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Elon Musk’s AI company, xAI, is said to be in talks to raise $10 billion in a round that would value xAI at $75 billion. Bloomberg reported Friday that xAI is canvassing existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners for the round, which would bring xAI’s total raised to $22.4 billion, […]
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Meta is forming a new team within its Reality Labs hardware division to build robots that can assist with physical tasks, Bloomberg reported. The team will be responsible for developing humanoid robotics hardware, potentially including hardware that can perform household chores. Meta’s new robotics group, which will be led by Marc Whitten, driverless car startup […]
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week confirmed that even when current events cloud the outlook, some startups still manage to raise significant amounts of funding, with those tied to security and […]
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Back in November, we broke the news that Meta — owner of Facebook, Instagram and WhatsApp, with billions of users accounting for 10% of all fixed and 22% of all mobile traffic — was close to announcing work on a major new, $10 billion+ subsea cable project to connect up the globe. The aim was […]
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Mastodon, the decentralized alternative to X, is going to adopt a controversial feature from the platform formerly known as Twitter: quote posts. The company on Friday shared the progress it’s making on the implementation of the feature, which has divided users over its potential to be used for online abuse and bullying. Critics have long […]
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After users noticed a new button on Instagram to downvote or dislike comments, the company confirmed that it is testing a way for users to signal that they either didn’t like the comment or don’t think it’s relevant. The feature will appear across both Feed posts and Reels. Instagram head Adam Mosseri said in a […]
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AI innovators, this is your moment! Have insights to share with 1,200 AI founders, investors, and enthusiasts eager to push the boundaries of innovation?  Take the stage, shape the AI conversation, and exchange ideas at TechCrunch Sessions: AI on June 5 at UC Berkeley’s Zellerbach Hall!  We’re bringing together top AI minds from the startup […]
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