Blog

  • Neom is reportedly turning into a financial disaster, except for McKinsey & Co.

    A new WSJ report suggests that Saudi Arabia’s now eight-year-old Neom project — a futuristic, carbon-neutral, 105-mile-long linear city envisioned by Crown Prince Mohammed bin Salman — has become a financial sinkhole. Plagued by delays and cost overruns, the country, which has already shelled out $50 billion, could reportedly face another 55 years of construction, […]

    © 2024 TechCrunch. All rights reserved. For personal use only.

  • New DOJ proposal still calls for Google to divest Chrome, but allows for AI investments

    The US Department of Justice is still calling for Google to sell its web browser Chrome, according to a Friday court filing.  The DOJ first proposed that Google should sell Chrome last year, under then-President Joe Biden, but it seems to be sticking with that plan under the second Trump administration. The department is, however, […]

    © 2024 TechCrunch. All rights reserved. For personal use only.

  • Cursor in talks to raise at a $10B valuation as AI coding sector booms

    Investor interest in AI coding assistants is exploding. Anysphere, the developer of AI-powered coding assistant Cursor, is in talks with venture capitalists to raise capital at a valuation of nearly $10 billion, Bloomberg reported. The round, if it transpires, would come about three months after Anysphere completed its previous fundraise of $100 million at a […]

    © 2024 TechCrunch. All rights reserved. For personal use only.

  • SpaceX Starship spirals out of control in second straight test flight failure

    SpaceX’s Starship spiraled out of control while in space during a test flight Thursday, marking the second launch in a row that the vehicle has run into a fatal problem on its way to orbit. The Federal Aviation Administration (FAA) briefly halted flights into major Florida airports and appears to have diverted some others out of […]

    © 2024 TechCrunch. All rights reserved. For personal use only.

  • Renaissance Fusion raises €32M to radically simplify complex fusion reactors

    The startup is betting that by simplifying stellarators, it can make fusion power cheaper and easier to maintain.

    © 2024 TechCrunch. All rights reserved. For personal use only.