Thrive Capital, led by Joshua Kushner, raised $2 billion for Thrive Holdings at a $12 billion valuation and agreed with Bob Iger to buy Mark Walter's 80% stake in the Los Angeles Lakers, marking the f…
Prestige venture firms are increasingly securing better prices than other investors in the same funding round through dual valuation deals, a practice that has become pervasive in the current AI-drive…
The Machine Earning AI Summit, scheduled for Sept. 29 in San Francisco, has added Kirsten Green, founder and managing partner of Forerunner Ventures; Katie Haun, founder and CEO of Haun Ventures; and …
Decagon has crossed $100 million in annualized revenue, CEO Jesse Zhang told the company, positioning its AI customer service product against rivals Sierra and Salesforce. Zhang argues that relying on…
Bending Spoons agreed to acquire Airtable at an enterprise value of $1.285 billion, a steep discount to its pandemic-era $11.7 billion valuation, reflecting the tough exit environment for pre-AI SaaS …
Leopold Aschenbrenner's hedge fund Situational Awareness was forced to sell its public stock portfolio to Citadel after margin calls triggered a liquidity crisis, exposing the fragility of leveraged A…
The Cerebral Valley AI Summit will return to San Francisco on Thursday, Nov. 12, featuring speakers Dario Amodei, CEO of Anthropic; Ali Ghodsi, CEO of Databricks; and Nikesh Arora, CEO of Palo Alto Ne…
China's Moonshot AI released the Kimi K3 open-weight model on July 16, approaching the performance of top US models and sparking a policy battle between AI vendors like OpenAI and Anthropic, who seek …
Newcomer will host the Machine Earning AI Summit on Sept. 29 in San Francisco, an invite-only event focused on AI in commerce and finance, featuring speakers including OnePay founder and CEO Omer Isma…
US IPOs have raised $92 billion from venture-backed companies in the first half of 2026, nearing the 2021 annual record of $142.4 billion, but aftermarket performance has lagged, with SpaceX shares cl…
Menlo Ventures, a 50-year-old Silicon Valley venture capital firm, has achieved internal rates of return exceeding 40% on its recent funds after investing approximately $1 billion in AI lab Anthropic,…
Silicon Valley's AI companies are increasingly hiring humanities majors and geopolitics experts to navigate a shifting global landscape, according to a report highlighting the rise of chief geopolitic…
The Bank for International Settlements is amplifying bubble warnings as tech investors face a volatile summer amid sky-high valuations, with Founders Fund's Trae Stephens saying prices are 'untethered…