Automattic’s board forces CEO Matt Mullenweg into leave of absence
Mullenweg said in a company Slack message that it was against his will.
-
-
Fundraising | Startups | TC
Defense tech Mach Industries doubles valuation to $3.7B in 3 months
The buzzy startup raised another $600 million in a Series C extension round, bringing the total of the round to $900 million.
-
Anthropic details distillation campaigns from Alibaba, Moonshot AI, and DeepSeek
A new report released Thursday by Anthropic alleges persistent distillation attacks by China-based AI companies, which have escalated in recent months as competition in the space has intensified.
-
AI | Enterprise | TC
Jensen Huang explains why Nvidia will grow an astounding 70% next year
Nvidia has its finger in every pie, and sees another year of plenty in its future, Jensen Huang says. But, he insists, its deals are not circular.
-
Matt Mullenweg tells (trolls?) Automattic staff, saying he’s back in control after CEO ouster
In a Slack message seen by TechCrunch, Matt Mullenweg told Automattic employees he’s back in control of the company, days after its board put him on leave. Automattic has not yet confirmed the apparent reversal.
-
Musk’s faster path to more gas turbines comes with pollution problem
Elon Musk says a secretive new SpaceX foundry will let him cast his own turbine blades and get gas power online 18 months faster than anyone else — but it’s a bet on a fuel source that’s already triggering lawsuits and health studies everywhere his (and others’) turbines have gone in.
-
Grindr wants to be the everything app for gay men; investors are still deciding whether it can pull it off
George Arison is done letting Wall Street’s “Grindr discount” go unchallenged — in a wide-ranging Q&A, the CEO walks us through how AI, a controversial $350-plus EDGE tier, and a bet on healthcare and long-distance matchmaking are turning Grindr into the “gayborhood in your pocket” he’s been promising since 2022.
-
AI, athletes, and Keith Rabois: StrictlyVC is back in New York on September 10
A boutique StrictlyVC evening returns to New York’s West Village on September 10 with Keith Rabois, Craig Shapiro, Jason Levien, Tristan Walker, Brynn Putnam, and Deven Parekh — covering AI, sports investing, community-building, venture economics, and politics, with cocktails, food, and networking throughout the night.
-
Uber faces fine of nearly $1B over automated driver suspensions
The Dutch Data Protection Authority is fining Uber €825 million in the second-largest penalty issued under Europe’s GDPR.
-
Situational Awareness, star AI hedge fund that nearly imploded, now being probed by the SEC
The AI hedge fund went from “the talk of Wall Street” to “subject of federal subpoenas” faster than you can say “diversify your portfolio.”
