Founded by ex-Google employees, the Silicon Valley company is among the few start-ups poised to compete with OpenAI, the creator of ChatGPT.
Category: Venture Capital
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48 Hours Till Payroll, $200,000 to Go: Diary of a Bank Failure
The collapse of Silicon Valley Bank set major financial disruptions in motion. It also made one founder’s week a scramble.
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Silicon Valley Bank’s Deep Ties to the Tech Industry
More than many other banks, SVB catered to how risky tech start-ups and their backers do not adhere to normal business practices.
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Stripe Raises New Funding That Values It at $50 Billion
The payments processing start-up was valued at $95 billion in 2021, but private company dealmaking has been hurt by souring global economic conditions.
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How Silicon Valley Bank Sparked Global Financial Panic
While its C.E.O. extolled innovation and the future of tech, Silicon Valley Bank paid less attention to risk management and was caught flat-footed by economic change.
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AI Funding Frenzy Escalates
In just weeks, a gold rush into artificial intelligence start-ups has become a full-blown mania.
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3 Lessons From Silicon Valley Bank’s Failure
Here’s one takeaway: The bank’s extremely online clientele may have contributed to its downfall.
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Silicon Valley Bank Collapse Sets Off Blame Game Between Crypto and Tech
The implosion of the Silicon Valley bank led to finger-pointing, as executives and investors jumped on the crisis for their own messaging.
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Silicon Valley Bank’s Collapse Causes Start-Up Chaos
Young companies raced to get their money out of the bank, which was central to the start-up industry. Some said they could not make payroll.
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Genetically Modified Trees Planted in U.S. Forest for First Time
Living Carbon, a biotechnology company, hopes its seedlings can help manage climate change. But wider use of its trees may be elusive.
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‘The World’s Largest Construction Site’: The Race Is On to Rebuild Ukraine
As the country’s leaders lay postwar plans, companies from around the world are jockeying for advantage in what could be a multibillion-dollar effort, although one loaded with risk.