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Mercor has its moment in the AI data race

Leading AI labs like OpenAI and Google DeepMind cut ties with Scale AI after Meta invested $14 billion in the data vendor and hired its CEO. But AI labs still need data — leaving an opening for other startups that can supply it. The key players and factors in the AI data market are changing. Lately, it seems like Mercor — an AI hiring platform that sells data services to AI labs — may be one of the biggest benefactors of this shift. Today on Equity, Kirsten Korosec, Anthony Ha, Max Zeff dive deeper into how the AI data market is changing, check in on startups that recently went public and share their takes on the divisive orange iPhone. Listen to the full episode to hear about: Bending Spoons’ ⁠acquisition of Vimeo for $1.38 billion⁠, and what it means for the video industry. Why SpaceX is making a $17 billion bet on the direct-to-cell market, and what it all has to do with Apple. The long awaited IPO of Klarna, why it popped, and how other newly public companies like Figma and Coreweave are doing. Mercor’s new fundraising talks, and what’s going on the AI data space more broadly. Equity will be back next week. Subscribe wherever you get your podcasts! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Live demo fails, AI safety wins, and the Golden Age of Robotics

This week on Equity, Anthony Ha, Kirsten Korosec, and Max Zeff unpack the biggest moves in AI, robotics, and regulation. Listen to the full episode to hear about: Meta Connect's AR/AI vision and neural wristband control (plus the demos that didn't go as planned) Jack Altman's rapid $275M fundraise and the Altman brothers' expanding Silicon Valley influence The Waymo-Lyft partnership bringing robotaxis to Nashville and the hunt for profitable AV models California's new AI safety legislation and what it means for Big Tech Why investors may soon call this the "golden age of robotics" Equity will be back next week. Subscribe wherever you get your podcasts! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. Learn more about your ad choices. Visit megaphone.fm/adchoices

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OpenAI and Microsoft’s ‘frenemies relationship,’ and what you missed at SXSW

This week, OpenAI inked a five-year, $11.9 billion deal with CoreWeave, the GPU-heavy cloud provider, securing its own AI computing pipeline—and a $350 million equity stake in the company. With CoreWeave’s pending IPO and deep ties to Microsoft, OpenAI’s deal marks a significant shift in the AI cloud wars. Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff, Anthony Ha, and Rebecca Bellan are diving into whether or not the deal is a power move against Microsoft or just an inevitable step in OpenAI’s bid for more compute, key deals of the week, and what you missed at South by Southwest 2025. Listen to the full episode to hear about: What Kirsten and Rebecca are seeing on the ground in Austin, and which founders are making moves Who’s feeling the ‘vibe shift’ leading up to Y Combinator’s latest Demo Day, and why founders are raising less money Scopely’s $3.5 billion bid for Pokémon GO maker Niantic Equity will be back next week, so stay tuned! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Bradley Tusk says VC is dead. But the 'fixer' in him is just getting started

According to Bradley Tusk, co-founder and managing partner of Tusk Venture Partners, venture capital has been “effectively dead for the last four years." A self-proclaimed “Fixer,” Tusk recently made the decision not to raise a fourth fund. Instead, he decided to go back to his roots and launch an equity-for-services firm aimed at helping early stage startups navigate tech policy and regulation. Today on Equity, Rebecca Bellan sat down with Tusk to explore his pivot from traditional VC to equity-for-services, when it’s worth the risk to ask for forgiveness rather than permission, and why he’s dedicated to scaling mobile voting. Listen to the full episode to hear more about: The limitations of the current VC model and its lack of liquidity. How Trump’s tariffs and other measures have spooked the markets. Tusk’s experience advising early-stage founders on regulatory climates, including the crucial role he played in Uber’s early growth. Insights into his mobile voting project aimed at increasing voter turnout through secure, open-source technology. Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time. Learn more about your ad choices. Visit megaphone.fm/adchoices

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AI Wearables 1.0: Was Humane’s AI Pin too ambitious?

Humane’s AI Pin, which promised to replace your smartphone with a sleek wearable device, is officially dead. After a rocky launch, negative reviews, and returns outpacing sales, the startup is shutting down and selling its assets to HP for $116 million – less than half of what it raised. But what’s next for Humane’s tech? On today's episode of Equity, hosts Kirsten Korosec, Max Zeff and Anthony Ha are breaking down the week’s tech and startup headlines, including what HP might do with Humane’s resources and talent and how, as Max put it, the AI Pin was clearly ahead of its time. Listen to the full episode to hear about: The people in Elon Musk’s DOGE universe, the AI behind it, and the potential future of AI-powered government initiatives The new AI lab contenders, Safe Superintelligence and Thinking Machines Lab, and whether VCs are putting more stock in talent than actual results The Uber v. DoorDash lawsuit over “anti-competitive tactics” And why Duolingo’s mascot getting killed off in a Cybertruck crash is oddly working in the brand’s favor Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time. Learn more about your ad choices. Visit megaphone.fm/adchoices

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The California AI bill is back, and it lost its teeth

