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The Latest Breaking News from TechCrunch

Hyundai's $7.4B Vision For Flying Taxis Hits A Wall As Supernal Halts Work After CEO And CTO Exit

The dream of futuristic air taxis under Hyundai faces turbulence after its Supernal startup paused work on its aircraft program following the departures of CEO Jaiwon Shin and Chief Technology Officer David McBride.

Benzinga

Seven Seven Six Co-founder Says Interlune Is First Company To Commercialize Off‑Planet Resources—And VCs Are Buying In

Seven Seven Six founding partner Katelin Holloway said helium-3 harvested from lunar dust could generate returns for investors within a decade.

Benzinga

Peter Thiel-Backed Fellows' Startup Mercor Targets $10 Billion Valuation As OpenAI, Meta, Tesla Turn To Its AI Training Experts: Report

Mercor, founded by three Thiel Fellows who dropped out of Harvard, is reportedly pursuing a Series C funding round targeting a $10 billion valuation amid surging demand from artificial intelligence companies for specialized training experts.

Benzinga

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WhatsApp security warning - zero-click bug hits Apple users with spyware, so update now

Flaw reportedly required no interaction from the victim.

TechRadar

These $249 AI Glasses Listen To Every Word You Speak — And Harvard Dropouts Say It Will Unlock 'Infinite Memory'

The idea of outsourcing your memory to technology has been a science fiction trope for decades, but two former Harvard students believe they can make it an everyday reality.

Benzinga

Thousands Of Tesla EVs Can Be Located In Real Time, Security Researcher Finds

TeslaMate dashboards that were likely made public by mistake could be accessed without a password.

InsideEVs

Uber Freight CEO Lior Ron Leaves $5.1B Unit For Waabi's AI-First Driverless Trucks: 'Most Positioned To Lead The Transformation'

Uber Freight founder and CEO Lior Ron is leaving the top job to become chief operating officer at self-driving truck startup Waabi, Bloomberg reports.

Benzinga

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Thousands of users’ personal data — including their IDs — were leaked from a popular male revenge dating app

A widely downloaded new app invites men to review the women they’ve dated, and asks for photo ID to verify their identity. What could possibly go wrong?

The Independent UK

Former Google Employees' AI Startup OpenArt Raises $5 Million As 6M Users Create 'Brainrot' Videos In Just One Click

OpenArt, founded in 2022 by two former Google employees, now powers a viral AI craze that transforms wild ideas, such as a shark wearing sneakers or a ballerina with a cappuccino head, into "brainrot" videos with a single click, and the platform already has roughly 6 million monthly active users,…

Benzinga

Bill Gates, Reid Hoffman‑Backed iRocket Will Go Public In $400M SPAC Deal With Wilbur Ross's Firm–Shockwave Rocket Sets 2027 Launch

In a move that feels like science fiction come to life, Innovative Rocket Technologies Inc., the small New York launch startup backed by Bill Gates, Reid Hoffman, and Eric Schmidt through Village Global, announced on June 2 that it is gearing up for a $400 million special purpose acquisition company merger…

Benzinga

'Amazon, It Has A Lot Of Strategic Value For Us' — Lumotive Scores $59M With Backing From Amazon, Oman's ITHCA Group

When Amazon (NASDAQ:AMZN) writes a check to a startup, headlines follow. The excitement rises further when Bill Gates' Gates Frontier investment arm is already on the cap table.

Benzinga

From Meta's $800 Million Offer To LG Deal: How FuriosaAI Became South Korea's AI Chip Disruptor

South Korean AI chip startup FuriosaAI turned down a reported $800 million acquisition offer from Meta (NASDAQ:META) in order to remain independent and build its own AI hardware mission‑driven business, TechCrunch reports.

Benzinga

Google confirms the UK has not asked it to weaken encryption with a backdoor – unlike Apple

Google has just confirmed that the UK hasn't asked it to weaken its end-to-end encryption by installing a backdoor. Apple wasn't so lucky, though.

