Rodney Brooks, famous for the Roomba, argues the humanoid robot craze in Silicon Valley is doomed to fail.
Category: Venture Capital
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Kalshi, a Prediction Market, Raises $1 Billion in New Round
The fund-raising effort, the company’s third this year, values it at $11 billion, and comes amid stiff competition in the increasingly popular industry.
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Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends
David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.
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Kim Kardashian’s Skims Is Worth an Extra Billion Dollars
The apparel giant is now valued at $5 billion after a new fund-raising round, as it continues to grow its business.
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The 20-Somethings Who Raised $121 Million to Build Military Drones
Neros, a company founded in 2023 by former teenage drone racers, won a coveted Army contract and is gaining popularity in the defense sector.
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Gamma, a PowerPoint for the A.I. Era, Raises $68 Million
The five-year-old start-up, which has just 52 employees and is profitable, is now valued at $2.1 billion by investors including Andreessen Horowitz.
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Donald Trump Jr. Pitches ‘Patriotic Capitalism’ at Saudi Summit
His firm, 1789 Capital, has been investing in artificial intelligence and defense technology — and, he said, it has an “understanding” of President Trump’s plans.
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Whatnot Raises $225 Million as Investors Bet on Livestream Shopping
The start-up is among the biggest names in a fast-growing part of e-commerce that is effectively a kind of QVC for the TikTok era.
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Silicon Valley Has China Envy, and That Reveals a Lot About America
The fascination with China’s ability to build things America struggles with, from bridges to advanced tech, risks a dangerous miscalculation about what drives China.
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The Tech Right Gets Its Own Phyllis Schlafly
Katherine Boyle, an influential venture capitalist who is a friend of the vice president, thinks the country’s path forward involves cultural conservatism and more weapons production.
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The Rules of Investing Are Being Loosened. Could It Lead to the Next 1929?
A group of financiers is trying to convince the public to invest heavily in private equity and crypto — a risky gambit with some real 1920s vibes.
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Kalshi, a Fast-Growing Prediction Market, Raises New Funds
The fund-raising round comes as online prediction marketplaces gain mainstream prominence.