DeepSeek, a rising star in the AI and semiconductor space, has seen its valuation skyrocket from $10 billion to $45 billion in just three weeks. The huge jump was driven by a major investment from China’s top state-backed semiconductor fund, marking a significant shift in Beijing’s tech strategy. What started as a modest funding round
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In just two years, a company that started as a cryptocurrency miner has become Europe’s most valuable AI startup. Now, it is investing over €695 million ($812 million) in Portugal to expand its AI hardware infrastructure. This rapid transformation highlights a new trend in the tech industry, where crypto companies are pivoting to support AI
April was a big month for startup funding, especially in the AI sector. Globally, venture investments hit $56 billion, making it the third-highest month in the past year. This surge was driven by massive funding rounds for AI companies and projects, showing how hot the AI industry has become. Huge AI Funding Boosts Overall Investment
There’s a lot of talk about whether the current rise in AI companies and investments is just a bubble or the start of something truly revolutionary. Some experts believe it’s both. They see signs of hype and overinvestment, but also recognize AI’s potential to change how we live and work. One prominent voice in this
Just three months after raising over $30 billion through a multi-currency bond issue, Alphabet, Google’s parent company, is back in the bond market. This time, it’s issuing euro-denominated debt, expanding its already sizable borrowing program to fund its ambitious AI development efforts. The move highlights how large tech firms are increasingly relying on long-term debt
There’s a special deal happening now for TechCrunch Disrupt 2026 that you don’t want to miss. For just five days, you can buy one ticket and get a second one at half price. It’s a great chance to bring a partner, colleague, or teammate and maximize your experience at the event. The offer ends on
AI company Sierra has just announced a major funding boost, raising $950 million in a new round led by Tiger Global and GV. This brings the company’s total valuation to over $15 billion. With this capital, Sierra aims to become the global leader in AI-powered customer experiences, competing in a crowded market with other tech
OpenAI has officially completed its most ambitious enterprise AI project to date, launching a $10 billion joint venture called The Deployment Company. This move marks a new chapter in how AI technology is integrated into large private equity firms’ portfolios. The deal involves a mix of major investors and aims to embed OpenAI’s tools directly
Skio, a startup backed by Y Combinator, achieved a remarkable exit without traditional sales, marketing, or advertising efforts. The company was built to improve subscription tools for Shopify merchants and was acquired for $105 million in cash by its biggest competitor, Recharge. This shows how a focus on product quality and word-of-mouth can drive success,
GameStop is reportedly gearing up to make a significant move in the tech and retail world. According to the Wall Street Journal, the company is preparing to submit an offer to buy eBay. While no official bid has been made yet, sources suggest that GameStop could act as soon as later this month. This potential
