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Legal AI startup Legora raises $550M Series E at $8.8B valuation

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Legal AI startup Legora announced Wednesday that it raised a $550 million Series E round, valuing it at $8.8 billion.

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Blacksmith hits unicorn valuation after Sequoia leads Series C

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Blacksmith, a platform that lets companies build and test AI code more effectively, just announced a $66 million Series C round led by Sequoia that values the company at $1 billion.

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Foursquare co-founder says equity holders saw no returns from the company’s acquisition

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Foursquare raised $411 million in funding according to PitchBook data, but its equity holders saw no returns from its final acquisition.

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Inspired Capital closes $450M fourth fund as New York pushes back on Silicon Valley’s gravitational pull

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The raise comes as venture dollars pile up on the West Coast.

Inspired Capital closes $450M fourth fund as New York pushes back on Silicon Valley’s gravitational pull Read More »

Tenstorrent hits $6.2B valuation to scale open-weight AI chips

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After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.

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AI assistant startup Town nabs unicorn valuation four months after launch

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AI assistant startup Town nabbed a unicorn valuation on Monday, announcing a $108 million Series B round co-led by Forerunner Ventures and Menlo Ventures.

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No agenda, no rush, no leaving San Francisco: Benchmark’s partners on investing in a frenzied market

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Benchmark may have grown its funds and swapped out some partners, but onstage the five who are left sounded like friends who just happen to be running one of the Valley’s most storied firms

No agenda, no rush, no leaving San Francisco: Benchmark’s partners on investing in a frenzied market Read More »

A Nvidia insider-turned-VC on why robotics hasn’t hit its ChatGPT moment, yet

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Amulya Vishwanath, who spent seven years leading product marketing for NVIDIA’s robotics platforms, says robotics is currently in its “Lego era,” with the basic building blocks like actuators, robotic hands, software, and safety standards still being rebuilt. This view runs counter to those who believe that robotics, powered by a general foundation model, is about to have […]

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Even Benchmark thinks AI is eroding the venture pact against backing rivals

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Benchmark says the Valley’s rule against backing rivals is getting harder to keep.

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Last chance to save up to $200 on your TechCrunch Founder Summit pass: Early booking ends Oct. 16

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Savings of up to $200 end October 16 for TechCrunch Founder Summit end on October 16. These savings for Founder and Investor Passes vanish after Friday. Join 1,000 founders and investors on November 4 at Boston’s SoWa Power Station. Bring your toughest questions and make the day count for your business.

Last chance to save up to $200 on your TechCrunch Founder Summit pass: Early booking ends Oct. 16 Read More »