Tag Archives: TechCrunch

a16z-backed fintech Synapse lays off 40% of its staff

Banking-as-a-service startup Synapse confirmed today that it has laid off 86 people, or about 40% of the company. The San Francisco-based company, which operates a platform enabling banks and fintech companies to easily develop financial services, has been open about … Continue reading

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EV buyers can soon get the $7,500 tax credit at time of purchase

Starting in January, the IRS will make the $7,500 federal EV tax credit available immediately via dealers. The Treasury Department announced the update on Friday, noting that dealers will have the option to “reduce the purchase price of the vehicle … Continue reading

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Electric seaglider startup Regent takes flight with $60M in new funding

The promise of electric aviation has been weighed down by the limited range of batteries and the long certification process. Regent co-founder and CEO Billy Thalheimer, who previously worked at Aurora Flight Sciences, has looked to maritime — and more … Continue reading

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OpenAI said to be considering developing its own AI chips

OpenAI, one of the best-funded AI startups in business, is exploring making its own AI chips. Discussions of AI chip strategies within the company have been ongoing since at least last year, according to Reuters, as the shortage of chips … Continue reading

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Pack away your mittens, startup winter is over

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. As I sat down to write this week’s Startups Weekly, I do what I do every week: Read every story on TechCrunch. This week, that … Continue reading

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TechCrunch+ Roundup: AI investor survey, calculating TAM, inside the FTX trial

If you haven’t found traction with customers and aren’t generating revenue, you should be in fundraising mode already.

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SBF Trial: The latest updates from the FTX collapse’s courtroom drama

Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, is on trial for alleged fraud and conspiracy as he led the company’s swift rise and implosion. Over the course of several weeks, his attorneys will try to maintain his … Continue reading

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AI app EPIK hits No. 1 on the App Store for its viral yearbook photo feature

Another week, another AI app going viral. This time around, the AI app that has surged to the top of the App Store is EPIK, an photo editing app that lets users generate nostalgic, 90s-inspired “yearbook” photos of themselves as … Continue reading

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Humans can’t resist breaking AI with boobs and 9/11 memes

The AI industry is progressing at a terrifying pace, but no amount of training will ever prepare an AI model to stop people from making it generate images of pregnant Sonic the Hedgehog. In the rush to launch the hottest … Continue reading

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Wisk Aero starts flight testing electric autonomous aircraft in Los Angeles

Electric vertical takeoff and landing vehicle company Wisk Aero has started flight testing a version of its autonomous air taxi aircraft in Los Angeles, according to CEO Brian Yutko. The flight test of its fifth-generation aircraft, also known as Cora, … Continue reading

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