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Join Our Next Livestream: Back to School in the Age of AI

Everyone has a stake in how tech is shaping education today. From the tech moguls and venture capitalists who are starting “microschools” and building ed-tech tools to policymakers who are writing bills to safeguard kids online and teachers who are getting creative about using AI for school. WIRED explored all this and more in our recent back-to-school digital edition, and we're excited to talk about it at our next subscriber-only livestream on Thursday, August 28, at 1 pm ET / 10 am PT / 6 pm

Wall Street Appears to Be Having Serious Doubts About AI

The amount of cash backing artificial intelligence right now is so high that it's almost meaningless to the average person. There are now almost 500 AI unicorns — companies valued at over $1 billion — worth a total of roughly $2.7 trillion, enough to do some serious damage to the economy if things don't go well. But for investors, that cash represents a dream: that AI will someday do more than generate video essays explaining that Nubian giants built the pyramids, and become a major financial

StrictlyVC at TechCrunch Disrupt 2025: Inside the LP Track

StrictlyVC is back at TechCrunch Disrupt in October, bringing together the insiders who shape the venture capital landscape, this time with a sharper focus on the market’s biggest challenge: liquidity. In an era of extended exit timelines, slowed distributions, and increasingly selective LPs, the conversations behind closed doors matter more than ever. Working with Cendana Capital, which has backed 80+ funds in its 15-year history, we are launching a new off-the-record LP Track that offers an un

Nvidia is latest investor to back AV startup Nuro in $203M funding round

Nvidia is among a group of new investors to back Nuro — which develops self-driving software for delivery and ride-hailing services — in a funding round that has reached $203 million. The Silicon Valley startup announced Thursday that several investors, including existing backer Baillie Gifford, added another $97 million to its Series E round. New investors include Icehouse Ventures, Kindred Ventures, Nvidia, and Pledge Ventures. Uber, which last month said it would make a “multi-hundred-millio

Investigation into 'horrifying' death of French streamer

Investigation into 'horrifying' death of French streamer 23 minutes ago Share Save Tom McArthur BBC News Share Save Getty Images An investigation has been launched into the death of a French streamer known for extreme challenges. Raphaël Graven, also known as Jeanpormanove, was found dead at a residence in Contes, a village north of Nice, prosecutors said. The 46-year-old had been subject to bouts of violence and sleep deprivation during streams, and died in his sleep during a live broadcast,

Crypto stocks tumble as investors go into risk-off mode

Meanwhile, the price of bitcoin pulled back nearly 3% to just over $113,000. Ether was down more than 4% to the $4,100 level, according to Coin Metrics. Investors appeared to rotate out of tech names Tuesday. The sector had seen a boost last week as traders weighed the prospect of more interest rate cuts. Also, bitcoin touched an intraday all-time high near $125,000 last week. On Tuesday, the Nasdaq Composite was down more than 1%, weighed down by declines in Nvidia and other tech heavyweights

Databricks says it's valued at over $100 billion in latest funding round

Databricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it's raising a funding round that values the company at over $100 billion. That would make Databricks just the fourth private company to eclipse the $100 billion mark, following SpaceX, ByteDance and OpenAI, according to data from CB Insights. Databricks CEO Ali Ghodsi told CNBC's Brian Sullivan that the total round will exceed $1 billion. The company was last valued by private investors at $62

Crypto stocks tumble on Tuesday as investors go into risk-off mode

The Coinbase logo is displayed on a mobile phone screen with stock market percentages in the background. Meanwhile, the price of bitcoin pulled back nearly 3% to just over $113,000. Ether was down more than 4% to the $4,100 level, according to Coin Metrics. Crypto stocks suffered on Tuesday as investors fled tech stocks and riskier corners of the market. Investors appeared to rotate out of tech names on Tuesday. The sector had seen a boost last week as traders weighed the prospect of more int

Senate Probe Uncovers Allegations of Widespread Abuse in ICE Custody

A United States Senate investigation has identified more than 500 credible reports of human rights abuses in US immigration detention since January, including alarming allegations of mistreatment of pregnant women and children. As of late last month, the investigation—led by US senator Jon Ossoff, a Democrat of Georgia—had unearthed 41 cases of physical and sexual abuse; 14 involving pregnant detainees and 18 involving children. The accounts of abuse span facilities in 25 states and include Pu

Ticket reseller sued for illegally buying over 2,000 Taylor Swift tickets

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. The Federal Trade Commission is suing a ticket broker for allegedly using “illegal means” to buy up hundreds of thousands of live event tickets, including for Taylor Swift’s Eras tour. Key Investment Group, which also does business as Epic Seats, TotalTickets.co

OpenAI Is Poised to Become the Most Valuable Startup Ever. Should It Be?

