TechCrunch Top 3

OpenAI is reportedly preparing legal action against Apple; it wouldn't be the first partner to feel burned: According to Bloomberg, OpenAI has enlisted an outside law firm to work through its options. Read More

Clawdmeter turns your Claude Code usage stats into a tiny desktop dashboard: A new open source gadget called Clawdmeter turns Claude Code usage stats into a tiny desktop dashboard for AI coding power users. Read More

Elon Musk's SpaceXAI has been bleeding staff since its merger: More than 50 employees have reportedly left Elon Musk’s newly merged SpaceXAI since February, raising questions about burnout, leadership changes, talent poaching, and whether liquidity events weakened retention incentives. Read More

A message from Alumni Ventures

StrictlyVC Exclusive: You Could Be an Investor in High-Potential Startups Like These

Don’t miss out! This week only, Alumni Ventures is offering readers early access to high-potential startup opportunities, including some of today’s most exciting AI, Deep Tech, Quantum Computing, Cybersecurity, and Space companies co-invested alongside top VC firms like Andreessen Horowitz (a16z), Sequoia, & Y Combinator.

You get:

Curated deal flow of high-potential startups
AV is already investing alongside elite lead venture firms in these deals
No cost to see deals
No obligation to invest

Don’t miss your chance before access closes.

Join Alumni Ventures Syndicate Today →

Afternoon Must-Reads

Khosla Ventures is betting $10M on Ian Crosby, whose first startup, Bench, imploded: Crosby is building Synthetic, a fully autonomous AI bookkeeping service for other startups. Read More

How to turn off Instagram's new Instants feature and retract photos you accidentally shared: While the Meta-owned social network billed Instants as a new format to share real-life moments as they’re happening, many users are looking for a way to turn off the feature, especially those who have accidentally sent images to others, not fully understanding how the feature works. Read More

Spotify to adopt Apple’s new video podcast tech, offering creators easier cross-platform distribution: Spotify will let creators distribute and monetize video podcasts on Apple Podcasts using Apple’s HLS streaming technology, without changing their existing workflows. Read More

Cerebras raises $5.5B, then stock pops $108%, in the first huge tech IPO of 2026: A year ago, it looked like this day would never happen for Cerebras. Read More

Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue': This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth. Read More

Last but Not Least

OpenAI says hackers stole some data after latest code security issue: OpenAI said the damage was limited to the employees’ devices and did not affect user data nor its production systems, and none of its intellectual property was stolen. Read More