While Mr. Schmidt was chief executive of Google, he had an extramarital relationship with Marcy Simon, a public relations executive. A decade after they split, things are still messy.
Category: Venture Capital
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Investors Pour $27.1 Billion Into A.I. Start-Ups, Defying a Downturn
Funding for A.I. firms made up nearly half the $56 billion in U.S. start-up financing from April to June, according to PitchBook.
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Mistral, a French A.I. Start-Up, Is Valued at $6.2 Billion
Created by alumni from Meta and Google, Mistral is just a year old and has already raised more than $1 billion from investors, leading to eye-popping valuations.
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Donald Trump’s Budding Bromance with Tech Moguls
A week after his criminal conviction, the former president was in deep-blue San Francisco raising money from some of Silicon Valley’s best-connected entrepreneurs and investors.
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How the Humane AI Pin Flopped
Humane’s Ai Pin was supposed to free people from smartphones, but sales have been slow. Now Humane is talking to HP and others about a potential sale.
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Elon Musk’s xAI Raises $6 Billion
Mr. Musk, who founded xAI last year, has said the business “still has a lot of catching up to do” as it looks to compete with well-funded companies like OpenAI.
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Ampla, a Lender to Consumer Brands, Faces Financial Struggles
Ampla, which lent money to smaller businesses that sold clothing, home furnishings and other items directly to consumers, is struggling financially and seeking a buyer.
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In About-Face, Wall Street’s Big Donors Warm to Trump
They may “hate the man,” as one put it, but major business players from coast to coast are increasingly on board for a second term after the first one alienated them.
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Wayve, an A.I. Start-Up for Autonomous Driving, Raises $1 Billion
The London-based developer of artificial intelligence systems for self-driving vehicles raised the funding from SoftBank, Nvidia, Microsoft and others.
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Tensions Rise in Silicon Valley Over Sales of Start-Up Stocks
The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.
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A.I. Start-Ups Face a Rough Financial Reality Check
The table stakes for small companies to compete with the likes of Microsoft and Google are in the billions of dollars. And even that may not be enough.