Fisker bumps up production for all-electric Ocean SUV

Fisker is raising its manufacturing forecast two weeks before its first electric vehicle, the Ocean SUV, enters production. The automaker plans to produce 42,400 Ocean SUVs by the end of 2023, up from an initial forecast of 40,000, due to strong demand in the U.S. and Europe. The company said it has received 62,000 reservations … Read more

Daily Crunch: Former Googlers raise more than $90M to scale alternative asset fintech startup

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hellooooo, guess what? It’s November! We guess it was actually November yesterday, too, but we failed to notice, because LOL what even is time, amirite. Anyway, put away your Halloween costumes and … Read more

Roku drops ~19% as it braces for a bumpy fourth quarter

As advertisers pull back on spending and supply chain disruptions persist, investors have braced themselves for an unpleasant quarter for Roku. And investors are probably right to be worried. Roku released its fiscal third-quarter earnings results on Wednesday, revealing that it is still experiencing slow growth in active accounts and revenue in a continuously challenging … Read more

The best Amazon device day deals

Fire tablets and other Alexa-enabled gadgets are currently on sale at Amazon. | Photo by Dan Seifert / The Verge It’s Alexa’s birthday, and to celebrate, Amazon is discounting a wide range of its smart home products, including Echo devices, Fire TVs, Blink video doorbell systems, and Fire tablets. We’ve outlined a few highlights here … Read more

Web3 infrastructure startup Tenderly takes on Infura, Alchemy with new node offering

Web3 developer tooling startup Tenderly is getting into the node game with a new product it announced today called Web3 Gateway. The product will help web3 developers read, stream and analyze blockchain data, according to the company. The offering builds on the company’s observability stack, which it says indexes over nine billion transactions across more … Read more

Proptech in Review: 3 investors explain how finance-focused proptech startups can survive the downturn

In the early days of the COVID-19 pandemic, interest rates for mortgages dropped to historic lows. Predictably, home buyers made hay, taking full advantage of the favorable financial environment to pick up new homes and refinancing mortgages on their existing homes. Startups operating in the financial side of the real estate tech market suddenly faced … Read more

OpenAI will give roughly 10 AI startups $1M each and early access to its systems

OpenAI, the San Francisco-based lab behind AI systems like GPT-3 and DALL-E 2, today launched a new program to provide early-stage AI startups with capital and access to OpenAI tech and resources. Called Converge, the cohort will be financed by the OpenAI Startup Fund, OpenAI says. The $100 million entrepreneurial tranche was announced last May … Read more