Abu Dhabi sovereign-wealth fund invests nearly $600M in Reliance Retail at $100B valuation
Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR...
Wisk Aero starts flight testing electric autonomous aircraft in Los Angeles
Electric vertical takeoff and landing vehicle company Wisk Aero has started flight testing a version of its autonomous air taxi aircraft in Los Angeles, according to...
Humans can’t resist breaking AI with boobs and 9/11 memes
The AI industry is progressing at a terrifying pace, but no amount of training will ever prepare an AI model to stop people from making it...
Bolt CEO discusses company moving on after SEC probe
One-click checkout software company Bolt Financial is putting a recent U.S. Securities and Exchange Commission probe behind it and moving on, according to CEO Maju Kuruvilla.
“It...
Crypto is about a lot more than a former golden boy turned villain
Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox...
A comprehensive list of 2023 tech layoffs
Last year’s techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have...
The future of social media is vertical
Discussions about what the future of social media might look like have become increasingly common over the last year. Elon Musk’s acquisition — and gutting —...
How NVIDIA became a major player in robotics
The last time I’d spoken with the NVIDIA at any length about robotics was also the last time we featured Claire Delaunay on stage at our...
Google, Apple face fines in South Korea for breaching in-app billing rules
South Korea’s telecommunication regulator, the Korea Communications Commission (KCC), said Friday that it plans to levy fines on Google and Apple, which could total up to...
AI app EPIK hits No. 1 on the App Store for its viral yearbook...
Another week, another AI app going viral. This time around, the AI app that has surged to the top of the App Store is EPIK, a...