Equity Monday: Another $100M for AI, why not
Here’s the rundown from this morning:
Worries about the Chinese economy dragged down Asian shares this morning; the equity picture was more mixed in Europe and the United States. Meanwhile, why is crypto so slow lately? What happened to price volatility?On the earnings front, we're looking ahead to Monday.com, Getty, Cisco, Bill.com and Palo Alto Networks this week.News that Anthropic is raising another $100 million got us talking about a few other AI rounds that are in the pipeline; the gist is that there is a lot of money flowing around AI startup-land these days.Indian electronics manufacturing is making real strides, Mastercard is buying some African fintech, and the better.com SPAC is a go.It's going to be yet another busy week, so strap in and let's go!
For episode transcripts and more, head to Equity’s Simplecast website.
Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more!
Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.