November 04, 2026

TechCrunch Top 3

Canva lays off over 1,200 people amid slowing growth: Canva is cutting 22% of its staff as it faces its 'hardest year' yet. Read More

TechCrunch Founder Summit 2026: Doors open at 9 a.m. ET in Boston: Today is the day to join TechCrunch Founder Summit 2026 in Boston's SoWa Power Station. Register now to join this founder-focused conference today. Read More

AI inference startup Fal doubles its valuation to $16B as demand surges: The five-year-old startup raised a $1.3 billion round led by Bessemer. Read More

A message from NVIDIA and Microsoft

Explore NVIDIA events at Microsoft Ignite.

Take advantage of all NVIDIA has to offer at Microsoft Ignite, in San Francisco and online November 17–20. With booth sessions and hands-on demos, exclusive networking and meeting opportunities, and a host of practical labs and panels, NVIDIA is your comprehensive destination for learning, connecting, and accelerating the AI experience.

A graphic for TechCrunch Founder Summit's 25% off discount

Go Beyond the Bay Area, Join Us at Founder Summit

At TechCrunch Founder Summit on November 4 in Boston, you can deepen your expertise on hiring, product market fit, pitching, founder leadership, and much more in a dynamic, intimate environment. Get ahead of the competition and show the world what the East Coast can build with a 25% discount using the code Daily25.

Morning Must-Reads

Hiding inside Palantir's skyrocketing quarter is a foreboding signal: Palantir's U.S. commercial revenue surpassed U.S. government revenue for the first time ever. Read More

Data centers are turning to old jet engines as the wait for power grows: The years-long wait for access to the grid and new turbines is causing data center builders to turn to an unusual, less-efficient and less environmentally friendly solution: once-discarded jet engines. Read More

Titan OS raises $46 million to expand its smart TV OS internationally: Titan OS has raised $110 million in funding to date Read More

Reddit tests ads in search results as traffic declines and growth concerns mount: The new ad placements could help Reddit squeeze more revenue from existing users as Google's AI search changes how people discover its content. Read More

Anthropic is working on a system to prove AI models' identity: Called FlashProve, the system would let anyone check that an AI response really came from the model it claims to be from. Read More

Last but Not Least

India's EloElo nabs $80M from NBCUniversal to bet on the country's rising microdrama market: StoryTV has more than 33 million monthly active users according to Sensor Tower figures Read More

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