SoftBank says it has completed a $22.5B investment in OpenAI, finalizing its up to $40B investment commitment announced in March and taking its stake to ~11%
SoftBank Group Corp. ("SBG" or the “Company") today announced that it has completed an additional investment of $22.5 billion …
Source: Figma considered a higher IPO price, but CEO Dylan Field wanted to bring on board certain long-term institutional shareholders and approved $33/share
Should You Chase the Surge or Wait for a Pullback? Fortune : Tech industry insiders share their picks for the next startups who will ride the IPO wave after Figma's blockbuster deb...
Figma's stock dropped 27.38% to $88.60 on August 4 after last week's IPO pop; its fully diluted valuation sits at ~$56B, still almost triple Adobe's 2022 offer
Figma shares dropped 27% on Monday, cutting into the gains the design software company posted after hitting the market last week.
Cognition acquires Windsurf, saying it will waive 100% of Windsurf employees' vesting cliffs and give them “fully accelerated vesting for their work to date”
techcrunch.com/2025/07/14/c... [embedded post] Dare Obasanjo / @carnage4life : The AI acquisition moves fast. First, OpenAI ditched its Windsurf deal after clashing with Microsof...
Mahbod Moghadam, the controversial co-founder of Genius and Everipedia, passed away in March at age 41, according to a post on Genius attributed to his family
Mahbod Moghadam, the controversial, never-boring co-founder of Genius and Everipedia, as well as an angel investor …
OpenAI CEO Sam Altman departs the company and leaves its board after a board review found he wasn't “consistently candid in his communications with the board”
The board of directors of OpenAI, Inc, the 501(c)(3) that acts as the overall governing body for all OpenAI activities …
Meta reports Q4 revenue down 4% YoY to $32.2B, net income down 55% YoY to $4.7B, and family daily active people up 5% YoY to 2.96B; stock jumps 24%+
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2022.
Andreessen Horowitz raises $9B across three funds: a $1.5B Bio Fund, a $5B Growth Fund, and a $2.5B Venture Fund
Andreessen Horowitz raises $9B across three funds: a $1.5B Bio Fund, a $5B Growth Fund, and a $2.5B Venture Fund
Ben Horowitz / Andreessen Horowitz :