A secondary share sale has pushed Revolut’s valuation to $115 billion, a 53% increase from its previous mark. While the transaction brought no fresh capital into the London-based fintech, it underscores investor confidence as the company accelerates its global expansion and prepares for a potential U.S. bank launch in 2027.
The SoWa Power Station in Boston serves as the epicenter for the startup ecosystem today as the TechCrunch Founder Summit 2026 opens its doors at 9 a.m. ET. Investors, founders, and operators are converging for a full day of tactical programming focused on scaling strategies, fundraising, and artificial intelligence.
A decade of relentless expansion has hit a wall for Canva, with the design giant announcing a 22% workforce reduction affecting 1,271 employees. Co-founder Melanie Perkins cited a first-time decline in growth rates, signaling a painful structural pivot as the company struggles to balance ballooning AI costs against fierce market competition.
With 118 million monthly viewers now consuming serialized microdramas, India has emerged as a high-stakes arena for mobile-first entertainment. EloElo, the parent company of Story TV, just secured $80 million in Series C funding from NBCUniversal and Hornbill Capital, pushing its valuation to $500 million as it bets on the future of vertical video.
To combat AI impersonation and hidden model swapping, Anthropic has unveiled FlashProve, an open-source system designed to generate cryptographic signatures for artificial intelligence outputs. The project aims to provide mathematical certainty that a response originated from a specific model rather than a cheaper or unauthorized substitute.
Seven years is the current wait time to secure a 100-megawatt grid connection in Northern Virginia, forcing AI infrastructure developers to seek radical alternatives. To bypass these bottlenecks, tech firms are increasingly deploying retired aircraft engines, rebuilt to burn natural gas, as temporary, high-speed power sources for their massive data centers.
With artificial intelligence accelerating the scale and frequency of cyberattacks, San Francisco-based Ballistic Ventures is looking to raise $490 million across two new funds. Regulatory filings reveal the firm, led by industry veteran Ted Schlein, seeks $360 million for its third flagship vehicle and $130 million for a separate fund.
A half-meter beam, extruded from resin and cured by ultraviolet light, now floats in orbit as a proof of concept for in-space manufacturing. The German startup Orbital Matter achieved this milestone aboard its Replicator-2 satellite, marking a shift toward building massive spacecraft structures directly in the vacuum of space.
Palantir’s third-quarter earnings report shattered expectations with revenue hitting $2.31 billion, yet the company’s stock stumbled on Tuesday. While the firm celebrated its first-ever quarter where commercial contracts outpaced government deals, investors honed in on a cooling trend in total contract value that signals potential friction ahead.
A single fake job interview served as the gateway for North Korean hackers to infiltrate Binance, resulting in the largest cryptocurrency theft in history. By posing as recruiters, the attackers bypassed security protocols to compromise internal systems, ultimately draining $6.3 billion from the world’s largest crypto exchange.
San Francisco-based Fal has secured $1.3 billion in a new funding round led by Bessemer Venture Partners, catapulting the startup to a $16 billion valuation. This surge reflects an aggressive expansion in the market for AI inference, as the company doubles its worth in just seven months.
Ten years after Hillary Clinton urged voters to engage with the viral mobile game, the phrase remains a permanent fixture of American election culture. It persists not as a political strategy, but as a shared artifact of millennial cringe, marking a turning point where digital memes and national politics collided.
Facing a cooling outlook on search traffic and stagnant user numbers, Reddit is launching an experimental ad program within its search results. The platform aims to capitalize on high-intent queries, such as product research, to bolster revenue streams as AI-powered search engines increasingly retain users on their own pages.
A starting price of $615,000 and a polarizing design from former Apple chief Jony Ive have not deterred buyers from Ferrari’s first electric vehicle. CEO Benedetto Vigna confirmed Tuesday that the entire 2027 production run for the Luce is fully allocated, with new customers facing at least a one-year wait.
Struggling to navigate an expanding library, Netflix is introducing an AI Discover tab designed to replace endless scrolling with mood-based curation. The experimental feature, currently rolling out to English-language users in the U.S., utilizes a new intelligence layer that adapts to viewer preferences in real-time.
