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AI Summary

  • Meta's newly launched video creation app, Instagram Edits, achieved over 7 million downloads in its first week, surpassing the debut of ByteDance's competitor, CapCut.
  • Elon Musk's xAI Holdings is reportedly in talks to raise $20 billion, which could establish it as one of the largest private funding rounds in tech history, potentially valuing the company at over $120 billion.
  • DoorDash is pushing back against a lawsuit from Uber, claiming the accusations of anti-competitive practices lack merit and labeling the lawsuit as a "scare tactic."
  • Apple is considering relocating iPhone production from China to India, aiming to manufacture all US-bound devices by 2026, while facing challenges in meeting heightened demand for its new Switch 2 gaming console.
  • Google's AI initiatives are gaining traction, with 1.5 billion monthly users engaging with its AI-summarized search results, while the company faces scrutiny regarding the accuracy and reliability of this AI-generated information.

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TechCrunch

  1. Instagram Edits topped 7M downloads in first week, a bigger launch than CapCut’s techcrunch.com an hour ago by Sarah Perez
    Apps, Social, Instagram, videos, edits, Creators

    Instagram Edits, Meta’s newly released video creation app, had a bigger debut than its direct competitor, ByteDance’s CapCut, once did. The ne…

  2. Musk’s xAI Holdings is reportedly raising the second-largest private funding round ever techcrunch.com 8 hours ago by Connie Loizos
    AI, Elon Musk, xAI Holdings

    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 bil…

  3. DoorDash seeks dismissal of Uber lawsuit techcrunch.com 14 hours ago by Kirsten Korosec
    Transportation, DoorDash, Uber

    DoorDash has asked a California Superior Court judge to dismiss a lawsuit filed by Uber that accuses the food delivery company of stifling com…

  4. TechCrunch Mobility: Slate’s ‘transformer’ EV truck breaks cover and Tesla’s dueling realities techcrunch.com 15 hours ago by Kirsten Korosec
    Transportation, techcrunch mobility

    Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just cli…

  5. Anthropic sent a takedown notice to a dev trying to reverse-engineer its coding tool techcrunch.com 16 hours ago by Kyle Wiggers
    AI, Anthropic, OpenAI

    In the battle between two “agentic” coding tools — Anthropic’s Claude Code and OpenAI’s Codex CLI — the latter appears to be fostering more de…

  6. Deel files countersuit against Rippling as rivalry escalates techcrunch.com 17 hours ago by Mary Ann Azevedo
    Startups, Alex Bouaziz, Deel, parker conrad, Rippling

    In the latest development of an increasingly public dispute between HR and payroll services rivals, Deel has filed a countersuit against Rippl…

  7. Slate Auto eyes former Indiana printing plant for its EV truck production techcrunch.com 17 hours ago by Sean O'Kane
    Transportation, electric vehicles, EVs, Exclusive, slate auto

    Slate Auto, the buzzy new EV startup that broke stealth this week, is close to locking in a former printing plant located in Warsaw, Indiana a…

  8. TechCrunch StrictlyVC in Athens in May will feature a special guest: Greece’s prime minister techcrunch.com 17 hours ago by Connie Loizos
    TC, Venture, StrictlyVC, StrictlyVC Athens

    We’re thrilled to announce that Greece’s prime minister, Kyriakos Mitsotakis, will be joining us at our upcoming StrictlyVC event in Athens, c…

  9. The TechCrunch Cyber Glossary techcrunch.com 19 hours ago by Zack Whittaker, Lorenzo Franceschi-Bicchierai, Carly Page
    Security, cyberattacks, cybersecurity, data breach, evergreens

    This glossary includes the most common terms and expressions TechCrunch uses in our security reporting, and explanations of how — and why — we…

  10. ChatGPT: Everything you need to know about the AI-powered chatbot techcrunch.com 21 hours ago by Kyle Wiggers, Cody Corrall, Alyssa Stringer, Kate Park
    AI, ChatGPT, evergreens, Generative AI, OpenAI

    ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to superc…

  11. Startups Weekly: Tech IPOs and deals proceed, but price matters techcrunch.com 21 hours ago by Anna Heim
    Startups, Fundraising, venture capital, newsletters, Startups Weekly

    Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Si…

  12. An OpenAI researcher who worked on GPT-4.5 had their green card denied techcrunch.com a day ago by Kyle Wiggers
    AI, Government & Policy, immigration, OpenAI

    Kai Chen, a Canadian AI researcher working at OpenAI who’s lived in the U.S. for 12 years, was denied a green card, according to Noam Brown, a…

  13. Google’s AI search numbers are growing, and that’s by design techcrunch.com a day ago by Ivan Mehta
    AI, ai overviews, AI search, Google, quarterly results

    Google started testing AI-summarized results in Google Search, AI Overviews, two years ago, and continues to expand the feature to new regions…

  14. Roelof Botha, the head of Sequoia Capital, is coming to TechCrunch Disrupt 2025 techcrunch.com a day ago by TechCrunch Events
    Startups, TC, Venture, Disrupt, Disrupt 2025, roelof botha, Sequoia, TechCrunch Disrupt 2025

    We’re thrilled to announce that Roelof Botha, the managing partner of Sequoia Capital and one of the most influential figures in the venture c…

  15. Last day to boost your brand and host a Side Event at TechCrunch Sessions: AI techcrunch.com a day ago by TechCrunch Events
    TC, Startups, AI, TechCrunch Sessions: AI, TC Sessions: AI

    This is your last chance to put your brand at the center of the AI conversation during TechCrunch Sessions: AI Week — with applications to hos…

  16. Prince Harry meets, funds youth groups advocating for social media and AI safety techcrunch.com a day ago by Dominic-Madori Davis
    Social, AI, Exclusive, prince harry

    Prince Harry, Duke of Sussex, walked into the sunlit hotel conference room in Brooklyn on Thursday to meet with a dozen youth leaders working …

  17. Chinese AI startup Manus reportedly gets funding from Benchmark at $500M valuation techcrunch.com a day ago by Ivan Mehta
    AI, Startups, ai agent, Benchmark, In Brief, manus

    Chinese startup Manus AI, which works on building tools related to AI agents, has picked up $75 million in a funding round led by Benchmark at…

  18. Data breach at Connecticut’s Yale New Haven Health affects over 5 million techcrunch.com a day ago by Zack Whittaker
    Security, cybersecurity, data breach, hospitals

    Connecticut's largest healthcare provider said it was hit by ransomware in March.

  19. Bezos-backed Slate Auto debuts analog EV pickup truck that is decidedly anti-Tesla techcrunch.com a day ago by Sean O'Kane
    Startups, Transportation, electric vehicles, EVs, jeff bezos, slate auto

    A new American electric vehicle startup called Slate Auto has made its debut, and it’s about as anti-Tesla as it gets. It’s affordable, deeply…

  20. Faraday Future founder named co-CEO three years after being sidelined by internal probe techcrunch.com a day ago by Sean O'Kane
    Startups, Transportation, electric vehicles, EVs, faraday future

    Troubled electric vehicle startup Faraday Future’s board of directors has appointed founder Jia Yueting as the company’s co-CEO, three years a…

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