Deductive AI, a young startup specializing in using artificial intelligence to detect and fix software bugs, was established just three years ago and has now caught the attention of Elastic, which is set to acquire the company.
Reliance is incorporating artificial intelligence into its telecom services, enhancing communication for more than 500 million people across calls, apps, and homes.
Go's IPO, the largest in Japan for 2026 so far, has revitalized the country's slow listing market and provided the taxi-hailing service with crucial funds. With ¥88.6 billion raised, Go is addressing a pressing challenge: the shortage of drivers in Japan. The company aims to leverage this capital to develop and expand its robotaxi services, paving the way for the future of urban transportation.
Amazon Web Services (AWS) is planning to sell its AI chips to external data centers, marking a strategic move to compete more directly with Nvidia. CEO Andy Jassy highlighted that this expansion could tap into a potential $50 billion market opportunity for AWS.
TechCrunch connected with venture capitalists to identify the most promising startups from Y Combinator's Spring 2026 batch. Several startups impressed investors with valuations exceeding $175 million, highlighting the strength and potential of this group.
OpenAI is preparing for its upcoming IPO by bringing in top talent, including Noam Shazeer, co-inventor of the Transformer model from Google DeepMind, and Dean Ball, a former AI policy advisor under the Trump administration, all within the same week.
Baseten, an AI inference startup, is reportedly on the verge of closing a $1.5 billion financing round, boosting its valuation to approximately $13 billion. This development comes as the demand for AI inference technologies continues to accelerate rapidly, reflecting the industry's growing investment interest in this sector.
A major Canadian pension fund is set to acquire an 8.2% stake in CtrlS, a leading technology company that manages over 15 data centers across India, fueling the country's growing AI-powered data infrastructure.
Pramaana Labs is channeling its efforts into sectors where precision is critical, such as law, drug discovery, and tax preparation. These fields demand a high level of accuracy and reliability due to the significant consequences of errors. By leveraging formal verification techniques, Pramaana aims to elevate the safety and trustworthiness of AI applications in these areas.
After a decade of operations and around 80 investments, PayPal Ventures, the corporate venture capital division of PayPal, has officially shut down as part of the company's ongoing restructuring efforts.
