The man betting everything on AI and Bill Belichick
UNC Chancellor Lee Roberts is making big bets on AI and Bill Belichick, and he sounds like a Silicon Valley CEO while doing it.
The man betting everything on AI and Bill Belichick
UNC Chancellor Lee Roberts is making big bets on AI and Bill Belichick, and he sounds like a Silicon Valley CEO while doing it.
This top VC has bet close to 20% of his fund on teenagers — here’s why
Eventbrite co-founder Kevin Hartz is onto his next thing — teenage founders, not as a social experiment but as an unplanned investment thesis.
Your AI tools run on fracked gas and bulldozed Texas land
If you’re wondering why AI companies are pursuing this path, they’ll tell you it’s not just about electricity – it’s about beating China.
OpenAI has five years to turn $13 billion into $1 trillion
Some of America’s most valuable companies are now leaning on OpenAI to fulfill major contracts, notes the FT.
Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge
Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets a…
Grindr’s owners may take it private after a financial squeeze
Grindr’s majority owners are scrambling to take the LGBTQ+ dating app private after a stock decline triggered a personal financial crisis, according to a report from Semafor.
Oura is winning young women and losing gym rats, and it’s fine with that
Oura’s chief commercial officer doesn’t seem particularly worried about capturing every demographic. Instead, she’s focused on keeping Oura’s core users happy while organically attracting new segments. And young women are becoming part of that core mar…
Strava eyes IPO as Gen Z trades dating apps for running clubs
Strava, the 16-year-old fitness tracking app, is gearing up to go public, the Financial Times reports. CEO Michael Martin told the FT that the San Francisco company plans to list “at some point,” eyeing capital for more acquisitions. The co…
The fixer’s dilemma: Chris Lehane and OpenAI’s impossible mission
The company’s Sora problem is really at the root of everything else.
Salesforce CEO says National Guard should patrol San Francisco — stunning his own PR team
Though Benioff’s shift mirrors Silicon Valley’s broader accommodation of Trump, the exchange offered a rare glimpse of just how far that repositioning can go. The question now: will other Bay Area tech CEOs follow Benioff’s lead and call for federal tr…
Shutdown silver lining? Your IPO review comes after investors buy in
With 90% of SEC staff furloughed, the agency announced on Thursday that it won’t penalize companies for omitting pricing details during the shutdown.
Bezos predicts that millions will live in space kind of soon
Amazon founder Jeff Bezos made a rare public appearance at Italian Tech Week in Turin on Friday and used the opportunity to predict that millions of people will be living in space “in the next couple of decades,” the Financial Times reports…
After nine years of grinding, Replit finally found its market. Can it keep it?
While AI coding startups like Cursor raise brow-raising rounds on barely three years of existence, Replit’s path to a $3 billion valuation has been anything but swift.
The AI services transformation may be harder than VCs think
Early warning signs suggest this whole services-industry metamorphosis may be more complicated than VCs anticipate.
Famed roboticist says humanoid robot bubble is doomed to burst
Brooks, who co-founded iRobot and spent decades at MIT, is particularly skeptical of companies like Tesla and Figure trying to teach robots dexterity by showing them videos of humans doing tasks. In a new essay, he calls this approach “pure fantasy thi…
It isn’t your imagination; Google Cloud is flooding the zone
While the industry’s biggest players cement ever-tighter partnerships, Google is hellbent on capturing the next generation of AI companies before they become too big to court.
Billionaire VC Mike Moritz slams new H-1B visa fee as ‘brutish extortion scheme’
In a new, scathing Financial Times op-ed, the former Sequoia Capital honcho compares the White House to Tony Soprano’s pork store, calling its new H-1B visa plan another “brutish extortion scheme.”
VCs are still hiring MBAs, but firms are starting to need other experience more
The MBA-to-VC pipeline remains a very real thing. But that path is a little shakier than it once was, according to PitchBook reporting and new academic research.
Google isn’t kidding around about cost cutting, even slashing its FT subscription
These cuts may save Google mere thousands; they also come as Google faces increasingly strained relationships with news publishers.
Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram
President Trump signed a proclamation Friday requiring employers to pay a hefty $100,000 fee for new H-1B visa applications—an enormous jump from the current $215 lottery registration fee—targeting the very program that helped create some of Silicon Va…
Al Gore on China’s climate rise: ‘I would not have seen this coming’
Al Gore and Lila Preston of Generation Investment Management talked with TechCrunch about recent headlines, including the tech industry’s growing appetite for rare earth minerals, how the AI boom’s demand for massive data centers could impact global en…
Robinhood embraces copy trading after warning competitors about regulatory risks
Roughly nine months after suggesting that a young copy trading platform could only operate because it flew “under the radar” of regulators, Robinhood has announced its own entry into the space with “Robinhood Social,” a new feature that will allow user…
OpenAI denies that it’s weighing a ‘last-ditch’ California exit amid regulatory pressure over its restructuring
OpenAI executives are discussing a potential relocation out of California as increasing political resistance threatens the company’s efforts to convert from nonprofit to for-profit status, according to The WSJ, but the company says it has no plans to l…
Snap breaks into ‘startup squads’ as ad revenue stalls
CEO Evan Spiegel just announced the company is restructuring around small “startup squads” of 10 to 15 people to regain agility against larger competitors.
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