Allbirds is selling for $39 million. It raised nearly 10 times that amount in its IPO.

Allbirds is selling for $39 million. It raised nearly 10 times that amount in its IPO.

Allbirds, the wool sneaker brand that became a kind of unofficial uniform for the Silicon Valley set, has agreed to sell all of its assets and intellectual property to American Exchange Group for $39 million — which is roughly one-tenth of the $348 million it raised in its 2021 IPO and a fraction of the…

Qodo raises $70M for code verification as AI coding scales

Qodo raises $70M for code verification as AI coding scales

As AI coding tools generate billions of lines of code each month, a new bottleneck is emerging: ensuring that software works as intended. Qodo, a startup building AI agents for code review, testing, and governance, is betting that verification will define the next phase of software development. The New York-headquartered startup has raised a $70…

Mistral AI raises $830M in debt to set up a data center near Paris

Mistral AI raises $830M in debt to set up a data center near Paris

French lab Mistral AI has raised $830 million in debt to build a new data center near Paris that will be powered by Nvidia chips, according to reports from Reuters and CNBC. Mistral first announced plans to build a data center last year, when its CEO Arthur Mensch said it would explore different financing options…

Bluesky’s new AI tool Attie is already the most blocked account other than J. D. Vance

Bluesky’s new AI tool Attie is already the most blocked account other than J. D. Vance

Bluesky has launched an AI assistant called Attie that allows users to design their own social media algorithms and create custom feeds within the company’s AT Protocol ecosystem. And let’s just say the response has been heated. Attie debuted this weekend at the ATmosphere conference, which Bluesky sponsors. But Bluesky’s userbase did not embrace the…

Meta starts testing a premium subscription on Instagram

Meta starts testing a premium subscription on Instagram

Meta has begun testing a premium subscription on Instagram in a few countries, the company confirmed to TechCrunch on Monday. The subscription, called Instagram Plus, gives subscribers access to exclusive features. The move comes two months after Meta told TechCrunch that it was planning to test new subscriptions on Instagram, Facebook, and WhatsApp. Among the…

Popular AI gateway startup LiteLLM ditches controversial startup Delve

Popular AI gateway startup LiteLLM ditches controversial startup Delve

LiteLLM, makers of a popular AI gateway used by millions of developers, has publicly announced that it is ditching compliance startup Delve and will redo its security certifications with another company and auditor. The announcement comes after LiteLLM’s open source version fell victim to some horrific credential-stealing malware last week. Prior to the incident, LiteLLM…

15% of Americans say they’d be willing to work for an AI boss, according to new poll

15% of Americans say they’d be willing to work for an AI boss, according to new poll

Would you trade your manager for a chatbot? A growing number of Americans are saying yes. According to a Quinnipiac University poll published Monday, 15% of Americans say they’d be willing to have a job where their direct supervisor was an AI program that assigned tasks and set schedules. Quinnipiac surveyed 1,397 adults in the…

15% of Americans say they’d be willing to work for an AI boss

15% of Americans say they’d be willing to work for an AI boss

Would you trade your manager for a chatbot? A growing number of Americans are saying yes. According to a Quinnipiac University poll published Monday, 15% of Americans say they’d be willing to have a job where their direct supervisor was an AI program that assigned tasks and set schedules. Quinnipiac surveyed 1,397 adults in the…

Former Coatue partner raises huge $65M seed for enterprise AI agent startup 

Former Coatue partner raises huge $65M seed for enterprise AI agent startup 

Yet another startup aiming to help enterprises build, secure and orchestrate AI agents has raised a honking big seed round. Sycamore on Monday announced a $65 million seed led by Coatue and Lightspeed, with a long list of angels including former OpenAI chief scientist Bob McGrew, Intel CEO Lip-Bu Tan, Databricks CEO Ali Ghodsi, and others.  A few things turned investors’ heads and drew them to participate in such a big round out of the gate. First, unlike many…

As more Americans adopt AI tools, fewer say they can trust the results

As more Americans adopt AI tools, fewer say they can trust the results

Americans are increasingly turning to artificial intelligence to help with things like research, writing, school or work projects, and analyzing data — but they’re not exactly happy about it. Even as AI use and adoption rises, Americans continue to lack trust in the new tool, according to a Quinnipiac University poll published Monday. Of the…