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OpenAI Introduces Free AI Image Generator in ChatGPT, Redefines User Experience

OpenAI Introduces Free AI Image Generator in ChatGPT, Redefines User Experience

OpenAI has launched a new AI image generator directly within ChatGPT, allowing users to create images without needing DALL-E. This feature, available for both free and subscription accounts, enhances ChatGPT's functionality by enabling multimedia experiences. Users can generate work-related graphics such as charts and infographics. While DALL-E remains accessible for more complex tasks, the new tool simplifies the process for users. This move is part of OpenAI's strategy to integrate generative AI capabilities into its popular chatbot, reflecting its commitment to user empowerment.

Created at: March 26, 2025 3:00am

Waymo Expands Paid Robotaxi Service to Washington D.C. in 2026

Waymo Expands Paid Robotaxi Service to Washington D.C. in 2026

Waymo is set to launch its paid robotaxi service, Waymo One, in Washington D.C. by 2026, following successful expansions in other cities. The Alphabet-owned company aims to provide fully autonomous ride-hailing services while collaborating with policymakers for necessary permits. Users will be able to book rides via the Waymo One app, enhancing mobility for both locals and tourists. This move follows a significant launch in San Francisco and recent testing plans in Tokyo. Waymo's growth reflects a rising public confidence in autonomous vehicles, with 68% of survey participants favoring their safety over human drivers.

Created at: March 26, 2025 3:00am

Microsoft Unveils AI-Powered Deep Research Tools for Copilot

Microsoft Unveils AI-Powered Deep Research Tools for Copilot

Microsoft has announced the launch of two AI-powered tools, Researcher and Analyst, for its Microsoft 365 Copilot app. These tools utilize advanced reasoning AI models to enhance deep research capabilities. Researcher integrates OpenAI's deep research model to assist in tasks like developing go-to-market strategies, while Analyst focuses on advanced data analysis and can execute Python code for complex queries. Both tools will access various data sources, including third-party connectors. The new tools will be available to Microsoft 365 Copilot users enrolled in the Frontier program starting in April.

Created at: March 26, 2025 3:00am

Massive iOS 19 Interface Leak Surfaces Ahead of WWDC 2025 Announcement

Massive iOS 19 Interface Leak Surfaces Ahead of WWDC 2025 Announcement

A significant leak regarding Apple's upcoming iOS 19 has emerged, revealing a complete redesign of the operating system's interface. This leak coincided with Apple's announcement of the Worldwide Developers Conference (WWDC) 2025, scheduled for June 9-13. The new interface reportedly features a three-dimensional icon design, influenced by visionOS, along with a revamped Camera app. This overhaul marks the first major design change since iOS 7. With further updates expected for iPadOS 19 and macOS 16, anticipation builds for the event where these innovations will be officially unveiled.

Created at: March 26, 2025 2:30am

Jack Dorsey Announces Layoffs Affecting 931 Employees at Block

Jack Dorsey Announces Layoffs Affecting 931 Employees at Block

Fintech company Block, co-founded by Jack Dorsey, has laid off 931 employees as part of an organizational restructuring. In an email to staff, Dorsey detailed that the layoffs are categorized into three groups: 391 for strategic reasons, 460 for performance issues, and 80 management positions to streamline operations. He emphasized that these cuts are not driven by financial targets or AI replacements. Additionally, Block is closing 748 open roles while maintaining essential positions. This marks the second round of significant layoffs for the company in recent months.

Created at: March 25, 2025 11:00pm

Essential Guide: How to Check If Your Online Accounts Have Been Hacked

Essential Guide: How to Check If Your Online Accounts Have Been Hacked

In an era where cyber threats are on the rise, awareness of online account security is crucial. A recent guide outlines steps for users to determine if their accounts, including Gmail, Facebook, and LinkedIn, have been compromised. It emphasizes enabling multi-factor authentication and monitoring login sessions across various platforms. Users are encouraged to utilize security tools offered by these services and to act swiftly if they detect any suspicious activity. This resource aims to empower individuals to safeguard their digital presence effectively.

Created at: March 25, 2025 9:30pm

Emergence Capital Closes $1B Fund for B2B Investments

Emergence Capital Closes $1B Fund for B2B Investments

Emergence Capital has successfully closed its seventh fund, raising $1 billion aimed at supporting B2B companies. This marks the firm's first fundraising effort in nearly four years, following a significant raise in May 2021. The firm, known for its focus on enterprise tech startups, is now heavily investing in artificial intelligence, viewing it as a key area for growth. Emergence has previously backed notable companies such as Salesforce and Zoom. Stanford University has supported Emergence since 2007, highlighting the firm's strong investor network.

