Conviction GP Mike Vernal argues that AI is erasing the switching costs and network effects that traditionally protected software businesses, and that software will split apart like newspapers did. Ve…
Instinct, an invite-only AI personal assistant from Spear Street Technology led by former Sierra research scientist Noah Shinn, drew both praise and alarm from early testers after it sent an email on …
Instinct, a San Francisco-based AI agent startup founded by former Sierra researcher Noah Shinn, has raised at least $350 million in multiple rounds over the past few months, with its valuation soarin…
Noah Shinn's AI assistant startup Instinct is in talks to raise at least $200 million at a valuation above $2.5 billion, according to Forbes, four months after the former Sierra researcher founded the…
Sarah Guo's venture firm Conviction has raised close to $1 billion across three funds to bet that the largest AI labs will not capture all the value, even as Anthropic, OpenAI, xAI, and Waymo absorbed…
Trajectory, a San Francisco-based AI lab focused on continual learning, has reportedly raised funding from Sequoia Capital at a $300 million valuation, according to The Information, though the claim i…
Valar Atomics Inc. raised $1 billion in a Series B funding round led by Sequoia Capital to mass produce small modular nuclear reactors for the AI industry, with an additional $200 million credit facil…
Intelligence, the San Francisco-based maker of DesignArena, raised a $7.9 million seed round led by Index Ventures, according to co-founder and CEO Grace Li. The startup, which uses human rankings fro…
DesignArena, an AI tool that uses human feedback to rank AI-generated media, has raised $7.9 million in a seed round led by Index Ventures, with participation from Conviction, A*, Valkyrie, and others…
Valar Atomics has closed a $1 billion Series B led by Sequoia Capital, with an additional $200 million credit facility, to mass-produce nuclear reactors. The company, which reached criticality with it…
Onyx Security, a two-year-old startup with offices in Tel Aviv and New York, raised $113 million in a Series B round led by Bessemer Venture Partners on July 29, reaching a $640 million valuation. The…
Onyx Security raised $113 million in Series B funding on July 29, led by Bessemer Venture Partners, to build a control plane for AI agents in corporate systems. The round, which values the company at …
NVIDIA Jetson, a platform for edge AI and robotics, is compact enough to fit in a handbag yet powerful enough to run frontier AI models, as demonstrated by venture capitalist Sarah Guo. The Jetson Ori…
Enigma emerged from stealth on July 27th with a $71 million seed round led by Index Ventures and Ribbit Capital, and opened 100 real robots to browser control via Robots.online. The company, founded b…
Sarah Guo, who became Greylock's youngest general partner at 28 and left four years later to found Conviction, staked her firm entirely on AI before ChatGPT launched, with pre-ChatGPT seed checks into…
Sunday Robotics unveiled ACT-2, a new AI model powering its Memo home robot that folds laundry successfully more than 99% of the time in unfamiliar homes on garments it has never seen before. The Bay …
Baseten, an AI inference infrastructure startup, is closing a $1.5 billion funding round that values the company at up to $13 billion, tripling its valuation in six months. The round is co-led by Alti…
Baseten is finalizing a $1.5bn funding round that values the company at up to $13bn, more than doubling its valuation from January. The San Francisco startup provides software and computing capacity f…
Venture capitalist Sarah Guo left Greylock and launched Conviction in October 2022 with a $101 million inaugural fund. Guo backed infrastructure startup Baseten early with a $1.5 million check and co-…