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Rubrik’s IPO filing reveals an AI governance committee. Get used to it. | TechCrunch
Tucked into Rubrik’s IPO filing this week — between the parts about employee count and cost statements — was a nugget that reveals how the data management company is thinking about generative AI and the risks that accompany the new tech: Rubrik has quietly set up a...

Varda Space’s orbital drug factory success fuels $90M in new funding | TechCrunch
Varda Space Industries has closed a massive tranche of funding just weeks after its first drug manufacturing capsule returned from orbit. The company’s $90 million Series B round marks an inflection point for the company, which is now gearing up to scale from the...

From YC to IPO: Winter 2024 Demo Day, Rubrik and Ibotta | TechCrunch
What a week, everyone. Two full days of Y Combinator demo day activity kept us busy , but the latest accelerator cohort’s launch was far from the only big story in startup-land. Today on TechCrunch’s Equity podcast, Mary Ann , Becca , and Alex gathered to dig into...

Tesla slashes Model Y inventory prices by as much as $7,000 | TechCrunch
Tesla is dropping prices of unsold Model Y SUVs in the U.S. by thousands of dollars in an attempt to clear out an unprecedented backlog of inventory. Many long-range and performance Model Ys are now selling for $5,000 less than their original price, while rear-wheel...

Apple lays off over 600 employees in California after abandoning electric car project | TechCrunch
Apple is laying off 614 employees in California after abandoning its electric car project. According to the WARN notice posted by California, Apple notified the affected employees on March 28 and the changes will go into effect on May 27. Affected employees worked at...
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