Venture capital, startup funding rounds, exits, and the people behind them.
Genesis AI, a robotics startup backed by Khosla Ventures, has transitioned to a full-stack approach in its development. The company recently showcased its first model, GENE-26.5, along with a demonstration of robotic hands capable of executing intricate tasks, following a substantial $105 million seed funding round.
Match Group, the parent company of Tinder, has announced a slowdown in its hiring plans for the remainder of the year, attributing this decision to the high costs associated with the increased use of AI tools. This move highlights the financial implications that AI integration can have on startups and tech companies as they balance innovation with operational expenses.
Ethos has successfully secured $22.75 million in funding from Andreessen Horowitz (a16z) to enhance its expert network, which is currently onboarding an impressive 35,000 experts weekly. This significant investment highlights the growing demand for platforms that facilitate expert connections and knowledge sharing in various industries.
At TechCrunch Disrupt 2026, industry leaders from Coinbase, M13, and Mignano Law Group will discuss the role of mergers and acquisitions (M&A) as a key strategy for early-stage companies. This event aims to provide valuable insights into the M&A landscape, particularly for startups looking to navigate this complex process.
TechCrunch is offering a limited-time promotion for its Disrupt 2026 event, allowing attendees to purchase a second ticket at a 50% discount. This deal aims to encourage more participation and visibility within the tech industry. The offer expires on May 8 at 11:59 p.m. PT.
Samsung has reached a significant milestone by surpassing a $1 trillion valuation, driven by a surge in demand for AI-related chips. This achievement positions Samsung as only the second Asian company to reach this valuation, following TSMC. The growth highlights the increasing importance of AI technology in the semiconductor industry.
reMarkable has unveiled its new Paper Pure tablet, which emphasizes simplicity with a monochrome screen. This latest model is designed to be lighter and faster than its predecessor, the reMarkable 2, which will soon be retired after six years on the market.