Category: info1
The billion-dollar infrastructure deals powering the AI boom
It takes a lot of computing power to run an AI product – and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that between $3 and $4 trillion…
A comprehensive list of 2025 tech layoffs
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re…
Trump says Lachlan and Rupert Murdoch might invest in TikTok deal
The Trump administration has been talking up a potential TikTok deal this weekend, with President Donald Trump telling Fox News on Sunday that Rupert Murdoch and his son Lachlan are “probably” going to be involved. “A man named Lachlan is involved,” Trump said. “Lachlan Murdoch … Rupert [Murdoch] is probably gonna be in the group,…
VCs are still hiring MBAs, but firms are starting to need other experience more
The MBA-to-VC pipeline remains a very real thing. But that path is a little shakier than it once was, according to PitchBook reporting and new academic research. Harvard placed 50 of its 1,004 MBA graduates into VC roles in 2024, with a median starting salary of $177,500. Stanford placed around 30 from its smaller class.…
Hundreds of flights delayed at Heathrow and other airports after apparent cyberattack
Travelers at major European airports including Heathrow, Brussels, and Berlin faced significant delays this weekend following what Collins Aerospace described as a “cyber-related incident.” Collins Aerospace makes technology for airline check-in desks, so after the apparent cyberattack, airlines were forced to revert to manual check-ins, according to the Guardian. According to data from Flightradar24, more…
TechCrunch Mobility: The two robotaxi battlegrounds that matter
Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Seven or eight years ago, anyone consuming business tech news might have come across the phrase “the race to build autonomous vehicles.” In private conversations, company…
Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram
President Trump just made it a lot more expensive for companies to hire foreign workers through the H-1B program. The White House announced Friday that Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications, an enormous jump from the current $215 lottery registration fee. H-1B visas allow…
White House offers more details about potential TikTok deal
White House Press Secretary Karoline Leavitt appeared on Fox News today and said that an agreement has been reached — but not signed — that would see TikTok’s U.S. operations spun out under majority American ownership. Leavitt said Americans will hold six of seven board seats in the restructured TikTok, and the short-form video app’s…
Updates to Studio, YouTube Live, new gen AI tools, and everything else announced at Made on YouTube
At its annual Made on YouTube event this week, YouTube unveiled tons of new updates, features, and tools geared toward creators, including updates to YouTube Live, new ways to monetize, and more. Studio updates include “likeness” detection and lip-synced dubs, and the company is offering new AI tools for podcasters to help promote their shows.…
How Phoebe Gates and Sophia Kianni used Gen Z methods to raise $8M for Phia
There’s a new buzzy fashion startup in town. Meet Phia, the shopping app founded by Bill Gates’ daughter Phoebe and her Stanford roommate-slash co-founder, Sophia Kianni. Phia searches the web to help users compare the price of fashion items. It’s a mobile app and browser extension that’s essentially “Google flights for fashion,” as the company…