How an e-scooter founder raised $5 million to build space data centers
TechCrunch AI5 days agoBusinessEuwyn Poon, co-founder of e-scooter company Spin, has raised $5 million for his new startup, Orbital. The company aims to launch 10,000 space-based data centers into orbit. By moving compute infrastructure into space, Orbital seeks to bypass Earth's power and cooling constraints while providing edge computing capabilities directly in orbit.
Defense tech, AI, and fundraising at StrictlyVC Los Angeles on June 18
TechCrunch AI9 days agoBusinessTechCrunch says StrictlyVC Los Angeles will take place on June 18 at The Aerospace Corporation Campus in El Segundo. The evening will bring together investors, founders, and tech leaders for conversations on venture capital, defense technology, artificial intelligence, and advanced industry. The article is primarily an event preview and registration prompt, not a product launch or technical announcement.
Cyera eyes $12B valuation at 80x ARR multiple despite operating losses
TechCrunch AI11 days agoBusinessTechCrunch reports that cybersecurity company Cyera is nearing a $300 million funding round led by Evolution Equity Partners. The deal could value the company at around $12 billion, or roughly 80 times ARR. The report highlights that this high valuation is being pursued despite operating losses, underscoring investor appetite for fast-growing cybersecurity businesses.
Rocket engine startup Impulse raises $500 million to hire people, not AI
TechCrunch AI12 days agoBusinessRocket engine startup Impulse raised $500 million, with hiring people positioned as the priority rather than AI. Impulse Space president Eric Romo said engineering physical systems still depends on human talent. The provided text does not specify investors, funding round, hiring targets, roles, valuation, or how the company may use AI in its workflows.
Alphabet plans to raise $80 billion to pay for AI buildout
TechCrunch AI12 days agoBusinessGoogle parent Alphabet plans to raise $80 billion by selling stock to pay for its AI buildout. The provided article text does not specify the offering timeline, pricing, allocation of proceeds, or the infrastructure projects involved. The key takeaway is the scale of capital Alphabet expects to commit to AI-related expansion.
The Groupthink Boom: What 3 Top VCs Really Think About the AI Frenzy
TechCrunch AI15 days agoBusinessTechCrunch examines the AI investment frenzy through the views of three top venture capitalists. One VC joked that a 22-year-old building in AI in San Francisco may already have a seed term sheet, while a 19-year-old might have a Series A offer. The remark highlights intense competition for young AI founders and the risk of groupthink.
Anthropic 營收爆發成長！傳估值直逼 1 兆美元，挑戰全球最貴 AI 新創寶座★ 85
INSIDE 硬塞 AI22 days agoBusinessAccording to the latest reports, AI startup Anthropic has seen explosive revenue growth and is actively engaged in negotiations for a new funding round…