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DOJ Probe Into Andreessen Horowitz Board Seats Raises Questions Across Venture Capital

A nearly year-long U.S. Department of Justice investigation into Andreessen Horowitz is drawing attention across the venture capital industry because it reportedly focuses on the firm holding board seats at…

OpenAI Calls for Stronger Safeguards in California’s SB 53 AI Safety Law

OpenAI is urging California lawmakers to strengthen SB 53, the state’s landmark AI safety law, despite having opposed the legislation before it was passed last year. The company now wants…

Letara Raises $16 Million to Expand Hybrid Rocket Systems Into Defense and Launch Markets

Letara has raised ¥2.6 billion, about $16 million, to expand beyond small-satellite thrusters into larger hybrid rocket systems for space, defense, and security applications. The Sapporo-based startup plans to use…

Nvidia Partners With Cloverleaf Infrastructure as It Expands AI Data Center Investments

Nvidia has formed a strategic partnership with Cloverleaf Infrastructure, a company that develops the power and site infrastructure needed for large data centers. The financial terms were not disclosed, but…

Apple Cuts More Than 200 Jobs Across Vision Pro, Siri, and AI Teams

Apple has cut more than 200 jobs across teams working on Vision Pro, Siri, and device-focused AI, according to Bloomberg. About 100 of the affected roles came from the Vision…

TikTok and ByteDance Agree to $400 Million U.S. Settlement Over Children’s Privacy

TikTok and parent company ByteDance have agreed to pay $400 million to settle U.S. allegations that the platform violated federal children’s privacy law. The agreement resolves a Justice Department case…

Nvidia Research Shows AI Agent Harnesses Can Matter More Than Model Choice

Nvidia has published research showing that the software surrounding an AI model can dramatically change how well it performs on long-running autonomous tasks. Using its Agentic Variation Operators, or AVO,…

Tesla Removes Solar Roof From Its Website as Product Appears Discontinued

Tesla appears to have discontinued its Solar Roof product nearly a decade after introducing the integrated solar tiles. Public references to Solar Roof have been removed from Tesla’s website, while…

Waymo Submits Responses to NHTSA in Probe of Robotaxi Crash Involving Child

Waymo has submitted responses to the National Highway Traffic Safety Administration as the agency investigates a January crash in Santa Monica, California, in which one of the company’s robotaxis struck…

Walmart to Add Apple Pay and Google Pay Across U.S. Stores

Walmart will begin accepting Apple Pay and Google Pay at Walmart and Sam’s Club locations in the U.S., ending years of resistance to third-party tap-to-pay services. The rollout starts August…

Starcloud Adds $250 Million to Series A as It Plans Larger Orbital Data Centers

Starcloud has added $250 million to its Series A funding round, bringing the total raised in the round to $420 million and valuing the orbital computing startup at $2.3 billion.…

Tesla Recalls Nearly 3 Million Vehicles in China Over Hidden Emergency Door Releases

Tesla is recalling nearly 3 million vehicles in China as part of a broader safety campaign focused on hidden emergency door releases that can be difficult for occupants to find…

Apollo Global Management Confirms Data Breach After Social Engineering Attack

Apollo Global Management has confirmed a data breach in which hackers stole personal information from the private equity firm’s cloud environment following a social engineering attack. The compromised data included…

Runlayer and Rippling Drop Competing Lawsuits as Rippling Launches MCP Gateway

Runlayer and Rippling have dropped their lawsuits against each other without reaching a settlement or exchanging money, according to court documents reviewed by TechCrunch. Shortly after the cases were dismissed…

Castelion Raises $1 Billion at $13 Billion Valuation to Expand Hypersonic Missile Production

Castelion, a defense technology startup founded by former SpaceX executives, has raised a $1 billion Series C at a $13 billion valuation. Andreessen Horowitz, Carlyle, and JPMorgan Chase co-led the…

Grok Users Report Gibberish Responses From xAI Chatbot

Some Grok users are reporting an unusual bug that causes the xAI chatbot to return long strings of gibberish instead of normal answers. The issue appears to affect only a…

Mayfield Hires Former Cerebras Investor Adit Singh as Infrastructure Partner

Venture capital firm Mayfield has hired Adit Singh as an infrastructure partner, adding an investor with a background in semiconductors, hardware, and early-stage infrastructure companies. Singh previously helped source and…

Ramp Launches Router to Manage AI Model Access and Inference Spending

Ramp has launched Router, an AI model routing service that lets companies access and switch between multiple large language models through a single API. The expense management company says it…

U.S. Senators Demand Answers From TikTok Over Safety Experiment Involving 15 Million Users

U.S. Senators Marsha Blackburn and Richard Blumenthal have given TikTok until September 1 to answer questions about an experiment that withheld an algorithmic safety feature from about 15 million U.S.…

Rillet Raises $100 Million at $1 Billion Valuation as AI Accounting Business Grows

AI accounting startup Rillet has raised $100 million in a Series C round that values the company at $1 billion. Iconiq led the financing, with returning investors including Andreessen Horowitz…