Tech Crunch

Perplexity CEO Aravind Srinivas recently took to Reddit to address users’ product complaints and reassure them that the company is not under serious financial pressure. Srinivas seemed to be responding, in part, to a user theory that the company is “doing horribly financially” and “making lots of changes to cut costs.” As an example, the […]

It’s been 25 years since China Miéville stepped into the literary spotlight with his novel “Perdido Street Station.” Combining elements of science fiction, fantasy, and horror, the novel introduced readers to the fantastically complex city of New Crobuzon, filled with insect-headed khepri, cactus-shaped cactacae, and terrifying slake moths that feed on their victims’ dreams. It […]

A year ago, Bluesky was opening up to the public and was known as one of the many X competitors that emerged after Elon Musk acquired the network formerly known as Twitter. Today, Bluesky’s social network has grown to over 33 million users, while the technology it’s built upon — the AT Protocol (or ATProto […]

New and expanded data centers are expected to double the sector’s power demand by 2029 as tech companies rush to capitalize on AI.

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 […]

Amazon announced this week that Jennifer Salke is stepping down as the head of Amazon MGM Studios — a move that could indicate high-level dissatisfaction with the company’s streaming strategy over the past few years. To be clear, Salke’s boss Mike Hopkins (the head of Amazon MGM Studios and Prime Video) praised her work in […]

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 […]

CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.

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 […]

Last year, funding into African startups edged past $2 billion, returning to pre-pandemic levels and presenting a mixed bag as expected. Signs suggest 2025 will follow the cautious trends of the past two years. A sharp decline in mega-deals, mirroring global venture capital tightening since the boom of 2020-2021, pushed local and international investors to […]