Technology
As competition among AI startups heats up, founders and VCs are turning to novel valuation mechanisms to manufacture a perception of market dominance. Until recently, the most sought-after companies raised multiple rounds of funding in quick succession at escalating valuations. However, because constant fundraising distracts founders from building their products, lead VCs have devised a…
Google on Tuesday announced a series of new features coming to the Android ecosystem, alongside its March software update for Pixel phones, called the Pixel Drop. Notably, Android users are getting a new way to find lost luggage. If users have added a Find Hub-compatible tracker tag to their luggage, they can now share a…
For months, there has been talk that Silicon Valley’s billionaire class was recruiting a candidate to take on Representative Ro Khanna. Early Tuesday morning, that candidate made it official. Ethan Agarwal (pictured above), a 40-year-old tech entrepreneur with no political background, told TechCrunch on Monday evening that he is running for California’s 17th congressional district….
Bengaluru-based Pronto is helping to bring India’s largely informal domestic help market online. As daily bookings climb and its city footprint expands, investors are opening their wallets. The startup said Tuesday that it raised a $25 million Series B round led by Epiq Capital, valuing the nine-month-old company at $100 million. That’s more than double…
The AI coding assistant Cursor has surpassed $2 billion in annualized revenue, a metric calculated by multiplying the latest month’s revenue by 12, according to a Bloomberg source. This individual says the four-year-old startup saw its revenue run rate double over the past three months. The disclosure appears timed to counter a recent wave of…
Many users are switching to Claude following a string of controversies surrounding ChatGPT and its parent company, OpenAI. The tipping point came after Anthropic, the company behind Claude, refused to allow the Department of Defense to use its AI models for mass domestic surveillance or fully autonomous weapons. In response, President Trump ordered all federal…
Social network X on Monday announced the introduction of a new “Paid Partnership” label that creators can apply to their posts to indicate they’re advertisements. The feature could help improve creators’ authenticity, so fans know when a product recommendation is an original sentiment, versus a paid sponsorship, while also complying with regulations that say ads…
Investors have been pouring billions into AI companies over the past few years, as the technology continues to hold sway in the Valley and thus the world. But not all AI companies are grabbing investor attention. Indeed, even as it seems every company these days is rebranding to include “AI” in its name, some startup…
Social community platform Discord is preparing to require users to verify their age by the second half of 2026, and users are concerned about the privacy of uploading a government ID or face scan to the network. While users can still access most features without verification, many remain uneasy giving more information to a company…
Prediction market users have made — and profited from — big bets around the bombing of Iran by the U.S. and Israeli military. On Polymarket, $529 million was traded on contracts tied to the timing of the attack, according to Bloomberg. An analysis by analytics firm Bubblemaps SA found that six newly-created accounts made a…
