Category: Uncategorized
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Turbine raises $22M to help VC investors get cash without selling their stakes
Since IPOs slowed to trickle a few years ago, limited partners who invest in venture capital funds have had one giant problem: a dearth of liquidity. Lack of cash returns has been especially troublesome for wealthy individuals or their small family offices — who manage the assets of the wealthy — that made substantial investments… Read more
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Nintendo delays Switch 2 preorders in response to tariffs
Nintendo is delaying preorders for the newly announced Switch 2 in the U.S. due to concerns around President Donald Trump’s tariffs. Preorders will no longer begin on April 9. “Preorders for Nintendo Switch 2 in the U.S. will not start April 9, 2025, in order to assess the potential impact of tariffs and evolving market… Read more
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OpenAI says it’ll release o3 after all, delays GPT-5
After effectively cancelling the consumer launch of its o3 reasoning model in February, OpenAI now says it aims to release both o3 and a next-gen successor, o4-mini, in “a couple of weeks.” In a post on X on Friday, OpenAI CEO Sam Altman said the reversal in course is related to OpenAI’s upcoming GPT-5, which… Read more
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TechCrunch All Stage: Learn how AI can supercharge your MVPs with Chris Gardner
TechCrunch All Stage, our big event for founders of startups at all stages of funding (see what we did there?), is coming up July 15 at Boston’s SoWa Power Station. And it’s our pleasure to announce that Underscore VC’s investing partner Chris Gardner will join a loaded lineup of speakers by leading a breakout session… Read more
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Automakers jump on Tesla’s brand woes with discount EV offers
Tesla trade-ins in the U.S. are at an all time high as some owners become disillusioned with Elon Musk’s politics, and some just want to avoid their car getting keyed by Musk haters. Automakers are pouncing on the opportunity. Polestar, Lucid Motors, Volvo, and Ford — which have long trailed Tesla in EV sales —… Read more
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Trump fires head of National Security Agency and Cyber Command
Haugh’s firing has seemingly caught senior lawmakers by surprise Read more
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StrictlyVC is heading to London this May
StrictlyVC is crossing the Atlantic! On 13 May, London will play host to an exclusive StrictlyVC evening, delivering the same high-caliber VC insider content that has made these events a must-attend for investors and startup leaders alike. If you’re a venture capitalist or founder looking to exchange insights with peers and dive into powerful, no-filter… Read more
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Midjourney releases its first new AI image model in nearly a year
Midjourney, one of the earliest AI image-generating services on the web, has released its first new AI image model in nearly a year. Dubbed V7, the model, which began rolling out in alpha around midnight Eastern on Friday, comes a week after OpenAI debuted a new image generator in ChatGPT that quickly went viral for… Read more
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Amazon’s new AI agent will shop third-party sites for you
Amazon is starting to test a new AI shopping agent, a feature it calls “Buy for Me,” with a subset users, the company announced in a blog post Thursday. If Amazon doesn’t sell something that users are searching for, the Buy for Me feature will display products to users that other websites are selling. Then,… Read more
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Federal judge allows the EFF’s lawsuit against DOGE and Elon Musk to proceed
A federal judge ruled on Thursday that a lawsuit attempting to stop the Department of Government Efficiency from obtaining records on millions of Americans may proceed. In conjunction with privacy watchdog the Electronic Frontier Foundation and two labor unions, more than 100 current and former federal employees sued DOGE, the U.S. Office of Personnel Management… Read more