CrowdStrike is spending nearly half a billion dollars to acquire Fiddler AI and Dreadnode, two startups focused on securing enterprise AI agents. As companies scramble to deploy automated models, the cybersecurity giant is moving to consolidate control over the testing and monitoring of these powerful, often unpredictable digital tools.
Anthropic’s path to an IPO faces a complex financial hurdle as compute expenses consume an increasing share of its revenue. Despite reporting $17 billion in quarterly earnings, the company’s reliance on expensive, short-term infrastructure deals has caused profit margins to compress, highlighting the volatile economics of scaling AI.
A quiet exit from an East African electric two-wheeler project marks a strategic pivot for Also, the micromobility startup spun out of Rivian in 2025. Facing supply chain bottlenecks and shifting internal priorities, the company has abandoned its Kenyan pilot to concentrate resources on autonomous delivery vehicles and consumer e-bikes.
Starting next year, Google will disable its suite of AI tools for K-12 students by default, requiring administrators to manually opt-in. However, the company has confirmed that schools choosing to restrict these artificial intelligence features will lose access to Google Search entirely, as the two technologies are now inseparable.
New York City Mayor Zohran Mamdani is pushing to curb the surveillance practices of Madison Square Garden owner James Dolan, labeling the company's heavy reliance on facial recognition as a symptom of broader national dysfunction. The move aligns with new legislative efforts to ban biometric data collection in public spaces.
Apple is tightening App Store requirements, forcing developers to label dating services and AI companion apps with an 18+ age rating. The policy, effective November 16, aims to curb access to romantic or sexualized content for minors, reflecting a broader strategy to shield younger users from digital risks.
The TechCrunch Founder Summit 2026 descends upon Boston’s SoWa Power Station on November 4, offering a day designed to move beyond passive observation. By blending tactical workshops, live pitch critiques, and structured networking, the event prioritizes the practical exchanges that occur long after the microphones are turned off.
The SoWa Power Station transforms into a hub for startup scaling tomorrow as the TechCrunch Founder Summit, presented by Fidelity Private Shares, convenes founders and investors. Attendees have until 9 a.m. ET to secure discounted passes before standard pricing takes effect at the door.
After a decade of backing unicorns like Wise and Marshmellow, venture capitalist Yvonne Bajela is striking out on her own. On Tuesday, she announced the close of Evertrue, an oversubscribed $17 million debut fund aimed at early-stage companies across the United Kingdom and Europe, signaling a new chapter for the veteran investor.
Apple has launched beta testing for its "Audio Intelligence" suite, bringing generative AI capabilities to the Apple Watch Series 12. Included in the iOS 27.3 update, the tools allow users to capture 15-second conversation replays and generate automated meeting summaries, marking a significant push into ambient wearable computing.
Google has expanded its experimental Dreambeans app into India, marking the service's first international launch outside the U.S. By integrating data from personal accounts like Gmail, Calendar, and Photos, the AI generates illustrated stories based on a user’s digital footprint, now available in 13 local languages including Hindi and Bengali.
Facing regulatory scrutiny and a stagnant gaming market, Apple is signaling a pivot toward third-party artificial intelligence applications to bolster its services revenue. CFO Kevan Parekh hinted at new partnership models during Monday's earnings call, though the company stopped short of detailing how it plans to monetize these emerging AI integrations.
A pocket-sized receiver developed by Kyiv-based CODE380 is allowing Ukrainian drone operators to intercept live video feeds from Russian aircraft. By tapping into unencrypted signals, these units gain a critical window into enemy flight paths and target acquisition, effectively turning the attackers' own surveillance technology against them in real time.
Garry Tan, CEO of Y Combinator, is betting heavily on autonomous AI agents to manage his professional and personal life. In a conversation with Walter Isaacson, Tan revealed he spends up to $200,000 a year on API tokens, integrating the technology into everything from email management to decades of personal therapy notes.
With users increasingly wary of mounting digital costs and app burnout, Match Group is testing a cheaper subscription tier for Hinge. The move aims to capture price-sensitive demographics by offering granular control over location and matching filters, marking a strategic pivot away from the platform's high-premium roots.
