Rapyd Financial Network is reportedly looking to raise $300 million in a new funding at a steep valuation cut from its 2021 high. © 2024 TechCrunch. All rights reserved. For personal use only.

The Department of Transportation (DOT) has paused funding for a $5 billion EV charging infrastructure program that Tesla has received at least $31 million from. The move is widely viewed to be illegal. It’s the latest attempt from the Trump administration to hack away at federally funded renewable energy projects around the country, a clear […]

Just six months after defense tech Anduril raised a massive $1.5 billion round that valued the company at $14 billion, it’s in talks to raise another $2.5 billion, at a valuation of up to $28 billion, sources told CNBC. The deal would, not surprisingly, be led by Founders Fund, which is reportedly writing a $1 […]

OpenAI is expanding its footprint to Germany. According to a press release issued Friday, the ChatGPT maker plans to open an office in Munich in the coming months. “Germany is renowned for its technical expertise, academic excellence, and industrial innovation,” OpenAI CEO Sam Altman in a statement. “Opening our first office in Germany means we […]

Anthropic’s CEO Dario Amodei claims DeepSeek generated sensitive bioweapons data in a safety test it ran. © 2024 TechCrunch. All rights reserved. For personal use only.

On the same day that President Donald Trump delayed ending a trade exemption targeting certain Chinese imports, ecommerce company Shopify published a blog post making its stance on U.S. trade policy clear. In the post, Shopify endorsed “open trade,” calling for regulators to give online merchants the “freedom to expand without constraints imposed by geopolitical […]

Andrew Ng, the founder and former leader of Google Brain, supports Google’s recent decision to drop its pledge not to build AI systems for weapons. “I’m very glad that Google has changed its stance,” Ng said during an onstage interview Thursday evening with TechCrunch at the Military Veteran Startup Conference in San Francisco. Earlier this […]

Elon Musk has reportedly picked fresh-faced six engineers to run DOGE. I spoke to one of them in 2023, when his life looked very, very different. © 2024 TechCrunch. All rights reserved. For personal use only.

Elon Musk doesn’t want Tesla to be just an automaker. He wants Tesla to be an AI company, one that’s figured out how to make cars drive themselves.  Crucial to that mission is Dojo, Tesla’s custom-built supercomputer designed to train its Full Self-Driving (FSD) neural networks. FSD isn’t actually fully self-driving; it can perform some […]

A former iOS engineer, who was sued by Apple for leaking confidential information to journalists, has issued an apology after the lawsuit against him was dismissed. The lawsuit, which was filed last year, alleged that Andrew Aude sent thousands of messages to journalists at The Wall Street Journal and The Information about more than a […]