Category: Venture Capital

OpenRouter, an Exchange for A.I. Models, Raises $113 Million

An investment arm of Alphabet is backing OpenRouter, which helps companies choose among hundreds of models for different software tasks.
Cerebras, A.I. Chip Maker, Rises 89% in Market Debut

Cerebras, a Silicon Valley maker of artificial intelligence chips, began trading on the stock market on Thursday, as SpaceX, OpenAI and Anthropic also take steps to go public.
A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public

Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
Private Equity Lashes Out at New Research on Carried Interest

Estimates by researchers at Yale found that closing the carried interest loophole could lead to billions more in tax revenues than previously estimated.
Why Investors Are Still Betting Big on Kalshi

The popular prediction market platform has just raised a new funding round that values it at $22 billion, double what it was worth in December.
Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation

The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.
Why So Many People Already Own Shares of Elon Musk’s SpaceX

Even before the rocket company holds a major initial public offering, many people own stock in it through so-called special purpose vehicles.
How Elon Musk Used SpaceX to Benefit Himself and His Businesses

The rocket maker has been a useful financial tool for Mr. Musk, providing the billionaire with loans and aiding his struggling companies, a Times examination found.
How Elon Musk Used SpaceX to Benefit Himself and His Businesses

The rocket maker has been a useful financial tool for Mr. Musk, providing the billionaire with loans and aiding his struggling companies, a Times examination found.
The Consequences of SpaceX’s Latest A.I. Moonshot

Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.
Whoop, a Wearable Health Device Maker, Raises $575 Million

With elite athletes like LeBron James and Cristiano Ronaldo as investors, the company, now valued at $10 billion, is courting everyday health enthusiasts.
Whoop, a Wearable Health Device Maker, Raises $575 Million

With elite athletes like LeBron James and Cristiano Ronaldo as investors, the company, now valued at $10 billion, is courting everyday health enthusiasts.