36,000 people pledged $23M to buy Spirit Airlines over a weekend, but can TikTok crowdfunding actually save the world’s most complained-about airline?

Our Equity podcast breaks down the money vs. the meme and more of the week’s biggest deals:

Everyone wants a piece of the enterprise AI pie, and this week, we saw a string of companies making their moves. From Anthropic and OpenAI announcing new joint ventures targeting enterprise AI deployment to SAP dropping $1B on German AI startup Prior Labs, it’s becoming clear that if you’re a startup building enterprise tools, you’re likely an acquisition target.

On this episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into the week’s enterprise AI deals, the xAI-Anthropic compute arrangement, and what it all means ahead of what could be a big IPO season.

Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

Chapters:

00:00 Intro

00:31 Spirit Airlines & the crowdfunded “people’s airline”

03:25 xAI x Anthropic deal: is xAI becoming a NEO cloud?

13:47 Haun Ventures & a16z’s crypto comeback

17:48 Aurora Innovation lands a commercial trucking contract

19:27 A big week for enterprise AI: who’s actually making money?

26:45 The Pentagon’s AI spending spree

31:04 Outro

Self-driving has been “almost here” for over a decade. But somewhere between DARPA challenges and a handful of driverless trucks hauling freight between Dallas and Houston, Aurora co-founder and CEO Chris Urmson’s story changed. The self-driving truck company started commercial driverless operations last April and is now scaling from a handful of trucks to hundreds this year.

On this episode of TechCrunch’s Equity podcast, we’re bringing you a conversation Rebecca Bellan had with Urmson at the HumanX conference in San Francisco. The pair dug into the long road from lab to highway and how physical AI differs from the LLM boom everyone else is chasing.

Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

Chapters:

00:00 Intro

00:49 Urmson’s self-driving journey from DARPA to Aurora

03:30 How macro headwinds and supply constraints are shaping Aurora’s roadmap

06:08 Why trucking beats robotaxis as a business

13:46 How Aurora’s path diverged from Waymo’s

18:09 What 24 years in physical AI teaches you about building a startup

19:33 Why safety hits different when there’s no human in the loop

23:38 Verifiable AI vs. end-to-end systems: why it matters for safety

27:11 Other autonomy companies worth watching

29:04 Real-world data vs. simulation: do you still need both?

30:03 Outro