Snap alums unveil Ghost Angels fund
A group of 20 Snap alumni has come together to launch a fund called Ghost Angels to back the next generation of social media.
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The groupthink boom: what three top VCs really think about the AI frenzy
“If you’re 22 years old in San Francisco and building something in AI, there may be a seed term sheet in your inbox — but if you’re 19, oh my God, this means you’re really good; you might already have a Series A [offer],” said one, half-kiddingly.
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After Nvidia’s $20B not-aqui-hire, AI chip startup Groq reportedly raising $650M
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios.
After Nvidia’s $20B not-aqui-hire, AI chip startup Groq reportedly raising $650M Read More »
Why Paris may be the most important AI city outside Silicon Valley
Europe’s startup ecosystem has matured significantly; its founders are increasingly willing to scale companies domestically instead of immediately looking to relocate to the U.S.
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In just 3 weeks, StrictlyVC is coming to Los Angeles
StrictlyVC Los Angeles is on June 18. Join for meaningful networking and fireside chats with leaders from Mach Industries, Shinkei Systems, and more. Register here.
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Corgi announces $106M raise at $2.6B valuation — triple what it was worth three weeks ago
Insurance tech Corgi announced today an $106 million Series B1 raise, valuing the company at $2.6 billion, just three weeks after announcing a $160 million Series B.
Triomics nabs $22M to bring oncology-specific AI to cancer centers
The Series B round was led by Battery Ventures.
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ClickHouse triples anualized revenue to $250M, charting a path toward an IPO
The database provider is eyeing a public debut within the next few years.
ClickHouse triples anualized revenue to $250M, charting a path toward an IPO Read More »
Tech CEOs are apparently suffering from AI psychosis
“CEOs are uniquely prone to AI psychosis,” Box CEO Aaron Levie opines. Maybe that explains the almost religious belief in AI productivity gains.
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Amazon fulfillment competitor Stord raises $250M at $3B valuation
Stord was founded in 2015 by then-college students CEO Sean Henry and CTO Jacob Boudreau while they were still at Georgia Tech.
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