Terra One's $7.5m deck| TechCrunch

Terra One aims to reduce the quantity of clean energy created significantly and then lost from the German grid owing to a lack of storage capacity. Lacking storage capacity is an entirely pressing need and one desperate for solutions, so it’s great to see companies thinking up ways to fix …...Read More

Disrupt 2024 early-bird tickets fly away next Friday

TechCrunch Disrupt takes place on October 28–30 in San Francisco. While the event is a few months away, the deadline to secure your early-bird tickets and save up to $800 is fast approaching. You have until May 31 at 11:59 p.m. PT to take advantage of this great deal! The …...Read More

Women in AI: Chinasa T. Okolo researches AI's impact on the Global South

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch has been publishing a series of interviews focused on remarkable women who’ve contributed to the AI revolution. We’re publishing these pieces throughout the year as the AI boom continues, highlighting key work …...Read More

Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns

Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 billion valuation; Scale AI, a data-labeling platform for machine learning models, secured $1 billion as its valuation nearly doubled to $13.8 billion; …...Read More

Harlem Capital is raising a $150 million fund

Harlem Capital is raising a $150 million fund, according to documents filed with the SEC. If raised, this new fund, the firm’s third, would be its largest to date. In 2021, Harlem Capital raised an oversubscribed $134 million, much more than the $40 million it raised for its inaugural fund …...Read More

US drug maker Cencora says Americans' health information stolen in data breach

U.S. drug maker Cencora says it is notifying affected individuals that their personal and highly sensitive medical information was stolen during a cyberattack and data breach earlier this year. In letters to affected individuals sent out this week, Cencora said that the data from its systems includes patient names, their …...Read More

Last day to vote for TC Disrupt 2024 Audience Choice program

Attention, tech enthusiasts and startup supporters! The final countdown is here: Today is the last day to cast your vote for the TechCrunch Disrupt 2024 Audience Choice program. Voting closes tonight at 11:59 p.m. PT, so this is your last chance to make your voice heard and help select the …...Read More

Signal's Meredith Whittaker on the Telegram security clash and the “edge lords” at OpenAI

Meredith Whittaker has had it with the “frat house” contingent of the tech industry. I sat down with the CEO of Signal at VivaTech in Paris to go over the wide range of serious, grown-up issues society is facing, from disinformation, to who controls AI, to the encroaching surveillance state. …...Read More

Lucid Motors slashes 400 jobs ahead of crucial SUV launch

Lucid Motors is laying off about 400 employees, or roughly 6% of its workforce, as part of a restructuring ahead of the launch of its first electric SUV later this year. The company said in a regulatory filing on Friday morning that it expects to complete the restructuring by the …...Read More

Google invests $350 million in India's Flipkart

Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Indian e-commerce startup. The Android-maker will also provide the Bengaluru-headquartered e-commerce startup with cloud offerings as part of the deal. The investment is part of a nearly $1 billion funding round, much of which …...Read More