Technology
OpenAI secured another billions, but there was capital left for other startups

This week once more brought us news regarding AI funding, in addition to some warnings: some categories and stages are showing signs of overheating. Luckily, we also spotted some cool startups – literally.
The most interesting startup stories of the week
It could also be hard to imagine, but OpenAI continues to be a startup, hence its repeated first place. There were other interesting stories this week, nevertheless.
A billion AI: OpenAI raised $6.6 billion at a post-money valuation of $157 billion, and likewise secured a $4 billion revolving credit facility and launched a brand new interface. Business apparently has asked investors to not back rivals corresponding to Anthropic and xAI, but OpenAI has not confirmed this. Meanwhile, Anthropic has hired OpenAI co-founder Durk Kingma for a distant position.
Attack of the Clones: Y Combinator faced criticism for supporting AI code editor PearAI, whose CEO apologized for cloning another YC-backed open source project without proper attribution and with a “garbled” license.
Shopping broadcast live: Live shopping app Whatnot says its annual gross merchandise volume (GMV) has surpassed $2 billion this 12 months, meaning there’s still hope for live commerce within the US
The most interesting collections this week

Some firms prefer to boost funds secretly; others even work underwater.
Deep end: Artificial intelligence coding startup Poolside raised a $500 million Series B funding round led by Bain Capital Ventures, with participation from eBay and Nvidia. This enabled Poolside to bring 10,000 Nvidia GPUs online to coach future models, CEO Jason Warner said.
Cool water: Barcelona-based immersion cooling startup Submer raised $55.5 million to draw more customers to its solution already utilized by hyperscalers, telecommunications firms and other large corporations.
11x meets a16zTechCrunch has learned that 11x.ai, a startup that creates AI-powered sales bots, has secured a Series B funding round of roughly $50 million led by Andreessen Horowitz.
Hidden financing: Cloud backup startup Eon has come out of hiding to disclose that it has already achieved a post-money valuation of $750 million after raising three rounds of funding, including a $77 million Series B.
More hidden financing: Series, an AI-powered generative game development platform, has quietly raised a $28 million Series A funding round from Netflix, Dell, a16z and others.
The most interesting VC and funding news this week

Pruning season: Veteran enterprise capital firm CRV returned $275 million of its $500 million late-stage Select fund to investors, citing overvaluation of mature startups. It follows the same move by India’s Peak XV, which reduced its fund size and costs amid signs of overheating.
Launching: Former Y Combinator CEO and Twitter executive Ali Rowghani is launching Maxq, a brand new enterprise capital firm with a debut fund of $250 million.
NOT bullish: Index Ventures is looking for another New York investor and plans so as to add three or 4 latest people to its local team over the following 12 months, partner Shardul Shah told TechCrunch.
No less necessary

Speaking with TechCrunch Global Managing Editor Matt Rosoff ahead of this 12 months’s Startup Battlefield 200 at TechCrunch Disrupt, New York tech investor and serial entrepreneur Kevin Ryan shared his thoughts on when and if founders should sell their company. His belief: there ought to be more of them.
Technology
The Legal Defense Fund withdraws from the META civil law advisory group over Dei Rolback

On April 11, the Legal Defense Fund announced that he was leaving the external advisory council for civil rights regarding the fear that the changes in technology company introduced diversity, own capital, inclusion and availability in January.
According to those changes that some perceived as the capitulation of meta against the upcoming Trump administration, contributed to their decision To leave the advisory council of the technology company.
In January, LDF, along with several other organizations of civil rights, which were a part of the board, sent a letter to Marek Zuckerberg, CEO of Meta, outlining their fears As for a way changes would negatively affect users.
“We are shocked and disappointed that the finish has not consulted with this group or its members, considering these significant changes in its content policy. Non -compliance with even its own advisory group of experts on external civil rights shows a cynical disregard for its diverse users base and undermines the commitment of the meta in the field of freedom of speech with which he claims to” return “.
They closed the letter, hoping that the finish would recommend the ideals of freedom of speech: “If the finish really wants to recommend freedom of speech, he must commit to freedom of speech for all his services. As an advisory group from external civil rights, we offer our advice and knowledge in creating a better path.”
These fears increased only in the next months, culminating in one other list, which from the LDF director, Todd A. Cox, who indicated that the organization withdraws its membership from the META civil law advisory council.
“I am deeply disturbed and disappointed with the announcement of Medical on January 7, 2025, with irresponsible changes in content moderation policies on platforms, which are a serious risk for the health and safety of black communities and risk that they destabilize our republic,” Cox wrote.
He continued: “For almost a decade, the NACP Legal Defense and Educational Fund, Inc. (LDF) has invested a lot of time and resources, working with META as part of the informal committee advising the company in matters of civil rights. However, the finish introduced these changes in the policy of the content modification without consulting this group, and many changes directly with the guidelines from the guidelines from LDF and partners. LD can no longer participate in the scope. ” Advisory Committee for Rights “
In a separate but related LDF list, it clearly resembled a finish about the actual obligations of the Citizens’ Rights Act of 1964 and other provisions regarding discrimination in the workplace, versus the false statements of the Trump administration, that diversity, justice and initiative to incorporate discriminates against white Americans.
“While the finish has modified its policy, its obligations arising from federal regulations regarding civil rights remain unchanged. The title of VII of the Act on civic rights of 1964 and other regulations on civil rights prohibit discrimination in the workplace, including disconnecting treatment, principles in the workplace which have unfair disproportionate effects, and the hostile work environment. Also when it comes to inclusion, and access programs.
In the LDF press release, announcing each letters, Cox He called attention Metal insert into growing violence and division in the country’s social climate.
“LDF worked hard and in good faith with meta leadership and its consulting group for civil rights to ensure that the company’s workforce reflects the values and racial warehouses of the United States and to increase the security priorities of many different communities that use meta platforms,” said Cox. “Now we cannot support a company in good conscience that consciously takes steps in order to introduce changes in politics that supply further division and violence in the United States. We call the meta to reverse the course with these dangerous changes.”
(Tagstranslate) TODD A. COX (T) Legal Defense Fund (T) META (T) Diversity (T) Equality (T) inclusion
Technology
Students of young, talented and black yale collect $ 3 million on a new application

