Tech
Blue Origin’s New Glenn rocket explodes during testing in Florida
Blue Origin’s New Glenn mega-rocket just exploded during testing at a launch site in Cape Canaveral, Florida, according to livestreams from NASASpaceFlight.com and SpaceFlight Now. Blue Origin later confirmed the explosion.
Jeff Bezos’ space company was performing a static fire test ahead of an anticipated fourth launch of the new rocket in the coming weeks, which was supposed to carry Amazon Leo internet satellites to space. That means the rocket was likely fully fueled, contributing to what is one of the largest rocket explosions in U.S. history and the worst failure in Blue Origin’s existence.
Blue Origin said in an X post Thursday evening that “[a]ll personnel have been accounted for,” and Bezos wrote that they were “safe.” The company didn’t say what went wrong, only that an “anomaly” occurred.
“It’s too early to know the root cause but we’re already working to find it. Very rough day, but we’ll rebuild whatever needs rebuilding and get back to flying. It’s worth it,” Bezos wrote.
NASA Administrator Jared Isaacman said in a post late Thursday that the agency will “work with our partners to support a thorough investigation of this anomaly, assess near-term mission impacts, and get back to launching rockets.”
In a statement, the Federal Aviation Administration (FAA) told TechCrunch it was aware of the explosion and said there was “no impact to air traffic.” NASA and the Space Force did not immediately respond to requests for comment.
The explosion likely means Blue Origin will have to pause the New Glenn rocket program for an extended period of time while it works through what went wrong. Blue Origin had been planning to attempt as many as 12 launches of New Glenn this year, after the company spent around a decade developing it in an attempt to compete with Elon Musk’s SpaceX.
The company is also supposed to help power NASA’s Artemis missions to the moon, with the agency highlighting Blue Origin’s expected role in that program earlier this week. Isaacman said Thursday that NASA will “provide any impacts to the Artemis and Moon Base programs as it becomes available.”
Blue Origin has been aiming to launch national security missions for the Pentagon as well.
“Most unfortunate. Rockets are hard,” Elon Musk wrote on X shortly after the explosion. “I hope you recover quickly.”
The explosion comes just a few weeks after Blue Origin’s New Glenn rocket flew for the third time ever. That mission suffered its own failure when the New Glenn upper stage failed to put an AST SpaceMobile satellite into orbit, causing a total loss of the mission. Just last week, the FAA cleared New Glenn to fly again after Blue Origin completed an investigation into the cause of the failure.
A very new, late rocket
Blue Origin has spent years developing New Glenn while it used its New Shepard program to test out smaller-scale sub-orbital rockets. While New Shepard has ferried a fairly regular cadence of wealthy people and celebrities (along with some science missions) to the edge of space, Blue Origin was constantly working in the background to develop a rocket that could put real commercial payloads like large satellites into orbit.
That work took a long time — longer than Blue Origin had anticipated — but finally came to a head in January 2025, when the company flew New Glenn for the first time.
New Glenn appeared to be a fairly successful rocket right off the bat. It reached orbit during that first flight, though the booster stage exploded before Blue Origin could attempt to land it on a drone ship in the ocean.
Blue Origin was even more successful with New Glenn’s second flight, though, in November 2025. During that mission the company launched twin spacecraft to Mars for NASA. Blue Origin also landed its first booster stage during New Glenn’s second mission.
That allowed the company to re-fly the booster on New Glenn’s third mission, showing not only the ability to recover the first stage, but refurbish it for re-use — a critical step in reducing the overall cost of operating a launch business.
The re-used rocket booster had no problems flying again, and even landed a second time on one of Blue Origin’s drone ships, during New Glenn’s third mission in April 2026. But the company experienced a cryogenic failure in the upper stage during mission three, which led to the loss of the satellite.
