Archive snapshot · Startups
Tue, Aug 25, 8:11 PM ET
OpenAI's Jalapeño AI chip benchmarks show fast inference at scale
OpenAI's in-house inference chip outperforms state-of-the-art on tokens per user and throughput per kilowatt.
TechCrunch
Apple debuts M5 Ultra and M6 chips, updates Mac Mini and Mac Studio
Apple unveils its most powerful chips yet alongside refreshed Mac Mini starting at $899.
TechCrunch · +1 outlets
Hugging Face reportedly in talks to be acquired for $13B
The AI community platform has fielded offers valuing it around $13 billion, though founder hesitation around community responsibility may complicate a sale.
Venture Capital News · +2 outlets
Self-driving truck startup Gatik raises $200M led by Qatar Investment Authority and Koch Disruptive Technologies
Gatik's largest funding round to date follows a key deal with PepsiCo.
TechCrunch · +1 outlets
General Intuition in talks to raise at $6B valuation, backed by Valor and Point72, pushes into robotics
The AI foundation model startup targeting generalized movement agents is attracting major new investors.
Venture Capital News
Perplexity partners with Nvidia to launch Portable Computer, a fully local AI agent
Perplexity's agentic platform runs entirely on local hardware starting with Nvidia's DGX Spark, eliminating token costs.
VentureBeat · +1 outlets
Situational Awareness AI hedge fund probed by SEC after near implosion
The star AI hedge fund that went from Wall Street darling to internal turmoil is now facing federal subpoenas.
TechCrunch
Oura reportedly eyeing September IPO at valuation north of $16B
The smart ring maker's long-anticipated public listing could come with a valuation significantly higher than its last private round.
TechCrunch
Trump bought SpaceX shares two weeks after blockbuster IPO
The president purchased SpaceX stock at mid-$150 range; shares have since fallen back to the IPO price of $135.
TechCrunch · +1 outlets
Gamma acquires Accel-backed design startup Lica
Lica's co-founders will join Gamma's new research team following the acquisition.
TechCrunch
Accel-backed Keenable exits stealth with $26M seed round, building web search index for AI agents
Keenable is indexing the web specifically for AI agent consumption.
TechCrunch
Pacific Fusion breaks ground on demonstration facility in New Mexico
The fusion startup's next machine aims to generate enough energy to power itself, a key milestone toward commercial fusion.
TechCrunch · +1 outlets
Revolut launches AI research unit to build proprietary models
The fintech giant is building its AI stack in-house rather than relying on third parties.
Sifted · +1 outlets
Anthropic's Claude Tag update lets its Slack agent read full conversations and jump in unprompted
Anthropic bets that the enterprise AI bottleneck is not model intelligence but how people use AI alone.
VentureBeat
Fitbit founders launch Luffu Link, an LTE health and safety band
The new wearable combines health sensing, voice logging, and location awareness without needing a phone nearby.
TechCrunch · +1 outlets
India's Airbound raises $37M for rocket-like drones to take on trucks
Airbound's ultra-lightweight drone delivery approach attracts backing from Greenoaks, DoorDash, and Lachy Groom.
TechCrunch · +1 outlets
Zillow and Redfin settle FTC antitrust case
The settlement requires Redfin to reenter the rental advertising business.
TechCrunch
Apple rescinds plan to drop Hide My Email iCloud.com domain
Apple will continue using its icloud.com domain for the email privacy feature after previously planning to discontinue it.
TechCrunch

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