Y Combinator often backs startups that duplicate other YC companies, data shows — it’s not just AI code editors

An analysis of all nearly 5,000 companies YC has backed to date reveals a surprising truth: YC startups don’t have to be unique. Far from it.  © 2024 TechCrunch. All…

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Money for tech that matters

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. If you’d like to receive this newsletter in your inbox every Friday, sign up here! The week before Thanksgiving…

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LinkedIn co-founder Reid Hoffman warns against Elon Musk’s ‘conflict of interest’ in setting AI policies

Reid Hoffman, co-founder at LinkedIn and Inflection AI, shared his expectations for the incoming Trump administration in an opinion piece for the Financial Times. And while he appears hopeful that…

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AI chip startup MatX, founded by Google alums, raises Series A at $300M+ valuation, sources say

MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say, less than a year after raising its $25…

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EU closes antitrust probe into Apple’s e-book and audiobook rules after complaint withdrawn

The European Commission (EC) has quietly closed a longstanding antitrust investigation into Apple over rules it enforces against third-party e-book and audiobook app developers. The EC opened the probe back…

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