A U.K.-based, open-source startup is launching its first commercial product with the backing of one of Silicon Valley’s most renowned venture capital firms. Pydantic on Monday launched an observability platform called Logfire, five months after trialing it in open beta, and announced $12.5 million in Series A funding led by …
Read More »Invesco raises its valuation of Swiggy to $13.3B
U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food-delivery and quick-commerce startup that is on track to go public in about a month. In a disclosure on Tuesday, Invesco’s Developing Markets Fund said it …
Read More »Cruise gets $1.5 million penalty for keeping pedestrian crash details from safety regulator
General Motors’ self-driving subsidiary Cruise must pay a $1.5 million penalty to the National Highway Traffic Safety Administration, after its initial reports to the safety regulator about last year’s pedestrian crash omitted that the company’s robotaxi dragged the woman 20 feet. The penalty is part of a consent order announced …
Read More »iOS 18 Control Center: 18 apps that add useful actions to your iPhone
Apple’s iOS 18 software update rolled out earlier this month, and it brought significant changes to the iOS Control Center, which provides convenient access to commonly used functions with a simple swipe down on the Home Screen. Now, in addition to the existing controls like Wi-Fi, Bluetooth, Flashlight, and so …
Read More »Tier becomes Dott following the merger of the two micromobility companies
Tier and Dott, two leading European scooter- and bike-sharing services, are becoming one service called Dott. The two startups have already laid out plans to merge and form a single company back in January 2024. With this merger, the companies didn’t want to build a conglomerate of micromobility services; the …
Read More »Anduril speeds up launch of defense payloads by buying Apex satellite buses off the shelf
Anduril is expanding even further into the “ultimate high ground.” The company, which is best known for AI-powered defense products that span air, land and sea, is partnering with satellite bus manufacturing startup Apex Space to rapidly deploy payloads on orbit for the U.S. Department of Defense. It is a …
Read More »After delivering astronauts to ISS, SpaceX’s Falcon 9 grounded after third anomaly in three months
SpaceX’s Falcon 9 rocket is grounded again after the vehicle’s second stage did not come down in the expected area of the ocean, following an otherwise successful mission that delivered a Dragon capsule and its crew to orbit. “We will resume launching once we better understand root cause,” the company …
Read More »TechCrunch Space: The dawn of the space age
Hello and welcome back to TechCrunch Space. Flagging again that the final agenda for the Space Stage at TechCrunch Disrupt is now live. I’ll be pushing this event for the next few weeks, given that we’re just a bit over a month away! We’d love for you to join us. …
Read More »Y Combinator is being criticized after it backed an AI startup that admits it basically cloned another AI startup
A Y Combinator startup named PearAI launched with an X post thread and YouTube video on Saturday and created immediate controversy. And some of that is splashing onto YC itself. PearAI offers an AI coding editor. The startup’s founder Duke Pan has openly said that it’s a cloned copy of …
Read More »Meta won’t say whether it trains AI on smart glasses photos
Meta’s AI-powered Ray-Bans have a discreet camera on the front, for taking photos not just when you ask them to, but also when their AI features trigger it with certain keywords such as “look.” That means the smart glasses collect a ton of photos, both deliberately taken and otherwise. But …
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