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Brian Chesky has spent years as an AI kingmaker. He met Sam Altman through Y Combinator in 2006, advised him on managing OpenAI’s hypergrowth, and helped broker Altman’s return to power after the board fired him in November 2023. He was reportedly considered for a seat on OpenAI’s board. Now he is entering competition with his […]
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For someone who helped ship ChatGPT, DALL-E, and Codex, Mira Murati has been remarkably quiet. On Thursday, she broke the silence. Sitting down with Bloomberg’s Emily Chang in San Francisco, the CEO of Thinking Machines Lab gave her first major media appearance in roughly 18 months, a carefully managed re-entry into a conversation that has moved at […]
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The conversation at this year’s NY Tech Week is about AI. The panels, the pitch decks, the happy hours: agents that code, agents that sell, infrastructure for the agents. Then a screen mounted to a truck shows a man sitting on a toilet, staring at his phone in open panic. The line underneath: “His prospect […]
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While tech week talks AI, Scytale is talking about what’s actually killing deals Read More »
Three companies are preparing to enter public markets this year with a combined valuation that could exceed $3 trillion. SpaceX is set to list as early as 12 June at a $1.77 trillion valuation, selling 555.6 million shares at a fixed price of $135 each in what will be the largest IPO in history. Anthropic has filed at […]
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Two years ago, Ramp was a $7.65 billion corporate card company. On Wednesday, it announced a $750 million Series F that values it at $44 billion, a nearly six-fold increase that makes it one of the most valuable private fintech companies in the world. The round was led by ICONIQ, GIC, and Ontario Teachers’ Pension […]
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Vlad Yatsenko was Revolut’s first employee. He joined before CEO Nik Storonsky had even launched the company. Storonsky later gave him the title of co-founder, not because he had co-founded the business in the conventional sense, but because, as Storonsky told David Rubenstein earlier this year, “it was easier for him to recruit engineers if he had […]
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The pitch deck for every AI sales tool tells the same story: more signals, better insights, smarter forecasting. What they leave out is that most of those insights end up ignored. Reps drown in dashboards. CRM records go stale. The deal that should have closed last week slips because nobody acted on the intent signal […]
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Most quantum-computing startups ask the world to build them an entirely new industry: exotic materials, bespoke fabrication, supply chains that do not yet exist. Quobly is making a quieter bet. The Grenoble company thinks the path to a useful quantum machine runs through the silicon chip industry that already exists, and on Wednesday it raised […]
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France’s Quobly raises €115M to put a quantum computer on a silicon chip Read More »
In early-stage companies, time often becomes the most constrained resource. Founders and engineering teams must move quickly to build products, reach customers, and refine their offerings. Yet a significant portion of that time can be spent on infrastructure tasks that sit behind the scenes. According to a report, application development accounted for just 16% of developers’ […]
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The AI boom has created a two-speed startup economy. Companies building on generative AI are raising at historically unprecedented valuations, while startups that last raised capital before ChatGPT launched in November 2022 are watching their worth collapse. According to PitchBook valuation estimates, more than 220 companies that once held billion-dollar valuations have now fallen below that threshold, […]
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AI is crushing startup valuations for companies that raised before ChatGPT existed Read More »