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Welcome to Startups Weekly — your weekly recap of everything you can't miss from the world of startups. Want it in your inbox every Friday? Sign up here. You'd think WWDC would cause a lull in startup news. But not in June, when everyone is eager to announce their latest deals — or eve

A year ago, Bluesky was opening up to the public and was known as one of the many X competitors that emerged after Elon Musk acquired the network formerly known as Twitter. Today, Bluesky’s social network has grown to over 36.5 million users, while the technology it’s built upon —

Hebron Sher remembers daydreaming in 2019 when Elon Musk promised Tesla's cars would become robotaxis, capable of going out in the world to make money for owners. Sher was already a user of the car-sharing platform Turo, and the idea of turning a Tesla into an even bigger moneymaker was an attr

At Y Combinator’s Spring 2025 Demo Day on Wednesday, nearly every presenting startup had something to do with AI — they’re either developing AI agents or creating tools to facilitate their development. Indeed, several founders seem to be taking a page out of the playbook of several

The VC tech world was abuzz on Thursday when neobank Chime successfully became a public company. Chime raised $864 million on its $27 share price, which popped big, opening at $43.  This wasn't the biggest IPO of the year. CoreWeave, for instance, raised $1.5 billion in March, and its fir

Data-labeling company Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion. The startup also said its co-founder and CEO Alexandr Wang is stepping down from his role to join Meta and help the bigger company with it

Data-labeling company Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion. The startup also said its co-founder and CEO Alexandr Wang is stepping down from his role to join Meta and help the bigger company with it

It sounds like the start of a 21st-century horror film: Your browser history has been public all along, and you had no idea. That’s basically what it feels like right now on the new stand-alone Meta AI app, where swathes of people are publishing their ostensibly private conversations with the

Bluesky is missing an opportunity to explain to people that its network is more than just its own Bluesky social app. In recent weeks, a number of headlines and posts have surfaced questioning whether Bluesky’s growth is declining, if the network has become too much of a left-leaning echo ch

Meta is the latest tech company to warm to geothermal energy, announcing on Thursday a deal with startup XGS Energy to develop a 150 megawatt geothermal power plant in New Mexico.  XGS Energy has yet to say where it'll be building the power plant, and Meta wouldn't disclose specifics

Tesla sued a former engineer for allegedly stealing trade secrets from its humanoid robotics program, Optimus, and using them to launch a rival startup. The lawsuit, which was filed on Wednesday and originally reported on by Bloomberg, accuses Zhongjie “Jay” Li of stealing trade secret

Large swaths of the internet went down on Thursday, affecting a range of services, from global cloud platform Cloudflare to popular apps like Spotify. It appears that a Google Cloud outage is at the root of these other service disruptions. Google Cloud said it started investigating service issues

New York-based micromobility startup Infinite Machine has revealed a seated scooter called Olto that will cost $3,495 when it starts shipping later this year. The Olto will feature 40 miles of range, pulled from an easily swappable 48V lithium-ion battery. Infinite Machine says the Olto will have