Elon Musk’s SpaceX might invest $2 billion in Musk’s xAI
One Elon Musk business might be making a big investment in another.
Venture
UK launches £500 package to support diverse, underrepresented investors and founders
The British Business Bank, owned by the UK government, is creating a £500 million (around $674 million) economic package to help support diverse and underrepresented fund managers and founders in the country. Fifty million pounds will be set aside for female-led venture funds, which means the BBB has now committed at least £100 million (around […]
The countdown’s almost over: 2 days until TechCrunch All Stage 2025 kicks off in Boston
TechCrunch All Stage 2025 is almost here — In 2 days, the doors swing open at Boston’s SoWa Power Station. If you’re a founder or investor, this is your last shot to lock in the lowest ticket prices before they vanish at the door. This isn’t your average startup conference. TC All Stage is where […]
Marc Andreessen reportedly told group chat that universities will ‘pay the price’ for DEI
Venture capitalist Marc Andreessen sharply criticized universities including Stanford and MIT, along with the National Science Foundation, in a group chat with AI scientists and Trump administration officials, according to screenshots viewed by the Washington Post.
Just 3 days left to save before TechCrunch All Stage 2025 lights up Boston
In only 3 days, founders, investors, and operators will flood into the SoWa Power Station in Boston for TechCrunch All Stage 2025 — and if you haven’t grabbed your pass yet, this is your final window to lock in the lowest prices available and save up to $475. Whether you’re a first-time founder or a […]
Sequoia bets on silence
There is a time-honored crisis management strategy, wherein one says nothing and waits for the outrage to pass. For Sequoia Capital, the strategy worked pretty well this week. While partner Shaun Maguire initially weathered criticism over an inflammatory social media post, that initial indignation cooled quickly. Now, some seem to think that Maguire’s defiant stance […]
AI leadership development platform Praxis Labs sells to Torch
Praxis Labs, a learning development platform, announced its acquisition on Thursday for an undisclosed amount by the leadership and coaching enterprise Torch. “As a small company with fewer than 20 people serving companies as large as Amazon, we knew we needed to build powerful partnerships, across product and go-to-market, to reach more companies,” co-founder and […]
Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself
Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I. Smith launched her eponymous fund in 2022 and is a solo GP. She said she’s “stunned” by what AI can unlock for firms like hers, solo and next-generation. “I can’t imagine doing […]
Medium’s CEO explains what it took to stop losing $2.6M monthly
Medium CEO Tony Stubblebine announced on Friday that the publishing platform has remained profitable since August of last year, when it first achieved this milestone. In a post, Stubblebine detailed what it took to achieve this goal, which involved a combination of product changes, an investor restructuring, renegotiated loans, unloading office space, layoffs, and other […]
Just 4 days until TechCrunch All Stage kicks off in Boston — and the lowest ticket prices vanish
Time’s running out. In just four days, TechCrunch All Stage 2025 touches down at Boston’s SoWa Power Station on July 15 — and your chance to lock in savings of up to $475 disappears. This one-day summit isn’t built for spectators. It’s designed for the doers — the founders, builders, and backers who are shaping […]