Author: TechCrunch News

Commercial nuclear fusion power isn’t a reality yet. But venture capital is flowing into startups that promise that clean, safe, and virtually limitless energy is no longer just a distant dream. Most fusion companies that have raised over $100 million are based in the United States. Not Proxima Fusion, a German startup that has just…

Vast Data, which offers an AI-friendly data storage platform, is in the market to raise a new round at a giant leap in valuation. Earlier this year, the 9-year-old company was seeking a valuation of around $25 billion, according to a person familiar with the deal. Should it achieve that, it would be a massive…

5:34 PM PDT · June 6, 2025 Narrowing down the 30 most visionary startups of the year to just five finalists was no easy feat. VivaTech’s Innovation of the Year attracted an extraordinary pool of applicants—startups tackling massive global challenges with bold, technically sophisticated, and scalable solutions. From redefining human-machine interaction to revolutionizing healthcare, climate,…

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! I’ve spent a decade covering Tesla and CEO Elon Musk, so it would be natural for me to weigh in here about the billionaire’s public fallout with…

Elon Musk donated $288 million to Trump’s 2024 election campaign, but now the tech mogul is calling for Trump’s impeachment…

Image Credits:Yuichiro Chino / Getty Images 3:14 PM PDT · June 5, 2025 Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel, and DST Global. The massive round is Anysphere’s…

Image Credits:KTSDESIGN/SCIENCE PHOTO LIBRARY / Getty Images 3:06 PM PDT · June 5, 2025 Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day. The…

Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s…

A film that will portray the chaotic time at OpenAI, when co-founder and CEO Sam Altman was fired and rehired within a span of just five days, is reportedly in the works.  According to The Hollywood Reporter, the movie is titled “Artificial,” and it’s in development at Amazon MGM Studios…

TAE Technologies raised $150 million from investors including Google, Chevron, and others…