Insurance startup Corgi hits $1.3B valuation 4 months after its Series A

Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion.

Microsoft’s AI data center push is colliding with its clean power goals

The push for new data centers at Microsoft is putting its key clean power goals at risk.

Is xAI a neocloud now?

xAI’s real business may be more about building data centers than training AI models. 

Barry Diller trusts Sam Altman. But ‘trust is irrelevant’ as AGI nears, he says.

Barry Diller defended OpenAI CEO Sam Altman, while warning that AGI remains an unpredictable force needing guardrails.

Snap says its $400M deal with Perplexity ‘amicably ended’

The deal, announced last November, would have seen Perplexity’s AI search engine integrated directly into Snapchat.

Five architects of the AI economy explain where the wheels are coming off

Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Global Conference in Beverly Hills, where they talked with TechCrunch about everything from chip shortages to orbital data centers to the possibility that the whole architecture that undergirds the tech is wrong.

A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom

The investment comes as Pronto scales to 26,000 daily bookings and the market heads toward a potential $18 billion size.

Spotify’s AI DJ now supports French, German, Italian and Brazilian Portuguese

Spotify’s AI DJ feature now supports French, German, Italian, and Brazilian Portuguese.

Google updates AI search to include quotes from Reddit and other sources

While citing web forums and discussion boards can help users find answers to more niche queries, this design choice could also prove chaotic.

Khosla-backed robotics startup Genesis AI has gone full stack, demo shows

Genesis AI, a startup that raised a $105 million seed round to build foundational AI for robotics, has unveiled its first model, GENE-26.5, but also a demo showcasing a set of robotic hands performing complex tasks.