California’s most controversial AI safety bill of 2024 might be dead, but its author isn't backing down. State Senator Scott Weiner is back with SB 53, a new AI bill that strips away the most debated parts of last year’s failed legislation while keeping key whistleblower protections and a public cloud computing initiative called CalCompute. With the AI industry and even the federal government shifting away from AI safety regulation in favor of innovation, will the bill gain any traction? Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff and Anthony Ha are unpacking the latest moves in AI regulation along with the week’s top stories in tech and startups. Listen to the full episode to hear about: What Kirsten is hoping to see on the ground at SXSW this year CoreWeave’s IPO, and why the founders’ latest moves are raising eyebrows. As Kirsten put it: there's nothing more fun than diving into an S-1 Ramp’s impressive growth, and how the fintech more than doubled its annualized revenue to $700M Alexis Ohanian and Kevin Rose’s team-up, and if the pair can really bring back Digg Which founders are raising in 2025, and why deep tech has some investors feeling optimistic Equity will be back next week, so stay tuned! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Is Silicon Valley still the best place for startups? Insight Partners’ Ryan Hinkle doesn’t think so

Today on Equity, Julie Bort sits down with Ryan Hinkle a Managing Director at Insight Partners, the giant New York-based venture capital firm that invests in tech worldwide. It has $90 billion in assets under management and just raised a new $12.5 billion fund. The pair unpack the evolving landscape of startup ecosystems. They talk about the post-pandemic shift that saw many founders moving to cities like New York or Miami only for the rise of OpenAI and Cerebral Valley and the accompanying AI boom to reignite San Francisco and Silicon Valley in general. While some founders say that they are now relocating their companies to San Francisco, Hinkle disagrees with the necessity of doing so. He concedes that the Valley offers an unmatched talent pool but argues it also comes with steep costs and retention challenges, making it far from the only viable choice for startups. Listen to the full episode to hear more about: Why startup success isn’t tied to a single location but rather to access to skilled, loyal, and affordable talent How Silicon Valley’s abundance of opportunities creates a "mercenary” hiring culture, making employee retention difficult The key differences between building in New York vs. Silicon Valley, including financial management and access to venture capital Equity will be back on Friday with our weekly news roundup, so don’t miss it! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time. Learn more about your ad choices. Visit megaphone.fm/adchoices

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How Gradient Ventures is Shaping the AI Startup Landscape with Eylul Kayin

Today on Equity, Mary Ann Azevedo sits down with Eylul Kayin, a partner at Gradient Ventures, to dive into the evolving AI startup landscape. The pair dig into what makes a successful AI startup, the importance of quality product offerings, and the fast-moving nature of AI innovation. Listen to the full episode to hear more about: Key challenges founders face, from building strong customer relationships to navigating technical hurdles. Gradient Ventures’ approach to funding and supporting AI startups, especially how to strike a balance between vertical expertise and rapid product development. Eylul's experience as a judge for TechCrunch’s Startup Battlefield 2024, and tips for entrepreneurs pitching their ideas to investors. And if you’re a founder interested in applying, the TechCrunch Startup Battlefield 200 applications are officially open — so be sure to check it out! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Every year, it seems like there's at least one big YC controversy

Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff and Anthony Ha are breaking down the week’s biggest stories, including the Optifye.ai controversy, the wider concerns about AI in labor, and why this demo could be a glimpse of what's coming next. Listen to the full episode to hear about: Amazon’s Alexa unveiling this week in NYC, and why an AI-enabeled Alexa+ could make the competition sweat Why the departure of Lucid Motors' CEO Peter Rawlinson is raising concerns about the company's future Bridgetown Research’s $19 million raise to automate due diligence Figure AI’s new funds and Helix plans. When asked if they’d want the humanoid assistants in their home, Kirsten was skeptical, but Max prefers the softer side of robotics. Equity will be back next week, so stay tuned! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time. Learn more about your ad choices. Visit megaphone.fm/adchoices

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How are founders positioning themselves for the next 4 years?

Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Margaux MacColl and Anthony Ha are digging into the latest tech and startup news from inauguration week in the U.S., including the new administration’s approach to startups and the potential transparency challenges that come with it. Listen to the full episode to hear about: TikTok’s rapid return and which apps are waiting in the wings – just in case. What is Stargate, and why are OpenAI, SoftBank, Oracle and others committing $100 billion to the project? Why some shareholders are walking away from Divvy Homes’ acquisition with nothing. The IPO market for 2025: Who’s planning to make their debut, and who’s reconsidering going public? Equity will be back next week, so stay tuned! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time. Learn more about your ad choices. Visit megaphone.fm/adchoices

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TechCrunch podcasts cover the business of technology, startups, venture capital funding, crypto, and the humans behind it all.

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Mercor has its moment in the AI data race

Live demo fails, AI safety wins, and the Golden Age of Robotics

OpenAI and Microsoft’s ‘frenemies relationship,’ and what you missed at SXSW

Bradley Tusk says VC is dead. But the 'fixer' in him is just getting started

AI Wearables 1.0: Was Humane’s AI Pin too ambitious?

The California AI bill is back, and it lost its teeth

Is Silicon Valley still the best place for startups? Insight Partners’ Ryan Hinkle doesn’t think so

How Gradient Ventures is Shaping the AI Startup Landscape with Eylul Kayin

Every year, it seems like there's at least one big YC controversy

How are founders positioning themselves for the next 4 years?

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