Startup
11 articles

Databricks former AI chief claims 1000x AI power cut
A startup founded by former Databricks AI chief Naveen Rao, Unconventional AI, has secured $475 million in seed funding, achieving a $4.5 billion valuation. The company claims its novel architecture can slash AI inference power by 1,000 times.

Save 30% on TechCrunch Founder Summit 2026 Passes for Groups
Founders can save up to $190 on their pass to the TechCrunch Founder Summit 2026, but this opportunity vanishes in just four days.

Former OpenAI Staff Launch AI Recall Site for Digital Identity
Celebrities like Macaulay Culkin and Luciano Pavarotti currently rank highest on In the Weights, a new free tool measuring how strongly AI models recall information about a person.

Allbirds rebrands to Smartbird, new CEO unveils AI plan
Allbirds, once synonymous with sustainable wool sneakers, sold its entire shoe business for $43 million before rebranding as an artificial intelligence firm.

Elastic acquires DeductiveAI for up to $85 million
Elastic has agreed to acquire AI site reliability engineering startup DeductiveAI for up to $85 million, a staggering 85 times its current $1 million annual recurring revenue, according to TechCrunch

Andrew Yang's Noble Mobile Serves Thousands, Generates Millions
Andrew Yang's new mobile carrier, Noble Mobile, has already amassed 'thousands and thousands' of customers and is generating 'millions in revenue' by refunding users for data they don't use.

Theker raises $85M for its adaptable, non-specialized factory robot
Theker, a Spanish startup, just secured US$85 million in Series A funding, marking the largest investment ever for a European robotics company, according to Essential Business .

Anthropic CEO Dario Amodei Has Just One Direct Report
At Anthropic, an AI powerhouse valued in the tens of billions, CEO Dario Amodei directly supervises only one employee: his chief of staff, Avital Balwit, according to Inc .

Indistract Launcher Helps Users Disconnect With Radical Simplicity
One user of the Olauncher app reported cutting their phone use in half by simply changing their home screen, according to olauncher.

Groq seeks $650M in funding to accelerate AI inferencing
AI chip startup Groq is seeking to raise up to $650 million from existing investors, despite reports of a massive future payout, to fund its aggressive expansion into AI inferencing.

Startup Battlefield 200 applications close May 27
A single application submitted by May 27 could unlock $100,000 in equity-free funding and a global spotlight for an early-stage startup.