Category: Venture Capital

Silicon Valley Venture Capitalists Pledge to Support Kamala Harris

The group, including Democratic donors such as Reid Hoffman and Vinod Khosla, has been organized under an effort called VCsForKamala.
Elon Musk, Reid Hoffman and Other Tech Billionaires Brawl Over Politics

Elon Musk, Reid Hoffman and other tech billionaires, many of whom are part of the “PayPal Mafia,” are openly brawling with one another over politics as tensions rise.
In Silicon Valley, Democrats Are Invigorated by Biden’s Withdrawal

Elon Musk, Marc Andreessen and others have endorsed Donald J. Trump. But President Biden’s withdrawal has re-energized Democrats across the tech industry and may blunt that momentum.
From the Playing Field to Wall Street

For more than 200 pro athletes, the boutique investment firm Patricof Co. is opening the door to the private equity market.
J.D. Vance’s A.I. Agenda: Reduce Regulation

Donald Trump’s vice-presidential pick has indicated he favors a hands-off approach to A.I. but also wants to increase scrutiny of the biggest tech firms in the field.
The End of the Affair? Not for Eric Schmidt.

While Mr. Schmidt was chief executive of Google, he had an extramarital relationship with Marcy Simon, a public relations executive. A decade after they split, things are still messy.
Investors Pour $27.1 Billion Into A.I. Start-Ups, Defying a Downturn

Funding for A.I. firms made up nearly half the $56 billion in U.S. start-up financing from April to June, according to PitchBook.
Mistral, a French A.I. Start-Up, Is Valued at $6.2 Billion

Created by alumni from Meta and Google, Mistral is just a year old and has already raised more than $1 billion from investors, leading to eye-popping valuations.
Donald Trump’s Budding Bromance with Tech Moguls

A week after his criminal conviction, the former president was in deep-blue San Francisco raising money from some of Silicon Valley’s best-connected entrepreneurs and investors.
How the Humane AI Pin Flopped

Humane’s Ai Pin was supposed to free people from smartphones, but sales have been slow. Now Humane is talking to HP and others about a potential sale.
Elon Musk’s xAI Raises $6 Billion

Mr. Musk, who founded xAI last year, has said the business “still has a lot of catching up to do” as it looks to compete with well-funded companies like OpenAI.
Ampla, a Lender to Consumer Brands, Faces Financial Struggles

Ampla, which lent money to smaller businesses that sold clothing, home furnishings and other items directly to consumers, is struggling financially and seeking a buyer.