Created at: March 25, 2025 9:00pm

Earth AI Unveils New Mineral Deposits in Overlooked Australian Regions

Earth AI Unveils New Mineral Deposits in Overlooked Australian Regions

Earth AI has made significant discoveries of critical minerals in Australia, identifying promising deposits of copper, cobalt, gold, silver, molybdenum, and tin in areas long ignored by other mining companies. Utilizing advanced AI algorithms, the startup aims to revolutionize mineral exploration by rapidly scanning large geographical areas for potential resources. Founded by Roman Teslyuk, Earth AI has emerged from academic roots and recently raised $20 million in a Series B funding round. This development highlights the intersection of technology and mining, suggesting future mineral supplies may rely heavily on AI-driven insights.

Created at: March 25, 2025 7:30pm

ChatGPT's Image Generation Receives Major Upgrade with GPT-4o

ChatGPT's Image Generation Receives Major Upgrade with GPT-4o

OpenAI has officially announced an upgrade to ChatGPT's image-generation capabilities, utilizing the new GPT-4o model. This significant enhancement allows users to create and modify images natively within ChatGPT and the Sora video-generation product, exclusively for Pro plan subscribers. The updated model promises more accurate and detailed images compared to its predecessor, DALL-E 3. OpenAI is gradually rolling out this feature to Plus and free users, as well as API developers. The company has not disclosed specific training data used for this upgrade, maintaining competitive secrecy.

Created at: March 25, 2025 7:00pm

Instagram Launches School Partnership Program to Combat Online Bullying

Instagram Launches School Partnership Program to Combat Online Bullying

Instagram has initiated a new partnership program with U.S. middle and high schools to streamline the reporting of online bullying and safety issues. Schools can directly report posts and accounts violating guidelines, with these reports prioritized for faster review. A 'school partner' banner will identify participating schools, alongside educational resources for safe app usage. This initiative follows a year-long pilot with 60 schools and comes amid legislative efforts to improve online safety for minors. Other safety measures include private teen accounts and parental controls.

Created at: March 25, 2025 7:00pm

Apple's WWDC 2025 Set for June 9-13, Promises Major Software Updates

Apple's WWDC 2025 Set for June 9-13, Promises Major Software Updates

Apple has officially announced that its annual Worldwide Developers Conference (WWDC) will take place from June 9 to June 13, 2025. The event will feature online accessibility for all developers and an in-person keynote at Apple Park on June 9. Anticipated highlights include significant software updates for iOS, iPadOS, macOS, watchOS, and tvOS, with iOS 19 reportedly undergoing its most substantial revamp since iOS 7. Additionally, new hardware products and advancements in Siri may be unveiled during the conference.

Created at: March 25, 2025 6:00pm

23andMe Files for Bankruptcy: What You Need to Know About Your Genetic Data

23andMe Files for Bankruptcy: What You Need to Know About Your Genetic Data

23andMe has officially filed for bankruptcy protection, raising alarms for the privacy of its 15 million customers' genetic data. The company assures that data privacy will be a priority in any future transactions, but experts warn users to take precautionary measures. Customers are advised to log into their accounts to delete their data, but a slowdown on the site is reported as many rush to act. Although users can revoke consent for data usage, some information may still be retained for legal compliance. Families are encouraged to discuss data protection as well.

Created at: March 25, 2025 5:30pm

Cerebras Systems' IPO Faces New Delays Amid National Security Review

Cerebras Systems' IPO Faces New Delays Amid National Security Review

Cerebras Systems, a leader in AI chipmaking, has postponed its IPO yet again due to ongoing national security reviews. Initially filed in September 2024, the company anticipated a smoother process with the incoming Trump administration. However, key positions in the White House remain unfilled, including the assistant Treasury secretary for investment security, which oversees such reviews. The IPO's scrutiny stems from a significant $335 million investment from Abu Dhabi's G42, which has connections to Huawei. TechCrunch is waiting for a response from Cerebras regarding these developments.

Created at: March 25, 2025 5:00pm

Quora's Poe Unveils Budget-Friendly Subscription at $5/Month

Quora's Poe Unveils Budget-Friendly Subscription at $5/Month

Quora's Poe chatbot app has launched a new subscription plan priced at $5 per month, making it one of the most affordable options available. This plan allows users to access up to 10,000 points daily to interact with various AI bots. Additionally, a premium tier at $250 per month offers 12.5 million points for extensive use. The introduction of these plans aligns with the evolving trends in AI pricing, catering to both casual and heavy users. Previously, the lowest tier was $20 per month, enhancing Poe's user accessibility across platforms including iOS and Android.

