Happy Thursday, Crunchers!
An agreement among a group of the nation’s largest banks to deposit some $30 billion with First Republic Bank could save its bacon, Christinereports. Over on TC+, Rambreaks down everything you need to get caught up on the SVB crisis.
Meanwhile, Annie and Tage contemplate the broader implications of SVB being in hot water, reporting how it forces African startups to rethink their banking options.
The TechCrunch Top 3
No. 1: The SVB Crash
The collapse of Silicon Valley Bank is affecting everyone, even robots. Brian spoke with some founders and investors to make sense out of how the Silicon Valley Bank collapse will affect the robotics industry.
No. 2: Microsoft Unveils AI-Powered Productivity Suite
Microsoft has unveiled Microsoft 365 Copilot, a suite of productivity and enterprise apps that are full of artificial intelligence-powered goodies. Kyle has more on this exciting new development.
No. 3: Virgin Orbit Conducts Search for Cash
Virgin Orbit is pressing pause to conduct a search for cash. Devin reports on the latest news from this space company.
More News
- Top robotics founders and investors weigh in on how SVB collapse will affect industry
- Microsoft unveils AI-powered productivity suite, Microsoft 365 Copilot
- Virgin Orbit pauses operations to search for new funding
Startups Weekly
Startups are the core of TechCrunch, so get our best coverage delivered weekly.
Most Popular Articles
- Duolingo sees 216% spike in US users learning Chinese amid TikTok ban and move to RedNote
- Tesla to split $100M award for electric truck charging corridor in Illinois
- Bluesky is getting its own photo-sharing app, Flashes
- Colossal Biosciences raises $200M at $10.2B valuation to bring back woolly mammoths
Related Articles
- Failed fintech startup Bench racked up over $65 million in debt, documents reveal
- AI Apple pauses AI notification summaries for news after generating false alerts
- Goldman Sachs’ David Solomon tells startups to reconsider going public
Newsletter Selection
Subscribe to TechCrunch Daily News, our most popular newsletter, which delivers the industry’s biggest tech news every weekday and Sunday.
By submitting your email, you agree to our Terms and Privacy Notice.