1 hour ago DK Metcalf, Davante Adams deals predicted to push $80M weapon to Chargers' Justin Herbert

DK Metcalf, Davante Adams deals predicted to push $80M weapon to Chargers' Justin Herbert  Sports Illustrated

Economics

4 h. ago Nirvana keeps on truckin’ with $80M at a $830M valuation for its AI

As the U.S. trucking industry gears up for the negative impacts of new Trump tariffs on goods from Mexico and Canada, a startup building a new kind of trucking insurance — a critical cost for truck drivers — has raised some money to grow, and (it hopes) help truckers weather the changes. Nirvana, an AI-based […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

4 h. ago Nirvana keeps on truckin’ with $80M at $830M valuation for its AI

As the U.S. trucking industry gears up for the negative impacts of U.S. President Donald Trump’s new tariffs on goods imported from Mexico and Canada, a startup building a new kind of trucking insurance has raised some money to grow and help truckers weather the changes. Nirvana, an AI-based insurance platform that uses real-time driving […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

4 h. ago Famous Seattle studio where Nirvana recorded 'Bleach' changes hands

Famous Seattle studio where Nirvana recorded 'Bleach' changes hands  The Seattle Times

Politics

64 h. ago Cursor in talks to raise at a $10B valuation as AI coding sector booms

Investor interest in AI coding assistants is exploding. Anysphere, the developer of AI-powered coding assistant Cursor, is in talks with venture capitalists to raise capital at a valuation of nearly $10 billion, Bloomberg reported. The round, if it transpires, would come about three months after Anysphere completed its previous fundraise of $100 million at a […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

3 d. ago Shield AI raises $240M at a $5.3B valuation to commercialize its AI drone tech

Shield AI is now one of the U.S.'s biggest defense tech startups by valuation, raising $240 million at a $5.3 billion valuation in its latest round. © 2024 TechCrunch. All rights reserved. For personal use only.

Events

4 d. ago New York City denied request FEMA return $80M in migrant funds

A federal judge blocked New York City’s request for President Donald Trump’s administration to return $80 million in FEMA funds allocated for migrant shelters and services.

Events

4 d. ago Turing, a key coding provider for OpenAI and other LLM producers, raises $111M at a $2.2B valuation

As AI companies race to improve the accuracy of Large Language Models and apps built on top of them, a startup that has emerged as a key partner in fulfilling that effort is announcing a significant round of funding to expand. Turing, which works with armies of engineers to contribute code to AI projects — […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

5 d. ago Flex, a Brex for business owners, has raised $25M at a $250M valuation

Flex, which offers personal finance software and payments infrastructure for business owners, has raised $25 million in equity funding while securing a $200 million credit facility, it told TechCrunch exclusively. The equity funds were raised at a valuation of “just under $250 million.” The company last raised a $20 million Series A announced in September […] © 2024 TechCrunch. All rights reserved. For personal use only.

Economics

5 d. ago Quantexa nabs $175M at a $2.6B valuation to double down on data analytics for AI

London startup Quantexa has made its name over the years with an enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, it is announcing new funding of $175 million to double down on that business while also moving deeper into another hot area: using its technology to help organizations […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

5 d. ago Quantexa nabs $175M at $2.6B valuation to double down on data analytics for AI

British startup Quantexa has made a name for itself over the years with its enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, the company said it has raised a fresh $175 million to double down on that business and move deeper into another hot area: helping organizations understand […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

6 d. ago Pentagon Announces DOGE Team Has Found $80M in DEI, Other Wasteful Spending

Chief Pentagon Spokesman Sean Parnell announced Monday evening that the DOGE team at the department has identified about $80 million in spending on diversity, equity, and inclusion that will likely be cut. The post Pentagon Announces DOGE Team Has Found $80M in DEI, Other Wasteful Spending appeared first on Breitbart.

Economics

6 d. ago DOGE initial findings on Defense Department DEI spending could save $80M, agency says

Around $80 million in savings will most likely be found and cut by the Department of Government Efficiency (DOGE), the Defense Department said.

Politics

7 d. ago Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale

Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures and Definition Capital bought the secondaries from employees and early investors. […] © 2024 TechCrunch. All rights reserved. For personal use only.

Economics

9 d. ago What is Mistral AI? Everything to know about the OpenAI competitor

Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of France’s most promising tech startups and is arguably the only European company that could compete with OpenAI. But compared to its $6 billion valuation, its global market share is still relatively low.  However, the recent […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

1 week ago Stripe finalizes tender sale at a $91.5B valuation, says payment volumes grew to $1.4T in 2024

Digital payments platform has yet to lay out plans to go public, but in the meantime the company has thrown past and present employees a line for some liquidity. The company on Thursday confirmed a tender offer where investors will buy up shares from those employees at a valuation of $91.5 billion. Stripe said it […] © 2024 TechCrunch. All rights reserved. For personal use only.

Economics

1 week ago Commercetools, a pioneer in ‘headless commerce’, lays off dozens of staff

Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at whopping $1.9 billion valuation as the world went shopping online in the wake of the Covid-19 pandemic, and businesses rushed to improve their e-commerce operations. […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

2 w. ago NYC sues after Trump admin claws back $80M migrant housing grant

The Eric Adams administration filed a lawsuit against the Trump administration on Friday seeking to claw back more than $80 million previously sent to the city to house migrants.

Politics

2 w. ago San Francisco 49ers Weigh Stake Sale at $9 Billion Valuation

San Francisco 49ers Weigh Stake Sale at $9 Billion Valuation  Bloomberg

Economics

2 w. ago San Francisco 49ers explore 10% minority stake sale at about $9 billion valuation

San Francisco 49ers explore 10% minority stake sale at about $9 billion valuation  CNBC

Economics