Author: TechCrunch News

TechCrunch will be on the ground at SXSW 2025 — the annual tech, music, comedy, and film conference that kicked off Friday in Austin — in search of the zeitgeist of this AI-centric era. Yup, we’re one sentence in and AI has already made its entrance…

Investor interest in AI coding assistants is exploding. Anysphere, the developer of AI-powered coding assistant Cursor, is in talks with venture capitalists to raise capital at a valuation of nearly $10 billion, Bloomberg reported. The round, if it transpires, would come about three months after Anysphere completed its previous fundraise of $100 million at a…

Scale AI is being investigated by the U.S. Department of Labor for compliance with the Fair Labor Standards Act. © 2024 TechCrunch. All rights reserved. For personal use only…

The problematic code changed file permissions that broke some systems, users say. © 2024 TechCrunch. All rights reserved. For personal use only…

SpaceX’s Starship spiraled out of control while in space during a test flight Thursday, marking the second launch in a row that the vehicle has run into a fatal problem on its way to orbit. The Federal Aviation Administration (FAA) briefly halted flights into major Florida airports and appears to have diverted some others out of…

In Brief Posted: 2:17 PM PST · March 6, 2025 Image Credits:David Paul Morris/Bloomberg / Getty Images Google co-founder Larry Page is building a new company called Dynatomics that’s focused on applying AI to product manufacturing, according to The Information. Page is reportedly working with a small group of engineers on AI that can create…

The CEO of Canoo is buying nearly all of the defunct EV startup’s assets out of bankruptcy, according to a court filing. A new entity controlled by the CEO, Anthony Aquila, has offered to purchase “substantially all” of the assets for $4 million in cash. The sale will also wipe clean a more-than-$11 million debt…

Volkswagen’s ultra-cheap EV called the ID EVERY1 — a small four-door hatchback revealed Wednesday — will be the first to roll out with software and architecture from Rivian, according to a source familiar with the new model. The EV is expected to go into production in 2027 with a starting price of 20,000 euros ($21,500).…

Amazon has formed a new group within AWS dedicated to creating AI agents, systems that help people automate parts of their lives, Reuters reported on Tuesday. In an email to staff seen by Reuters, AWS CEO Matt Garman said agentic AI has the potential to be “the next multi-billion business for AWS.” A longtime AWS…

The fintech startup has been under federal scrutiny for years for questionable financial and carbon accounting practices. © 2024 TechCrunch. All rights reserved. For personal use only…