TechCrunch Top 3

Travis Kalanick's robotics company raises $1.7B, led by a16z: Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to modernize the world. Read More

How OpenAI’s human mistake led to the AI-powered hack on Hugging Face: OpenAI made a mistake setting up what it called a “highly isolated” testing environment and sandbox. According to cybersecurity experts, that human mistake is what made the AI-powered attack on Hugging Face possible. Read More

Monday.com lays off hundreds to focus on AI: The company said it is reducing its headcount by 20%, or about 630 staff, to "support a leaner, more focused operating model" as it focuses on its AI Work Platform. Read More

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Afternoon Must-Reads

Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips: Tesla's 26% boost in revenue wasn't enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products. Read More

Substack's new tool tells you who's been writing their newsletters with AI: Substack is giving readers a way to estimate how much of a newsletter was written by AI, signaling a broader shift toward transparency around AI-assisted content. Read More

SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown: SoundCloud has acquired decentralized music platform Nina Protocol, months after the startup announced it would shut down. The deal brings Nina’s artists, editorial archive, and music discovery tools to SoundCloud as the company continues expanding its platform for independent musicians. Read More

Google is making it easier to switch from iPhone to Android: The new feature lets users wirelessly transfer more data types from an iPhone without needing to download a separate app. Read More

Glow emerges from stealth at $1.2B valuation to challenge endpoint security in the AI era: Glow is targeting a new class of endpoint risks created by the rapid adoption of AI agents and developer tools inside enterprises. Read More

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Last but Not Least

Social media addiction lawsuit against Meta is dropped: A closely watched social media addiction lawsuit that had been set to go to trial next week has been dropped after the plaintiff voluntarily dismissed his claims against Meta, leaving none of the major tech companies facing trial in the case. Read More