TechRadar

Tech CEO Stunned to Learn 'Impressive' Software Engineer Is Working Remotely — From Prison

A tech CEO was stunned to learn his 'impressive' new software engineer, Preston Thorpe, was working remotely from prison.

International Business Times UK

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Benzinga

Meet Bee: The $49 AI Wearable Amazon Just Bought That Hears Everything You Say

Amazon (NASDAQ:AMZN) has agreed to acquire Bee, a San Francisco startup behind a $49.99 AI wristband that listens to conversations, transcribes speech, and generates personalized reminders, summaries, and to-do lists, according to media reports.

Benzinga

Microsoft Is Betting Big On A Startup That Injects Human And Animal Waste Into Rocks To Offset 14.9M Tons Of Emissions

Microsoft (NASDAQ:MSFT) is under pressure to deliver on its ambitious climate pledge, and it’s now placing a massive bet on a startup that literally buries waste to fight carbon pollution. Carbon removal startup Vaulted Deep on July 17 announced a 12-year agreement with the tech giant to permanently eliminate 4.9…

Benzinga

Amazon Buys Into AI Wearables: Meet Bee, The Company That Listens And Records Your Conversations

Ecommerce giant Amazon.com Inc. (NASDAQ:AMZN) is buying an AI-related wearable company in its latest push for growth in the artificial intelligence sector.

InsideEVs

Faraday Future's Latest Plan: Sell This China-Style ‘AI EV' Van To Celebrities

The company revealed its most ambitious product just days after the SEC warned its executives about an upcoming enforcement action.

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Benzinga

OpenAI Hires Entire Team From AI Startup Backed By Shopify And Radical Ventures 'To Ensure AGI Benefits All Of Humanity'

After raising more than $13.5 million and spending eight years building personalized AI shopping technology, the entire team behind startup Crossing Minds is now joining OpenAI, TechCrunch reports.

Benzinga

Rivian CEO Joins Bezos & Gates Divorce Club—Voting Power Slashed Before R2 Debut

Rivian Automotive (NASDAQ:RIVN) ownership looks different going forward as the company's founder RJ Scaringe had to transfer part of his stake in the electric vehicle company as part of a divorce settlement.

Benzinga

Peter Thiel-Linked GPx Targets $500 Million To Reinvent VC With Fund-Of-Funds Twist, Backing Early-Stage Stars Into Series B: Report

Former Founders Fund general partner Brian Singerman and Quiet Capital co-founder Lee Linden are reportedly raising over $500 million for GPx, a new venture capital fund that combines traditional investing with fund-of-funds elements.

Benzinga

How 1 Rocket Engineer's Vegetarian Engine Could Capture 99% Of CO2 Emissions

Carbon removal buyer coalition Frontier has committed $41 million to climate tech startup Arbor Energy to scale a rocket-inspired biomass power plant that captures 99% of its carbon emissions. Frontier announced last week that the deal will support Arbor's first commercial facility in southern Louisiana and aims to remove 116,000…

Benzinga

OpenAI Postpones Open Model Release Indefinitely: 'We Need Time,' Says Sam Altman

OpenAI CEO Sam Altman announced on Friday that the company is delaying the release of its open model, which had already been postponed earlier this summer.

Benzinga

'Success Is Not Guaranteed' — Biographer Keach Hagey Says Sam Altman's Future At OpenAI Hangs On A Deal-Maker's Luck And Instability

"Success is not guaranteed," Wall Street Journal reporter Keach Hagey told TechCrunch in an interview last month. Her recently released biography, "The Optimist," tracks Sam Altman from St. Louis coder to OpenAI CEO.

Benzinga

Forget Big Tech: This VC Is Betting $100M on AI That Serves 30M Neglected Small Businesses

Artificial intelligence is poised to transform labor-heavy industries such as consulting, accounting, and legal services—sectors worth an estimated $5 trillion globally—by enabling software-like margins and reducing dependence on human labor, Mayfield Managing Director Navin Chaddha told TechCrunch.

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