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Hinge Health pops 17%, but joins growing ranks of down-round IPOs

Hinge Health, a digital physical therapy company, closed its first day of trading on the New York Stock Exchange on Thursday at $37.56, up about 17% over the $32 IPO price it set the previous day. That’s a good first-day result. But even with the pop, Hinge’s public valuation is significantly less than its last […]

Klarna CEO and Sutter Hill take victory lap after Jony Ive’s OpenAI deal

Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Klarna CEO Sebastian Siemiatkowski posted a surprising message on X.  Siemiatkowski’s family investment office, Flat Capital, had bought shares in io six months earlier, he said. Since this is an […]

Anthropic’s latest flagship AI sure seems to love using the ‘cyclone’ emoji

Anthropic’s new flagship AI model, Claude Opus 4, is a strong programmer and writer, the company claims. When talking to itself, it’s also a prolific emoji user. That’s according to a technical report Anthropic released on Thursday, a part of which investigates how Opus 4 behaves in “open-ended self-interaction” — i.e. essentially having a chat […]

A safety institute advised against releasing an early version of Anthropic’s Claude Opus 4 AI model

A third-party research institute that Anthropic partnered with to test one of its new flagship AI models, Claude Opus 4, recommended against deploying an early version of the model due to its tendency to “scheme” and deceive. According to a safety report Anthropic published Thursday, the institute, Apollo Research, conducted tests to see in which […]

Mozilla is shutting down read-it-later app Pocket

Mozilla announced on Thursday that it’s shutting down Pocket, a read-it-later app it acquired in 2017, on July 8. The company is also shutting down Fakespot, its browser extension that helps users identify unreliable reviews. “Pocket has helped millions save articles and discover stories worth reading,” Mozilla said in a blog post. “But the way […]

Anthropic’s new AI model turns to blackmail when engineers try to take it offline

Anthropic’s newly launched Claude Opus 4 model frequently tries to blackmail developers when they threaten to replace it with a new AI system and give it sensitive information about the engineers responsible for the decision, the company said in a safety report released Thursday. During pre-release testing, Anthropic asked Claude Opus 4 to act as […]

SpaceX’s Starship cleared to return to flight with expanded ‘hazard areas’

The Federal Aviation Administration has cleared SpaceX to perform the ninth test flight of its Starship rocket system, following back-to-back explosions earlier this year. The agency said Thursday it is “expanding the size of hazard areas both in the U.S. and other countries” for the flight based on an updated safety analysis provided by SpaceX. […]

Vercel debuts an AI model optimized for web development

The team behind Vercel’s V0, an AI-powered platform for web creation, has developed an AI model it claims excels at certain website development tasks. Available through an API, the model, called “v0-1.0-md,” can be prompted with text or images, and was “optimized for front-end and full-stack web development,” the Vercel team says. Currently in beta, […]

The wild story of how gut health AI toilet startup Throne raised $4M led by Moxxie 

The tale of how smart toilet startup Throne landed its seed round is so full of serendipities, one could almost believe it was orchestrated by the hand of Fortuna, Roman goddess of providence. Throne is an Austin-based company working on an AI-powered toilet device for consumers. It uses computer vision (cameras pointing in the bowl […]

The complete Side Events lineup at TechCrunch Sessions: AI

Get ready to amplify your TechCrunch Sessions: AI experience with the electrifying lineup of Side Events taking Berkeley by storm during the week of June 1-7. As the countdown to TC Sessions: AI begins, we’re thrilled to share our Side Events lineup to foster meaningful connections within the vibrant Berkeley, California, tech community. Whether you’re a seasoned industry pro or a […]
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