CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.
Tech Crunch
A look at Intel Capital before the 34-year-old firm strikes out on its own
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 Intelâs venture investment arm since 1991. In many ways this decision marks the end of an era for whatâs considered by some to be the [âŚ]
Here are Africaâs biggest startups based on valuation
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 [âŚ]
Javice found guilty of defrauding JPMorgan in $175M startup purchase
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 prosecutorsâ claims that she fabricated the vast majority of Frankâs customer [âŚ]
âTesla Takedownâ protesters are planning a global day of action on March 29, and things might get ugly
âTesla Takedownâ 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 Muskâs role in slashing government spending. As Tesla protests have spread, so has the backlash. Activists holding up signs are being conflated with masked vandals [âŚ]
Elon Musk says xAI acquired X
Elon Muskâs AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, he announced in a post on X Friday. âxAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt),â Musk said in the post. âxAI and [âŚ]
Fintech VC powerhouse Frank Rotman stepping down from QED Investors to found his own startups
Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by yearâs end to focus on founding his own startups. But those startups wonât necessarily be financial technology companies. In a post on X, Rotman â who helped start QED in 2007 â declared that [âŚ]
Nintendo used its new app to announce the âLegend of Zeldaâ movie release date
Nintendo announced on Friday that its live-action âThe Legend of Zeldaâ movie will premiere on March 26, 2027. Itâs 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 [âŚ]
TechCrunch Mobility: Inside the Rivian skunkworks program, and Trumpâs gift to Tesla
Welcome back to TechCrunch Mobility â your central hub for news and insights on the future of transportation. Sign up here for free â just click TechCrunch Mobility! Before we jump into the transportation news of the week, itâs worth pointing you to a couple of articles that are focused on Elon Musk, the CEO [âŚ]
Inside the Rivian skunkworks program, and Trumpâs gift to Tesla
Welcome back to TechCrunch Mobility â your central hub for news and insights on the future of transportation. Sign up here for free â just click TechCrunch Mobility! Before we jump into the transportation news of the week, itâs worth pointing you to a couple of articles that are focused on Elon Musk, the CEO [âŚ]