Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos

Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos

The Philippines has millions of unbanked adults, and its consumer lending market is starting to catch up. Salmon, a Manila-based consumer finance app, just raised $60 million in equity and $40 million in debt to bring digital banking to Filipinos. Salmon was founded by Pavel Fedorov, George Chesakov, and Raffy Montemayor, all of whom previously…

Another customer of troubled startup Delve suffered a big security incident

Another customer of troubled startup Delve suffered a big security incident

The story of embattled compliance startup Delve keeps hitting twists and turns. TechCrunch has confirmed that Delve was the compliance company that performed the security certifications for Context AI, the AI agent training startup that last week disclosed a security incident which led to a data breach at popular app and website hosting giant Vercel….

AI galaxy hunters are adding to the global GPU crunch

AI galaxy hunters are adding to the global GPU crunch

NASA announced that it will launch the Nancy Grace Roman space telescope into orbit in September 2026, eight months ahead of schedule. The new space telescope is expected to deliver 20,000 terabytes of data to astronomers over the course of its life. That will add to 57 gigabytes of breath-taking imagery downlinked daily from the…

Meta will now allow parents to see the topics their child discussed with Meta AI

Meta will now allow parents to see the topics their child discussed with Meta AI

Meta announced on Thursday that parents using its supervision tools can now see the topics their teen has asked Meta AI about in the past week on Facebook, Messenger, or Instagram. Parents will see a new “Insights” tab within the supervision hub showing the topics their teen has been discussing with the AI chatbot. Topics…

From the stage to the future: Where are Startup Battlefield’s alumni now?

From the stage to the future: Where are Startup Battlefield’s alumni now?

Some of the most consequential companies in tech history didn’t launch with a splashy fundraising announcement. They started with a pitch. Dropbox demoed to a room of skeptics. Cloudflare took the stage before most people understood what edge networking meant. Discord was a scrappy game developer called Hammer & Chisel. Mint, Trello, Forethought, N26 —…

France confirms data breach at government agency that manages citizens’ IDs

France confirms data breach at government agency that manages citizens’ IDs

The French government agency that handles the issuing and management of citizens’ identity documents, including national IDs, passports, and immigration documents, confirmed Wednesday that it experienced a data breach. In an announcement, the Agence Nationale des Titres Sécurisés (ANTS) said the data stolen in the breach could include full names, dates and places of birth,…

How SpaceX preempted a $2B fundraise with a $60B buyout offer

How SpaceX preempted a $2B fundraise with a $60B buyout offer

Until a few hours before SpaceX announced its deal, giving it the option to acquire Cursor — the maker of AI-powered coding software — for $60 billion, Cursor was on track to close a $2 billion funding round later this week, according to a person familiar with the matter. The round would have valued the…

Shade lands $14M to let creative teams search their video libraries in plain English

Shade lands $14M to let creative teams search their video libraries in plain English

For creative and marketing teams, a simple cloud storage solution often falls short. These teams need to sift through large numbers of files to find what they’re looking for. The problem is getting worse: AI is accelerating content generation, meaning more media files than ever, which makes the task even trickier. A New York-based startup…