Daniel Gross leaves Safe Superintelligence, the AI startup he co-founded with Ilya Sutskever, to join Meta's new superintelligence lab and work on AI products
Daniel Gross, the former chief executive officer and co-founder of artificial intelligence startup Safe Superintelligence Inc. …
Sources: Meta offers to buy up to 49% of Nat Friedman and Daniel Gross' VC firm NFDG, which has invested about half of its first fund of ~$1.1B, raised in 2023
Yuliya Chernova / Wall Street Journal :
Investors and analysts expect the Israel-Hamas war to derail the fragile recovery of Israel's tech sector, which accounts for 14% of the country's workforce
Steven Scheer / Reuters :
Letter: Thierry Breton warns Elon Musk that X could face penalties under the DSA for hosting “illegal content and disinformation” about the Israel-Hamas war
European officials warned X on Tuesday that the company formerly known as Twitter appears to have been hosting misinformation …
Dealogic: the IPO market in 2022 is the lowest since 2009; companies have raised $5.1B in IPOs this year so far, compared to $100B+ at the same time last year
Corrie Driebusch / Wall Street Journal : Tweets: @ychernova , @jsadinolfi , @saraheneedleman , and @lisaabramowicz1 Tweets: Yuliya Chernova / @ychernova : “I don't think a lot of ...
Carta, which launched a private stock exchange CartaX to help employees and investors sell stock in private startups, is now valued at $6.9B
Launching an exchange to help employees and investors sell stock in private startups may seem an odd choice for this year, given the boom in public listings that promise imminent c...
Sources: Bill Gurley will not be a partner in Benchmark's 10th venture fund but will continue to work with companies he led earlier investments in
Lead investor won't be involved in new fund for first time since he joined firm in 1999 — Bill Gurley—one of the most prominent …
Report: pizza-making robot startup Zume, which raised $375M from SoftBank Vision Fund in 2018, plans to lay off up to 400 staff, or about 80% of its employees
Natasha Mascarenhas / Crunchbase News :
Sources: SoftBank Vision Fund has walked away from investing in several startups, months after submitting term sheets and saying closing delays were temporary
SoftBank Vision Fund has walked away from investing in several startups, months after submitting term sheets worth hundreds …