OpenAI is reportedly on the verge of a roughly $500 billion valuation, a figure that would make it the most valuable private company in the world—bigger than SpaceX, TikTok’s parent company Bytedance, and even public giants like Palantir. It’s a staggering number for a company with an “astronomical burn rate.” How is this even possible? As Axios reports, there are actually two deals in play: a SoftBank-led round valuing the company at $300 billion, which won’t close until year’s end, and a seco

$11 Billion in 2 Weeks: AI Bets Mint Money for Masayoshi Son

Japanese billionaire Masayoshi Son’s fortune added $11 billion in just the first two weeks of August as his SoftBank Group’s aggressive push into artificial intelligence buoyed shares to historic highs. Son’s net worth now stands at $33.3 billion, solidifying his position as the second-richest person in Japan, according to the Bloomberg Billionaires Index. The resurgence comes amid a broader recovery at SoftBank’s flagship Vision Fund, coupled with sizable payouts from asset sales, including st

AI crawler Firecrawl raises $14.5M, is still looking to hire agents as employees

Firecrawl’s co-founder and CEO Caleb Peffer knew the exact moment he found the investor to lead his Series A. He was in a coffee meeting with Nexus Venture Partner’s Abhishek Sharma at the Blue Bottle in San Francisco’s South Park (a favorite VC haunt). While describing the future of the company, he was gesturing so animatedly that his chair tipped over. “I actually fell out of my chair. And Abhishek, as a great Investor does, caught the chair and me as I was falling,” Peffer described with a

Intel is getting a $2 billion investment from SoftBank

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company's annual general meeting in Tokyo, Japan, on Friday, June 27, 2025. Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker. SoftBank will pay $23 per share for Intel's common stock, which closed on Monday at $23.66. The shares rose about 6% in extended trading to $25. The investment makes SoftBank the fifth-biggest I

Judge says FTC investigation into Media Matters ‘should alarm all Americans’

A federal judge has granted a preliminary injunction blocking the Federal Trade Commission’s investigation into left-leaning advocacy group Media Matters. Back in 2023, Media Matters published research showing ads from major companies had appeared alongside antisemitic and other offensive content on Elon Musk-owned X. When major advertisers subsequently pulled back from the platform, X sued Media Matters. It also sued advertisers and advertiser groups over what it claimed was a “systematic ille

Opendoor CEO resigns following investor pressure campaign

Opendoor CEO Carrie Wheeler said Friday that she's resigning from the online real estate company, which has seen a surge in recent interest from retail investors. The stock popped early in the day before closing up 4.3%. Pressure began building on Wheeler, who took over the top job in 2022, after the company's quarterly earnings report earlier this month failed to reassure investors that a turnaround is underway. The stock is up more than sixfold since bottoming out at 51 cents in June, a price

Opendoor stock pops 10% as CEO resigns following investor pressure campaign

Opendoor shares popped about 10% on Friday after CEO Carrie Wheeler said she's resigning from the online real estate company, which has seen a surge in recent interest from retail investors. Pressure began building on Wheeler, who took over the top job in 2022, after the company's quarterly earnings report earlier this month failed to reassure investors that a turnaround is underway. The stock is up more than sixfold since bottoming out at 51 cents in June, a price that put the company at risk

Watch Our Livestream Replay: What GPT-5 Means for ChatGPT Users

Is the new GPT-5 model as big of an upgrade as OpenAI claims? Why are users complaining? And what do the changes actually mean for ChatGPT users? WIRED reporters have been testing how GPT-5’s ability to code, write, and perform other tasks compares to past releases. At the livestream on August 14, our expert panel answered your questions about GPT-5 and the future of generative AI. Watch the replay of the subscriber-only livestream below. On the panel: You can check out past livestreams on all

Forget the Crypto Bros. Wall Street Is Driving the New Crypto Boom

The crypto market is on fire again, but this time, the fuel isn’t coming from “crypto bros” on social media. It’s coming from Wall Street, and it’s all based on a massive bet that the Federal Reserve is about to cut interest rates. Ether, the second-largest cryptocurrency, is leading the charge, surging nearly 10% in the past 24 hours to $4,723.26, bringing its all-time high of $4,878.26 within sight. This rally is, according to some market observers, a calculated move by large, institutional i

New 3D Laser Scanner Developed for Harvesting Robots

Robotics engineers at the University of Würzburg have developed a novel 3D laser scanner system for precise plant analysis in the field for the Leibniz Institute for Agricultural Engineering and Bioeconomy in Potsdam. Whether strawberries, asparagus or apples: when it comes to harvesting, skilled workers are often in short supply. Many researchers are therefore working on harvesting robots that could provide welcome support to agricultural businesses in the future. ‘There are already a few pro

Dark Rumors Swirl as Boar's Head Plans to Reopen Notoriously Disgusting Meat Processing Plant

