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Week in Review:  Meta’s AI recruiting blitz

Welcome back to Week in Review! Lots of news for you this week — Travis Kalanick is possibly returning to the world of self-driving vehicles, CoreWeave’s CEO is now worth $10 billion, Apple users aren’t happy with how the company is promoting its new “F1” movie, and much more. Quick note that we will be off next week for the July 4 holiday. Have a great weekend! And another one: Meta snagged a key OpenAI researcher, Trapit Bansal, to boost its new AI superintelligence team. He’s the same guy w

Rob Biederman will help founders rethink how to scale at TechCrunch All Stage 2025

If you’re a founder looking to grow your startup, chances are you’re wrestling with more than just product or capital. Talent, scale, and smart execution are the real battlegrounds. That’s exactly what TechCrunch All Stage 2025 is built to address on July 15 at Boston’s SoWa Power Station. Rob Biederman, managing partner at Asymmetric Capital Partners and one of the sharpest minds in talent, tech, and scaling strategy, will share his insights in a roundtable session. This is THE place where you

TechCrunch All Stage 2025 welcomes Boldstart partner Ellen Chisa to talk early-stage enterprise bets

We’re thrilled to announce that Ellen Chisa, partner at Boldstart Ventures, will be joining us at TechCrunch All Stage 2025 for an energizing conversation about investing in enterprise startups from day one. She’s one of the standout voices shaping this year’s lineup of founders, funders, and operators gathering July 15 in Boston’s SoWa Power Station, and you won’t want to miss what she brings to the table. All Stage is where startup builders get real answers to real questions — from how to rai

TechCrunch Mobility: The Tesla robotaxi Rorschach test and Redwood’s next big act

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Less than a week ago, Tesla robotaxis began rolling out and giving rides to invited customers in Austin. As Sean O’Kane and I wrote this week, the rollout is the first big test of CEO Elon Musk’s belief that it’s possible to safely deploy fully autonomous vehicles using just cameras and end-to-end AI — an approach that differs from

SpaceX’s Starbase city officials silent on crane collapse

A crane collapsed at SpaceX’s South Texas rocket facility this week, and the company’s newly-formed city won’t say if anyone was hurt. On June 23, a crane being used to clean up debris from the most recent SpaceX rocket explosion collapsed at the company’s launch complex. Footage of the accident was captured by Lab Padre, one of the content creators who film and photograph the site on a regular basis. But it was filmed from far away, making it impossible to tell whether anyone was harmed or in

TechCrunch All Stage 2025: Prepare 4 VC’s Jason Kraus will instruct on how to turn chaos into momentum

Being a founder often feels like you’re building the plane midflight. You’re juggling fundraising, product-market fit, marketing strategy, hiring — while quietly wondering if you’re even doing it right. TechCrunch AllStage 2025, which is happening on July 15 at the SoWa Power Station in Boston, is built to answer those questions. Whether you’re pitching VCs, recruiting a killer team, or trying to make sense of your startup’s finances (and your own), All Stage offers actionable insights from peo

At TechCrunch All Stage, Jahanvi Sardana shares how top startups reshape markets

TechCrunch All Stage — the ultimate founder summit — is shaping up to be a powerhouse event where 1,200 founders and VCs across all stages will come together to forge meaningful connections and gain practical insights they can immediately apply to scale their startups. Join us on July 15 at SoWa Power Station in Boston and be part of the conversation with scaling experts. And now is the best time to register to attend. For a limited time, we’re bringing Investor Passes to just $250 and Founder

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 titled “MVP in the Age of AI: When to Bot and When to Not.” Spoiler: Expect to learn a lot about using AI for minimum viable products. And for for a very limited time, we’re launc

Kalshi closes $185M round as rival Polymarket reportedly seeks $200M

Kalshi just raised a $185 million round, led by crypto-focused VC firm Paradigm, bringing the company’s valuation to $2 billion post-money, representatives from Paradigm and Kalshi confirmed to TechCrunch. “Prediction markets remind me of crypto 15 years ago: a new asset class on a path to trillions,” Matt Huang, co-founder and managing partner at Paradigm, told TechCrunch in an emailed statement. “There’s no better team than Kalshi to scale prediction markets and reshape how people think about

Intel hits the brakes on its automotive business, and layoffs have started

Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring at the chipmaker. The news was first reported by The Oregonian/Oregon Live, which cited an internal memo that was shared with employees Tuesday morning. Intel confirmed to TechCrunch that plans to wind down the auto business were communicated internally on Tuesday. “As we have said previously, we are refocusing on our core client and data center portfolio to strengthen o

