How a hydrogen explosion led a teenage founder to become Sequoia’s first defense tech investment

How a hydrogen explosion led a teenage founder to become Sequoia’s first defense tech investment

Uncategorized
As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus full-time on his startup. But a few months before landing a seed investment from Sequoia […]
Read More
Kalshi CEO: ‘State law doesn’t really apply’ to us

Kalshi CEO: ‘State law doesn’t really apply’ to us

Uncategorized
Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the lawsuit, Kalshi claimed that, since they’re a federally regulated platform, state gaming commissions don’t have the authority to set rules for them. “We’re not necessarily very concerned [because] we are […]
Read More
Anthropic rolls out a $200-per-month Claude subscription

Anthropic rolls out a $200-per-month Claude subscription

Uncategorized
Anthropic announced on Wednesday that it’s launching a new, very expensive subscription plan for its AI chatbot Claude: Max. An answer to OpenAI’s $200-a-month ChatGPT Pro tier, Max comes with higher usage limits than Anthropic’s $20-per-month Claude Pro subscription, as well as priority access to the company’s newest AI models and features. A bit confusingly, […]
Read More
Artisan, the ‘stop hiring humans’ AI agent startup, raises $25M – and is still hiring humans 

Artisan, the ‘stop hiring humans’ AI agent startup, raises $25M – and is still hiring humans 

Uncategorized
It’s been a tough but exciting year for 23-year-old Jaspar Carmichael-Jack, founder and CEO of AI sales agent startup Artisan. Artisan just raised a $25 million Series A led by Glade Brook Capital, Carmichael-Jack exclusively tells TechCrunch. Y Combinator, Day One Ventures, HubSpot Ventures, Oliver Jung, Fellows Fund, and others participated as well. A year […]
Read More
Nuro’s $106M raise backs its shift from delivery robots to licensing autonomy tech

Nuro’s $106M raise backs its shift from delivery robots to licensing autonomy tech

Uncategorized
After months of hearty marketing efforts and large-scale technology demos across the U.S., Nuro has secured $106 million in fresh funding to help scale its autonomous driving technology and advance commercial partnerships.  The Series E round brings Nuro’s total funding raised to $2.2 billion and its valuation to $6 billion. That’s a drop from the […]
Read More
Deep Cogito emerges from stealth with hybrid AI ‘reasoning’ models

Deep Cogito emerges from stealth with hybrid AI ‘reasoning’ models

Uncategorized
A new company, Deep Cogito, has emerged from stealth with a family of openly available AI models that can be switched between “reasoning” and non-reasoning modes. Reasoning models like OpenAI’s o1 have shown great promise in domains like math and physics, thanks to their ability to effectively fact-check themselves by working through complex problems step […]
Read More
Does Colossal Biosciences’ dire wolf creation justify its $10B+ valuation?

Does Colossal Biosciences’ dire wolf creation justify its $10B+ valuation?

Uncategorized
On Monday, the “de-extinction” startup Colossal Biosciences announced its most ambitious results to date: the dire wolf. These are creatures that have been extinct for more than 12,000 years made famous by the HBO show Game of Thrones. These white, fluffy animals live on a 2,000-acre preserve in a location so secretive that journalists, including […]
Read More