Nathaneo Johnson and Sean Hargrow, juniors from Yale University, collected $ 3 million in only 14 days to finance their startup, series, social application powered by AI, designed to support significant connections and challenge platforms, similar to LinkedIn and Instagram.
A duo that’s a co -host of the podcast A series of foundersHe created the application after recognizing the gap in the way in which digital platforms help people connect. SEries focuses moderately on facilitating authentic introductions than gathering likes, observing or involvement indicators.
“Social media is great for broadcasting, but it does not necessarily help you meet the right people at the right time,” said Johnson in an interview with Entrepreneur warehouse.
The series connects users through AI “friends” who communicate via IMessage and help to introduce. Users introduce specific needs-are on the lookout for co-founders, mentors, colleagues or investors-AI makes it easier to introduce based on mutual value. The concept attracts comparisons to LinkedIn, but with more personal experience.
“You publish photos on Instagram, publish movies on Tiktok and publish work posts on LinkedIn … And that’s where you have this microinfluuncer band,” Johnson added.
The application goals to avoid the superficial character of typical social platforms. Hargrow emphasized that although aesthetics often dominates on Instagram and the content virus drives tabktok, Number It is intentional, deliberate contacts.
“We are not trying to replace relationships in the real world-we are going to make it easier for people to find the right relationships,” said Hargrow.
Parable projects carried out before the seeded (*3*)Funding roundwhich included participation with Pear VC, DGB, VC, forty seventh Street, Radicle Impact, UNCASMON Projects and several famous Angels Investors, including the General Director of Reddit Steve Huffman and the founder of GPTZERO Edward Tian. Johnson called one meeting of investors “dinner for a million dollars”, reflecting how their pitch resonated with early supporters.
Although not the principal corporations, Johnson and Hargrow based pre-coreneuring through their podcast, through which they interviews the founders and leaders of C-Suite about less known elements of constructing the company-as accounting, business law and team formation.
Since the beginning of the series, over 32,000 messages between “friends” have been mentioned within the test phases. The initial goal of the application is the entrepreneurs market. Despite this, the founders hope to develop in finance, dating, education and health – ultimately striving to construct probably the most available warm network on the earth.
(Tagstranslate) VC (T) Yale (T) Venture Capital (T) Technology (T) APP
Technology
Tesla used cars offers rapidly increased in March

The growing variety of Tesla owners puts their used vehicles on the market, because consumers react to the political activities of Elon Musk and the worldwide protests they were driven.
In March, the variety of used Tesla vehicles listed on the market at autotrader.com increased rapidly, Sherwood News announcedCiting data from the house company Autotrader Cox Automotive. The numbers were particularly high in the last week of March, when on average over 13,000 used Teslas was replaced. It was not only a record – a rise of 67% in comparison with the identical week of the yr earlier.
At the identical time, the sale of latest Tesla vehicles slowed down even when EV sales from other brands increases. In the primary quarter of 2025, almost 300,000 latest EVs were sold in the USA According to the most recent Kelley Blue Book reporta rise of 10.6% yr on yr. Meanwhile, Tesla sales fell in the primary quarter, which is nearly 9% in comparison with the identical period in 2024.
Automaks resembling GM and Hyundai are still behind Tesla. But they see growth growth. For example, GM brands sold over 30,000 EV in the primary quarter, almost double the amount of a yr ago, in line with Kelley Blue Book.
(Tagstranslat) electric vehicles
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