2025-08-16
OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes Thrive Capital, SoftBank and Dragoneer. Scoop: https://www.bloomberg.com/...
Bloomberg
Sources: current and former OpenAI employees plan to sell ~$6B in stock to Thrive Capital, SoftBank, and others in a secondary sale that values OpenAI at ~$500B
SoftBank, Dragoneer and Thrive Capital are set to buy OpenAI shares from current and former employees at a $500 billion valuation.
2025-06-10
Some great new details on Zuckerberg's efforts to create a new “superintelligence group” at Meta from @rileyraygriffin & @KurtWagner8 https://www.bloomberg.com/...
New York Times
Sources: Meta plans to build an AI lab dedicated to pursuing “superintelligence”, led by Scale AI CEO Alexandr Wang, with seven- to nine-figure compensations
The new lab, set to include Scale AI founder Alexandr Wang, is part of a reorganization of Meta's artificial intelligence …
2025-04-03
Scale AI generated $870M in revenue last year and projects $2B this year. Plus, Coatue, Founders Fund, and Greenoaks are participating in a tender offer expected to value the company at $25B. Scoop w/ @Katie_Roof https://www.bloomberg.com/...
Bloomberg
Source: Scale AI generated ~$870M in 2024 revenue, with its annualized run rate reaching $1.5B by the end of 2024, and expects to generate $2B in 2025 revenue
Bloomberg :
2025-03-08
Scoop: The popular coding tool, Cursor, is in talks to raise hundreds of millions more at a valuation near $10 billion. Thrive Capital is expected to serve as a lead. https://www.bloomberg.com/...
Bloomberg
Sources: Cursor maker Anysphere is in talks to raise hundreds of millions at a $10B valuation, up from $2.5B in January, and crossed $100M in ARR in 12 months
Cool AI startups in 2025: we will raise hundreds of millions of dollars [embedded post] X: Trace Cohen / @trace_cohen : $10B val doing $150M prob!? But like in 2yrs which is crazy ...
2025-02-19
Ouch. Humane is shutting down and selling for $116M—about half of what it raised in VC funding. https://x.com/...
Bloomberg
HP plans to acquire assets from Humane for $116M, wind down Humane's Ai Pin business, and add Humane's team, including its founders, as an AI-focused division
- Humane's Ai pin business to be wound down after rocky launch — New unit at HP will focus on implementation of AI in devices
Former OpenAI CTO Mira Murati reveals plans for her new startup, Thinking Machine Labs. Of the nearly 30 current staff members listed in the company's blog post today, more than a dozen were previously at OpenAI, per @shiringhaffary. https://www.bloomberg.com/...
Axios
Former OpenAI CTO Mira Murati unveils AI startup Thinking Machines Lab, which she's leading as CEO, with Barret Zoph as CTO and John Schulman as chief scientist
- “Instead of focusing solely on making fully autonomous AI systems, we are excited to build multimodal systems that work …
2025-02-18
Greenoaks Capital is leading a $1 billion+ round for Safe Superintelligence, the AI startup founded by ex-OpenAI chief scientist Ilya Sutskever, at a valuation over $30 billion. Scoop: https://www.bloomberg.com/...
Bloomberg
Source: Ilya Sutskever's startup Safe Superintelligence is raising $1B+ at a $30B+ valuation led by Greenoaks Capital, which plans to invest $500M
that outsmarts humans in a safe way—is heading for a $30 billion-plus valuation The Information : Ilya Sutskever's Startup in Talks to Raise Financing at $30 Billion Valuation Meyt...
2024-10-03
OpenAI employees will now have the opportunity to sell their shares through a tender offer, @erinkwoo reports: https://www.theinformation.com/ ...
Axios
OpenAI raised $6.6B led by Thrive Capital, the largest VC deal of all time, valuing it at $157B, with participation from Microsoft, Nvidia, SoftBank, and others
- Not taking part, a source confirms, is Apple, which reportedly had been in talks to invest.
2024-09-30
Scoop: SoftBank's Vision Fund will invest $500 million in OpenAI at a $150 billion valuation, marking its first investment in the Sam Altman-led company. https://www.theinformation.com/ ...
The Information
Source: SoftBank's Vision Fund has agreed to invest $500M in OpenAI's latest funding round, SoftBank's first investment in OpenAI, which is raising $6.5B
SoftBank's Vision Fund has agreed to invest $500 million in OpenAI's latest funding round, which values the developer of ChatGPT …
2024-09-13
New: OpenAI's ChatGPT has more than 10 million paying subscribers, implying that the chatbot is generating more than $225 million in revenue per month. By @amir https://www.theinformation.com/ ...
