Lucid Motors slashes 12% of its workforce as it seeks profitability
The layoffs affect hundreds of full-time workers in the US, according to an internal memo obtained by TechCrunch.
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Category: Latest Tech News
Prepare for pitch battle: Startup Battlefield 200 nominations are open
Nominations for TechCrunch Startup Battlefield 200 are open. Pitch at Disrupt 2026 in October in front of top VCs and the full TechCrunch audience. …
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AI’s promise to indie filmmakers: faster, cheaper, lonelier
AI expands access to filmmaking for resource-constrained creators. But as efficiency becomes the industry’s north star, creativity risks being overw…
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Peak XV raises $1.3B, doubles down on AI as global VC rivalry in India heats up
Peak XV says most of its new capital will target India as the firm prioritizes AI, fintech and cross-border bets while navigating recent partner depar…
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UAE’s G42 teams up with Cerebras to deploy 8 exaflops of compute in India
Abu Dhabi-based tech company G42 has partnered with U.S.-based chipmaker Cerebras to deploy eight exaflops of compute through a new system in India
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