Tag: Startup

A tech-savvy father finds a way to bring joy to his daughter…

In late 2001, toward the end of the collapse of the tech bubble, famed value investor Warren Buffet debuted a new metric that he claimed was “probably the best single measure of where valuations stand at any given moment.” This new tool was dubbed the Buffet Indicator…

Updated to note that the Microsoft investment closed in January. The money from VCs reported here, part of a tender offer, is separate to that. OpenAI, the startup behind the widely used conversational AI model ChatGPT, has picked up new backers, TechCrunch has learned. VC firms including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and…

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. On today’s episode of our Equity podcast, the team dives in to ponder whether First Republic’s share tumble is a victim of SVB’s collapse, or whether there’s something else in the water.…

Submissions for the eighth annual Forbes Cloud 100 list are now open through May 12. With tech’s IPO window still largely slammed shut, the world’s strongest cloud computing companies find themselves in holding patterns. Every single company on last year’s Forbes Cloud 100 remains eligible — even No. 5 Figma, which announced a $20 billion…

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Thursday is here — how in the world did that happen? Those days, they just keep on coming. If you’re still on the fence about whether you want to come along to…

Cathie Wood, chief executive of Ark Investment Management, traded some of her top stocks Tuesday. All the valuations below are as of Wednesday’s close. DON’T MISS: Elon Musk Reacts After Cathie Wood Criticizes a Major American Institution Ark funds bought 190,976 shares of electric vehicle titan Tesla  (TSLA) – Get Free Report valued at $29.4 million.…

Amazon omitted India updates in Thursday’s earnings call and release, a notable change for the e-commerce giant that has consistently highlighted rapid growth in the South Asian market. The absence of India in the quarterly earnings, the first since early 2014, follows Amazon’s shutdown of multiple services, including food delivery and wholesale distribution, in the…

Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in…

Share to FacebookShare to TwitterShare to LinkedinMark Ralls is the CEO of ActivTrak, the leader in workforce analytics and productivity management. getty The unprecedented rise of AI-powered chat tools like ChatGPT and Bing is astonishing and set to upend many aspects of our lives. None other than Bill Gates hailed generative AI (GenAI) tools as…