The Latest Breaking News from TechCrunch

A tech CEO was stunned to learn his 'impressive' new software engineer, Preston Thorpe, was working remotely from prison.

Amazon (NASDAQ:AMZN) has agreed to acquire Bee, a San Francisco startup behind a $49.99 AI wristband that listens to conversations, transcribes speech, and generates personalized reminders, summaries, and to-do lists, according to media reports.

Rivian Automotive (NASDAQ:RIVN) ownership looks different going forward as the company's founder RJ Scaringe had to transfer part of his stake in the electric vehicle company as part of a divorce settlement.

Former Founders Fund general partner Brian Singerman and Quiet Capital co-founder Lee Linden are reportedly raising over $500 million for GPx, a new venture capital fund that combines traditional investing with fund-of-funds elements.

Carbon removal buyer coalition Frontier has committed $41 million to climate tech startup Arbor Energy to scale a rocket-inspired biomass power plant that captures 99% of its carbon emissions. Frontier announced last week that the deal will support Arbor's first commercial facility in southern Louisiana and aims to remove 116,000…

OpenAI CEO Sam Altman announced on Friday that the company is delaying the release of its open model, which had already been postponed earlier this summer.

"Success is not guaranteed," Wall Street Journal reporter Keach Hagey told TechCrunch in an interview last month. Her recently released biography, "The Optimist," tracks Sam Altman from St. Louis coder to OpenAI CEO. 

Artificial intelligence is poised to transform labor-heavy industries such as consulting, accounting, and legal services—sectors worth an estimated $5 trillion globally—by enabling software-like margins and reducing dependence on human labor, Mayfield Managing Director Navin Chaddha told TechCrunch.

I won’t grant Meta’s AI access to my phone’s image library – I think it's a breach of my privacy and creative autonomy