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Kalshi CEO admits enlisting influencers to dis Polymarket in a now-deleted podcast segment
Kalshi CEO Tarek Mansour confirmed on a podcast interview that his employees asked social media influencers to promote memes about the FBI’s raid on the home of his archrival, the CEO of Polymarket. Both companies offer competing events-betting markets, a new kind of betting industry where people wager about the outcomes of events ranging from…
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G2 Ventures Partners is raising $750 million for a third fund
The raise is a bullish vote of confidence in climate and sustainability startups. © 2024 TechCrunch. All rights reserved. For personal use only.
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Databricks is on track to raise a record $9.5+ billion round at $60B valuation
Databricks is close to finalizing a $9.5 billion round at a $60 billion valuation, including a secondary sale for employees that could climb even higher before it closes, Reuters reports. Just 17 days ago, Reuters reported that the deal was at $8 billion and a $55 billion valuation. Thrive Capital is leading the deal with…
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Exxon can’t resist the AI power gold rush
The oil and gas company announced that it’s planning to build a massive power plant for data centers. © 2024 TechCrunch. All rights reserved. For personal use only.
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UnitedHealthcare’s Optum left an AI chatbot, used by employees to ask questions about claims, exposed to the internet
Optum’s AI chatbot was found exposed online at a time when the healthcare giant faces scrutiny for its use of AI to allegedly deny patient claims. © 2024 TechCrunch. All rights reserved. For personal use only.
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What failed before might succeed now — or fail again — and other startup bets
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week in startup news, we have some contrarian bets, funding rounds from all around the world, new VC funds, and a final word of warning. Most…
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See what Google’s Project Astra AR glasses can do (for a select few beta testers)
Google has released a prototype of Project Astra’s AR glasses for testing in the real world. The glasses are part of Googles long-term plan to one day have hardware with augmented reality and multimodal AI capabilities. In the meantime, they will be releasing demos to get the attention of consumers, developers, and their competition. Along…
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OpenAI fires back against Musk, claims he wanted an OpenAI for-profit
OpenAI fired back at billionaire Elon Musk on Friday, publishing a series of emails that the company claims show Musk’s lawsuit against it is misleading. Musk’s legal battle with OpenAI, which has been going on for months now, at its core accuses the company of abandoning its original nonprofit mission to make the fruits of…
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The 51 most disruptive startups of 2024
These startups have fascinating new technologies, business models, founder stories or are pushing an industry forward in exciting ways. © 2024 TechCrunch. All rights reserved. For personal use only.
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Biden administration races to approve clean energy loans before Trump takes over — here’s who is benefiting
The Department of Energy (DOE) is on a loan-approval spree in the lead-up to President-elect Donald Trump’s inauguration, and the winners are all companies manufacturing clean energy solutions on U.S. soil. Companies like Stellantis and Samsung, Rivian, and most recently, EVgo. Trump has promised to cancel any unspent federal dollars under President Joe Biden’s Inflation…