Earlier this year, DeepSeek briefly crashed Nvidia’s stock because of speculation that its models require far fewer chips. Now, Chinese fintech giant Ant Group, which is backed by Alibaba founder Jack Ma, is claiming a major AI breakthrough. Ant was able to use Chinese chips made by Alibaba and Huawei …
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Vertical farming company Plenty files for bankruptcy after raising nearly $1B
Vertical farming company Plenty has filed for bankruptcy, the company said in a press release on Monday. In its statement, Plenty said it has received a commitment for $20.7 million in debtor-in-possession financing as part of a proposed restructuring plan. It plans to continue to operate a strawberry farm in …
Read More »French VC firm Founders Future plans US expansion
Founders Future, a Paris-based VC firm with €300 million in assets under management (around $324 million at current exchange rates), is opening up the capital of the holding company that manages Founders Future’s funds and Sowefund. The company has sold a 25% stake in the holding company to MACSF, the …
Read More »‘Give Me Liberty or Give Me Death!’ Patrick Henry’s Rallying Cry for Freedom Turns 250
The phrase “Give me liberty or give me death!” first rang out through the corridors of history in a famous speech by Patrick Henry delivered 250 years ago this week. In honor of the milestone, Patrick Henry Jolly, a fifth great-grandson of the Founding Father, reenacted his ancestor’s 1,200-word speech …
Read More »AI creation platform Arcade expands from jewelry to home goods
Arcade, a generative AI marketplace for designing jewelry, is expanding its offerings to include home goods, starting with rugs. The company on Monday also introduced a new feature called “Match My Room,” which allows users to upload a photo of their room so their design complements the existing colors and …
Read More »Fair-code pioneer n8n raises $60M for AI-powered workflow automation
Developer tooling is changing rapidly with AI. So companies that are making it easier to adopt AI in their workflows are seeing a boom of attention. After a startup called n8n (pronounced “enay-ten”) pivoted its workflow automation platform to become more AI-friendly in 2022, it said it saw its revenues …
Read More »US lifts sanctions on Tornado Cash, a crypto mixer linked to North Korean money laundering
U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was used to launder $7 billion worth of crypto stolen by North Korean hackers. In a statement, the Treasury said it “exercised our discretion” to delist Tornado Cash following a legal battle. …
Read More »Apply to speak at Disrupt 2025
Calling all tech innovators, startup fanatics, marketing gurus, and emerging VCs — this is your moment! You’ve waited long enough, and now the time has come to step into the spotlight at TechCrunch Disrupt 2025, taking place October 27–29 in San Francisco. Share your expertise with over 10,000 eager attendees …
Read More »Trump admin directs DOE officials to shield DOGE documents from disclosure
The Department of Energy has told employees that documents used by DOGE to assess the agency’s grants and contracts should be marked with “legal privilege” to prevent them from being disclosed under Freedom of Information Act requests. DOGE has supplied the agency with spreadsheets, which are to be completed by …
Read More »Robert Morris Abuse Case Latest: Cindy Clemishire Testifies Before Texas Lawmakers
Cindy Clemishire, the woman at the center of the abuse case involving former Gateway Church founder Robert Morris, stood before lawmakers at the Texas Capitol last week to advocate for survivors of sexual abuse and trafficking. The 55-year-old testified at the Capitol in Austin last Wednesday to support a bill …
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