SpaceX has reportedly filed confidentially for an IPO that could value the company at about $1.75 trillion and raise $75 billion to fund its ambitious plans for Starship, Starlink, and xAI. TechCrunch has more here.

Anthropic is scrambling to contain the fallout after accidentally exposing parts of Claude Code’s underlying instructions, issuing thousands of takedown requests as competitors and developers study its proprietary techniques for turning AI models into coding agents. The Wall Street Journal has more here.

By Julie Bort

The controversy surrounding compliance startup Delve has gone from bad to worse this week. Among the fresh allegations from the anonymous whistleblower known as DeepDelver is the claim that Delve allegedly took an open source tool and passed it off as its own work without proper license attribution to or monetary agreement with the original developer.

The story goes that the Delve team pitched a no-code tool it called Pathways to a prospect. That prospect would later become the whistleblower DeepDelver. DeepDelver recognized that Pathways looked a lot like Sim.ai’s open source agent-building product called SimStudio and asked Delve if it was based on SimStudio. The Delve folks said they built it themselves, the whistleblower contends.

DeepDelver then presented alleged evidence that this tool was actually a fork — a modified copy — of SimStudio, changed just enough to be passed off as Delve’s own. If that proves true, it would be a violation of the Apache software license, which requires the original developer be credited.

DeepDelver calls this “stealing intellectual property,” which is a bit of a stretch, since open source tools are freely available to be used, if they are properly credited. But the irony is hard to miss: Delve, a startup that purports to sell a compliance solution, may have violated a software license.

Sim.ai’s founder and CEO, Emir Karabeg, confirmed to TechCrunch that he answered DeepDelver’s questions about the allegations. He told the whistleblower that Delve had no license agreement with Sim.ai whatsoever.

“We knew they planned to use Sim for something and later tried unsuccessfully to sell them an agreement,” Karabeg told DeepDelver. “I didn’t realize they were going to sell it out of the box as a stand-alone solution.”

Ambrosia Biosciences, a two-year-old Boulder startup that uses oral small-molecule GLP-1 therapies to treat obesity, raised a $100 million Series B round co-led by Blue Owl Healthcare Opportunities, Redmile, and Deep Track Capital, with Janus Henderson Investors and Samsara BioCapital as well as prior backers Boulder Ventures and BVF Partners also participating. More here

Censys, a nine-year-old startup based in Ann Arbor, MI, that offers a continuously updated global map of internet infrastructure so that cybersecurity teams can identify exposed assets and monitor external attack surfaces, raised a $70 million Series D round led by Morgan Stanley Expansion Capital, with Decibel Partners, Greylock Partners, GV, and Intel Capital also taking part. The company has raised a total of $149+ million. SecurityWeek has more here.

Coder, a nine-year-old Austin startup that runs secure cloud development environments for enterprise software teams and AI coding tools, raised a $90 million Series C round led by KKR, with Qube Research & Technologies and Uncork Capital also contributing. More here.

Cognichip, a two-year-old startup based in Redwood City, CA, that is building a deep learning model to help engineers design computer chips, raised a $60 million round led by Seligman Ventures, with Intel CEO Lip-Bu Tan also participating. The company has raised a total of $93 million. TechCrunch has more here.

EPG, a 22-year-old Singapore company that offers prefabricated modular data center systems that integrate power, IT, and cooling for faster deployment, raised a $100 million Series B round co-led by Decarbonization Partners and Alibaba Cloud. Data Center Dynamics has more here.

Sona, a five-year-old London startup that supports frontline businesses with AI tools for scheduling, HR, payroll, and workforce operations, raised a $45 million Series B round led by N47, with previous investors Felicis, Northzone, Gradient, and Italian Founders Fund also digging in. The company has raised a total of $100+ million. SiliconANGLE has more here.

Treeline, a two-year-old San Francisco startup that automates IT, security, and compliance workflows through a centralized platform, raised a $25 million Series A round led by Andreessen Horowitz. More here.

Voltify, a two-year-old Philadelphia and Israeli startup that aims to retrofit diesel locomotives with battery power and charging systems that let them recharge while moving, raised a $30 million seed round co-led by Aleph and Fortescue, with Menomadin, Jimpact, and The Dock also stepping up. The Wall Street Journal has more here.

