A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom
A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom The investment comes as Pronto scales to 26,000 daily bookings and the market heads toward a potential $18 billion…
Barry Diller trusts Sam Altman. But ‘trust is irrelevant’ as AGI nears, he says.
Barry Diller trusts Sam Altman. But ‘trust is irrelevant’ as AGI nears, he says. Barry Diller defended OpenAI CEO Sam Altman, while warning that AGI remains an unpredictable force needing…
Snap says its $400M deal with Perplexity ‘amicably ended’
Snap says its $400M deal with Perplexity ‘amicably ended’ The deal, announced last November, would have seen Perplexity's AI search engine integrated directly into Snapchat. The deal, announced last November,…
Is xAI a neocloud now?
Is xAI a neocloud now? xAI's real business may be more about building data centers than training AI models. xAI's real business may be more about building data centers than…
Insurance startup Corgi hits $1.3B valuation 4 months after its Series A
Insurance startup Corgi hits $1.3B valuation 4 months after its Series A Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion.…
Microsoft’s AI data center push is colliding with its clean power goals
Microsoft’s AI data center push is colliding with its clean power goals The push for new data centers at Microsoft is putting one of the its key clean power goals…
Robinhood’s venture fund IPO attracted 150,000+ retail investors, CEO says
Robinhood’s venture fund IPO attracted 150,000+ retail investors, CEO says Robinhood CEO Vlad Tenev says more than 150,000 retail investors joined the fintech’s new venture fund, which offers exposure to…
How Elon Musk left OpenAI, according to Greg Brockman
How Elon Musk left OpenAI, according to Greg Brockman Cutthroat negotiations between startup founders are rarely shared so publicly, especially when a company becomes as world-changing as OpenAI. Cutthroat negotiations…
DOJ says ransomware gang tapped into Russian government databases
DOJ says ransomware gang tapped into Russian government databases U.S. prosecutors said a ransomware gang fueled Russian government corruption, and allowed the gang's leaders to avoid paying taxes and dodge…
AI evaluation startup Braintrust confirms breach, tells every customer to rotate sensitive keys
AI evaluation startup Braintrust confirms breach, tells every customer to rotate sensitive keys Braintrust, a startup that makes an “operating system for engineers building AI software,” notified customers that hackers…