This upcoming fourth mission was supposed to be the first of 24 launches for which Amazon has contracted Blue Origin. Amazon is currently building out a competitor to SpaceX’s Starlink satellite internet network, which it calls Leo. On Wednesday, Amazon touted its ability to rely on Blue Origin to build the network, calling New Glenn a “reusable, heavy-lift rocket.”
Amazon confirmed to TechCrunch late Thursday that no Leo satellites were on board for this test.
Late Thursday, Congressman Mike Haridopolos (R-FL), who represents the district that is home to Cape Canaveral, wrote on X that he had spoken with NASA administrator Jared Isaacman about the explosion.
“I am grateful there were no reported injuries and thankful for the first responders, engineers, and launch crews who acted quickly. Praying for Florida’s Space Coast and everyone involved,” he said.
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Tech
Anthropic releases Opus 4.8 with new ‘dynamic workflow’ tool
On Thursday, Anthropic released Opus 4.8, the newest version of its most advanced publicly available model. The model is available everywhere, with standard pricing at the same level as the previous Opus release.
The new model comes just 41 days after Opus 4.7 was released, a much faster upgrade cycle than normal for Anthropic. (The most recent Sonnet and Haiku models are three and seven months old, respectively.) The fast turnaround may have something to do with the chilly reception to Opus 4.7, which some users found disappointing.
That interval has also seen significant new releases for OpenAI’s Codex and Google’s Gemini Flash model, increasing the pressure on Anthropic to keep pace.
Opus 4.8 comes with the expected best-in-class benchmark results, but there’s also particular attention to how the model manages bad or uncertain data. In the launch post, Anthropic’s early testers found that the new model is “more likely to flag uncertainties about its work and less likely to make unsupported claims.”
Echoing this point, a testimonial from Bridgewater associates said the biggest difference in the upgrade was “Opus 4.8’s tendency to proactively flag issues with the inputs and outputs of an analysis, something other models routinely missed and left to the users to catch.”
Together with the new model, Anthropic launched a feature called Dynamic Workflows, which will be available in research preview. The system is designed to help larger models like Opus manage complex tasks across hundreds of parallel subagents.
“Claude Code alongside Opus 4.8 can now carry out codebase-scale migrations across hundreds of thousands of lines of code from kickoff to merge, with the existing test suite as its bar,” the post explains.
Anthropic is still holding back its most advanced Mythos model after a tentative preview last month raised cybersecurity concerns. However, the company hinted in today’s Opus release that the Mythos preview period might soon end, once necessary safeguards are complete.
“We’re making swift progress on developing these safeguards and expect to be able to bring Mythos-class models to all our customers in the coming weeks,” the company wrote.
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Tech
Corgi announces $106M raise at $2.6B valuation — double what it was worth 3 weeks ago
Insurance tech Corgi on Thursday announced a $106 million Series B1 raise, valuing the company at $2.6 billion, just three weeks after announcing a $160 million Series B at a $1.3 billion valuation and four months after its $108 million Series A. The company offers insurance, working specifically with startups in areas like tech, cyber, and general liability; it counts Deel and Artisan among its customers.
Even in the current go-go dealmaking environment, that sequencing is remarkable. While startups raising back-to-back rounds at steep step-ups have become almost routine, a company whose valuation doubles in three weeks is unusual enough to raise questions, particularly given the investor set in both rounds is the same.
Asked what material event justified that kind of jump in such a short window, investor Kanyi Maqubela of Kindred Ventures cited the company’s momentum. It’s an explanation may satisfy some, but the practice more generally is starting to attract scrutiny in LP circles. “There’s growing distrust of internal markups,” said one LP who backs numerous venture funds and asked not to be named. Said this person of exit mechanisms specifically, “[I]f a company [is] just getting re-priced upward with no real liquidity event, LPs notice.”
The specific concern is that a fund that invests at one valuation, then marks it up three weeks later can make portfolio performance look stronger on paper than the underlying business may justify.
In this case, Maqubela suggested, that’s not an issue for Kindred’s limited partners, nor for Corgi’s other investors, which include Prime Capital, Leblon Capital, Alumni Ventures, and Y Combinator.
