TechCrunch Top 3

The CEO of Allbirds' new AI biz has a plan, but no employees: Call it a startup with a sole founder and a very large seed round, but what's next is less clear. Read More

Snap spins off AI video team into new company, Dotmo, due to costs: The Snapchat maker is spinning off yet another internal unit. Dotmo will be composed of current Snap staff who are leaving the social media company to focus on AI video development. Read More

Telegram ban in India sparks a rush to VPNs, rival apps: Telegram argues India should block specific content, not an entire platform used by millions. Read More

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Morning Must-Reads

OpenAI is bringing on some big guns in the lead-up to its IPO : OpenAI is bulking up before its IPO, landing Transformer co-inventor Noam Shazeer from Google DeepMind and former Trump AI policy official Dean Ball in the same week. Read More

The 11 standout startups from YC's Demo Day, according to VCs: TechCrunch spoke to investors to find the hottest startups in the Spring 2026 YC batch. Some of them commanded valuations of over $175 million, VCs said. Read More

The US says ASML's top chip tool may be in China. ASML says it isn't: There's a commercial logic that cuts against the idea that ASML would risk its export license to arm a Chinese customer. Read More

Rivian owners file lawsuit alleging false promises on self-driving features: Plaintiffs in the class -action complaint allege Rivian falsely promised for years it would bring hands-free driving to its first-generation R1 vehicles. Read More

Amazon hopes to challenge Nvidia more directly by selling its AI chips: AWS is in talks to sell its chips to other data centers. CEO Andy Jassy has said this represents a $50 billion opportunity for the company. Read More

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Last but Not Least

Source: Elastic agrees to buy CRV-backed DeductiveAI for up to $85M: DeductiveAI, a startup that uses AI to catch and resolve bugs in software, was founded just three years ago. Read More