Are we tokenmaxxing our way to nowhere?
The gap between AI insiders and everyone else is widening, and the spending, suspicion, and even new vocabulary are starting to show it. While OpenAI is busy buying up everything from finance apps to talk shows, a certain shoe compa…
New leaders, new fund: Sequoia has raised $7B to expand its AI bets
The fundraise is the first major capital raise under Sequoia’s new leadership, with Alfred Lin and Pat Grady now serving as co-stewards of the 54-year-old firm.
Factory hits $1.5B valuation to build AI coding for enterprises
The three-year-old startup raised $150 million led by Khosla Ventures.
Luma launches AI-powered production studio with faith-focused Wonder Project
The studio’s first project will be about Moses and star Academy Award-winner Ben Kingsley, to be released this spring on Prime Video.
Netflix co-founder and chair Reed Hastings to leave board
Hastings helped to transform the video rental industry — first with physical, then digital, delivery.