India’s GoKwik raised a small $13M round for a hefty leap in valuation

GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money. While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced in May 2022, it has valued the New Delhi-based startup 43% more than its last pre-money valuation of $315 million. The fresh funding also included participation from the startup’s

Japanese shipping firm NYK acquires Kadmos, a salary payment platform for seafarers

Japanese shipping company Nippon Yusen Kabushiki Kaisha, or NYK Line, is acquiring Germany’s salary payment platform for seafaring workers, Kadmos, as it seeks to further expand the reach of its fintech services in the maritime sector. The companies did not disclose the financial terms of the acquisition deal, which is expected to be completed in the next few weeks. MIT alumni Justus Schmueser and Sasha Makarovych founded Kadmos in 2021, aiming to provide businesses, including shipowners and s

Cluely, a startup that helps ‘cheat on everything,’ raises $15M from a16z

Cluely, a startup that claims to help users “cheat” on job interviews, exams, and sales calls, has raised a $15 million Series A led by Andreessen Horowitz, the company announced on Friday with a video posted on X. Two investors who were not part of the deal tell TechCrunch they believe Cluely’s post-money valuation is around $120 million. Andreessen Horowitz declined to comment on that figure. Lee didn’t respond to a request for comment. Cluely’s new funding comes roughly two months after it

TechCrunch Mobility: Applied Intuition’s eye-popping valuation, the new age of micromobility, and Waymo’s wild week

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Waymo might be the largest commercial robotaxi operator — offering 250,000 paid rides per week — but it is hardly smooth. The past seven days in Waymo’s world illustrates just how dynamic the burgeoning robotaxi business can be. The company limited service nationwide on June 13 ahead of scheduled “No Kings” protests against Presid

Snap acquires Saturn, a social calendar app for high school and college students

Snap has acquired Saturn, a calendar app that helps students manage their school schedules and share them with others, the company confirmed to TechCrunch on Friday. The financial terms of the deal were not disclosed. Saturn will continue to operate as a standalone app. The news was first reported by Engadget. Snap says almost the entire Saturn team is joining Snap as part of the acquisition, with just under 30 full-time employees coming on board. Although Snap didn’t share much about its pla

Iran’s government says it shut down internet to protect against cyberattacks

Earlier this week, virtually everyone in Iran lost access to the internet in what was called a “near-total national internet blackout.” At the time, it was unclear what happened or who was responsible for the shutdown, which has severely limited Iranians’ means to get information about the ongoing war with Israel, as well as their ability to communicate with loved ones inside and outside of the country. Now, Iran’s government has confirmed that it ordered the shutdown to protect against Israel

Voi CEO says he’s open to acquiring Bolt’s micromobility business

Shared micromobility startup Voi is on the hunt for acquisitions. And on CEO Frederik Hjelm’s wishlist is Bolt, the European mobility super-app best known for ride-hailing. Not that Bolt’s micromobility business is necessarily for sale — despite talk of Voi buying the company’s scooter and bike arm. Bolt declined to comment when TechCrunch reached out. “Bolt is a great company, but they are mainly a ride-hailing company,” Hjelm told TechCrunch on stage at the Micromobility Industries roundtabl

Internet collapses across Iran, say web-monitoring firms

Internet connectivity in Iran almost completely disappeared on Wednesday, according to web-monitoring firms, as war with Israel enters its sixth day. NetBlocks, a firm that tracks internet access across the world, wrote on X that Iran is “now in the midst of a near-total national internet blackout.” The firm’s assessment was confirmed by other internet-monitoring organizations. Data collected by IODA, which is a system that “monitors the Internet infrastructure connectivity in near-real time,

Internet collapses across Iran, say web monitoring firms

Internet connectivity in Iran almost completely disappeared on Wednesday, according to web monitoring firms, as war with Israel enters its sixth day. NetBlocks, a firm that tracks internet access across the world, wrote on X that Iran is “now in the midst of a near-total national internet blackout.” The firm’s assessment was confirmed by other internet-monitoring organizations. Data collected by IODA, which is a system that “monitors the Internet infrastructure connectivity in near-real time,

Police shut down Cluely’s party, the ‘cheat at everything’ startup

The latest San Francisco startup culture drama happened on Monday night. And it centered around “the most legendary party that never happened,” Cluely founder and CEO Roy Lee tells TechCrunch. Cluely had hoped to throw an after-party for a Y Combinator event occurring on Monday and Tuesday called AI Startup School. The event drew crowds thanks to scheduled speakers like Sam Altman, Satya Nadella, and Elon Musk. Cluely is an AI startup born of controversy and rage-bait comedy marketing. True to

