Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would be the second-largest startup funding round ever, behind only OpenAI’s […]
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TechCrunch StrictlyVC in Athens in May will feature a special guest: the Greece Prime Minister
We’re thrilled to announce that Greece Prime Minister Kyriakos Mitsotakis will be joining us at our upcoming StrictlyVC event in Athens, co-hosted with Endeavor, on Thursday night, May 8, at the stunning Stavros Niarchos Foundation Cultural Center. For those who might not be familiar with his background, Mitsotakis brings a fascinating blend of experiences to […]
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Mystery will may reveal Zappos founder’s final wishes
According to the WSJ, a recently discovered will suggests late Zappos co-founder Tony Hsieh had concrete plans for his fortune despite previous beliefs that he died without leaving instructions for an estate that’s estimated to be worth $1.2 billion. Among other things, the document, signed in 2015 and included in a recent court filing, contains […]
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Tech resilience, breakout startups, and banking reinvented: The big conversations at StrictlyVC London in May
StrictlyVC is heading to London on May 13, uniting top investors and entrepreneurs to spark meaningful connections and drive forward innovation. We’re thrilled to welcome industry leaders like Nazo Moosa, general partner at Paladin Capital Group; Sonali De Rycker, partner at Accel; and TS Anil, CEO of Monzo Bank, to the stage. Paladin is proud […]
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Rivian elects Cohere’s CEO to its board in latest signal the EV maker is bullish on AI
Aidan Gomez, the co-founder and CEO of generative AI startup Cohere, has joined the board of EV maker Rivian, according to a regulatory filing. The appointment is the latest sign that Rivian sees promises in applying AI to its own venture while positioning itself as a software leader — and even provider — within the […]