AI drug discovery startup Chai Discovery raised a $130M Series B led by Oak HC/FT and General Catalyst at a $1.3B valuation, taking its total funding to $225M
Chai Discovery, an artificial intelligence drug-discovery company backed by OpenAI, has raised $130 million to build a “computer-aided design suite” for molecules.
An account of working at Cursor for 60 days: a largely in-person culture, few scheduled meetings, aggressive recruiting, heavy internal product testing, more
On recruiting and culture — Nivi: You're listening to the Naval Podcast. X: Jim O'Shaughnessy / @jposhaughnessy : “When I asked co-founder Sualeh Asif what he's most concerned ab...
An account of working at Cursor for 60 days: a largely in-person culture, few scheduled meetings, aggressive recruiting, heavy internal product testing, more
Sixty days with the AI coding decacorn — Editor's note: This is the first installment in a series of Company Dispatches …
Y Combinator and 140 AI startups sign a letter opposing California's AI safety bill, saying the bill could harm California's ability to retain its AI talent
Self-driving startup Applied Intuition raised a $250M Series E led by Lux, Elad Gil, and Porsche at a $6B valuation and works with “18 of the top 20 automakers”
Notion acquires Skiff, which raised $14.2M to offer end-to-end encrypted file storage, docs, calendar events, and email; Skiff will shut down after six months
Notion launched its new calendar based on Cron last month, but its productivity suit can soon have more privacy-focused offerings.
With YC's increasingly heated public attacks against a lesser-known accelerator's founder and some investors, the VC appears curiously on the defensive lately
Mary Ann Azevedo / TechCrunch :
With YC's increasingly heated public attacks against a lesser-known accelerator's founder and some investors, the VC appears curiously on the defensive lately
Mary Ann Azevedo / TechCrunch :
Harvard's popular CS50 MOOC plans to use AI to grade assignments, teach coding, and personalize learning tips, and is testing a virtual TA for student feedback
Saritha Rai / Bloomberg : LinkedIn: David J. Malan . Tweets: @apartovi LinkedIn: David J. Malan : “CS50, an introductory course in computer science attended by hundreds of student...
The Saudi Public Investment Fund lists ~35 of its partnerships with US VC firms, like a16z, Coatue, Craft Ventures, Iconiq, Insight Partners, and Human Capital
For several years, venture capital firms have been cagey about whether they have raised money from Saudi Arabia …
The SEC charges Genesis and Gemini with offering and selling unregistered securities to retail investors via a crypto lending program promising to pay interest
The SEC charges Genesis and Gemini with offering and selling unregistered securities to retail investors via a crypto lending program promising to pay interest
- The SEC charged both Gemini and Genesis with unregistered offering and sale of securities to retail investors, some of who were in the U.S.
Adobe's $20B Figma acquisition will likely face antitrust scrutiny over whether the deal would snuff out competition or harm consumers by taking away choices
Hello, and welcome to Pipeline. I'm Biz Carson, and I'm devastated after I lost my 149-day Wordle streak to “parer” yesterday.
A profile of Figma founder Dylan Field, who will become the wealthiest person from the Thiel Fellowship by far, as PitchBook estimates his stake is worth $2B+
A profile of Figma founder Dylan Field, who will become the wealthiest person from the Thiel Fellowship by far, as PitchBook estimates his stake is worth $2B+
Dylan Field dropped out of an Ivy League school in 2012 to take a grant from the billionaire Peter Thiel and start a software company called Figma.
Y Combinator names Garry Tan as its next president, replacing Geoff Ralston in January 2023; Tan will step away from his role at his firm Initialized Capital
YC gave me my start, and I'm deeply grateful to the community. https://www.forbes.com/... @initialized : News alert: Congratulations to @jenhwolf & @brettdg, our new managing partn...
As some US tech investors and startups hunker down in the market downturn, others continue as normal; PitchBook: Q2's average deal sizes are at record levels
though most like to claim their own funds were able to sidestep the worst of the excesses” https://www.ft.com/... Myles Udland / @mylesudland : Fun to look at this chart and think ...
As the market downturn sees some US tech investors and startups hunkering down, others continue as normal; Q2 average investment deal sizes are at record levels
Market correction leaves some startups in crisis as others take employees on vacation — Why a 2022 Recession Would Be Unlike Any Other
People from countries like Argentina, Venezuela, and Nigeria invested in Terra as they saw it as more stable than local currency, but lost thousands in savings
“I have nothing left, not even a penny.” — Valeria makes around $300 a month selling prepared food from her home in Buenos Aires.
Lumos, which is building an app store for companies to manage all the SaaS apps their employees use, emerges from stealth with $30M+ from a16z, Neo, and others
Frederic Lardinois / TechCrunch :