After a sluggish couple of years, fintech appears to be making a comeback. In the first quarter of 2025, fintech startups globally raised a combined $10.3 billion — marking the highest level of funding since the first quarter of 2023, according to CB Insights research. The average deal size of $17.7 million also marked the […]
Discord appoints former Activision Blizzard exec Humam Sakhnini as CEO
Amid rumors that the company is eyeing an IPO, Discord appointed former Activision Blizzard Vice Chairman Humam Sakhnini as CEO. Discord co-founder Jason Citron will leave his CEO role after thirteen years at the company. Discord straddles the gaming and social media spaces — despite its initial emergence as a platform for online multiplayer gamers […]
OpenAI’s GPT-4.1 may be less aligned than the company’s previous AI models
In mid-April, OpenAI launched a powerful new AI model, GPT-4.1, that the company claimed “excelled” at following instructions. But the results of several independent tests suggest the model is less aligned — that is to say, less reliable — than previous OpenAI releases. When OpenAI launches a new model, it typically publishes a detailed technical […]
DOJ reportedly probes Disney-FuboTV deal over competition concerns
The U.S. Department of Justice is probing Disney’s deal to take a controlling stake in FuboTV, Bloomberg reports. Fubo is a live TV streaming service known for its extensive sports coverage. Officials are examining whether the deal would create a concentration of power in the sports streaming market. In January, Disney announced that it was going […]
Anti-Musk protests are now an official risk to Tesla’s business
Protests against Elon Musk and Tesla have been spreading around the world thanks to the CEO’s involvement in the Trump administration. Now those protests are listed as an official “risk factor” in paperwork Tesla is required to file with federal regulators. The new language, filed with the Securities and Exchange Commission on Wednesday morning, shows […]
OpenAI makes its upgraded image generator available to developers
OpenAI on Wednesday brought the tech behind its new and improved image generation feature in ChatGPT to its API, allowing developers to integrate it into their apps and services. OpenAI’s new image generator, which launched for most ChatGPT users in late March, went viral for its ability to create realistic Ghibli-style photos and “AI action figures.” […]
Google Gemini has 350M monthly users, reveals court hearing
Gemini, Google’s AI chatbot, had 350 million monthly active users around the globe as of March, according to internal data revealed in Google’s ongoing antitrust suit. The Information first reported the stat. Usage of Google’s AI offerings has exploded in the last year. Gemini had just 9 million daily active users in October 2024, but […]
Bring a +1 to TechCrunch Sessions: AI and save 50% on their ticket through May 4
You’re not the only one thinking about where AI is headed. So why come alone? From now through May 4, buy your Early Bird ticket to TechCrunch Sessions: AI and save up to $210—plus get 50% off a second ticket for your colleague, co-founder, collaborator, friend, or whoever you want to bring. It’s your opportunity […]
Fluent Ventures backs replicated startup models in emerging markets
A new venture firm aims to prove that the most successful startup ideas don’t have to be born or scaled in Silicon Valley. Fluent Ventures, a global early-stage fund, is backing founders replicating proven business models from Western markets in fintech, digital health, and commerce across emerging markets. The more cynical might describe this as […]
Meta’s Threads opens up ads to global advertisers
Months after first testing ads in select markets, including the U.S., Meta on Wednesday announced that its Instagram Threads app would now expand ads to all advertisers worldwide. The expansion will allow eligible advertisers to reach Threads’ over 320 million monthly active users, and it will include access to an inventory filter to control the sensitivity level […]