On November 15, Peter Wang posted a message requesting ideas for a new incubator and fund to support experimental projects built on the burgeoning Bluesky/AT Protocol ecosystem. Four weeks later, Skyseed emerged with an initial commitment of $1 million. This turnaround, a speed underscored by the fact that the fund …...Read More
Meet Skyseed, a VC fund and incubator backing the Bluesky and AT Protocol ecosystem
EV startup Canoo places remaining employees on a ‘mandatory unpaid break’
Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch. The company told employees they are being locked out of Canoo’s systems at the end of the …...Read More
After causing outrage on the first day of Y Combinator, AI code editor PearAI lands $1M seed
On the first day of Y Combinator’s winter 2024 session — right after orientation and a photo in front of the YC sign — the founders of PearAI got “canceled,” as founder Nang Ang described it to TechCrunch, receiving an outpouring of online hate. But they survived and graduated the …...Read More
Feds clear the way for robotaxis without steering wheels and pedals
The National Highway Traffic Safety Administration (NHTSA) on Friday proposed a new national framework that could make it easier for companies to deploy at scale autonomous vehicles without traditional manual driving controls — like steering wheels, pedals, and sideview mirrors. The guidelines also require AV companies to share a whole …...Read More
VCs pledge not to take money from Russia or China, and Databricks raises a humongous round
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 was full of news, likely because it is also the last “real” week of 2024. Which is another way for …...Read More
Google is expanding Gemini's in-depth research mode to 40 languages
Google said Friday that the company is expanding Gemini’s latest in-depth research mode to 40 more languages. The company launched the in-depth research mode earlier this month, allowing Google One AI premium plan users to unlock an AI-powered research assistant of sorts. The in-depth function works in a multi-step method, …...Read More
Here’s the full list of 49 US AI startups that have raised $100M or more in 2024
For some, AI fatigue is real. But clearly venture investors haven’t grown tired of the category. AI deals continued to dominate venture funding during the third quarter. AI companies raised $19 billion in Q3, according to Crunchbase data. That figure represents 28% of all venture funding. The fourth quarter of …...Read More
OpenAI announces new o3 models
OpenAI saved its biggest announcement for the last day of its 12-day “shipmas” event. On Friday, the company unveiled o3, the successor to the o1 “reasoning” model it released earlier in the year. o3 is a model family, to be more precise — as was the case with o1. There’s …...Read More
Swizzle Ventures raises $5M for inaugural fund addressing women's health and wealth
There is a new venture fund in town. Swizzle Ventures, founded by Jessica Kamada, former COO of the marketing agency Bamboo, has raised just over $5 million for its Fund I, according to an SEC filing. There was no target raise amount. The firm, which quietly opened in 2023, is …...Read More
Rivian executives accused of harassment in previously unreported lawsuits
Four employees have sued Rivian in separate lawsuits this year over allegations they were harassed, in some cases by top executives, and that the company’s leadership did little to address their concerns, according to a TechCrunch review of court records. Rivian has also reached settlements in three other harassment and …...Read More