Over a year after a deadly bacterial outbreak forced a Boar's Head deli meat factory in Virginia to shutter indefinitely, the facility is reportedly set to reopen — but that doesn't mean they've cleaned up their act. Starting in May of last year, a number of people throughout the middle- and eastern-US began falling ill with symptoms eerily similar to the flu. Following several hospitalizations and two deaths traced to the same source, the Centers for Disease Control (CDC) officially launched a

Peloton Is Cutting Jobs and Shifting Focus to Members’ ‘Entire Wellness Journey’

Peloton, the struggling New York-based fitness tech company, announced today that it plans to cut roughly six percent of its workforce in an effort to save costs and turn the company around. Additionally, the company’s new CEO, Peter Stern, told investors that the company would be expanding beyond its cardio roots and into the general health and wellness space. “This is not a decision we came to lightly, as it impacts many talented team members, but we believe it is necessary for the long-term

How to watch OpenAI’s ‘longer than usual’ GPT-5 reveal, as teased by a Death Star

“That’s no moon,” as Obi-Wan Kenobi once said. OpenAI CEO Sam Altman stirred intrigue with a cryptic post last night showing the Death Star from Star Wars as a hint that something big is coming. That “something big” is undoubtedly GPT-5, OpenAI’s latest frontier model coming to ChatGPT. The company shared a less ambiguous post on X yesterday teasing the upcoming livestream. Since then, Altman has added that OpenAI’s next livestream will be “longer than usual” with a runtime of “about an hour.”

Apple to invest another $100 billion into the US to avoid tariffs

Apple plans to invest an additional $100 billion in the US, the company announced on Wednesday. The investment follows President Donald's Trump's previously announced plans to raise tariffs on India by an additional 25 percent (bringing the total tariff to 50 percent) for purchasing oil from Russia. Apple relies heavily on manufacturers in India to create the iPhone, so adding to its already $500 billion investment in the US is likely a way to avoid being impacted by the tariffs. "Today, we're

19% of California houses are owned by investors

Relatively speaking, California is not a hot spot for housing investors. That’s a conclusion from my trusty spreadsheet’s review of data on investor activity across the nation from BatchData, a small data tracker that digs deeper into property records than many traditional real estate analysts. BatchData reviewed California ownership records to identify the state’s owner-occupied residences compared to houses controlled by investors. This study included properties for short-term or long-term r

Coinbase shares slide Tuesday as crypto play takes double-digit fall from July record

Shares were last down more than 5%. The decline occurred as investors adopted a risk-off stance on Tuesday and the three major averages declined. Coinbase is now off more than 30% from its all-time high of $444.65, reached on July 18. Shares popped in mid-July as legislators voted on a series of crypto-related bills, ending with President Donald Trump signing the GENIUS Act stablecoin legislation — the nation's first-ever crypto law. Shares have been collapsing since then. Shares of the crypto

Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record

Shares were last down more than 5%. The decline occurred as investors adopted a risk-off stance on Tuesday and the three major averages declined. Coinbase is now off more than 30% from its all-time high of $444.65, reached on July 18. Shares popped in mid-July as legislators voted on a series of crypto-related bills, ending with President Donald Trump signing the GENIUS Act stablecoin legislation — the nation's first-ever crypto law. Shares have been collapsing since then. Shares of the crypto

What founders should think about if looking to raise a Series C

Startup founders face a perplexing and even contradictory capital market in 2025, according to Sapphire Ventures partner Cathy Gao. “Capital isn’t scarce. But access to that capital is harder than ever,” she said. Gao, who spoke at TechCrunch’s All Stage conference in July, said it’s possible for startup founders, especially those in later Series C stage, to navigate this particular economic environment. And they need to start with a reality check. To begin, she said, it’s important to note th

OpenAI reportedly raises $8.3B at $300B valuation

ChatGPT-maker OpenAI has raised $8.3 billion at a $300 billion valuation, reports The New York Times. The deal is part of OpenAI’s broader strategy to secure $40 billion this year. The oversubscribed round came months ahead of schedule, per the NYT. OpenAI initially raised $2.5 billion from VC firms in March when it announced its intention to raise $40 billion in a round spearheaded by Softbank. The AI giant had planned to take on an additional $7.5 billion by the end of the year, but beat itse

Roundtables: Why It’s So Hard to Make Welfare AI Fair

Amsterdam tried using algorithms to fairly assess welfare applicants, but bias still crept in. Why did Amsterdam fail? And more important, can this ever be done right? Hear from MIT Technology Review editor Amanda Silverman, investigative reporter Eileen Guo, and Lighthouse Reports investigative reporter Gabriel Geiger as they explore if algorithms can ever be fair. Speakers: Eileen Guo, features & investigations reporter, Amanda Silverman, features & investigations editor, and Gabriel Geiger