Ridesharing IPOs and $850M for Luckin, Plaid and Zymergen

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Hello and welcome back toEquity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had the regular crew back together which was good fun. Connie took point, we had Danny mic’dup in New York, and I was onsite to help the crew natter along with BubbaMurarka, a former VC and founder who now cuts checks on his own. Thematically, this was a week of mega rounds so we had little choice but to go over more than a few.

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OpenAI will start watermarking ChatGPT’s text in the EU; plus, Lucid Motors’ EV output falls to lowest level in almost 2 years

Federal judge calls Flock ‘indiscriminate mass surveillance’; plus, Amazon responds to data center backlash

Musk’s AI chatbot Grok reportedly encouraged Trump to capture Venezuela’s president; plus, Opus 5.5 loves to tell you ‘this matters’

Hackers stole millions of US military personnel records during months-long data breach; BMW built the same car for gas and electric. The EV is cheaper

OpenAI takes on Microsoft with the launch of what feels a whole lot like ChatGPT’s own office suite

Nvidia launches new platform for reining in rogue AI agents; plus, the AI boom took over Climate Week and not everyone is happy about it

Unsecured OpenAI agents posted 53 user images on the internet without the lab’s knowledge; plus, Meta opens early access, and Insurers claim AI is already increasing healthcare costs

Muse Charm is tapping into a trend; Australia to investigate if OpenAI hack

Even Americans who use AI every day are worried about it

Meta admits Muse’s likeness to OpenClaw isn’t a coincidence; plus, Qualcomm launches two new smartphone chips with emphasis on AI