nearly 20 million new cancer cases and 9.7 million cancer-related deaths globally in 2022, with projections showing a rise to 29.9 million new cases by 2040. Craif, spun off from Nagoya University in Japan in 2018, is using microRNA(miRNA) […]
4chan is back online, says it’s been ‘starved of money’
4chan is partly back online after a hack took the infamous image-sharing site down for nearly two weeks. The site first went down on April 14, with the person responsible for the hack apparently leaking data including a list of moderators and “janitors” (one janitor told TechCrunch they were “confident” that the leaked data was […]