The Chainsmokers’ Mantis Ventures closes $100M third fund
The fund brings Mantis’ assets under management to $225 million.
Amazon’s Kuiper satellites to get boost from rival SpaceX
Amazon is looking to its main competitor to get its next batch of Kuiper satellites to orbit.
US Army soldier pleads guilty to hacking telcos and extortion
Cameron Wagenius had already pleaded guilty to other charges earlier this year.
A former OpenAI engineer describes what it’s really like to work there
A senior engineer describes the thrill, chaos, and exhaustion of working at OpenAI this past year while launching its coding agent Codex.
Brian Singerman is raising over $500M for a new fund with a twist on the VC model
Former Founders Fund GP Brian Singerman and co-founder and managing partner of Quiet Capital, Lee Linden, are seeking over $500 million for a new fund called GPx, three people familiar…
Meta built its AI reputation on openness — that may be changing
Top members of Meta’s new Superintelligence Lab discussed pivoting away from the company’s powerful open source AI model, Behemoth, and instead developing a closed model. This would mark a major…
Former Sequoia partner Matt Miller raises $355M for new fund — with Sequoia’s backing
Former Sequoia partner Matt Miller has already locked in $355 million for his new fund, Evantic, which is also backed by Sequoia, TechCrunch learned.
Following YouTube, Meta announces crackdown on ‘unoriginal’ Facebook content
Like YouTube, Meta says it won’t penalize users who are engaging with other people’s content, doing things like making reaction videos, joining a trend, or adding their own takes.
Episource is notifying millions of people that their health data was stolen
The UnitedHealth-owned medical coding service was hacked earlier this year by a ransomware gang.
Meta acquires voice startup Play AI
Meta has acquired Play AI, a startup that uses AI to generate human-sounding voices.