According to Dealroom data cited by the Financial Times, British start-ups raised just £16.2 billion last year, far less than the more than £65 billion raised by their counterparts in Silicon Valley during the same period. In fact, the U.S. appears to be pulling further ahead each year. In 2024, 57% of global venture capital...
Category: Tech Crunch
Access to future AI models in OpenAI’s API may require a verified ID
OpenAI may soon require organizations to complete an ID verification process in order to access certain future AI models, according to a support page published to the company’s website last week. The verification process, called Verified Organization, is “a new way for developers to unlock access to the most advanced models and capabilities on the...
Apple reportedly working on a Vision Pro that plugs into your Mac
Apple isn’t giving up on its mixed reality headset the Vision Pro, according to Bloomberg’s Mark Gurman. The company has been debating the best direction forward for the product after disappointing sales, Gurman says, but is now moving forward with two different models. One would address probably the two biggest complaints about the initial product...
Tech tariff exemptions are only temporary, according to Trump’s commerce secretary
The tech industry may not be safe from new tariffs, according to U.S. Commerce Secretary Howard Lutnick. The Trump administration announced Friday evening that consumer electronics such as laptops and smartphones would be exempt from the tariffs it unveiled earlier this month. (While Trump delayed many of those tariffs this week, he left a 10%...
Jack Dorsey and Elon Musk would like to ‘delete all IP law’
Jack Dorsey, co-founder of Twitter (now X) and Square (now Block), sparked a weekend’s worth of debate around intellectual property, patents, and copyright, with a characteristically terse post declaring, “delete all IP law.” X’s current owner Elon Musk quickly replied, “I agree.” It’s not clear what exactly brought these comments on, but they come at...
Why an Amazon driver could be the one who saves your life
In a quiet transformation from merchandising giant to (also) healthcare giant, Amazon may be positioning its sprawling logistics network and growing medical footprint to potentially save lives, starting with your front door. According to Bloomberg, back in 2023, Amazon piloted a several months-long pilot program called Project Pulse, equipping delivery vans with defibrillators and training...
Apple’s ‘Mythic Quest’ is ending with an updated Season 4 finale
“Mythic Quest,” the Apple TV+ workplace comedy about the making of a popular online roleplaying game, is ending after four seasons. A new version of the show’s fourth season finale — first aired on March 26, and now the de facto series finale — will premiere on Apple TV+ next week, with a new ending....
OpenAI co-founder Ilya Sutskever’s Safe Superintelligence reportedly valued at $32B
Safe Superintelligence (SSI), the AI startup led by OpenAI’s co-founder and former chief scientist Ilya Sutskever, has raised an additional $2 billion in funding at a $32 billion valuation, according to the Financial Times. The startup had already raised $1 billion, and there were reports that an additional $1 billion round was in the works....
Cofertility’s radical model for women: Freeze your eggs for free by donating half of them
In recent years, focus on career and delayed marriage age is driving some women to consider preserving their fertility through egg freezing. But the steep cost of the procedure, estimated at $10,000 to $15,000 per attempt, means many women can’t afford it during their most fertile years: 20s and early 30s. Cofertility, a startup founded...
Trump exempts smartphones, laptops, and semiconductors from new tariffs
The Trump administration is carving out big tariff exemptions for the tech industry. While President Donald Trump said Wednesday that he would delay many of the market-shaking tariffs that he’d announced the previous week, he kept a universal baseline 10% tariff in place, while also increasing tariffs on Chinese goods to 125% (on top of...