In a court filing, Mr. Musk said he and other investors would pull their $97.4 billion bid if OpenAI withdrew its plan to change its structure.
Category: Venture Capital
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Silicon Valley is Embracing Christianity (With the Help of Peter Thiel)
When tech luminaries talk about their Christian faith, people listen.
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Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.
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C. Richard Kramlich, Early Investor in Silicon Valley, Dies at 89
He was among the first backers of Apple Computer and 3Com, earning windfalls, but it was his humaneness that distinguished him from other venture capitalists.
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SoftBank in Talks to Invest Up to $25 Billion in OpenAI
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
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After DeepSeek, Venture Capital Investors Face Questions About Their A.I. Bets
Venture capitalists plowed money into A.I. start-ups like OpenAI and Anthropic. But the rise of the Chinese A.I. start-up DeepSeek has called that funding frenzy into question.
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Anysphere, a Maker of A.I. Coding Software, Raises $100 Million
The company’s Cursor product, which can autocomplete programming code, helped the start-up draw a $2.5 billion valuation.
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Wall St. Is Minting Easy Money From Risky Loans. What Could Go Wrong?
Everyone from Jamie Dimon to the International Monetary Fund is ringing alarms about the shadowy world of private credit. But the money keeps rolling in.
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Silicon Valley Heads to Washington
President-elect Donald Trump is tapping the technology sector for key roles, and executives from the venture capital firm Andreessen Horowitz are featuring heavily.
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Removing Carbon From the Sky Could Be the Next Climate Gold Rush
Investors are betting that they can make a dent in global warming, and healthy profits, with companies that alter the atmosphere.
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Databricks Is Raising $10 Billion, in One of the Largest Venture Capital Deals
The artificial intelligence startup’s funding shows investors remain enthusiastic about the A.I. boom.
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Andreessen Horowitz, Benchmark and the Transformation of Venture Capital
The opposing paths taken by two powerful firms — Benchmark and Andreessen Horowitz — embody a profound debate about the future of an industry that funds and fosters American innovation.