2026-03-04
Anthropic grew their revenue run rate from $14B to $19B, in just the last few weeks. Adding $5B, just like that, is actually insane. We've never seen big numbers, move so quickly.
Bloomberg
Sources: Anthropic recently passed $19B in run-rate revenue, up from $9B at the end of 2025 and ~$14B a few weeks ago, as its clash with the US DOD casts doubt
Anthropic PBC is on track to generate annual revenue of almost $20 billion, a projection based on current performance, more than doubling its run rate from late last year …
Anthropic grew their revenue run rate from $14B to $19B, in just the last few weeks. Adding $5B, just like that, is actually insane. We've never seen big numbers, move so quickly.
Reuters
Sources: some investors push Anthropic to de-escalate its DOD dispute and avoid the “supply-chain risk” designation; source: some Anthropic-DOD talks continue
2026-02-08
Palmer's new bank, Erebor, just got approved. This will be a digitally native bank for the innovation economy. I could see it mostly powered by AI and crypto. Going to be a top bank in the next decade.
Wall Street Journal
Palmer Luckey's Erebor becomes the first newly created bank to receive a national charter under the second Trump administration, launching with $635M in capital
2026-02-07
Palmer's new bank, Erebor, just got approved. This will be a digitally native bank for the innovation economy. I could see it mostly powered by AI and crypto. Going to be a top bank in the next decade.
Wall Street Journal
Palmer Luckey's Erebor becomes the first newly created bank to receive a national charter under the second Trump administration, launching with $635M in capital
Erebor founder Palmer Luckey was one of the tech industry's early Trump supporters and is known for his penchant for Hawaiian shirts
2025-11-08
If Roelof did indeed get pushed out for missing Mercor and Cursor, as well as Shaun's posts, that would be incredibly short sighted. Roelof and Shaun would crush it at any firm and could start their own. Many founders would choose them. This would be very bad for Sequoia.
Financial Times
Sources: Roelof Botha was ousted by senior Sequoia partners amid concerns about his “imperial style” leadership, AI investment strategy, and internal clashes
George Hammond / Financial Times :
2025-10-30
Energy is the massive bottleneck in scaling intelligence. But if we are able to increase the amount of thoughts per watt, a paradigm shift would occur. The @Extropic_AI TSU, uses 10,000X less energy that Nvidia's GPU. This could dramatically accelerate AI applications.
Wired
Extropic, which says its chips using probabilistic bits can be 10,000x more energy efficient than current AI chips, shares its first chip with some AI labs
A startup hopes to challenge Nvidia, AMD, and Intel with a chip that wrangles probabilities rather than 1s and 0s.
2025-06-21
The speed at which @cluely has come onto the scene is incredible. Founded in February, Series A by June. All through viral marketing. Social capital -> financial capital.
TechCrunch
Cluely, which wants to help users “cheat on everything”, including job interviews and exams, raised a $15M Series A led by a16z, two months after a $5.3M seed
Cluely, a startup that claims to help users “cheat” on job interviews, exams, and sales calls, has raised …
2024-04-24
Xaira just came out of stealth with $1B in funding to do AI driven drug discovery. Focused on making complex proteins from scratch. The best biotech VC in the game, @rtnarch contributed $200M. If it works, it will transform therapeutic development. [image]
Bloomberg
Xaira Therapeutics, which aims to use AI models to find new drugs to treat diseases, emerged from stealth with $1B in commitments from Sequoia and others
read it only @endpts: https://endpts.com/... LinkedIn: Xaira Therapeutics : Incubated by ARCH Venture Partners and Foresite Labs, Xaira Therapeutics is on a mission to drive advanc...
2024-04-18
This attack on @Austen is just something for regulators to do than protecting consumers. @bloomtech has done incredible work to help people and that should be the focus. Feels like they are trying to stop an alternative college to protect the status quo.
TechCrunch
The US CFPB fines BloomTech, formerly Lambda School, and CEO Austen Allred $164K+ and bans BloomTech from lending for 10 years over deceiving students on loans
In an order today, the U.S. Consumer Financial Protection Bureau (CFPB) said that BloomTech, the for-profit coding bootcamp previously known …
2024-03-06
Elon wanted total control of OpenAI. Stopped funding it for negotiating leverage. Reid Hoffman bailed OpenAI out. Elon was aligned that it needed to be for profit and that the science needed to be protected. AI is the Ring of Power and everyone wants it.
Bloomberg
OpenAI fires back at Elon Musk's lawsuit, accusing Musk of suing when the company “started making meaningful progress towards OpenAI's mission without him”
Musk filed the lawsuit last week against OpenAI, Chief Executive Officer Sam Altman and President Greg Brockman …
Elon wanted total control of OpenAI. Stopped funding it for negotiating leverage. Reid Hoffman bailed OpenAI out. Elon was aligned that it needed to be for profit and that the science needed to be protected. AI is the Ring of Power and everyone wants it.
The Verge
OpenAI says that while discussing a for-profit structure, Elon Musk “wanted us to merge with Tesla” or “majority equity, initial board control, and to be CEO”
In a blog post published on Tuesday, OpenAI said it will move to dismiss “all of Elon's claims” …