Airwallex, valued at $8 billion, is launching a point-of-sale product that lets businesses accept in-person payments in multiple countries via a single platform.
One investor who has backed both companies told the FT that justifying OpenAI’s recent round required assuming an IPO valuation of $1.2 trillion or more — making Anthropic’s current $380 billion valuation look like the relative bargain.
Why did Founders Fund invest $220 million in cattle management startup Halter?
Glen Anderson, president of Rainmaker Securities, says the secondary market for private shares has never been more active — with Anthropic the hottest trade around, OpenAI losing ground, and SpaceX’s looming IPO poised to reshape the landscape for ever…
A human really borks things at Anthropic for the second time this week.
A human really borks things at Anthropic for the second time this week.
The fitness tracking startup just closed a $575 million Series G with Cristiano Ronaldo and LeBron James among its investors. The obvious question looming over a round of this size at this valuation: Is an IPO coming?
The primary isn’t until early June, but the CA-17 race between five-term incumbent Ro Khanna and tech founder Ethan Agarwal is already getting nasty. Agarwal entered the race in March, backed by a roster of prominent tech billionaires largely in …
The collapse of the brand, which was originally venture-backed and that went public in 2021, has been well-documented.
OpenAI’s decision last week to shut down Sora, its AI video-generation tool, just six months after releasing it to the public raised immediate suspicions. The app had invited users to upload their own faces — so was this some kind of elaborate data gra…