“LPs really like exits above all,” Maqubela said in a message to TechCrunch. “They discount the value of markups since those aren’t always reflective of reality.” He added that in this case, revenue growth rationalized the new round.
Founded in 2024 by Emily Yuan and Nico Laqua, Corgi says it’s building coverage for what it calls “newer categories” of risk while also addressing an often underserved market among legacy insurance carriers — startups and the unique liability problems they face, including those related to AI.
“Corgi covers anything from when an AI system causes financial loss, misinformation, operational failures, or compliance issues,” Laqua told TechCrunch. “Many legacy policies either exclude these risks or handle them ambiguously.
Corgi is not alone in the insurtech market; Vouch, which is backed by Y Combinator, operates in a similar space.
When asked about the back-to-back rounds, Laqua said that insurance is a “highly capital-intensive industry,” and that “demand has accelerated quickly across new product lines and partnerships.” Building an AI-native platform compounds those costs further.
“We’re best known for our business insurance products, but the additional capital will be used to expand into new insurance categories, scale the AI underwriting platform, grow embedded distribution partnerships, and continue growing our team,” Laqua said.
Corgi has now raised $378 million in total funding from its investors.
Correction: The title of this headline originally misstated the valuation due to an editing error.
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Tech
Startup Battlefield 200 application deadline extended to June 8 after overwhelming demand
Founders, the battlefield is still open, but not for much longer.
After overwhelming demand from founders around the world, TechCrunch has extended the Startup Battlefield 200 application deadline to June 8. If you thought you missed your opportunity to pitch live on the Disrupt Stage in October at San Francisco’s Moscone West, this is your final chance to step into one of tech’s most competitive startup arenas.
Nominate a standout startup or submit your application before the deadline.
What is Startup Battlefield 200?
Startup Battlefield 200 is where ambitious early-stage startups go from unknown to impossible to ignore. Selected founders will take the spotlight at TechCrunch Disrupt 2026, pitching live in front of elite investors, influential media, and the global startup ecosystem. One startup will walk away with $100,000 in equity-free funding, but every company selected gains visibility that can reshape its trajectory.
More than 1,700 startups have participated in Startup Battlefield over the years. Together, they’ve raised more than $32 billion and produced over 250 exits, including acquisitions by companies like Microsoft, Google, Salesforce, Uber, and Amazon.
This is the same competition that helped launch companies like Dropbox, Discord, Mint, Fitbit, and Trello. More than 1,500 startups have competed in Startup Battlefield, and many have gone on to become category-defining businesses.
Why founders are still racing to apply
Competition for Startup Battlefield 200 has intensified as founders look for ways to stand out in a crowded fundraising environment. The extension gives more startups the opportunity to enter, but expectations are higher than ever.
Selected startups receive:
- A free exhibit table for all three days of Disrupt.
- Four complimentary Disrupt passes.
- Branding and visibility inside the Disrupt event app.
- Press exposure and lead-generation opportunities.
- Access to founder-only masterclasses.
- The opportunity to pitch live on the Disrupt Stage.
- Direct feedback from leading venture capitalists.
- A chance to win $100,000 in equity-free funding.
Who should apply
TechCrunch is looking for bold early-stage startups with a working MVP and a vision capable of disrupting an industry. Bootstrapped, pre-seed, and seed-stage startups are encouraged to apply. Select Series A startups in capital-intensive sectors may also qualify.
If you are building something category-changing, this is your chance to prove it on one of the biggest stages in tech.
The clock is still ticking
The deadline extension was driven by overwhelming demand, but the battlefield will not stay open forever. Thousands of startups are competing for a limited number of spots, and every application is reviewed closely by the TechCrunch team.
This is your opportunity to get in front of investors, customers, media, and future partners all in one place. Nominate or apply before June 8 and fight for your place among the next generation of breakout startups.
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