Technology news from around theworld. Find out what’s happening and why it matters
An excerpt from the upcoming book “The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future” offers new details about why OpenAI’s board briefly fired CEO Sam Altman back in 2023. Written by Wall Street Journal reporter Keach Hagey, the book claims the nonprofit’s board members became increasingly concerned after learning about issues […]
Sam Altman firing drama detailed in new book excerpt Read More »
Welcome back to Week in Review! Elon Musk says that xAI bought X in an all-stock deal; a16z-backed 11x faked some customers; the Lumon Terminal Pro pops up on Apple’s website; and much more. Let’s dig in! xAI buys X: X owner Elon Musk announced on X on Friday that xAI acquired X in an
Elon Musk’s xAI buys X Read More »
CoreWeave began trading on Friday with more of a shrug than a war cry. The company priced at $40 on Thursday, below the $47- $50 price range announced. It also trimmed the number of shares offered. All told, CoreWeave raised $1.5 billion and nabbed a $14 billion market cap on Day 1, instead of a
CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO Read More »
When Intel Capital announced its plans to spin out from semiconductor giant Intel in January, it came as a bit of a shock considering the firm has been operating as Intel’s venture investment arm since 1991. In many ways this decision marks the end of an era for what’s considered by some to be the
A look at Intel Capital before the 34-year-old firm strikes out on its own Read More »
Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s customer
Javice found guilty of defrauding JPMorgan in $175M startup purchase Read More »
‘Tesla Takedown’ organizers have promised their biggest day of global action this weekend, encouraging thousands to protest outside Tesla showrooms, dealerships, and even charging stations to peacefully object to Elon Musk’s role in slashing government spending. As Tesla protests have spread, so has the backlash. Activists holding up signs are being conflated with masked vandals
Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction,” Musk said. “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).” Musk
Elon Musk says xAI acquired X Read More »
Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman – who helped start QED in 2007 – declared that
Nintendo announced on Friday that its live-action “The Legend of Zelda” movie will premiere on March 26, 2027. It’s a little weird to announce this the day after a Nintendo Direct livestream, where the gaming company usually unloads all of its recent news. But that was intentional. The company wants fans to download its new
Nintendo used its new app to announce the ‘Legend of Zelda’ movie release date Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Before we jump into the transportation news of the week, it’s worth pointing you to a couple of articles that are focused on Elon Musk, the CEO
TechCrunch Mobility: Inside the Rivian skunkworks program, and Trump’s gift to Tesla Read More »