Created at: March 25, 2025 5:00pm

Google Launches Gemini 2.5: A Revolutionary AI Reasoning Model

Google Launches Gemini 2.5: A Revolutionary AI Reasoning Model

Google has introduced Gemini 2.5, its latest AI reasoning model that pauses to think before delivering answers. The model, available in the Google AI Studio and Gemini app, is touted as the company's most advanced yet. It incorporates reasoning capabilities aimed at enhancing performance in math and coding tasks. Gemini 2.5 Pro outperforms several leading AI models, achieving notable scores in various benchmarks. The model features a 1 million token context window, significantly increasing its input capacity. Google aims for future models to consistently integrate reasoning capabilities.

Created at: March 25, 2025 5:00pm

Discord Revamps Streaming Overlay for Enhanced User Experience

Discord Revamps Streaming Overlay for Enhanced User Experience

Discord has announced a complete overhaul of its Overlay feature, designed to improve the streaming experience for users. Unlike its previous version that obstructed the screen with the full Discord client, the new Overlay allows streamers to utilize customizable widgets for quick access to messages and settings. It also features a picture-in-picture option for viewing friends' streams and supports more games with better performance. Additionally, Discord is introducing new dark themes and UI density options for its Desktop app, catering to both creators and casual gamers.

Created at: March 25, 2025 4:30pm

ATmosphere Conference Empowers Users to Reclaim the Web

ATmosphere Conference Empowers Users to Reclaim the Web

The ATmosphere Conference recently took place in Seattle, gathering over 150 developers and advocates focused on the AT Protocol, which underpins the Bluesky social network. Attendees discussed the need for decentralized social apps that prioritize user control over data and algorithms. Key speakers included Bluesky CEO Jay Graber and OAuth co-author Blaine Cook, who shared insights on past failures and future aspirations. The event emphasized community-building and the importance of support for marginalized groups in the digital space. Participants left inspired to continue developing safer online environments.

Created at: March 25, 2025 4:30pm

Manny Medina Launches New Startup 'Paid' to Empower AI Agents' Compensation

Manny Medina Launches New Startup 'Paid' to Empower AI Agents' Compensation

Manny Medina, the founder of Outreach, has unveiled his new startup, Paid, which aims to revolutionize how AI agents are compensated. The platform, which recently secured €10 million in pre-seed funding from EQT Ventures, Sequoia, and GTMFund, addresses a key issue for companies utilizing AI agents: pricing. Unlike traditional software models, Paid allows agentic startups to establish pricing based on the results delivered by AI agents rather than per user or task. This innovative approach helps startups ensure profitable margins while tracking agent performance effectively.

Created at: March 25, 2025 3:31pm

Gen Z Creator Kat Abughazaleh Launches Congressional Campaign Amid Musk's Controversy

Gen Z Creator Kat Abughazaleh Launches Congressional Campaign Amid Musk's Controversy

Kat Abughazaleh, a 26-year-old social media creator, has announced her candidacy for Congress in Illinois’ Ninth District, responding to Elon Musk's previous mockery of her layoff from Media Matters. With over half a million followers, she aims to address key issues like affordable housing and expanded social security. Abughazaleh's campaign strategy heavily utilizes Bluesky, where she raised $100,000 within hours. She seeks to inspire younger candidates and be a voice for her generation, emphasizing a need for stronger digital outreach from Democrats. Her run may redefine Gen Z political engagement.

Created at: March 25, 2025 3:30pm

Apple Music Empowers DJs with New Integration for Mix Creation

Apple Music Empowers DJs with New Integration for Mix Creation

Apple Music has announced a significant integration that allows DJs to create mixes using its extensive catalog of over 100 million songs. This enhancement, which incorporates popular DJ software and hardware platforms, aims to attract both professional and aspiring DJs. The update includes a dedicated DJ category page featuring curated playlists and inspiration mixes. Apple Music's commitment to supporting DJs is further emphasized by its ongoing expansion since launching DJ Mix sets in 2021. This move aligns with broader trends in music streaming, as competitors explore similar remixing tools.

