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The Latest Breaking News from TechCrunch

Harvard Law Student Mark Lee Ditches Legal Career To Build $90M AI Company Fighting $3 Trillion Counterfeit Industry

Mark Lee once sat in a Harvard trademark class and learned that counterfeiting amounted to more than $3 trillion a year, roughly 8% of global trade, with the illicit market growing about 20% annually during the COVID-19 pandemic, powered by marketplaces and social media.

Scale AI Rival Micro1 Hits $50M Revenue At Age 3 As 24-Year-Old CEO Ali Ansari Lands $35M From Twitter's Ex-Executives

Scale AI Rival Micro1 Hits $50M Revenue At Age 3 As 24-Year-Old CEO Ali Ansari Lands $35M From Twitter's Ex-Executives

Micro1 announced late last week that it secured a $35 million Series A round that valued the company at $500 million, with 24-year-old CEO Ali Ansari leading the startup. The funding was led by 01 Advisors, a venture capital firm co-founded by former Twitter CEO Dick Costolo and former Twitter…

Amazon-Funded Startup Wants To Use AI To Recreate Orson Welles' Lost Film Footage Despite Family Opposition

Amazon-Funded Startup Wants To Use AI To Recreate Orson Welles' Lost Film Footage Despite Family Opposition

Artificial intelligence has fueled countless breakthroughs in entertainment, but few projects have sparked as much debate as Fable's newest plan.

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BlackRock-Backed Minute Media Buys $250M Indian AI Startup That Turns Sports Into Instant Viral Content

Media startup Minute Media, backed by BlackRock (NYSE:BLK) and Goldman Sachs (NYSE:GS) is betting big on that trend with its Sept. 9 acquisition of VideoVerse, an Indian AI company valued between $200 million and $250 million.

Harvard Dropouts Behind Mercor Target $10 Billion Valuation As Startup Supplying OpenAI, Tesla And Nvidia Hits $450 Million Run Rate

Mercor, a startup connecting domain experts to technology giants like OpenAI, Meta (NASDAQ:META), and Tesla (NASDAQ:TSLA), is in discussions with investors for a Series C round that could value the company at more than $10 billion, according to TechCrunch.

Berlin Gaming Startup Born Raises $15M From Tencent, Accel To Combat Loneliness With AI 'Friends' That 15M Users Love

A virtual pet that only comes alive when two people raise it together is at the center of a growing AI movement out of Berlin.

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.

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

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.

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

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.

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

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

Flaw reportedly required no interaction from the victim.

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

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.

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

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.

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

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.

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

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

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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,…

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…

'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.

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.

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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.

International Business Times UK

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.

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.

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…

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.

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.

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.

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