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TechCrunch Startup News TechCrunch
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Listen to select TechCrunch articles on startups coverage – who's raising, who's exiting, who's changing the world.
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Hugging Face collaborates with Microsoft for new AI-powered Azure service
Fresh off a $100 million funding round, Hugging Face, which provides hosted AI services and a community-driven portal for AI tools and data sets, today announced a new product in collaboration with Microsoft.
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SoftBank leads $150M round for Firework’s shoppable video
Firework provides tools for retailers and consumer brands to tap into their own customer data to build engaging video experiences across their own digital properties and social channels.
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MainStreet’s valuation could fall 60% to $200 million amid investor recapitalization pursuit
Weeks after laying off about 30% of its staff, MainStreet is said to be raising another round of funding at a $200 million valuation, sources tell TechCrunch.
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Klarna lays off 10% of its workforce
Swedish payment giant Klarna is going to cut hundreds of jobs in the coming days. Today’s news comes a few days after the Wall Street Journal reported that the company was going to cut its valuation in order to raise fresh capital.
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Carbon capture is headed for the high seas
Unless you live near a port, you probably don’t think much of the tens of thousands of container ships tearing through the seas, hauling some 1.8 billion metric tons of stuff each year.
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FloorFound grabs more capital to grow its oversized recommerce business
What makes FloorFound stand out from its competitors is its approach to putting retailers, which often struggle with how to effectively do returns, at the center of recommerce.