Created at: March 25, 2025 2:30pm

Plural Revolutionizes Kubernetes Management for Enterprises

Plural Revolutionizes Kubernetes Management for Enterprises

Plural, founded by former Unqork VP Sam Weaver and engineer Michael Guarino, has launched a platform that consolidates Kubernetes clusters onto a single dashboard. This innovation aims to streamline operations and reduce operational overhead by 90%. Plural's AI offers optimization suggestions and diagnoses scaling issues, allowing developers to focus on productive work. Recently, the startup raised $6 million in seed funding, exceeding its initial goal due to high demand. With multiple enterprise customers, Plural is positioned to lead in the rapidly evolving Kubernetes management space.

Created at: March 25, 2025 2:30pm

TechCrunch All Stage 2025: Save $300+ on Passes Before March 31!

TechCrunch All Stage 2025: Save $300+ on Passes Before March 31!

TechCrunch's premier founder conference, TC All Stage 2025, is set for July 15 in Boston. Attendees can save over $300 by registering before March 31, benefiting from Super Early Bird rates. The event features insightful sessions, roundtables, and networking opportunities tailored for founders and VCs. Key discussions will include essential topics for early-stage startups, such as crafting pitch decks and understanding VC evaluations. This is an unmissable opportunity for entrepreneurs looking to scale their ventures and connect with industry leaders.

Created at: March 25, 2025 2:30pm

Character AI Unveils New Parental Supervision Tools for Enhanced Teen Safety

Character AI Unveils New Parental Supervision Tools for Enhanced Teen Safety

Character AI is introducing parental insights features aimed at improving safety for teen users. The startup will now provide weekly summaries to parents detailing their teens' app usage, including time spent and top interacted characters. This move follows criticism over the platform's previous failure to protect minors effectively. While parents will receive engagement data, direct access to chats remains restricted. The initiative builds on earlier safety measures introduced last year, highlighting Character AI's commitment to user protection amid ongoing legal challenges.

Created at: March 25, 2025 1:30pm

Bill Gates-Backed Commonwealth Fusion Systems Achieves Milestone in Fusion Reactor Construction

Bill Gates-Backed Commonwealth Fusion Systems Achieves Milestone in Fusion Reactor Construction

Commonwealth Fusion Systems (CFS) has successfully installed a crucial component of its Sparc demonstration reactor, marking a significant step forward in fusion energy development. The 75-ton cryostat base, essential for the reactor's tokamak, was shipped from Italy to Massachusetts. This installation signifies a transition to building the actual fusion machine. CFS aims to demonstrate that fusion power can generate more energy than it consumes, with expectations for the reactor to come online in 2027. CFS is backed by notable investors, including Bill Gates’s Breakthrough Energy Ventures.

Created at: March 25, 2025 12:30pm

Waymo to Launch Robotaxi Service in Washington D.C. by 2026

Waymo to Launch Robotaxi Service in Washington D.C. by 2026

Waymo announced plans to begin its robotaxi service in Washington D.C. in 2026, utilizing the Waymo One app. The company aims to expand its autonomous vehicle operations while navigating local regulations that currently require a human driver. This expansion follows Waymo's existing robotaxi services in cities like Phoenix and Austin. To further its reach, the company will also begin mapping in ten additional cities this year, including Las Vegas and Nashville. Waymo's business model hinges on eliminating human drivers, and it will work with policymakers to adjust permitting rules.

Created at: March 25, 2025 11:30am

Nintendo Switch 2 Pre-Orders Expected to Launch Soon After Nintendo Direct

Nintendo Switch 2 Pre-Orders Expected to Launch Soon After Nintendo Direct

A recent leak suggests that pre-orders for the highly anticipated Nintendo Switch 2 could begin shortly after the upcoming Nintendo Direct event on April 2. Trusted restock tracker Matt Swider indicates that major retailers may start accepting pre-orders within an hour of the announcement. The expected price for the console is $399, reflecting enhancements over the current model. Nintendo aims to avoid past stock shortages, with President Shuntaro Furukawa assuring preparations are underway to meet demand. Fans eagerly await details on features and release timing.

Created at: March 25, 2025 10:00am

Microsoft Forces OneNote Upgrade as Windows 10 Support Nears End

Microsoft Forces OneNote Upgrade as Windows 10 Support Nears End

Microsoft has announced the end of support for OneNote on Windows 10, effective October 14, 2025, as part of its strategy to encourage users to upgrade to Windows 11. Starting June 2025, sync speeds for OneNote on Windows 10 will be deliberately slowed, affecting multi-device access and real-time collaboration. Individual users and businesses relying on the app will experience significant delays. Microsoft offers a migration guide to facilitate the transition to the new OneNote app for Windows 11, ensuring data integrity during the switch.

