Nvidia rival Cerebras Systems raised a new round of private financing despite its previous plan to be trading on the public market by 2025.
Silicon Valley-based Cerebras announced it raised a $1.1 billion Series G round on Tuesday that valued the AI hardware company at $8.1 billion. The round was co-led by Fidelity and Atreides Management with participation from Tiger Global, Valor Equity…
AI-powered app development is really taking off, and smartphone maker Nothing seems intent on capitalizing on the trend: The company on Tuesday revealed Playground, an AI tool that lets users create apps with simple text prompts and deploy them to a platform of sorts known…
Opera launches its AI-centric Neon browser
October 1, 2025
Browser maker Opera launched its AI-centric browser Neon Tuesday, with the ability to create apps through AI prompts and create repeatable prompts through a feature called “Cards.” With this Opera joins a growing number of companies like Perplexity and The…
ComplexChaos thinks AI can help people find common ground
September 30, 2025
Making democracy work isn’t easy, as recent events have made clear. Some critics would argue that technology is making it worse. But one startup is hoping that AI could help bridge some differences instead of widen them.
“I had an a-ha moment one day when I realized people are asking AI to explain something like they’re five years old,” Tomy Lorsch, co-founder and CEO of…
Former Microsoft execs launch AI agents to end Excel-led finance
September 30, 2025
Despite millions spent on financial software, many finance teams still rely on Excel to close their books and reconcile numbers while preparing them for audit. Two former Microsoft executives view it as a problem – and they have started Maximor to replace spreadsheets…
Paid, the AI agent ‘results-based billing’ startup from Manny Medina, raises huge $21M seed
September 30, 2025
Manny Medina, previously best-known as the founder of sales automation startup Outreach ($4.4 billion valuation), has wowed investors with his young startup, Paid.
Paid just closed an oversubscribed $21.6 million seed round led by Lightspeed. With the €10 million pre-seed…
The billion-dollar infrastructure deals powering the AI boom
September 29, 2025
It takes a lot of computing power to run an AI product – and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that between $3 trillion and $4 trillion will be spent on AI infrastructure by the end of the decade – with much of…
Wiz chief technologist Ami Luttwak on how AI is transforming cyberattacks
September 29, 2025
“One of the key things to understand about cybersecurity is that it’s a mind game,” Ami Luttwak, chief technologist at cybersecurity firm Wiz, told TechCrunch on a recent episode of Equity. “If there’s a new technology wave coming, there are new…
How developers are using Apple’s local AI models with iOS 26
September 29, 2025
Earlier this year, Apple introduced its Foundation Models framework during WWDC 2025, which allows developers to use the company’s local AI models to power features in their applications.
The company touted that with this framework, developers gain access to AI models…
OpenAI says GPT-5 stacks up to humans in a wide range of jobs
September 26, 2025
OpenAI released a new benchmark on Thursday that tests how its AI models perform compared to human professionals across a wide range of industries and jobs. The test, GDPval, is an early attempt at understanding how close OpenAI’s systems are to outperforming humans at economically valuable work – a key part of the company’s founding mission to develop artificial general…
