Top OpenAI, Google Brain researchers set off a $300M VC frenzy for their startup Periodic Labs
When Liam Fedus announced he was quitting OpenAI, VCs swarmed. One even wrote a love letter. Here’s how Felicis’ Peter Deng won the deal.
EFF, unions sue Trump admin. over alleged mass social media surveillance of legal residents
The lawsuit, filed in federal court, alleges the Trump administration is monitoring and punishing non-citizens who express social media views that the government disfavors.
Deel hits $17.3B valuation after raising $300M from big-name VCs
Deel says it’s been profitable for three years and surpassed $1 billion in ARR, including having a month that hit $100 million in revenue
Navan plows ahead with IPO during shutdown, aims for $6.45B valuation
The corporate travel management company is moving forward under SEC rules that allow companies in IPO limbo to proceed at their own risk during the shutdown.
While OpenAI races to build AI data centers, Nadella reminds us that Microsoft already has them
Microsoft CEO Satya Nadella offered a glimpse of the “first of many” massive Nvidia AI systems it is rolling out, starting now.
Even after Stargate, Oracle, Nvidia, and AMD, OpenAI has more big deals coming soon, Sam Altman says
By some estimates, OpenAI has this year inked $1 trillion worth of infrastructure deals. Altman says to expect even more.
Wall Street analysts explain how AMD’s own stock will pay for OpenAI’s billions in chip purchases
AMD’s unusual deal to finance OpenAI’s chip purchases could grant the AI model maker up to $100 billion, analyst estimates.
Startup Battlefield company ÄIO invented a method to make edible fat from ag waste like sawdust
This process could be a way to reduce the world’s dependency on the ecologically destructive palm oil industry.
Supabase nabs $5B valuation, four months after hitting $2B
It’s been a wild year of growth and fundraising for vibe-coding database of choice, Supabase.
Chamath warns retail investors to avoid his new SPAC
The SPAC King’s newest, dubbed “American Exceptionalism,” went public with $345 million. But Chamath doesn’t want people to buy shares.