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Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approvalSwiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, which competes with publicly-listed […]

Mark Zuckerberg says Threads has 150 million monthly active usersMeta’s Twitter/X rival Threads is growing at a stable pace. The social network now has more than 150 million monthly active users — up from 130 million in February — Mark Zuckerberg mentioned during the company’s Q1 2024 earnings call. Since the last quarterly earnings call, […]

Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugsAdvances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture Partners and Foresite Labs, an affiliate of Foresite […]

Anduril moves ahead in Pentagon program to develop unmanned fighter jetsAnduril Industries has taken another step forward in its quest to become the next great American prime, this time by beating out major defense companies to develop and test small unmanned fighter jet prototypes. The venture capital darling beat out Boeing, Lockheed Martin and Northrop […]

IBM moves deeper into hybrid cloud management with $6.4B HashiCorp acquisitionWith HashiCorp, Big Blue gets a set of cloud lifecycle management and security tools, and a company that is growing considerably faster than any of IBM’s other businesses. © 2024 TechCrunch. All rights reserved. For personal use only.With HashiCorp, Big Blue gets a set of […]

Rabbit’s R1 is a little AI gadget that grows on youIf there’s one overarching takeaway from last night’s Rabbit R1 launch event, it’s this: Hardware can be fun again. After a decade of unquestioned smartphone dominance, there is, once again, excitement to be found in consumer electronics. The wisdom and longevity of any individual product […]

India’s JioCinema offers Hollywood streaming for a penny a day to box out Netflix and Prime VideoJioCinema introduced new monthly subscription plan on Thursday, with the lowest tier costing just 35 cents. © 2024 TechCrunch. All rights reserved. For personal use only.JioCinema introduced new monthly subscription plan on Thursday, with the lowest tier costing just […]