After staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire.
Category: Venture Capital
-
Back at OpenAI, Sam Altman Outlines the Company’s Priorities
In a blog post, Mr. Altman, who was briefly ousted as chief executive, said he would focus on conducting A.I. research, improving products and building a new board.
-
In Biden’s Climate Law, a Boon for Green Energy, and Wall Street
The law has effectively created a new marketplace that helps smaller companies gain access to funding, with banks taking a cut.
-
Silicon Valley Shrugs Off Sam Bankman-Fried’s Trial
Tech investors lauded Mr. Bankman-Fried and helped fund his FTX crypto exchange. The tech industry has since done what it does best: move on.
-
‘Start-Up Nation’ Is Tested as Israel’s Reservists Leave Their Desks
The tech industry in Israel, including many small firms, is trying to adjust as a big military mobilization cuts their work force.
-
Gary Wang, a FTX Founder, Says Sam Bankman-Fried Steered Misuse of Funds
Mr. Wang is one of three key witnesses who pleaded guilty and agreed to cooperate against Mr. Bankman-Fried, the onetime crypto mogul on trial for fraud.
-
Takeaways From a New Book on Sam Bankman-Fried
“Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried’s rise and fall.
-
Who’s Rooting Hardest for a Sam Bankman-Fried Conviction? The Crypto Industry.
Crypto insiders, who have been trying to distance themselves from the FTX founder, are united in their zeal to see Mr. Bankman-Fried held to account.