The Better Money Co., a six-month-old New York startup that operates a stablecoin clearinghouse that lets customers exchange different dollar-backed tokens, raised a $10 million round led by Andreessen Horowitz and including BoxGroup and Sunflower Capital. Fortune has more here.

Kulipa, a three-year-old New York startup that enables fintech companies and digital wallet providers to issue stablecoin-linked payment cards, raised a $6.2 million seed round co-led by Flourish Ventures and 1kx, with previous investors White Star Capital and Fabric Ventures also pitching in. The company has raised a total of $9.2 million. The Block has more here.

Latitude, a one-year-old San Francisco startup that enables businesses to send cross-border payments with near-instant settlement into local bank accounts, raised an $8 million round led by NEA, with Lightspeed Faction, Coinbase Ventures, Paxos, Bitso, and the Solana Foundation also chipping in. Pulse 2.0 has more here.

memQ, a four-year-old Chicago startup that supports distributed quantum computing by connecting quantum systems over optical telecom links, raised a $10 million Series A round co-led by Quantonation and Ocean Azul Partners. More here.

Riplo, a recently founded London startup that enables consultants and AI agents to collaborate across consulting workflows in a shared interface, raised a $3 million pre-seed round led by Cherry Ventures, with Blue Lion Capital also chiming in. EU-Startups has more here.

Rowan, a three-year-old Chicago startup that guides small business owners through selling or transitioning their companies with AI tools and human support, raised a $3.3 million seed round led by DRW, with Motivate Ventures and Mercury Fund also engaging. Pulse 2.0 has more here.

Uniblock, a four-year-old Toronto startup that operates a managed infrastructure layer that routes blockchain applications across hundreds of chains through a single API, raised a $5.2 million round. Investors included SBI, AllianceDAO, CoinSwitch, Blockchain Founders Fund, Hustle Fund, AAF Management, NGC Ventures, Alchemy, and MoonPay. The company has raised a total of $7.5 million. More here.

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Franklin Templeton has agreed to buy 250 Digital, a New York-based crypto investment firm spun out of CoinFund this year that develops digital-asset investment strategies for institutional clients. Terms were not disclosed. The Wall Street Journal has more here.

The market for Chinese AI IPOs has become one of the most volatile corners of Asia’s equity markets, with newly public names like MiniMax and Moore Threads swinging sharply on retail hype even as many remain deeply unprofitable and lightly owned by institutions. Bloomberg has more here.

Jay Blahnik, Apple’s vice president of fitness technologies, is retiring this summer after a tenure shadowed by allegations that he created a toxic workplace culture and sexually harassed an employee. The New York Times has more here.

Global venture investment in AI soared in Q1, with OpenAI, Anthropic, xAI, and Waymo raising 65% of the total amount. TechCrunch has more here.

Investors are reportedly struggling to unload about $600 million of OpenAI shares on the secondary market even as demand for Anthropic stock surges, with buyers lining up billions in capital to chase the rival as its valuation climbs. Bloomberg has more here.

Four London founders built a dating app called Sonder that ditches the swipe-and-match format in favor of mood-board-style profiles and quirky in-person events, betting that people are burned out enough on Hinge and Tinder to try something that feels less like a job interview. TechCrunch has more here.

California VCs can exhale for now — the state agency responsible for enforcing a new law that would have required firms to disclose demographic data about their portfolio company founders suspended the requirement right before the first deadline, citing stakeholder feedback and a need for further rulemaking. Wired has more here.

A Connecticut man who jokingly offered ad space on his two black labs, Stink and Bink, says the response has been so strong that he quit his bartending job, with everyone from political candidates to brands like Booking.com now paying to tape messages to his dogs.

A team of New York-area millennials has become so dominant on the Seinfeld trivia circuit that its members listen to the sitcom while showering, working out, and falling asleep. (Wait – there’s a Seinfeld trivia circuit?!)

A 120-year-old country estate in England’s Cotswolds region has hit the market for $12.6 million, offering 60 acres, a restored 13,600-square-foot main house, guest accommodations, a pool, and equestrian amenities including riding arenas and a dedicated polo field.

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