Created at: March 25, 2025 10:00am

iOS 18.4 Introduces AI in EU, But Leaves iPhone Mirroring in Limbo

iOS 18.4 Introduces AI in EU, But Leaves iPhone Mirroring in Limbo

Apple's latest update, iOS 18.4, rolls out AI capabilities in the EU, yet notably excludes the highly anticipated iPhone Mirroring feature. This decision, attributed to 'regulatory uncertainties' stemming from the Digital Markets Act, has left users questioning the absence of this functionality. Alongside iPhone Mirroring, SharePlay Screen Sharing is also unavailable in the region for similar legal reasons. Despite these setbacks, the update promises enhanced accessibility with AI-driven tools. Users can expect the full rollout by early April, though the wait for these features may continue.

Created at: March 25, 2025 9:30am

Netflix Launches HDR10+ for Enhanced Streaming Experience

Netflix Launches HDR10+ for Enhanced Streaming Experience

Netflix has officially introduced HDR10+ streaming, promising sharper and brighter visuals for its subscribers. This format enhances image quality by adjusting brightness and contrast on a frame-by-frame basis, offering a more realistic viewing experience. Premium subscribers can now access this feature on compatible devices, improving the fidelity of Netflix's original programming. Coupled with the AV1 codec, this update allows for 4K streaming without excessive data usage. As Netflix expands HDR10+ support to more titles, viewers can expect a significant upgrade in their streaming quality.

Created at: March 25, 2025 9:30am

Google Maps Integrates Gemini AI for Enhanced Location Queries

Google Maps Integrates Gemini AI for Enhanced Location Queries

Google Maps has integrated Gemini AI to offer real-time contextual answers through its new 'ask about place' feature. Users can now access detailed information directly within the Maps interface, reducing the need for app switching. When tapping a location pin, users can query various aspects like opening hours or menu highlights. Although the feature shows promise, initial tests revealed inconsistencies in summarizing reviews and responding to queries. Google aims to refine this technology and expand access to all users in the coming months.

Created at: March 25, 2025 7:00am

Daphni Secures €200M for Third Fund, Aims for €250M Total

Daphni Secures €200M for Third Fund, Aims for €250M Total

French venture capital firm Daphni has announced the first closing of its new fund, Daphni Blue, raising €200 million (about $215 million). The firm plans to invest in 40 startups, focusing on fundamental science as a key driver of innovation. Limited partners include major players like Crédit Mutuel Arkéa and Bpifrance. Founding partner Pierre-Eric Leibovici emphasized the importance of differentiating investments while supporting sustainable technologies. Daphni is also actively recruiting talent with scientific backgrounds to enhance its investment strategy. The firm aims to prove its effectiveness in capital deployment and generating returns.

Created at: March 25, 2025 5:30am

Apple Abandons Plans for Plastic Apple Watch SE Amid Criticism

Apple Abandons Plans for Plastic Apple Watch SE Amid Criticism

Apple has reportedly scrapped plans to produce the Apple Watch SE with plastic materials following backlash from consumers. Initial rumors suggested a shift to plastic to reduce production costs, similar to the controversial iPhone 5C. However, the latest reports indicate that Apple will continue using aluminum for the budget smartwatch. The Apple Watch SE is expected to retail at around $249, consistent with previous releases. As of now, Apple has not confirmed these updates, leaving consumers curious about the future materials of its smartwatch lineup.

Created at: March 25, 2025 3:00am

Disney+ Update: Streamline Your 'Continue Watching' List

Disney+ Update: Streamline Your 'Continue Watching' List

Disney+ has introduced a new feature allowing subscribers to edit their 'Continue Watching' list, letting users remove shows they no longer wish to see. This update is available on web and iOS platforms, with plans for expansion to Android and other devices in the future. The feature enhances user experience by enabling easier management of viewing preferences. To remove a show, users can utilize simple methods depending on their device, such as long-pressing on Apple TV or tapping a menu on mobile. Disney+ continues to evolve its offerings amidst tightening account sharing policies.

Created at: March 25, 2025 2:30am

23andMe Files for Bankruptcy, Users Urged to Delete Data Amidst CEO Resignation

23andMe Files for Bankruptcy, Users Urged to Delete Data Amidst CEO Resignation

23andMe, the controversial DNA testing company, has filed for Chapter 11 bankruptcy, leading to the resignation of its CEO, Anne Wojcicki. In her announcement, Wojcicki expressed accountability for the company's challenges while maintaining her belief in its future. Amidst the bankruptcy, users are encouraged to secure their privacy by deleting their accounts and sensitive data. The company continues operations, allowing user access to profiles for data deletion. 23andMe has faced numerous privacy issues, contributing to its current financial troubles and operational instability.