The Information
Source: OpenAI's ChatGPT has 11M+ paying subscribers, including 1M for its higher-priced business plans, implying it's generating $225M+ in revenue per month
Amir Efrati / The Information :
2024-07-18
Scoop: Marc Andreessen and Ben Horowitz, who run the influential venture capital firm Andreessen Horowitz, have told staff they plan to make large donations to political action committees supporting the election of Donald Trump. w/ @coryweinberg https://www.theinformation.com/ ...
The Information
Marc Andreessen and Ben Horowitz say Trump is the right choice for “Little Tech”; sources say they plan to make large donations to PACs supporting his campaign
Andreessen on X earlier this month said that the firm would support political candidates who promote policies in favor of startups. Horowitz wrote on a blog post in December: “We are non-partisan, one issue voters: If a candidate supports an optimistic technology-enabled future, we are for them. If they want to choke off important technologies, we are against them.”
The Information
Marc Andreessen and Ben Horowitz say Trump is the right choice for “Little Tech”; sources say they plan to make large donations to PACs supporting his campaign
Scoop: Marc Andreessen and Ben Horowitz, who run the influential venture capital firm Andreessen Horowitz, have told staff they plan to make large donations to political action committees supporting the election of Donald Trump. w/ @coryweinberg https://www.theinformation.com/ ...
Vitalik Buterin
People in crypto should not choose political allegiances based on who claims to be “pro-crypto”, as such politicians might go against crypto's underlying goals
Over the last couple of years, “crypto” has become an increasingly important topic in political policy …
Andreessen on X earlier this month said that the firm would support political candidates who promote policies in favor of startups. Horowitz wrote on a blog post in December: “We are non-partisan, one issue voters: If a candidate supports an optimistic technology-enabled future, we are for them. If they want to choke off important technologies, we are against them.”
Vitalik Buterin
People in crypto should not choose political allegiances based on who claims to be “pro-crypto”, as such politicians might go against crypto's underlying goals
Over the last couple of years, “crypto” has become an increasingly important topic in political policy …
2024-07-17
Scoop: Marc Andreessen and Ben Horowitz, who run the influential venture capital firm Andreessen Horowitz, have told staff they plan to make large donations to political action committees supporting the election of Donald Trump. w/ @coryweinberg https://www.theinformation.com/ ...
The Information
Marc Andreessen and Ben Horowitz say Trump is the right choice for “Little Tech”; sources say they plan to make large donations to PACs supporting his campaign
Venture capital bigwigs Marc Andreessen and Ben Horowitz have told staff at Andreessen Horowitz that they plan …
Andreessen on X earlier this month said that the firm would support political candidates who promote policies in favor of startups. Horowitz wrote on a blog post in December: “We are non-partisan, one issue voters: If a candidate supports an optimistic technology-enabled future, we are for them. If they want to choke off important technologies, we are against them.”
TechCrunch
On their podcast, Marc Andreessen and Ben Horowitz explain why they are backing Trump, say Trump is pro-crypto, Biden's overregulation harms startups, and more
Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he's been a Democrat most of his life.
Scoop: Marc Andreessen and Ben Horowitz, who run the influential venture capital firm Andreessen Horowitz, have told staff they plan to make large donations to political action committees supporting the election of Donald Trump. w/ @coryweinberg https://www.theinformation.com/ ...
TechCrunch
On their podcast, Marc Andreessen and Ben Horowitz explain why they are backing Trump, say Trump is pro-crypto, Biden's overregulation harms startups, and more
Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he's been a Democrat most of his life.
Marc Andreessen and Ben Horowitz explain why they're endorsing Trump in a new podcast. Horowitz starts off by apologizing to his mom: “I know you're going to be mad at me for this but we had to do it.” “The future of our business, the future of technology and the future of
TechCrunch
On their podcast, Marc Andreessen and Ben Horowitz explain why they are backing Trump, say Trump is pro-crypto, Biden's overregulation harms startups, and more
Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he's been a Democrat most of his life.
Andreessen on X earlier this month said that the firm would support political candidates who promote policies in favor of startups. Horowitz wrote on a blog post in December: “We are non-partisan, one issue voters: If a candidate supports an optimistic technology-enabled future, we are for them. If they want to choke off important technologies, we are against them.”
The Information
Marc Andreessen and Ben Horowitz say Trump is the right choice for “Little Tech”; sources say they plan to make large donations to PACs supporting his campaign
Venture capital bigwigs Marc Andreessen and Ben Horowitz have told staff at Andreessen Horowitz that they plan …
2024-07-16
At Google's $23 billion price, Index Ventures' stake in the cybersecurity startup Wiz is worth an impressive $2.5 billion. The potential sale, contingent on negotiations and regulatory approval, could also rake in billions for Sequoia & Insight. More here w/ @nmasc_ @aaronpholmes
The Information
Sources: Index is Wiz's largest outside shareholder, with an 11%+ stake; Sequoia owns 10%+, Insight owns ~9%, Greenoaks owns ~5%, and Cyberstarts owns ~4%
The Information :