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LangChain raised $125 million at a $1.25 billion valuation, the company announced on Monday. TechCrunch reported in July that the provider of a popular open source framework for building AI agents was raising fresh funds at a valuation of at least $1 billion. The deal was led by IVP, as we previously reported. New investors … Read more
Sesame, a conversational AI startup and smart glasses maker, has raised a $250 million Series B round and is opening up its beta to a select group of testers, the company announced Tuesday. The startup, headed by former Oculus co-founder and CEO Brendan Iribe and Ankit Kumar, former CTO of AR startup Ubiquity6, is working … Read more
Fal.ai, a startup that hosts image, video, and audio AI models for developers, has closed a new round valuing the company at over $4 billion, four people familiar with the deal said. The company raised approximately $250 million, two of the people said. Major investors in the round are Kleiner Perkins and Sequoia, according to … Read more
Periodic Labs, a new startup by one of OpenAI’s most respected researchers, Liam Fedus, and his former Google Brain colleague, Ekin Dogus Cubuk, came out of stealth last month with an enormous $300 million seed round. It was led by Felicis and included a who’s who of angels and other top VCs. The startup began … Read more
Mario Carbone’s flagship restaurant in Greenwich Village has around 75 seats, representing one of the most sought-after reservations in New York City. For diners hoping to score a slot, the process is almost an art form—a blend of opening Resy at the exact right second, or knowing someone who knows someone. But for Carbone, deciding … Read more
As fervor around stablecoins grows from Silicon Valley to Wall Street, one of the most high-profile new crypto projects has drummed up a massive coffer of funds to back its ambitious plans. Tempo, a payments-focused blockchain developed by the fintech giant Stripe and the blockchain venture firm Paradigm, has raised $500 million in fresh funding … Read more
You’re looking for big ways to grow your startup, whether that means securing investors, landing enterprise deals, or generating a nonstop pipeline of leads. This is your final moment. You have less than 24 hours — and only a couple of tables left — to lock in the most valuable growth opportunity of the year at TechCrunch … Read more
Andrew Lissimore has been running the audio apparel site Headphones.com for nearly a decade now. While audiophiles have a high affinity toward their gear and want to try out new gadgets, Lissimore wasn’t satisfied with continuously spending money on platforms like Meta and Google to acquire new customers; he wanted to find a way to … Read more
Energy startup Commonwealth Fusion Systems (CFS) said Thursday it’s working with Google’s DeepMind division to fine tune — and even improve — the operation of its forthcoming Sparc reactor using AI. The companies’ plan will simulate the plasma that will burn inside CFS’s reactor using specialized DeepMind software known as Torax. They also plan on … Read more
Electric aircraft startup Lilium may have ceased operations a year ago, but its insolvency filing wasn’t quite the end of the German-based company. There were multiple failed attempts to restructure the company, including a last-ditch effort by Mobile Uplift Corporation, a company set up by investors from Europe and North America, to acquire the operating … Read more
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