TechCrunch Startup News

The founder of Replika has raised an impressive $20 million for Wabi, a platform poised to be the 'YouTube for apps.' Users can effortlessly create and share mini apps using prompts, cutting out the need for coding. Wabi's unique approach encourages social interaction through app liking, commenting, and remixing. The tech landscape is buzzing with comparisons to other no-code AI tools, and there's excitement about how effortless app creation could reshape user engagement. However, the platform also faces challenges in app maintenance and content quality.

The discussion dives into the cooling crisis faced by extreme GPU racks, like NVIDIA's Rubin Ultra, which draw immense power. Alloy Enterprises introduces an innovative metal stack technology that enhances liquid cooling in server components. Unlike traditional 3D printing, their method uses diffusion bonding for seamless cold plates, achieving remarkable thermal efficiency. The switch from aluminum to copper not only boosts performance but also sparks quick market interest. These solutions are poised to tackle the heat challenges of AI and data centers.

MoEngage has secured $100 million in funding, co-led by Goldman Sachs, to accelerate its global presence. The company emphasizes the importance of first-party data and AI in modern marketing. With innovative tools in its Merlin AI suite, MoEngage automates marketing decisions and targeting. It now serves over 1,300 brands, including SoundCloud, and has shifted focus to North America, boosting revenue significantly. The CEO anticipates strong growth and aims for an IPO in the next few years.

Explore the rapidly shifting landscape of AI, where a few market leaders are emerging while vast opportunities remain in finance and security. Elad Gil highlights the unpredictable nature of AI investments, emphasizing the dominance of companies like Google and OpenAI. Meanwhile, Locket is making waves with its innovative social app aimed at Gen Alpha, using the iPhone Lock Screen for engaging photo prompts. With impressive user sharing and future plans for features like video and music, Locket’s approach is reshaping social interaction for a new generation.

Andreessen Horowitz is pausing its Talent x Opportunity fund, igniting discussions around the future of diversity initiatives in tech. The program, aimed at assisting underserved founders, provided extensive training and investments but faced criticism for its structure. Recent shifts in political sentiment have led to widespread retrenchments in DEI efforts within the industry. Additionally, staff layoffs coincide with the program's hiatus, raising questions about ongoing support for marginalized communities in the tech landscape.

Pine Labs is making waves as it prepares for its IPO, slashing its valuation by 40%. CEO Amrish Rao discusses strategic shifts towards wider fintech services, tapping into sales beyond just point-of-sale systems. With operations in 20 countries, Pine Labs is eyeing global expansion, projecting impressive international revenue growth of 58%. The competitive landscape is heating up as it compares itself to other fintech giants. Amidst a bustling Indian IPO scene, Pine Labs aims to leverage its expertise on a global stage.

Sam Altman reveals OpenAI's revenue exceeds $13 billion, expressing frustration over funding queries. He discusses risks tied to compute commitments and the company's growth strategies. Meanwhile, Bluesky celebrates hitting 40 million users, introducing a new 'dislikes' feature aimed at personalizing user feeds. This addition will help filter unwanted content and enhance moderation, showcasing Bluesky's commitment to user control and improved communication dynamics.

A startup called Atom just raised $4.1 million after its text-to-3D app went viral, generating over 10 million impressions. CEO Zach Dive shares insights on targeting consumers first to pave the way for professionals in CAD. Meanwhile, Roy Lee from Cluely discusses the importance of going viral for startups and how provocative marketing can capture attention. He emphasizes that in the digital sphere, grabbing eyeballs often outweighs maintaining a pristine reputation.

A New York startup aims to revolutionize health tracking by uniting data from wearables and apps into a proactive AI companion. Recently securing $10M in funding, they focus on treating health as a continuous journey through small habits. Meanwhile, in India, the SmartBus service raises $30M to enhance intercity travel, capitalizing on increasing demand and modernizing infrastructure. Their asset-light model ensures a seamless customer experience with comfortable amenities and efficient booking.

Discover how AI is reshaping holiday shopping, with Americans turning to large language models instead of Google for gift ideas. The Prompting Company just secured $6.5M to enhance product visibility in AI apps. In India, Snabbit's valuation skyrocketed to $180M, fueled by a surge in daily bookings thanks to its women-led service model. Learn how this startup is expanding rapidly by prioritizing local services and plans to branch into new areas like childcare and elderly care.