Flow, Adam Neumann’s co-living startup, opened a compound with 238 apartments in Saudi Arabia’s capital, Riyadh, and Forbes has some details. The opening included an Aztec-themed hot chocolate ceremony and tote bags with the words “holy s— I’m alive” on them. The rent for the furnished units starts at $3,500 a month and includes hotel-style services such as laundry and housekeeping and amenities like pools, co-ed gyms (unusual in Saudi Arabia), and bowling alleys. Flow is building three other properties with nearly 1,000 apartments in Riyadh.
The company’s first but less luxurious properties were opened in Fort Lauderdale and Miami in April.
Flow raised $350 million from Andreessen Horowitz in 2022. The funding raised eyebrows given the problematic history of Neumann’s previous startup, WeWork. Once valued at $47 billion, WeWork filed for bankruptcy protection last year and was ultimately acquired by Yardi, a real estate group, for $450 million.
Elon Musk, the CEO of X and various other companies with the letter “X” in their names, is in regulators’ crosshairs after skipping testimony this month in an investigation related…
Flow, Adam Neumann’s co-living startup, opened a compound with 238 apartments in Saudi Arabia’s capital, Riyadh, and Forbes has some details. The opening included an Aztec-themed hot chocolate ceremony and…
X went back online in Brazil earlier this week, three weeks after Elon Musk’s platform was blocked under orders from Brazil’s Supreme Court. That prompted Brazil’s top court to fine…
Cards Against Humanity (CAH) is suing Elon Musk’s space exploration company, SpaceX, for $15 million after it allegedly dumped construction equipment all over the game company’s private land in Texas. …
Black Forest Labs, an image GenAI startup that only came out of stealth two months ago, has closed a a monster new round, sources say.
We’ve poked through the many product announcements made by the biggest tech companies and product trade shows of the year, so far, and compiled them into this list.
This tranche of funding went to startups across 14 states, but there were certain winners that will see the bulk of the expected 18,000 jobs to be created as a…
The iPhone 16 officially goes on sale Friday. But for its earliest adopters, it arrives with a fundamental compromise baked into the deal. Put simply, this is not the iPhone…
Sandvine sold its internet surveillance products to authoritarian regimes, including Belarus, Egypt, Eritrea, the United Arab Emirates, and Uzbekistan.
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Keep the energy of TechCrunch Disrupt 2024 alive and leverage your brand by hosting an after-hours Side Event. Act fast — today is your last chance to apply! Showcase your…
If you’re not using the beta version of Apple Intelligence, here’s when you can expect to get the new features.
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According to Tumblr, in the days since the X ban in Brazil, the site saw 222.99% growth in communities and 349.55% growth in users.
The U.K.’s data protection watchdog has confirmed that Microsoft-owned LinkedIn has stopped processing user data for AI model training for now. Stephen Almond, executive director of regulatory risk for the…
As the startup landscape evolves, so do hiring strategies. With Big Tech downsizing and the labor market tightening, founders must navigate a conservative job market to attract and retain top…
We’ve rebooted regular ticket prices for TechCrunch Disrupt 2024, giving you one last chance to save big before the event. Enjoy up to $600 off individual tickets until September 27.…
Sitting in Athens during the first COVID-19 lockdown, entrepreneur Rania Lamprou watched online e-commerce exploding because of social distancing. But merchants still struggled with low conversion rates because their checkout…
The data centers that train the large language models behind AI consume unimaginable amounts of energy, and the stakes are high for big tech companies to ensure they have enough…
Belfius is leading Alan’s Series F funding round of €173 million (around $193 million at current exchange rates).
An Indian edtech startup has secured $210 million in fresh financing amid a tough funding environment for edtech companies in the country.
Attendees of the giant, annual Dreamforce conference in San Francisco love being the butt of the joke. Last year, Seth Meyers entertained them during a 40-minute set that poked fun…
Indian filmmaker Ram Gopal Varma is ditching human musicians for artificial intelligence, saying he’ll use only AI-generated tunes in future projects, a move that underscores AI’s growing reach in creative…
California Governor Gavin Newsom is currently considering 38 AI-related bills, including the highly contentious SB 1047, which the state’s legislature sent to his desk for final approval. These bills try…
A New York Times article Thursday highlighted a lucrative side hustle that is emblematic of the times we live in: gaming algorithms to earn money. In this case, folks figured…
This is the chipmaker’s second round of layoffs over the past year, while the company recorded billions in revenue.
