Tag Archives: TechCrunch

Polestar EV sales jump in Q1 on discounts like its ‘Tesla conquest’ bonus

Swedish electric vehicle maker Polestar saw its first-quarter sales jump 76% compared to the same period in 2024 after it began offering discounts and other promotions, including ones geared towards locking in Tesla owners. Polestar sold 12,304 cars in the … Continue reading

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AI insurtech Ominimo bags its first investment at a $220M valuation

How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well and hiring aggressively? Here’s an answer from one insurance startup out of Poland called Ominimo: … Continue reading

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Revent rocks the boat with a fresh $100M to invest in people and the planet

It would appear the environment and society remain relevant, whatever you might hear in some other quarters. At least, that’s one conclusion to be drawn from the news that European specialist VC Revent has closed a  €100 million ($109 million) … Continue reading

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A fresh $100M rolls into DIG Ventures as it bids to woo early-stage European startups

The number of “operator VCs” — former founders turned VCs — in Europe in recent years. This is common in the U.S., where the majority of VCs are former founders. The reverse is true in Europe, where most come from … Continue reading

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Elon Musk’s AI company, xAI, launches an API for Grok 3

Billionaire Elon Musk might’ve just been countersued by OpenAI. But that isn’t stopping his AI company, xAI, from making its flagship Grok 3 model available via an API. It has been several months since xAI unveiled Grok 3, the company’s … Continue reading

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Wayve’s self-driving tech is headed to Nissan vehicles

Nissan said it will use self-driving software developed by Wayve to beef up its advanced driver assistance system starting in 2027, a landmark deal for the buzzy UK startup that has raised more than $1.3 billion from Nvidia, Microsoft, SoftBank Group, … Continue reading

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How a hydrogen explosion led a teenage founder to become Sequoia’s first defense tech investment

As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus … Continue reading

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Google says it’ll embrace Anthropic’s standard for connecting AI models to data

Just a few weeks after OpenAI said it would adopt rival Anthropic’s standard for connecting AI models to the systems where data resides, Google is following suit. In a post on X on Wednesday, Google DeepMind CEO Demis Hassabis announced … Continue reading

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OpenAI attorneys call for Elon Musk to be enjoined from ‘further unlawful and unfair action’

The dramatic suit between OpenAI and its estranged co-founder, billionaire Elon Musk, shows no sign of letting up. In a filing Wednesday, attorneys for OpenAI and the other defendants in the case, including CEO Sam Altman, called for Musk to … Continue reading

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a16z backs Base Power in $200M round for home backup batteries

The money will fund a rapid expansion, including dozens more megawatt-hours of battery storage and plans for a domestic battery factory.

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