The company raised $7.3 billion over the last year, as the lure of artificial intelligence changes Silicon Valley deal-making.
Category: Venture Capital
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American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find
A Congressional investigation determined that U.S. funding helped fuel the growth of a sector now viewed by Washington as a security threat.
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After Figma’s $20 Billion Windfall Evaporated, It’s Picking Up the Pieces
Regulatory scrutiny felled the sale of Figma, a design platform, to Adobe. Now it’s grappling with employee expectations and a changing market.
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The Farmers Had What the Billionaires Wanted
In Solano County, Calif., a who’s who of tech money is trying to build a city from the ground up. But some of the locals whose families have been there for generations don’t want to sell the land.
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The Messenger, Which Aimed to Transform Media, Faces Dire Financial Straits
The company, which debuted last year with big plans to disrupt journalism, generated only $3 million in revenue by the end of December.
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The Pentagon Road to Venture Capital
Here is a list of people who have jumped from the Pentagon and other government posts into jobs with venture capitalists that are backing defense technology startups.
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The technological and legal challenges facing artificial intelligence
If 2023 was the year of A.I. awakening, 2024 could be the year of A.I. reckoning.
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Praxis Founder Dryden Brown’s Utopian Visions
Dryden Brown wants Praxis to be a crypto-city for tech bros and tastemakers. Just don’t ask for details.
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From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money
After staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire.
