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KPMG pulls report on AI usage after organizations claim inaccuracies

TechCrunch AI · Jun 16, 2026 · 1 min read

KPMG's report on AI usage was found to contain inaccuracies, with organizations like UBS and the NHS stating the claims...

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Startups

Meta Dismantles $2 Billion Manus Acquisition Amid National Security Concerns

TechCrunch AI · Jun 16, 2026 · 1 min read

Meta has begun to dismantle its $2 billion acquisition of Manus, a Chinese-founded AI startup, due to national security...

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AI company Anthropic suspends access to models in India due to US government directive

TechCrunch AI · Jun 16, 2026 · 1 min read

Anthropic has suspended access to its newest AI models following a US government directive, raising questions about Ind...

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Startups

SpaceX's Record IPO Sparks AI Boom

TechCrunch AI · Jun 16, 2026 · 1 min read

SpaceX's historic IPO has set off a ripple effect in the market, with AI companies like Anthropic and OpenAI preparing...

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Startups

Tech's AI bubble: Is the industry's reliance on AI a convenient excuse for layoffs?

TechCrunch AI · Jun 16, 2026 · 1 min read

The tech industry is experiencing a surge in layoffs, with AI cited as the reason for many cuts. However, some experts...

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Startups

AI Revolution in Space: Satellite Finds Its Own Target

TechCrunch AI · Jun 16, 2026 · 1 min read

An Earth observation satellite has successfully used a vision-language model to identify areas of interest without huma...

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Startups

NewCore Raises $66M to Tackle AI Identity Management

TechCrunch AI · Jun 16, 2026 · 1 min read

NewCore, a cybersecurity startup, has emerged from stealth with $66 million in funding to address the growing need for...

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Startups

India’s AI Startup Sarvam Raises $234M at $1.5B Valuation

TechCrunch AI · Jun 16, 2026 · 1 min read

Sarvam, an AI startup from Bengaluru, has raised $234 million at a $1.5 billion valuation, becoming India’s newest AI u...

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Google CEO Sundar Pichai faces student revolt over defense ties and AI use

TechCrunch AI · Jun 16, 2026 · 1 min read

Google CEO Sundar Pichai faced a small revolt when he delivered his commencement speech at Stanford University, where h...

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Malaysian Startup Respond.io Raises $62.5M to Tackle Customer Conversation Management

TechCrunch AI · Jun 16, 2026 · 1 min read

Respond.io, a Malaysian customer conversation management software, has secured a $62.5 million Series B round, growing...

Meta's New AI Mode to Use Public Facebook Posts for Search Results
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Meta's New AI Mode to Use Public Facebook Posts for Search Results

The Verge AI · Jun 16, 2026 · 1 min read

Meta is introducing an AI Mode in its search feature that draws from publicly-posted content across its platforms, incl...

US Government Halts Anthropic's Powerful AI Model Release Amid Export Control Concerns
AI News

US Government Halts Anthropic's Powerful AI Model Release Amid Export Control Concerns

The Verge AI · Jun 16, 2026 · 1 min read

The US government has issued a directive to suspend access to Anthropic's Mythos 5 and Fable 5 AI models due to concern...

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Startups

Salesforce to Acquire Fin for $3.6 Billion

TechCrunch AI · Jun 15, 2026 · 1 min read

Salesforce is acquiring Fin, an AI customer service platform, for $3.6 billion. Fin offers an AI agent that can resolve...

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Startups

US Government Bans Powerful AI Models from Cybersecurity Experts

TechCrunch AI · Jun 15, 2026 · 1 min read

A group of cybersecurity experts have written an open letter to the US government, urging it to lift the export control...

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Startups

SpaceX IPO: The Largest in History as Elon Musk Becomes a Trillionaire

TechCrunch AI · Jun 15, 2026 · 1 min read

SpaceX has made history with its largest IPO, raising $75 billion and making Elon Musk the world's first trillionaire....