TechCrunch Industry News

Researchers at Microsoft have developed a new simulation environment for testing AI agents, revealing surprising weaknesses in the current state-of-the-art. Also, Penn experienced a data breach on Friday as hackers sent messages boasting of the hack to the university community. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Information reports that Anthropic expects to generate as much as $70 billion in revenue and $17 billion in cash flow in 2028. The growth projections are fueled by rapid adoption of Anthropic’s business products, a person with knowledge of the company’s financials said. And despite its imprecision, the fourth "Master Plan" is a centerpiece of Tesla's case for giving CEO Elon Musk $1 trillion in company shares. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meta said that Facebook Dating has 1.77 million daily active users in the US between ages 18-29. Also, core parts of the ClickUp release were possible because of its acquisition of Qatalog. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Despite the emphasis on detachment from ideas, X employees do have significant skin in the game when projects spin out. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meta's AI spending is starting to make Wall Street nervous. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Elon Musk and Sam Altman are still taking swipes at each other on Musk’s social media platform X. Also, a majority of consumers say they’re worried about data centers driving up electricity costs. Is the industry prepared for a possible backlash? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Semiconductor giant Nvidia is looking to invest at least five hundred million dollars and up to one billion dollars in Poolside which builds AI models for software development. That’s according to reporting from Bloomberg, which cited sources. This investment would be part of a two billion dollar funding round Poolside is raising at a twelve billion dollar valuation. Lidar-maker Luminar is warning shareholders that it will run out of cash in early twenty twenty six and has announced a 25 percent cut to its workforce to help staunch the bleeding, its second layoff of the year, according to a Friday regulatory filing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

“The dead internet theory is real,” Reddit co-founder Alexis Ohanian told Digg founder Kevin Rose, referring to the idea that much of the internet isn’t human — it’s mostly bots. The two entrepreneurs have since teamed up to re-envision how to build a social community in this world where, very soon, it will be hard to tell bot from human. Also, Canva is launching new features like Forms, email design, and makes Affinity free for all users. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Design platform Figma said today that it has acquired AI-powered image and video generation company Weavy. The startup will join Figma under a new brand called Figma Weave. Also, Threads continues to ship new features at a rapid pace. Shortly after the launch of communities and disappearing “ghost posts,” the social networking app on Thursday introduced new tools that will give users more control over their conversations on the platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With Uplift, every subscription will contribute to neighborhood-level network expansion, while local hosts that are known as "AirNode operators" will earn a portion of network revenue by providing community coverage. Also, while San Francisco's mayor Daniel Lurie is opening his arms to autonomous vehicles, other cities are more resistant. Boston, for instance, has considered a ban on autonomous vehicles in the city. Learn more about your ad choices. Visit podcastchoices.com/adchoices