TechCrunch Host
speaker
5,755 appearances
109 recordings
1 series
first heard Mar 2026
last heard 17 Aug
TechCrunch Host’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 109 in all, peaking in Jul 2026 with 23.
Appearances
Recursive's emphasis on self-improving AI systems means much of the budget that would traditionally go towards headcount and operations is put straight into compute, as the company seeks to automate its own product development process.
Socher said, for us, it's less about headcount and more about agent count.
There's no investment component to Amazon's involvement, in contrast to major labs' habit of hybrid investment arrangements, but the sheer scale of the commitment allows AWS to commit significant resources to supporting Recursive's unique needs, which may help to draw in other foundation-level AI companies going forward.
Jason Bennett, VP for Startups and Venture Capital at AWS, said part of the agreement is that we're going to co-develop infrastructure purpose-built for these types of companies.
Recursive self-improvement, or RSI, has long been seen as an inflection point for AI, with some expecting an explosion of progress once AI can be improved without human involvement.
But as more labs and companies pursue the idea, the specific requirements have become ambiguous, with some predicting an imminent breakthrough while others characterize self-improvement as more of a continuum.
But in Recursive's case, the goal is to use the powers of RSI to develop actual products, and Socher expects to be releasing the earliest examples before the end of the year.
He said, We are excited to build, like, really amazing products that people can use, and you will see those within a few months, not within a few quarters or years.
In October or so, you'll see some actually tangible, useful things that you will be able to play around with.
PayPal is seemingly still open to Stripe's $53.4 billion takeover bid, just not at the price that Stripe offered.
On the company's Q2 2026 earnings call on Tuesday, PayPal CEO Enrique Lores did not fully shut down the idea of a deal, saying the company would consider a path that created superior value for its shareholders.
While that's not the same as saying PayPal's not for sale, it still suggests the company does not believe Stripe and Advent International's current offer of $60.50 per share values it correctly, especially after the company reported better than expected profit and revenue.
and said it had made progress on its turnaround strategy.
An analysis from financial services firm Cantor valued PayPal at closer to $70 per share.
The company's shares are currently trading at around $58.
PayPal reported adjusted profit of $1.38 per share, beating expectations of $1.28 per share.
Revenue was up 5% year-over-year to $8.68 billion, above estimates of $8.47 billion.
An adjusted free cash flow of $1.8 billion gives the company room to continue investing in its products and strategy.
that does not mean PayPal would walk away from a takeover bid.
While Loris did not directly address Stripe's offer, saying PayPal does not comment on potential mergers or market speculation, he did acknowledge that a viable M&A bid would not be dismissed outright.
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