The Latest
Fintech
Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale
6 mins ago
Since fintech startup Brex’s inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs. But starting today, the pair told TechCrunch in an…
Hiya, folks, and welcome to TechCrunch’s regular AI newsletter. This week in AI, Apple stole the spotlight. At the company’s Worldwide Developers Conference (WWDC) in Cupertino, Apple unveiled Apple Intelligence,…
360 One WAM, India’s largest wealth manager focused on ultra-high-net-worth individuals, has agreed to acquire popular Indian mutual fund investment app ET Money for about $44 million. 360 One disclosed…
Helen Toner, a former OpenAI board member and the director of strategy at Georgetown’s Center for Security and Emerging Technology, is worried Congress might react in a “knee-jerk” way where…
Social
TechCrunch Minute: Apple’s Genmoji will let you generate infinitely customizable emojis
9:00 AM PDT • June 12, 2024
One of the many new features that Apple announced earlier this week under the broad umbrella of Apple Intelligence is something it calls Genmoji, which…
TechCrunch Disrupt 2024
Layoffs Got You Down? Get a Half-Price Expo+ Pass at Disrupt 2024
2 hours ago
Layoffs are tough. This year alone, we’ve already seen 60,000 job cuts across 254 companies according to layoffs.fyi. Looking for ways to grow your network can be even harder during…
Venture
NEA’s Vanessa Larco says generative AI will change the SaaS pricing model – and that’s a good thing
8:45 AM PDT • June 12, 2024
Vanessa Larco, general partner at New Enterprise Associates (NEA), believes that Generative AI’s impact on the world of SaaS could be huge. The investor joined…
YouTube announced this week the rollout of “Thumbnail Test & Compare,” a new tool for creators to see which thumbnail performs the best. The feature first launched to select creators…
Waymo has voluntarily issued a software recall to all 672 of its Jaguar I-Pace robotaxis after one of them collided with a telephone pole. This is Waymo’s second recall. The…
Enterprise
Insight Partners backs Canary Technologies’ mission to elevate hotel guest experiences
4 hours ago
The hotel guest management technology company’s platform digitizes the hotel guest journey from post-booking through checkout.
Where we’ll be next
Oct 28th
TechCrunch Disrupt 2024
San Francisco, CA
AI
Here’s everything Apple announced at the WWDC 2024 keynote, including Apple Intelligence, Siri makeover
5 hours ago
The TechCrunch team runs down all of the biggest news from the Apple WWDC 2024 keynote in an easy-to-skim digest.
Fintech
Lightspeed Venture Partners leads $4.3M seed in automated financial reporting fintech InScope
5 hours ago
InScope leverages machine learning and large language models to provide financial reporting and auditing processes for mid-market and enterprises.
A big shoutout to the early-stage founders who missed the application window for the Startup Battlefield 200 (SB 200) at TechCrunch Disrupt. We have exciting news just for you! You…
A year ago, Databricks acquired MosaicML for $1.3 billion. Now rebranded as Mosaic AI, the platform has become integral to Databricks’ AI solutions. Today, at the company’s Data + AI…
Commerce
YC grad RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions
5 hours ago
RetailReady targets the $40 billion compliance market to help reduce the number of retail compliance losses that shippers incur annually due to incorrectly shipped packages.
Enterprise
Databricks launches LakeFlow to help its customers build their data pipelines
5 hours ago
Since its launch in 2013, Databricks has relied on its ecosystem of partners, such as Fivetran, Rudderstack, and dbt, to provide tools for data preparation and loading. But now, at…
Venture
Foresite Capital raises $900M sixth fund for investing in life sciences companies
5 hours ago
Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 M&As and…
When one of the co-creators of the popular open source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of…
Climate
Civic Renewables is rolling up residential solar installers to improve quality and grow the market
7 hours ago
With most residential solar panels installed by smaller companies, customer experience can be a mixed bag. To try to address the quality and consistency problem, Civic Renewables is buying small…
Venture
Friends & Family Capital, a fund founded by ex-Palantir CFO and son of IVP’s founder, unveils third $118M fund
7 hours ago
Small VC firms require deep trust, mutual support and long-term commitment among the partners — a kinship that, in many ways, resembles a family dynamic. Colin Anderson (Palantir’s ex-CFO and…
