Tag: techcrunch.com

  • Sources: Anthropic could raise a new $50B round at a valuation of $900B

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/01/GettyImages-2256664479.jpg?resize=1200,800″] Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources familiar with the matter. Bloomberg and…

  • On the stand, Elon Musk can’t escape his own tweets

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/01/GettyImages-2087343879.jpg?w=1024″] Elon Musk came to a California federal court on Wednesday to argue that Sam Altman and his co-founders “stole a charity.” He left having admitted, under oath, that Tesla is not currently pursuing artificial general intelligence (AGI) — directly contradicting a tweet he’d posted just weeks earlier. It was that kind of…

  • Meta is still burning money on AR/VR

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2022/10/meta-distorted-glitched.jpg?resize=1200,675″] When Meta released its quarterly earnings report on Wednesday evening, a colleague pointed out how Meta lost $4 billion on Reality Labs, the division responsible for its AR glasses, VR headsets, and VR software. I yawned at first. Meta losing $4 billion on Reality Labs just didn’t seem surprising. It’s a given.…

  • Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2024/07/GettyImages-2153474575.jpg?resize=1200,800″] Microsoft CEO Satya Nadella was asked point-blank by a Wall Street analyst on Wednesday how its revised OpenAI partnership would impact Microsoft’s financials. He said that the new agreement was a good deal for everyone. “We feel good about our partnership with OpenAI. I’m always very focused on any partnership and ensuring…

  • Microsoft says it has over 20M paid Copilot users, and they really are using it

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2017/07/gettyimages-496394442.jpg?resize=1200,747″] Despite the lingering perception that no one really uses Copilot, Microsoft said Wednesday that its user base and engagement are growing for the AI tool that’s baked into M365 apps like Word, Excel, and Outlook email. M365 Copilot now has 20 million paid enterprise Copilot seats, Microsoft CEO Satya Nadella said during…

  • Google Cloud surpasses $20B, but says growth was capacity-constrained

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/04/GettyImages-2266466589.jpg?w=1024″] Google Cloud, the business under parent company Alphabet that provides enterprise AI solutions, had a blowout first quarter, with revenues topping $20 billion for the time, a 63% increase from the same period last year. However, investors on the company’s earnings call expressed concern about the constraints surrounding the business and how…

  • Google gains 25M subscriptions in Q1, driven by YouTube and Google One

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2020/06/GettyImages-1149449083.jpg?resize=1200,800″] Google has added another 25 million paid subscriptions to its services over the past quarter, parent company Alphabet announced during its first-quarter earnings report on Wednesday. The company said it now has 350 million paid subscriptions across its services, up from 325 million in Q4 2025, with YouTube and Google One —…

  • Is AI video just a prequel? Runway’s CEO thinks world models are next

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/04/GettyImages-2250760741.jpg?resize=1200,800″] AI-generated video has gone from novelty to creative tool almost overnight, and Runway has a front row seat to the shift. The New York-based company has raised close to $860 million at a $5.3 billion valuation, and its models are going toe-to-toe with the most well-funded labs in the world, including Google and OpenAI.   The technology…

  • Parallel Web Systems hits $2B valuation five months after its last big raise

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/04/Parag-Agrawal-Parallel.jpg?resize=1200,800″] Parallel Web Systems, the AI agent-tool startup founded by former Twitter CEO Parag Agrawal, has raised a $100 million Series B at a $2 billion valuation led by Sequoia. Existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, and Terrain Capital also participated, the company said. This raise…

  • Google Photos uses AI to make the iconic closet from ‘Clueless’ a reality

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/04/clueless-closet.webp?w=1200″] Google Photos on Wednesday announced a new AI-powered feature that will soon turn photos of your clothes into a digital closet where you can create new outfit ideas, and even virtually try on your creations. Yes, the idea takes obvious inspiration from Cher’s iconic virtual wardrobe featured in the movie “Clueless,” where…