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TechnologyTechCrunch ·

EliseAI raises $350M in new funding, valuation doubles to $4 billion

EliseAI, a startup backed by venture capital firm Andreessen Horowitz (a16z), has raised $350 million in a new funding round. The raise has doubled the company's valuation to $4 billion. This marks a significant jump in the company's worth within the span of just one year. The funding round highlights continued investor confidence in EliseAI's business and growth trajectory.

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TechnologyThe Verge ·

Dutch Police Arrest Suspected ShinyHunters Leader in Amsterdam

Dutch police arrested a 24-year-old Amsterdam man on September 15th in connection with the ShinyHunters hacking group. The group is linked to high-profile cyberattacks on Ticketmaster, Rockstar Games, and allegedly the FBI. The arrest came just days before ShinyHunters claimed to have breached the FBI's website and stolen employee data. Krebs on Security and Reuters identified the suspect as Pepijn van der Stap, a Dutch national with a prior conviction for data theft and extortion. Neither Dutch authorities nor the FBI have officially named the suspect.

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TechnologyThe Verge ·

Grokipedia Resumes Updates After Months-Long Pause, Powered by Grok AI

Grokipedia, the AI-driven online encyclopedia launched by xAI, has resumed updating its articles after a hiatus that lasted several months. The platform had reportedly stopped reviewing edits since April, according to a Lawfare report published in August. Recent activity on the site's live updates page shows new changes being made, though many entries currently display only a generic note to recheck references and sources. Pages for notable figures, including former President Barack Obama and Elon Musk, now show recent fact-checking timestamps attributed to the Grok AI system.

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TechnologyTechCrunch ·

Tesla arranges $30B credit facility to fund Cybercab and Optimus expansion

Tesla has secured $30 billion in new credit lines as it prepares to scale production of its Cybercab robotaxi and Optimus humanoid robot. The company has stated it does not plan to draw on these debt facilities during the current year. Tesla has already committed to at least $25 billion in capital expenditures for the near term. The credit lines appear intended to provide financial flexibility as the company pursues its ambitious next-generation product rollout.

NASA has a Dragon dilemma, and there appear to be no good answers · ShortSingh