Spotify’s Daniel Ek just bet bigger on Helsing, Europe’s defense tech darling

When Daniel Ek isn’t busy running Spotify or building his new AI-driven health tech enterprise, he’s making massive bets on the future of European warfare, seemingly. The billionaire, who primarily lives in Stockholm, just led a €600 million investment in Helsing, a four-year-old, Munich-based defense tech company that is now valued at €12 billion, as first reported by the Financial Times and confirmed separately by TechCrunch. The deal makes it one of Europe’s most valuable privately held comp

The US Navy is more aggressively telling startups, ‘We want you’

While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How so? Well, the Navy’s chief technology officer, Justin Fanelli, says he has spent the last two and a half years cutting through the red tape and shrinking the protracted procurement cycles that once made working with the military a nightmare for startups. The efforts

As grocery shortages persist, UNFI says it’s recovering from cyberattack

Food distribution giant United Natural Foods (UNFI) said it is making “significant progress” in recovering from a cyberattack that occurred almost two weeks ago, as grocery stores across North America reliant on the distributor continue to report food shortages. UNFI said in an update on Sunday that it was restoring its electronic ordering systems, which its customers use to place orders for their grocery stores and supermarkets. The company, which provides more than 30,000 stores across the U

The countdown begins: 7 days left to save up to $210 on TechCrunch All Stage passes

Final countdown — less than 1 week to save up to $210 on TechCrunch All Stage passes! Founder or investor, this is your last chance to save big before June 22 at 11:59 p.m. PT. Founders, sharpen your edge. Investors, meet the next rocket ships. On July 15, startup and VC leaders will gather at SoWa Power Station in Boston for TC All Stage — TechCrunch founder-first summit built for startups scaling from seed to IPO. This is where traction becomes breakout growth. Secure your pass now with up t

What makes TechCrunch All Stage different from other startup events? Answers to your most pressing questions

Tech and startup events have a formula. You know it. We know it. We’ve all done it. But TechCrunch All Stage 2025, which we’re hosting July 15 at the SoWa Power Station in Boston, is designed to break out of that rinse-and-repeat model — and focus on what early-stage startups actually need to know, right now. Plus, you can still get some limited-time pricing discounts, with Investor passes coming in at a $200 reduction, Founder passes discounted by $210, and our special $99 rate exclusively for

The U.S. Navy is more aggressively telling startups, ‘We want you’

While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How so? Well, the Navy’s chief technology officer, Justin Fanelli, says he has spent the last two and a half years cutting through the red tape and shrinking the protracted procurement cycles that once made working with the military a nightmare for startups. The efforts

The investor experience at TechCrunch All Stage: One floor, infinite deal flow

TechCrunch All Stage isn’t a waiting room for warm intros — it’s a floor full of founders, ideas, and breakout potential. For VCs, it’s a rare chance to skip the filters and meet the future of tech in one place, on one day, with no layers between you and the next standout story. Whether you’re deploying early-stage capital, leading a Series B, or mentoring emerging fund managers, TechCrunch All Stage offers you more than access — it offers acceleration. And you can get both July 15 at Boston’s

Clay secures a new round at a $3B valuation, sources say

Clay, a sales automation startup, has raised a Series C round at an approximate $3 billion valuation, led by Capital G, according to three sources with knowledge of the deal. Clay and Capital G didn’t respond to a request for comment. The new round comes just a month after the New York startup announced that it will allow most of its employees to sell some of their shares at a $1.5 billion valuation. That secondary deal, known as a tender offer, was led by Sequoia, which agreed to purchase up

TechCrunch Mobility: The cost of Waymo

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! The National Highway Traffic Safety Administration (NHTSA) announced late this week that it plans to streamline the Part 555 exemption process to make it faster for automakers that want to deploy self-driving vehicles built without human controls like a steering wheel or pedals. The letter sent to “stakeholders” (meaning those com

The founder experience at TechCrunch All Stage: Built for people building what’s next

For a founder, time is the one resource you can’t raise. That’s why TechCrunch All Stage — happening July 15 in Boston’s SoWa Power Station — is designed to make every minute count. Whether you’re at the whiteboard sketching v1 of your product or figuring out how to lead a team of 50, TechCrunch All Stage meets you where you are — and gives you the access, insight, and connections to move forward faster. Plus, you can get a $210 discount on your ticket right now, if you move quickly. The day d