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Founders Fund leads financing of composites startup Layup Parts

​[[{“value”:” Scarcely five months after its founding, hard tech startup Layup Parts has landed a $9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital and Haystack also participated. The breakneck pace is more than a subtle indication that investors’ appetite for tech-focused solutions to the woes of the American industrial base […] © 2024 TechCrunch….

Startups Weekly: Trouble in EV land and Peloton is circling the drain

​[[{“value”:” Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Look, I know this is our startups weekly newsletter, and as the most valuable company in the world, Apple is kind of the ultimate “not a […] © 2024 TechCrunch….

Anthropic now lets kids use its AI tech — within limits

​[[{“value”:” AI startup Anthropic is changing its policies to allow minors to use its generative AI systems — in certain circumstances, at least.  Announced in a post on the company’s official blog Friday, Anthropic will begin letting teens and preteens use third-party apps (but not its own apps, necessarily) powered by its AI models so long […] © 2024 TechCrunch….

VC fund performance is down sharply — but it may have already hit its lowest point

​[[{“value”:” Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent data from the San Francisco Employees’ Retirement System (SFERS) give us something to chew on. SFERS’s venture portfolio recorded a -.9% internal rate of return […] © 2024 TechCrunch….

Threat actor says he scraped 49M Dell customer addresses before the company found out

​[[{“value”:” The person who claims to have 49 million Dell customer records told TechCrunch that he brute-forced an online company portal and scraped customer data, including physical addresses, directly from Dell’s servers.  TechCrunch verified that some of the scraped data matches the personal information of Dell customers. On Thursday, Dell sent an email to customers saying […] © 2024 TechCrunch….