Glen Anderson has been brokering trades in private company shares since 2010, back when the number of institutional investors focused on the late-stage private market could be counted on two hands. Today, he says, there are thousands. As president of the investment bank Rainmaker Securities, which focuses solely on private securities markets and facilitates transactions in roughly 1,000 stocks, Anderson …

Lucid Group finished 2025 on an upswing — building twice as many EVs as the previous year and reporting a 55% uptick in sales. Then the first quarter of 2026 arrived. The company, which makes the Air sedan and Gravity SUV, reported Friday that it sold 3,093 vehicles in the first quarter, a 42% drop from the previous quarter and …

Fizz, an anonymous social app that started on college campuses, is going global in more ways than one. Its Global Fizz feed is enabling the app to grow beyond college communities and cater to a broader user base, and the app has made a mark with its first overseas launch in Saudi Arabia.  When Fizz quietly debuted in Saudi Arabia …

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HarperCollins is tapping into AI to bring some of its book franchises to life. Specifically, the publisher is teaming up with Toonstar, an AI animation studio, to turn them into digital shows. The first project will be an adaptation of Lisa Greenwald’s “Friendship List” series, which will also be joined by a graphic novel. You’d be forgiven for being unaware …

The total workforce at Tesla’s factory outside Austin, Texas shrunk dramatically last year as the company suffered its second straight year of declining sales, according to a compliance report spotted by Austin American-Statesman. Tesla went from employing 21,191 people at the factory in 2024 to 16,506 workers in 2025, a drop of 22%. That’s despite the company’s global workforce growing …

A handful of OpenAI executives are transitioning into new roles, according to a report from Bloomberg. An OpenAI spokesperson confirmed the personnel changes to TechCrunch. CEO of AGI development Fidji Simo announced in a memo that Brad Lightcap, OpenAI’s COO, has a new job leading “special projects,” which will involve “complex deals and investments across the company.” He will report …

Anthropic has purchased the stealth biotech AI startup Coefficient Bio in a $400 million stock deal, according to The Information and Eric Newcomer. Sources close to the deal confirmed to TechCrunch that it closed, though declined to comment on the amount. The deal comes as Anthropic continues its push into healthcare and life sciences, following its October announcement of Claude for …

Anthropic has filed documents to create a new political action committee — a sign that, like its peers, the AI lab is committing significant resources toward influencing policy and regulation. AnthroPAC plans to make contributions to both parties during the midterms, including to current D.C. lawmakers and rising political candidates. The PAC will be funded by voluntary employee contributions capped …

Jason Blundell, a former creative lead on Activision Blizzard’s Call of Duty: Black Ops series, has announced that he’s formed a new development studio called Magic Fractal Studios. Blundell announced the studio on a livestream with former Dark Outlaw Games coworker JC Farmer, a little over a week after the previous studio was closed by Sony. Little is known about …

Cutthroat capitalism sure does bring out the best in humanity. Take, for example, Elon Musk. He reportedly set a condition for banks, law firms, auditors and advisors who want to work on the SpaceX IPO. They’re required to subscribe to the bastion of nonconsensual deepfakes and occasional Hitler praise known as Grok. Surely the best and brightest banks our nation …

Apple’s iPads come with built-in productivity tools like Notes, Calendar, and Reminders, but if you’d like to explore new ways to maximize productivity and organize your life, there are many apps out there to help you. Although the iPad started off as a device that could be used to stream content or browse the web on the go, Apple has …

Who doesn’t love a good round of FOMO? From dot-com to Web 2.0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend. The AI bubble is the big daddy of them all. Its first offspring — the rush to lock down power for data centers — is now begetting …

Who doesn’t love a good round of FOMO? From dot-com to Web 2.0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend. The AI bubble is the big daddy of them all. Its first offspring — the rush to lock down power for data centers — is now begetting …

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