Thursday, October 24, 2024

Welcome to TC PM! Today we are checking out Notion's new email product; we dive into the timeline for Tesla's supposed $25,000 car; and we get the details on Anthopic's new coding tool. Let's do it!

TechCrunch Top 3

Image Credits: Notion

📬 You've got mail from Notion: Notion is launching Notion Mail, an email product with a release date of "soon." Notion just launched a calendar tool a few months ago, and both products seem to be the result of Notion acquisitions. Read more

🗣️ Talk is cheap: For years Elon Musk said the company would eventually be able to release a car that costs $25,000. Now he is saying that the only car Tesla will release at that price point is the Cybercab. Sean O'Kane unpacks the $25,000 car timeline. Read more

💾 Running code: Anthropic released a preview of a new tool that allows people to use the chatbot to write and run JavaScript code. The news comes just days after the company launched its desktop product. Read more

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Afternoon must-reads

Image Credits: Cory Green/Yahoo

👀 Demand drops: Turns out the Apple Vision Pro doesn't have a mass market, which I'm sure is the most surprising news you've heard yet today. Apple is reportedly dramatically scaling back its production of the hardware in response. Read more

☀️ More blue skies ahead: Bluesky continues to be on a tear. The decentralized social media company announced a $15 million Series A round today, amid strong user growth. The company said some of the money will go toward building a subscription product. Read more

⏳ Time for a refresh: The U.K. Department for Science, Innovation and Technology launched a new bill that aims to revive some of the data protection measures that didn't pass under the country's prior government. Read more

⚖️ Speaking of the U.K.: Today the U.K.'s Competition and Markets Authority announced that it is launching a formal probe into Alphabet's investment into AI startup Anthropic. This comes three months after the org started inviting "interested parties" for comment. Read more

🚙 What's old is new again: Spirit EV is a startup in the U.K. that is helping other companies build custom EV cars based on classic car designs. The company is eyeing a U.S. expansion for early next year. Read more

🤝 Nontraditional networking: Boardy is a new AI networking startup that has users talk to an AI agent about what they are working on, and then the agent checks Boardy's network to see if anyone can help. The company just raised $3 million. Read more

😎 Staring down Stripe: Fintech Finix has been trying to compete with Stripe for years. The startup officially became a payment processor in 2023, and now the company has raised $75 million. Read more

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Around the web

💸 Run out of runway: German eVTOL startup Lilium is ceasing operations. The company had previously promised that it would be delivering to its customers in two years from now, but the reality is it has run out of money. Read more

🙃 Too much: Palantir has seen its valuation skyrocket on the public market this year, but analysts think it's time to cut the music. They say the company is overvalued, which should serve as a canary in the coal mine for some high-flying AI startups. Read more