Josh Kushner's Thrive raised $10B+ for its tenth and largest fund, lifting its AUM to ~$50B; sources: it distributed 64% of capital raised during the 2021 peak
Josh Kushner's Thrive raised $10B+ for its tenth and largest fund, lifting its AUM to ~$50B; sources: it distributed 64% of capital raised during the 2021 peak
The backer of OpenAI, Stripe, SpaceX and Skims says it's taking “ride-or-die” approach to investing.
Uber agrees to acquire Getir's delivery operations from Mubadala for $335M in cash and says it will take a 15% stake in the remaining portfolio for $100M
Uber agrees to acquire Getir's delivery operations from Mubadala for $335M in cash and says it will take a 15% stake in the remaining portfolio for $100M
A source close to Thinking Machines Lab alleges ex-CTO Barret Zoph, who is returning to OpenAI, had shared confidential company information with competitors
The departures are a blow for Thinking Machines Lab. Two narratives are already emerging about why they happened.
Thinking Machines Lab parts ways with CTO Barret Zoph, with Soumith Chintala taking over the role; sources say the termination is due to “unethical conduct”
BREAKING: Thinking Machines has terminated its CTO, Barret Zoph, due to unethical conduct according to two sources familiar with the matter. CEO Mira Murati announced the news at a...
Revolut reaches a $75B valuation in its latest share sale led by Coatue, Greenoaks, and others, up from $45B in 2024, making it Europe's most valuable startup
Revolut Ltd. garnered a $75 billion valuation in its latest share sale after months of courting investors, a steep increase …
Cerebras CEO Andrew Feldman says the AI chipmaker pulled its IPO filing to share updated financials, admitting it was a mistake not to explain the move sooner
So I want to give you the full picture. …
Sources: OpenAI researcher Jason Wei, who worked on o3 and deep research models, and his colleague Hyung Won Chung are joining Meta's new superintelligence lab
Jason Wei, who worked on OpenAI's o3 and deep research models, will be joining Meta's superintelligence lab.
Q&A with Mark Zuckerberg on Meta's “personal super intelligence” push, how its pay packages pale in comparison to its AI infra investments, AI glasses, and more
The Information's TITV is first in tech news and analysis from the people that break and shape the story.
Circle files for a US IPO, with plans to list on the NYSE under CRCL; Circle, which issues the USDC stablecoin, is reportedly seeking a $4B to $5B valuation
Circle, the company behind the USDC stablecoin, has filed for an initial public offering and plans to list on the New York Stock Exchange.
An interview with Nomad List and Photo AI founder Pieter Levels, aka @levelsio on X, on launching 12 startups in 12 months, the digital nomad life, and more
Pieter Levels (aka levelsio on X) is a self-taught developer and entrepreneur who has designed, programmed, launched over 40 startups, many of which are highly successful.
Kleiner Perkins has raised more than $2B for two new funds: $825M for a fund targeting young startups and $1.2B for a later-stage fund
Atlassian's co-CEO Scott Farquhar plans to step down on August 31, 2024, after 23 years at the company; he will remain a board member and a special advisor
Scott Farquhar / Work Life :
Flexport founder Ryan Petersen joins Founders Fund as a partner; Petersen, who stepped down as CEO in March 2023, will continue as Flexport's executive chairman
Alex Konrad / Forbes :
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 :
Harry Stebbings, a 24-year-old Londoner with a popular podcast about tech investing, raises $140M fund from MIT, RIT Capital, and founders of Spotify and Calm
Apple hires Josh Elman, former VC at Greylock Partners and ex-VP of product at Robinhood, to work on app discovery at the App Store
Mark Gurman / Bloomberg :
Spotify CEO Daniel Ek says he will invest €1B in European tech startups over the next decade, focused on “moonshots” in ML, biotech, and other sectors
Financial Times :