A startup, Everand, is now bundling e-books, audiobooks, and book clubs in challenge to Amazon

A new reading subscription from Everand offers access to both e-books and audiobooks, and Fable’s book club community.

Ex-Anduril engineer raises $42M to build the Amazon of composite parts

Layup Parts co-founder Zack Eakin has drawn on a motorsports background, and his experience working for Palmer Luckey and Elon Musk, to tackle making faster, cheaper, and better composites.

Focused Energy raises whopping $240M Series A for laser-powered fusion tech

Another fusion startup has raised another a massive round to make this type of power a reality.

Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year

In a wild ride for 22-year-old founder and CEO Ethan Thornton, Mach Industries has raised another $300 million. It already has five autonomous vehicles in development and completed a major acquisition.

Revolut rolls out services to thousands of users in India ahead of broader launch

The British fintech has built a waitlist of about 450,000 users in India as it prepares for a broader launch.

Unastella, a South Korean rocket startup that launched from home, raises $24M

The Seoul-based rocket startup is developing its own launch vehicles and engines.

Making sense of the debate over AI psychosis

On the latest episode of Equity, we debate whether tech CEOs are “uniquely prone to AI psychosis.”

Black founders raise highest amount of quarterly funding since 2022, but there’s a catch

Speaking to TechCrunch, Crunchbase’s head of research Gené Teare, said the factors holding back Black founders include “access to networks, relationships, and early introductions.”

After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M

Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios. 

Cognition’s Scott Wu says AI coding agents shouldn’t replace humans

Cognition makes Devin, the first and arguably most successful AI coding agent. But famed coder Wu says it isn’t designed to supplant human programmers.