Tag: techcrunch.com

  • Is xAI a neocloud now?

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/02/GettyImages-2256968212.jpg?w=1024″] On Wednesday, xAI and Anthropic announced a surprise partnership that has the Claude-maker buying out “all of the compute capacity at [xAI’s] Colossus 1 data center,” roughly 300MW that allowed Anthropic to immediately raise its usage limits. It’s a huge deal for xAI, likely worth billions of dollars. More importantly, it immediately…

  • Insurance startup Corgi hits $1.3B valuation 4 months after its Series A

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2024/03/GettyImages-1502217391.jpg?resize=1200,800″] Business insurance startup Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion, the startup’s co-founder Nico Laqua said on LinkedIn. This comes just four months after the company announced a $108 million Series A. The company has now raised $268 million in funding…

  • Microsoft’s AI data center push is colliding with its clean power goals

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2025/05/GettyImages-1475927398.jpeg?resize=1200,674″] Microsoft is weighing whether to delay or scale back one of its most ambitious clean energy goals as its rapid buildout of AI data centers puts pressure on its ability to meet those targets. Microsoft has yet to make any public announcements, but according to Bloomberg the company is having internal discussions…

  • Robinhood’s venture fund IPO attracted 150,000+ retail investors, CEO says

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/05/vlad-tenev-robinhood-GettyImages-2272038864.jpg?w=1024″] Robinhood CEO Vlad Tenev is touting the success of the fintech’s new Ventures Fund I, which allows retail investors to invest in private tech companies like Stripe, Oura, Databricks, OpenAI, and others, through a publicly traded fund listed on the NYSE. “We had something like over 150,000 retail investors participate in the…

  • How Elon Musk left OpenAI, according to Greg Brockman

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/05/GettyImages-2273248471.jpg?resize=1200,800″] In late August 2017, key figures at OpenAI (then a small nonprofit research lab) gathered to discuss how they would create a for-profit to commercialize its technology and raise the funds needed to realize AGI. Elon Musk was demanding full control of the company and had just given each of his co-founders…

  • DOJ says ransomware gang tapped into Russian government databases

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2017/10/kremlin-hacking.jpg?resize=1200,675″] A U.S. court has sentenced Latvian hacker Deniss Zolotarjovs to more than eight years in prison following his conviction for carrying out ransomware attacks. The Justice Department accused the hacker of working for a notorious Russian ransomware gang called Karakurt, which was led by former leaders of the Akira and Conti ransomware…

  • AI evaluation startup Braintrust confirms breach, tells every customer to rotate sensitive keys

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2023/09/BraintrustTeamPhoto.jpg?resize=1200,900″] AI evaluation startup Braintrust has urged customers to revoke and replace their API keys after an earlier breach of customer secrets. According to an email sent to customers Monday and seen by TechCrunch, the startup confirmed “unauthorized access” in one of its Amazon Web Services (AWS) cloud accounts, which contained API keys…

  • SpaceX may spend up to $119B on ‘Terafab’ chip factory in Texas

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2024/07/GettyImages-1240619050.jpg?resize=1200,800″] SpaceX, Elon Musk’s space company that also houses his AI company, xAI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Grimes County, Texas, according to a proposal on the county website. The company estimates it may spend a total of $119 billion on the project, which…

  • DeepSeek could hit $45B valuation from its first investment round

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/04/GettyImages-2272184430.jpg?w=1024″] DeepSeek is in talks to raise its first round of venture capital, and in just a few weeks, its potential valuation has soared from $20 billion to $45 billion, the Financial Times and Bloomberg reported. The Chinese AI lab came to prominence in early 2025 after launching a large language model that…

  • Chrome on Android now supports approximate instead of precise location sharing

    [analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/02/google-chrome-GettyImages-2151457378.jpg?w=1024″] Chrome on Android now lets users share their approximate location with websites rather than their precise location, Google announced this week. The tech giant says that while some cases require precise location, such as when you’re placing a delivery order or trying to find the closest ATM, there are instances when your…