In the first half of 2024 alone, more than $35.5 billion was invested into AI startups globally. 2024 TechCrunch. All rights reserved. For personal use only.

Logistics is the name of the game during the holiday season: Companies that can seal the deal and get people and things to the places they need to be, on time, rake it in this time of year. But behind that demand lies a huge amount of inefficiency and fragmentation. Are logistics businesses ready for [] 2024 TechCrunch. All rights reserved. For personal use only.

Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to sources with knowledge of the deal. The round is being led by returning investor Thrive Capital, the person said. This new funding comes just four months after Anysphere raised its $60 million Series [] 2024 TechCrunch. All rights reserved. For personal use only.

A new app called Tapestry promising to unify social media, news, and RSS in one place, is nearing completion. Designed by Iconfactory, the same team that created the third-party Twitter client Twitterific back in the day, Tapestry was unveiled at the beginning of the year as a tool that could better organize todays fragmented online [] 2024 TechCrunch. All rights reserved. For personal use only.

Founders now have a way to ensure that their investors havent taken money from countries like China, Russia, Iran or Cuba. Over 20 venture firms have signed the Clean Capital Certification, attesting that they have not and will not take money from foreign adversaries. Some of the firms that have signed include Marlinspike Partners, Humba [] 2024 TechCrunch. All rights reserved. For personal use only.

Digital bank Chime has reportedly filed its confidential IPO paperwork with the SEC, with an eye toward a 2025 debut. 2024 TechCrunch. All rights reserved. For personal use only.

K2 Space is betting that the future of the space hardware will be big really big. The startup is building massive spacecraft under the assumption that launch costs will continue to drop as SpaceXs Starship and other heavy-lift vehicles come online. It looks like the Space Force is taking up their side of that [] 2024 TechCrunch. All rights reserved. For personal use only.

A young startup that emerged from stealth less than two months ago with big-name backers and bigger ambitions to make a splash in the world of AI is returning to the spotlight. Decart is building what its CEO and co-founder Dean Leitersdorf describes as a fully vertically integrated AI research lab, alongside enterprise and consumer [] 2024 TechCrunch. All rights reserved. For personal use only.

Smart ring maker Oura announced on Thursday that it has closed a $200 million Series D funding round, bringing the companys valuation to $5.2 billion. The round included participation from Fidelity Management and glucose device makerDexcom. Oura says the new capital will allow it to expand its product offerings and further invest in product, science, [] 2024 TechCrunch. All rights reserved. For personal use only.

Alongside the rising adoption and value of crypto assets, theft is also on the rise. This year, the total value of cryptocurrency stolen surged 21%, reaching a substantial $2.2 billion. And according to a Chainalysis report released on Thursday, more than half of this amount was stolen by North Korea-affiliated hacking groups. Earlier this year, [] 2024 TechCrunch. All rights reserved. For personal use only.

Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn, signaling that investors are being more selective when striking deals. The number of startup funding rounds fell to 1,448 compared to 2,114 last year, but overall funding rose 6% to $11.3 billion the [] 2024 TechCrunch. All rights reserved. For personal use only.