TechCrunch Top 3

Anduril reportedly in talks to raise funding at $100B valuation, more than 3x last year's mark: Anduril is said to be raising a new round of funding that may push its valuation up to about $100 billion, per Reuters. Read More

US accuses American of allegedly wiping his phone using a 'duress' password during border search: A U.S. citizen has asked a court to throw out the government's claim that he gave over a passcode to border authorities that wiped his phone's data, opening up fresh questions about a person's constitutional rights at the U.S. border. Read More

Anthropic launches Opus 5: Opus 5 will be both cheaper and less restrictive than Fable, likely making it preferable in most use cases. Read More

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Afternoon Must-Reads

Volkswagen engineers charged with insider trading tied to Rivian joint venture: The indictment, which was unsealed Friday, alleges the Volkswagen engineers used confidential insider information to buy stock in Rivian. Read More

Waymo reportedly mulling a breakup with Uber: The contract between the two companies ends in May 2028, Uber told TechCrunch. Read More

Rivian sues the US government for 'full refund' of Trump tariffs: The automaker joins a long line of companies seeking such refunds. In April, Rivian CFO Claire McDonough said she expected the company stood to reap a refund in the "tens of millions of dollars." Read More

Sam Altman's biometric startup World raises $52.5M via crypto sale: Sam Altman's side project — which seeks to scan the world's eyeballs and turn them into unique digital identifiers — has raised some fresh cash through a crypto sale. Read More

Facebook launches a dedicated Marketplace app for sellers, adds a free verification system: Facebook is launching a separate app for people who list and sell items on the platform frequently. Dubbed "Seller," the app lets sellers manage their listings, message buyers, and track the performance of items. Read More

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