TikTok quietly launches a new ‘TikTok for Artists’ platform

As TikTok’s fate in the United States remains uncertain, the tech giant has quietly started testing a new “TikTok for Artists” insights platform that is designed to help artists build their careers, the company confirmed to TechCrunch. The platform will provide artists with tools to promote their songs, understand performance metrics, and engage with fans. … Read more

Devin, the viral coding AI agent, gets a new pay-as-you-go plan

Cognition, the startup behind the viral AI programming tool Devin, has introduced a new low-cost plan to incentivize signups. When Cognition released Devin last year, the tool quickly blew up on social media for its ability to perform certain software development tasks autonomously. But it soon became apparent that Devin struggled with more complex coding … Read more

Microsoft reportedly pulls back on its data center plans

Microsoft has pulled back on data center projects around the world, Bloomberg reports, suggesting that the company is wary of expanding its cloud computing infrastructure too rapidly. Microsoft has halted talks for or delayed development sites of data centers in the U.K., Australia, North Dakota, Wisconsin, and Illinois, per Bloomberg. A spokesperson told the publication … Read more

X may soon start selling inactive usernames to Verified Organizations starting at $10K, code reveals

X’s plan to boost revenue by selling off dormant usernames on its service is starting to shape up. According to recent changes found in X’s web application, the company is setting up a “handle inquiry” process that will allow Verified Organizations — companies and other organizations that already have a $1,000 per month X subscription … Read more

Studio Ghibli hasn’t commented on OpenAI’s onslaught of AI copies, but the fan subreddit has

When OpenAI debuted its image-generation feature in ChatGPT last week, social media exploded when users realized that they could make AI-generated images that looked like something out of an animated film from Studio Ghibli. Fans hoped that Studio Ghibli mastermind Hayao Miyazaki would take a stand, but the 84-year-old animator has remained silent. In the … Read more

Elon Musk took a chainsaw to the US government. Tesla is taking the hit.

Elon Musk has long been credited with turning Tesla into a beacon of innovation, the visionary who pushed the world into an era of electrification. But his slide into politics – specifically his alignment with President Trump and activities within the federal government – has dragged Tesla into uncertainty.  For many would-be Tesla buyers, the … Read more

Thatch raises $40M to give employees more control of their health care choices

Thatch, a startup that aims to transform the health insurance experience for employers and employees alike, has raised $40 million in a Series B round of funding, it tells TechCrunch exclusively. Index Ventures led the financing, which included participation from existing backers Andreessen Horowitz (a16z), General Catalyst, SemperVirens, PeopleTech Partners, The General Partnership, and new … Read more

ChatGPT users have generated over 700M images since last week, OpenAI says

OpenAI’s new image-generation feature is on track to be one of the company’s most popular product launches ever. According to Brad Lightcap, who oversees day-to-day operations and global deployment at OpenAI, over 130 million users have generated more than 700 million images since the upgraded image generator launched in ChatGPT on May 25. “[W]e appreciate … Read more

Voice AI platform Phonic gets backing from Lux

The quality of AI-generated voices is good enough for things like creating audiobooks and podcasts, having articles read aloud to you, and basic customer support. But many businesses don’t think AI voice tech is quite reliable enough to deploy. That’s why two MIT grads, Moin Nadeem and Nikhil Murthy (pictured above), founded Phonic, a company … Read more

Call for speakers: Showcase your knowledge at TechCrunch All Stage

Calling founders, VCs, and startup experts — share your scaling strategies! TechCrunch All Stage 2025 is assembling top minds in startups and venture capital on July 15 in Boston. If you have valuable insights on scaling, now’s your chance to share them with 1,200+ founders, investors, and entrepreneurs. Lead thought-provoking sessions, interactive roundtables, and actionable … Read more

Spotify debuts Gen AI ads, programmatic ad buying

Spotify announced Gen AI ads, among other changes to its advertising business, at an event in New York City on Thursday. Notably, the company introduced a new programmatic offering, the Spotify Ad Exchange (SAX), which allows advertisers to reach Spotify’s logged-in users via real-time auctions. Expanding on the SAX news, Spotify said it inked new … Read more

Runway, best known for its video-generating AI models, raises $308M

Runway, a startup developing a range of generative AI models for media production, including video-generating models, has raised $308 million in a Series D funding round. General Atlantic led the round, which had participation from Fidelity Management & Research Company, Baillie Gifford, Nvidia, SoftBank, and others. The fresh capital will be put toward AI research … Read more

The Nintendo Switch 2, hands-on: It’s pretty good!

At a presentation unveiling the Nintendo Switch 2, longtime Nintendo producer Kouichi Kawamoto revealed that at one point, he considered calling the Switch’s successor the “Super Nintendo Switch.” It would have been a nice nod to Nintendo’s second console, the Super Nintendo Entertainment System, which followed the original NES about 35 years ago. But Kawamoto, … Read more

Fuse raises $6.6M to fix a payment problem for companies expanding to MENA

Expanding into the Middle East and North Africa (MENA) remains a costly and complex challenge for global businesses, thanks to fragmented regulations and banking systems. Dubai-based fintech Fuse aims to simplify that with a cross-border payments API and has raised $6.6 million in seed funding to make it happen. Founded in 2023 by George Davis, … Read more

Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025

Plaid, which connects bank accounts to financial applications, has sold about $575 million worth of common stock at a $6.1 billion post-money valuation, the fintech company confirmed to TechCrunch. The valuation is about less than half of the $13.4 billion that San Francisco-based Plaid was valued at when it raised a $425 million Series D … Read more

Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa

Djamo is one of several digital banking startups targeting Africa’s underbanked. But unlike many that focus on large markets like Nigeria, Egypt, or South Africa, Djamo has carved out a niche in Francophone West Africa, specifically the Ivory Coast and, more recently, Senegal. It now serves over one million customers across both countries. The Y … Read more

Space solar startup Aetherflux raises $50M to launch first space demo in 2026

Aetherflux, the space solar startup founded by Baiju Bhatt, the billionaire co-founder of Robinhood, has raised $50 million in a Series A round as it works to launch its first low Earth orbit demonstration in 2026.  The San Carlos, California-based startup, which came out of stealth last October, aims to eventually launch a constellation of … Read more

OpenAI’s o3 model might be costlier to run than originally estimated

When OpenAI unveiled its o3 “reasoning” AI model in December, the company partnered with the creators of ARC-AGI, a benchmark designed to test highly capable AI, to showcase o3’s capabilities. Months later, the results have been revised, and they now look slightly less impressive than they did initially. Last week, the Arc Prize Foundation, which … Read more

Epic Games CEO calls Apple and Google ‘gangster-style’ businesses in need of competition

Epic Games CEO Tim Sweeney, whose company makes Fortnite and tools for other developers, including Unreal Engine, called out Apple and Google as “gangster-style businesses” engaged in illegal practices while speaking at a Y Combinator event on Wednesday. The executive also emphasized how the big tech companies’ practices directly affected his own business by scaring … Read more

You might be following Second Lady Usha Vance on Instagram now

Starting Wednesday, Meta says it will begin combining the Instagram accounts of the Second Lady of the United States, Usha Vance, and the former Second Gentleman of the United States, Doug Emhoff. As a result, the 1.2 million people who were previously following the Instagram account of Kamala Harris’s husband, @secondgentleman46archive (recently archived by the … Read more