Wednesday, January 22, 2025

a16z-backed fintech Synapse lays off 40% of its staff

Banking-as-a-service startup Synapse confirmed today that it has laid off 86 people, or about 40% of the company. The San Francisco-based company, which operates a platform enabling...

Artists across industries are strategizing together around AI concerns

As creative industries grapple with AI’s explosion into every artistic medium at once, separate calls from artists warning the world to take action before it’s too...

EV buyers will soon get their $7,500 credit quicker

Starting in January, the IRS will make the $7,500 federal EV tax credit available immediately via dealers. The Treasury Department announced the update on Friday, noting...

TechCrunch+ Roundup: AI investor survey, calculating TAM, inside the FTX trial

Follow-on financing is harder to raise these days, which means founders must watch their spending like hawks while keeping the peace with their investors like sweet,...

OpenAI said to be considering developing its own AI chips

OpenAI, one of the best-funded AI startups in business, is exploring making its own AI chips. Discussions of AI chip strategies within the company have been ongoing...

Electric seaglider startup Regent takes flight with $60M in new funding

The promise of electric aviation has been weighed down by the limited range of batteries and the long certification process. Regent co-founder and CEO Billy Thalheimer,...

SBF Trial: The latest updates from the FTX collapse’s courtroom drama

Sam Bankman-Fried is in court for alleged fraud while leading crypto exchange FTX. Here’s our latest coverage as the case continues. Morgan Little Jacquelyn Melinek 7 hours Sam Bankman-Fried, the...

Some gen AI vendors say they’ll defend customers from IP lawsuits. Others, not so...

A person using generative AI — models that generate text, images, music and more given a prompt — could infringe on someone else’s copyright through no...

The whole venture merry-go-round is decelerating

Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance...

Watch United Launch Alliance launch two Project Kuiper test satellites for Amazon

After years of development, the moment is finally here: Amazon will send two of its Kuiper test satellites to space, as the company looks to take...