Insurance startup Corgi hits $1.3B valuation 4 months after its Series A

Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion.

DeepSeek could hit $45B valuation from its first investment round

The Chinese AI lab came to prominence in early 2025 after launching a large language model that trained on a fraction of the compute power and at a fraction of the cost of the big U.S. models like those from OpenAI and Anthropic.

At TechCrunch Disrupt 2026, all your M&A questions will be answered

Leaders from Coinbase, M13, and Mignano Law Group talk about how M&A is an early-stage strategy at TechCrunch Disrupt 2026. Register to hear this live.

3 days left to lock in 50% off a second ticket to TechCrunch Disrupt 2026

Three days left to lock in 50% off a second ticket to Disrupt 2026. Buy one TechCrunch Disrupt 2026 ticket, and get a second ticket at 50% off. Gain more visibility in the tech industry. Offer ends May 8 at 11:59 p.m. PT.

Marc Lore says that AI will soon enable anyone open a restaurant

Wonder wants to turn its robotic kitchens into AI-powered “restaurant factories,” letting anyone spin up a virtual food brand with a prompt.

Altara secures $7M to bridge the data gap that’s slowing down physical sciences

Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets and legacy systems.

As crypto cools, a16zcrypto raises a $2.2B fund

As some of the biggest VCs in crypto start to consider funding AI startups, a16zcrypto’s new fund will stay the course.

4 days left: Get 50% off a second TechCrunch Disrupt 2026 pass to make more deals faster

For the next four days only, you can buy one pass to TechCrunch Disrupt 2026 and get 50% off a second of the same ticket type. That window closes May 8 at 11:59 p.m. PT. After that, prices go up, and you’ll pay more to bring a partner or colleague. Reg…

India’s first GenAI unicorn shifts to cloud services as AI model ambitions face reality

Krutrim’s pivot to cloud after layoffs and limited product updates reflects the economic challenges of building AI models in India.

OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO

AI chip maker Cerebras is heading for a blockbuster IPO that could value it at $26.6 billion or more. It’s relationship with OpenAI is deep and rich.