A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom
Lachy Groom, one of Silicon Valley’s most closely watched solo investors, decided to back Indian startup Pronto just 20 minutes…
Snap says its $400M deal with Perplexity ‘amicably ended’
Snap no longer has a deal with Perplexity, the company revealed on Wednesday as part of its quarterly earnings report.…
Is xAI a neocloud now?
On Wednesday, xAI and Anthropic announced a surprise partnership that has the Claude-maker buying out “all of the compute capacity…
Insurance startup Corgi hits $1.3B valuation 4 months after its Series A
Business insurance startup Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3…
Microsoft’s AI data center push is colliding with its clean power goals
Microsoft is weighing whether to delay or scale back one of its most ambitious clean energy goals as its rapid…
Robinhood’s venture fund IPO attracted 150,000+ retail investors, CEO says
Robinhood CEO Vlad Tenev is touting the success of the fintech’s new Ventures Fund I, which allows retail investors to…
How Elon Musk left OpenAI, according to Greg Brockman
In late August 2017, key figures at OpenAI (then a small non-profit research lab) gathered to discuss how they would…
DOJ says ransomware gang tapped into Russian government databases
A U.S. court has sentenced Latvian hacker Deniss Zolotarjovs to more than eight years in prison following his conviction for…
AI evaluation startup Braintrust confirms breach, tells every customer to rotate sensitive keys
AI evaluation startup Braintrust has urged customers to revoke and replace their API keys after an earlier breach of customer…