Author: TechCrunch News

The global hype surrounding the potential benefits of AI has captured the attention of the business world and beyond, so it’s no surprise that new and existing SaaS startups are integrating it into their products. According to one recent survey, 35% of SaaS businesses already use AI, while another 42% plan to in the near…

HackerOne, a widely known bug bounty and penetration testing platform, is cutting up to 12% of its workforce as the global economic slowdown continues to impact the tech community. The San Francisco-based startup announced its layoffs on Wednesday, TechCrunch learned and confirmed with the startup. The decision will impact the startup’s employees worldwide, including those…

Austin seems to agree with Tuesday Capital. When the 12-year-old seed-stage outfit — originally called CrunchFund  —  was co-founded by longtime Patrick Gallagher and TechCrunch founder Michael Arrington, it was interwoven with the Silicon Valley scene. In has since widened its net. Part of the shift owes to the pandemic, when many venture firms began…

Almost a decade ago, Volvo drove into the modern era by going big. Literally. The second-generation XC90 crossover that launched in 2015 helped reset a brand associated with boxy station wagons by offering innovative hybrid engines, striking styling and a big tablet center screen that felt right out of the Tesla playbook. Now, the car…

The AI sector has gotten hotter over the last year. But unlike many of past venture fads — like crypto or web3 — the AI sector had a number of large startups and legacy players already active when the market started to froth. There have been AI exits and there are even whiffs of potential…

Monitoring service New Relic this morning said it has agreed to be acquired by Francisco Partners and TPG for $6.5 billion in cash. Shares of the company, which went public back in 2014, are up around 13.5% on the news. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get…

The Chevrolet Blazer EV, a battery electric SUV that is part of GM’s bid to surpass Tesla in U.S. EV sales by 2025, is headed to dealerships. The automaker said Monday that the first 2024 Chevrolet Blazer EVs have started shipping from GM’s factory in Ramos Arizpe, Mexico. GM also released details on pricing and…

Observability and security platform Dynatrace today announced that it plans to acquire Rookout, a Tel Aviv-based observability startup that focuses on helping developers troubleshoot and debug their code in production. Publicly traded Dynatrace already offers a comprehensive suite of observability tools, but the addition of Rookout will allow it to expand these services with code-level…

If you’re adventurous with your food, or just like to keep up with the fast-moving food tech industry, here’s a roundup of this week’s stories and some notable news we weren’t able to cover. Supply Change Capital The venture capital fund madness we’ve seen all year has made its way to the food sector. This…

In this week’s edition of The Interchange, we touch on M&As in the fintech space as AngelList nabbed a startup and Uplift got bought for less than it raised in venture funding. We get into those deals, and much more. Want to receive this in your inbox every Sunday? Sign up here. Shopify’s credit bet,…