Created at: March 25, 2025 2:30am

Google Search AI Mode Now Available for Free Users on Waitlist

Google Search AI Mode Now Available for Free Users on Waitlist

Google has expanded access to its AI Mode feature on Search for free users on the waitlist. Initially exclusive to Google One Premium subscribers, this feature allows users to receive AI-generated summaries instead of traditional webpage results. Those granted access received notifications saying, 'You're Off the Waitlist!' The AI Mode is part of Google's Search Labs experiment, enhancing user experience through generative AI technology. The Gemini AI app, now updated on iOS, offers advanced automation and task management features. This change marks a significant shift in how users interact with Google Search.

Created at: March 25, 2025 2:00am

OpenAI Enhances ChatGPT's Voice Assistant for Seamless Conversations

OpenAI Enhances ChatGPT's Voice Assistant for Seamless Conversations

OpenAI has announced updates to its Advanced Voice Mode for ChatGPT, making interactions smoother and more engaging. The new version allows free users to pause without interruptions, addressing a common complaint about AI voice assistants. Paying users will experience fewer interruptions and a more vibrant personality from the assistant. These enhancements aim to keep pace with increasing competition in the AI voice space, particularly against startups like Sesame and tech giants like Amazon. The changes were revealed in a video by OpenAI’s Manuka Stratta, highlighting a commitment to user-friendly AI.

Created at: March 25, 2025 1:30am

New ARC-AGI-2 Test Challenges AI Models' Intelligence

New ARC-AGI-2 Test Challenges AI Models' Intelligence

The Arc Prize Foundation has unveiled a new test, ARC-AGI-2, designed to assess the general intelligence of AI models, which has proven difficult for top models to pass. Reasoning models like OpenAI's o1-pro scored between 1% and 1.3%, while non-reasoning models achieved around 1%. The test requires AI to solve novel visual pattern puzzles, emphasizing efficiency and adaptability. Human participants scored 60% on average, far outperforming AI models. Co-founder François Chollet claims the new test is a significant improvement over its predecessor, focusing on how efficiently AI can learn new skills.

Created at: March 25, 2025 12:30am

Ant Group Claims Major AI Breakthrough with Chinese Chips

Ant Group Claims Major AI Breakthrough with Chinese Chips

Ant Group, backed by Alibaba's Jack Ma, has announced a significant reduction in AI training costs, achieving a 20% decrease by utilizing Chinese chips from Alibaba and Huawei. This innovation follows speculation that DeepSeek's models could minimize chip needs, impacting Nvidia's market standing. According to sources, the performance of these Chinese chips rivals that of Nvidia's offerings during testing. Should these chips gain traction, Nvidia may face challenges to its dominance in the AI chip market, especially amidst ongoing demand in China despite U.S. export controls.

Created at: March 25, 2025 12:00am

Startup 11x Faces Allegations of Falsifying Customer Claims Amid Financial Struggles

Startup 11x Faces Allegations of Falsifying Customer Claims Amid Financial Struggles

AI sales automation startup 11x, backed by Andreessen Horowitz and Benchmark, is facing scrutiny after claims surfaced that it falsely represented customer endorsements on its website. Sources indicate that many companies listed as customers never consented to their logos being displayed, with some threatening legal action. Internal reports suggest significant financial struggles and high customer churn rates, with the company allegedly inflating its annual recurring revenue figures. Employees describe a stressful work environment, leading to high turnover as 11x attempts to navigate its turbulent growth trajectory.

Created at: March 24, 2025 11:30pm

Vertical Farming Pioneer Plenty Files for Bankruptcy Amidst Industry Struggles

Vertical Farming Pioneer Plenty Files for Bankruptcy Amidst Industry Struggles

Plenty, the vertical farming company based in South San Francisco, has filed for bankruptcy after raising nearly $1 billion since its inception in 2014. The company announced it has secured $20.7 million in debtor-in-possession financing as part of a restructuring plan. Plenty will continue operations at its Virginia strawberry farm and Wyoming R&D center. This move follows a series of bankruptcies in the agtech sector, highlighting ongoing challenges. Notably, Plenty was last valued at $1.9 billion during a $400 million fundraise in January 2022.

Created at: March 24, 2025 10:30pm