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Today β€” 11 April 2025TechCrunch News

Forerunner’s long game: As startups stall before IPO, all options are on the table

11 April 2025 at 17:29
Thirteen years ago, Forerunner Ventures began helping to usher in a new era of consumer startups, including Warby Parker, Bonobos, and Glossier. None has gone through a traditional IPO process. Warby Parker was taken public through a special purpose acquisition vehicle. Bonobos was acquired by Walmart. Glossier is still privately held, along with many other […]

Meta’s vanilla Maverick AI model ranks below rivals on a popular chat benchmark

11 April 2025 at 15:46
Earlier this week, Meta landed in hot water for using an experimental, unreleased version of its Llama 4 Maverick model to achieve a high score on a crowdsourced benchmark, LM Arena. The incident prompted the maintainers of LM Arena to apologize, change their policies, and score the unmodified, vanilla Maverick. Turns out, it’s not very […]

Meta adds Stripe CEO Patrick Collison and Dina Powell McCormick to its board

11 April 2025 at 14:29
Banking executive and former presidential advisor Dina Powell McCormick and Stripe co-founder and CEO Patrick Collison are joining the board of Meta, according to a report from Axios. Powell McCormick spent 16 years in several leadership roles at Goldman Sachs. She also served as Deputy National Security Advisor to President Donald J. Trump during his […]

Law professors side with authors battling Meta in AI copyright case

11 April 2025 at 14:08
A group of professors specializing in copyright law has filed an amicus brief in support of authors suing Meta for allegedly training its Llama AI models on e-books without permission. The brief, filed on Friday in the U.S. District Court for the Northern District of California, San Francisco Division, calls Meta’s fair use defense β€œa […]

38 consumer startup founders lobby over Trump tariffs: One faces a surprise $200K bill

11 April 2025 at 13:06
Small businesses could be crushed under President Trump’s increased tariffs, according to an open letter by 38 female consumer product founders. While Trump paused his tariff increases for 90 days for various countries β€” setting the rate at 10% for nowΒ β€” China’s was raised to 145%, which includes the previous 20% levy. In the letter, […]

TechCrunch Mobility: Jeff Bezos backs a secretive EV startup and Lucid snaps up Nikola’s assetsΒ 

11 April 2025 at 12:45
Welcome back to TechCrunch Mobility β€” your central hub for news and insights on the future of transportation. Sign up here for free β€” just click TechCrunch Mobility! Tariffs, tariffs, tariffs. If there is one certainty in this uncertain moment, it’s this: U.S. tariff policy is likely to change again. As of Friday morning, there […]

Nikola founder Trevor Milton accused of trying to derail bankruptcy case

11 April 2025 at 12:23
A court hearing on the sale of bankrupt electric truck startup Nikola’s assets to Lucid Motors was going smoothly on Friday. No objections had been filed to the transaction, and Delaware bankruptcy judge Thomas Horan verbally approved it without hesitation. Until, that is, a lawyer piped up on the Zoom call toward the end of […]

Blue Water Autonomy comes out of stealth promising autonomous naval ships

11 April 2025 at 11:59
A new shipbuilding startup called Blue Water Autonomy has emerged from stealth with the promise of developing captain-less naval ships. The Boston, Massachusetts-based company has raised a $14 million seed round from Eclipse, Riot, and Impatient Ventures. The startup was founded in 2024 by former members of the U.S. Navy, leaders of Amazon Robotics, and […]

Ex-OpenAI staffers file amicus brief opposing the company’s for-profit transition

11 April 2025 at 11:43
A group of ex-OpenAI employees on Friday filed a proposed amicus brief in support of Elon Musk in his lawsuit against OpenAI, opposing OpenAI’s planned conversion from a nonprofit to a for-profit corporation. The brief, filed by Harvard law professor and Creative Commons founder Lawrence Lessig, names 12 former OpenAI employees: Steven Adler, Rosemary Campbell, […]

GM cuts 500 jobs because of weak demand for BrightDrop electric vans

11 April 2025 at 11:27
General Motors is laying off 500 workers at a factory in Canada because of weak demand for its all-electric BrightDrop vans, according to CNBC. GM told CNBC that the cuts were not related to the ongoing trade war being waged by President Donald Trump. The company is cutting one of the two shifts at the […]

ChatGPT became the most downloaded app globally in March

11 April 2025 at 11:07
ChatGPT became the world’s most downloaded app in March, excluding games, topping the usual contenders for the No. 1 spot, Instagram and TikTok. This is the first time the app has topped the monthly download charts and ChatGPT’s biggest month ever. According to new data, ChatGPT’s installs jumped 28% from February to March to reach […]

YouTube considers a daily timer for users looking to cut back on Shorts

11 April 2025 at 10:24
YouTube is looking into potentially offering a feature that would allow users to set a daily timer to limit how long they spend on Shorts. Recent findings from the beta version of the YouTube app, first reported by Android Authority, suggest that the platform is developing a feature to help users stop the endless scrolling […]

Ireland’s data regulator investigates X’s use of European user data to train Grok

11 April 2025 at 09:46
Ireland’s data regulator, the Data Protection Commission (DPC), said Friday that it has opened an investigation into Elon Musk’s X over the social media platform’s use of personal data collected from European users to train Grok. The DPC will investigate how X processes personal data β€œcomprised” in publicly accessible posts by European users for the […]

Parallel Systems is building autonomous electric rail for short-distance freight

11 April 2025 at 09:00
The business of moving goods in the United States is dominated by trucks, which handle about two-thirds of the 20.2 billion tons of freight that’s transported annually. Parallel Systems founder and CEO, Matt Soule, wants to change that by putting a modern autonomous and electric twist on the centuries-old railroad system.Β  The Los Angeles-based company […]

Hacked documents reveal guide to serving Elon Musk on private jets

11 April 2025 at 08:59
A recent breach of Berkshire Hathaway-owned private jet company NetJets has revealed a guide for flight attendants serving Elon Musk, per a Bloomberg report. The memo offers an interesting glimpse into the personal preferences of the world’s richest man. Some of the preferences are surprising for the CEO of Tesla, a company dedicated to sustainability. […]

Spotify invests over $1M to grow its catalog of non-English audiobooks

11 April 2025 at 08:55
Spotify announced on Friday that it plans to invest €1 million β€” or approximately $1.1 million β€” to boost audiobook production in languages other than English, beginning with French and Dutch. The investment indicates that Spotify is eager for more non-English titles in its limited library as it tries to compete with major players like […]

OpenAI will soon phase out GPT-4 from ChatGPT

11 April 2025 at 07:03
OpenAI will soon retire GPT-4, an AI model it launched over two years ago, from ChatGPT, according to a changelog posted on Thursday. Effective April 30, GPT-4 will be β€œfully replaced” by GPT-4o, the current default model in ChatGPT, OpenAI said. GPT-4 will remain available for use via OpenAI’s API. β€œIn head‑to‑head evaluations, [GPT-4o] consistently […]

Less than a month to get your exhibit table for TechCrunch Sessions: AI

11 April 2025 at 08:46
TechCrunch Sessions: AI is fast approaching. So, what does that mean for you? It means exhibit tables are nearly gone β€” and now’s your chance to grab one before they’re all sold out. If you’ve got a game-changing product to showcase to the AI world, don’t keep it quiet. Exhibit your brand in front of […]
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