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European police email 75,000 people asking them to stop DDoS attacks

A coalition of global law enforcement agencies have sent emails to more than 75,000 alleged cybercriminals who paid for a service to launch cyberattacks that can knock websites offline. On Thursday, Europol announced the coordinated operation against several distributed denial-of-service (DDoS) for-hire services, which allow criminals to launch cyberattacks without …

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OpenAI takes aim at Anthropic with beefed-up Codex that gives it more power over your desktop

There is currently a low-grade war between OpenAI and Anthropic over who can release the most convenient and powerful AI-coding tools and, so far, Anthropic seems to be winning. Claude Code has been dubbed the tool of choice for many businesses, as TechCrunch reported last week, but OpenAI isn’t giving …

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Slash, a Ramp competitor founded by teenagers, raises $100M at $1.4B valuation

Slash Financial, which offers business banking accounts, corporate credit cards, transfers, and crypto, has raised a $100 million Series C round at a $1. 4 billion valuation from a crowd of A-list investors, the company announced. Fintech-focused Ribbit Capital, Khosla, and Goodwater Capital led the round. Returning investors NEA and …

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From the Startup Battlefield stage to the International Space Station: geCKo Materials built a sticky product

For a successful deep tech startup, the laboratory breakthrough is only the first step. To spin out an innovative technology into a scalable business, a founder has to navigate a complicated legal process. This week on Build Mode, Isabelle Johannessen speaks with Capella Kerst, founder and CEO of geCKo Materials …

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Physical Intelligence, a hot robotics startup, says its new robot brain can figure out tasks it was never taught

Physical Intelligence, the two-year-old, San Francisco-based robotics startup that has quietly become one of the most closely watched AI companies in the Bay Area, published new research Thursday showing that its latest model can direct robots to perform tasks they were never explicitly trained on — a capability the company’s …

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Upscale AI in talks to raise at $2B valuation, says report

AI infrastructure company Upscale AI is reportedly in talks to nab its third funding round since launching just seven months ago, according to Bloomberg. This latest round — which aims to raise around $180 million to $200 million — would value the company at about $2 billion. The company announced …

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Netflix co-founder and chair Reed Hastings to leave board

Reed Hastings, the co-founder and chairman of Netflix, is leaving the company’s board when his term expires this summer. Hastings is stepping aside to focus on “philanthropy and other pursuits,” the company said in a letter to shareholders. The departure was revealed in the company’s first-quarter earnings report published Thursday. …

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Luma launches AI-powered production studio with faith-focused Wonder Project

AI video generation startup Luma has launched Innovative Dreams, a production company built in partnership with Wonder Project, a streaming service that produces religious films and TV on Amazon Prime. The tie-up’s first show will be called “The Old Stories: Moses,” starring British actor Ben Kingsley and set to launch …

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Factory hits $1.5B valuation to build AI coding for enterprises

More than three years after the emergence of generative AI, AI-assisted coding remains by far the most popular and lucrative use case for the technology. Although multiple companies — including Anthropic, maker of Claude Code, as well as Cursor and Cognition — are already vying for dominance, investors believe there …

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New leaders, new fund: Sequoia has raised $7B to expand its AI bets

Few venture firms have bet more aggressively on AI than Sequoia Capital, and it isn’t slowing down. The Silicon Valley stalwart has raised roughly $7 billion for a new fund, according to Bloomberg. Sequoia declined TechCrunch’s request for comment. The money will go toward what the firm calls its “expansion …

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