Tag: techcrunch.com
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US surveillance law to expire for first time after lawmakers reject Trump’s controversial pick to lead spy agencies
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2014/07/nsa-red.jpg?resize=1200,675″] The House of Representatives has failed to renew the U.S. government’s warrant-less surveillance law before it is due to expire on Friday, all but guaranteeing that it will lapse for the first time, as lawmakers protest the appointment of a controversial Trump ally to oversee U.S. intelligence agencies. The House voted 218-198…
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Cheaper, faster, and culturally aware, Avataar’s video AI is built for India’s scale
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/06/Screenshot-2026-06-11-at-3.39.00-PM.jpg?resize=1200,685″] India’s AI model output has been slow compared to the U.S., Europe, and China. Only a few startups are releasing models, and most of them are large language models or voice models. To encourage more development, the government launched the India AI Mission, a roughly $1.2 billion initiative that — among other…
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Equal AI raises $30M to screen calls so Indians don’t have to
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/06/20242245.jpeg?resize=1200,800″] In India, consumers receive a lot of calls every day, ranging from spam and scams to delivery people and financial service companies trying to contact them. There are apps like Truecaller and the government’s Calling Name Presentation (CNAP) system to identify who is calling, but knowing the name of the caller is…
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Theker just raised $85M to build the factory robot that doesn’t specialize in anything
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/06/THEKER-photo-seriesA.jpg?resize=1200,799″] Humanoids aren’t quite ready to replace factory workers, but the industry can’t wait. Faced with labor shortages, manufacturers have shown growing interest in startups that promise faster automation without the usual tradeoffs. That’s the bet behind Theker, an AI robotics startup that aims to go beyond robots trained for a single task.…
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Jeff Bezos’s Prometheus raises $12B to build an ‘artificial general engineer’ for the physical world
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2025/04/GettyImages-2208733347.jpg?w=1024″] Prometheus, the physical AI startup co-founded by Jeff Bezos and Vik Bajaj, the former co-founder of Verily, Google’s life sciences unit, announced it raised $12 billion at a $41 billion valuation. The new funds came from Bezos himself, as well as from JPMorgan Chase, Goldman Sachs, and BlackRock, among others. This is…
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SpaceX officially prices shares at $135 in the largest IPO ever
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2022/07/spacex-falcon-9.jpeg?resize=1200,675″] For once, SpaceX is ahead of schedule: Elon Musk’s space and AI conglomerate officially confirmed that it has raised $75 billion from the sale of its shares to its underwriters, who are set to begin marketing the company on the Nasdaq stock exchange Friday. SpaceX priced its 555.6 million shares at $135…
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Oracle warns of security bug that hackers abused to breach 100+ companies
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/06/oracle-logo-nyse.jpg?resize=1200,800″] Oracle warned its corporate customers that there is a critical-rated vulnerability in its PeopleSoft software, which is used by large companies to manage payroll and human resources, a day after a cybercrime group took credit for abusing the flaw as part of a mass-hacking campaign. The company published the security advisory on…
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SpaceX SPV investors won’t know their true holdings until post-IPO lock-ups lift
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/05/20260511_Wet_Dress_Actual_2_259bcb3ae9.jpg?resize=1200,899″] SpaceX makes its public debut on Friday and some investors who backed the company through special purpose vehicles (SPVs) still don’t know how many shares they’re entitled to or whether they’ll get any shares at all. Investing through SPVs, where multiple parties pool their money to invest in a single company, has…
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Bluesky launches group chats, as company shifts focus to community features
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/01/bluesky-GettyImages-2185144073.jpg?w=1024″] Social network Bluesky launched support for group chats on Thursday, another feature designed to make the app more competitive with its larger competitor, X. While Elon Musk-owned X recently doubled down on chats with the launch of a stand-alone XChat app, Bluesky is only now catching up by offering a way for…
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Meta’s Edits app is getting an AI assistant and a desktop version
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2025/05/meta-edits.png?resize=1200,704″] Meta on Wednesday previewed upcoming additions to its video-editing app Edits at an invite-only creator event in L.A., showing off features like a new AI assistant and a desktop version of the previously mobile-only app. The company also announced other new tools will launch in the app today, such as a “Beta”…