While US stalls, Australia and Anduril move to put XL undersea vehicle into service
Anduril has landed a lucrative contract and is bringing its uncrewed undersea vehicle Ghost Shark to Australian waters next year. Anduril has landed a lucrative contract and is bringing its uncrewed undersea vehicle Ghost Shark to Australian waters next year.
Klarna’s IPO pops, raising $1.4B, with Sequoia as the biggest winner
Of the 34.3 million shares Klarna sold, only 5 million were sold by the company, it said. The rest were sold by existing investors. Of the 34.3 million shares Klarna sold, only 5 million were sold by the company, it said. The rest were sold by existing investors.
Sources: AI training startup Mercor eyes $10B+ valuation on $450 million run rate
The two-year-old startup has been in discussions with investors for a Series C round. The two-year-old startup has been in discussions with investors for a Series C round.
From mixers to pitch-offs — your brand event belongs at TechCrunch Disrupt 2025
Each Side Event can unlock new opportunities for the hosts: investor deal flow, talent connections, and brand exposure with the startup community. Each Side Event can unlock new opportunities for the hosts: investor deal flow, talent connections, and brand exposure with the startup community.
Help, I have been charmed by the iPhone Air
Apple’s sleek iPhone Air has a powerful processor and large display, but its battery life and camera might be a problem. Apple’s sleek iPhone Air has a powerful processor and large display, but its battery life and camera might be a problem.
Why SpaceX made a $17B bet on the direct-to-cell market
The deal is the most aggressive signal yet that SpaceX wants to rule the satellite-to-phone market. The deal is the most aggressive signal yet that SpaceX wants to rule the satellite-to-phone market.
I want to love Apple’s new iPhone Air, but the iPhone 17 is a better deal
I was within a heartbeat of preordering the new iPhone Air. But a closer looks at the specs changed my mind. I was within a heartbeat of preordering the new iPhone Air. But a closer looks at the specs changed my mind.
Matt: Assorted Links
A few interesting reads or listens: The Next Thing You Smell Could Ruin Your Life, a deep dive into chemical sensitivity and toxicant-induced loss of tolerance, or TILT, by Lexi Pandell (WordPress!) at Wired. IRL Brain Rot and the Lure of the Labubu, by Kyle Chayka at New Yorker. Simon Willison’s Lethal Trifecta talk, on […]
Netskope follows Rubrik as a rare cybersecurity IPO, both backed by Lightspeed
The 13-year-old company could be valued up to $6.5, with Lightspeed’s stake worth $1.1 billion. The 13-year-old company could be valued up to $6.5, with Lightspeed’s stake worth $1.1 billion.
Sam Altman says that bots are making social media feel ‘fake’
After watching Reddit’s OpenAI and Anthropic communities, Sam Altman thinks social media cannot be trusted. And bots are to blame. After watching Reddit’s OpenAI and Anthropic communities, Sam Altman thinks social media cannot be trusted. And bots are to blame.