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Today: April 18, 2025
Today: April 18, 2025
Krystal Hu

Krystal Hu

Staff Writer

Latest From Krystal Hu

Business|Science|Technology

A16z eyes leading mega round in former OpenAI CTO’s startup Thinking Machines, sources say

Silicon Valley venture capital firm Andreessen Horowitz is in talks to lead an outsized early stage funding round of former OpenAI chief

A16z eyes leading mega round in former OpenAI CTO’s startup Thinking Machines, sources say
Business|Science|Technology

Alphabet, Nvidia invest in OpenAI co-founder Sutskever's SSI, source says

Alphabet and Nvidia have joined prominent venture capital investors to back Safe Superintelligence (SSI), a startup co-founded by OpenAI's

Alphabet, Nvidia invest in OpenAI co-founder Sutskever's SSI, source says
Business|Economy|Finance|Political|Technology|US

Andreessen Horowitz seeks to raise $20 billion megafund amid global interest in US AI startups

By Krystal Hu, Anna Tong and Kenrick Cai SAN FRANCISCO - Venture capital firm Andreessen Horowitz is seeking to raise about $20 billion in what will be the largest fund in its history, to capitalize

Andreessen Horowitz seeks to raise $20 billion megafund amid global interest in US AI startups
Business|Finance|Science|Technology

AI startup SandboxAQ adds Nvidia, Google as backers, raises additional $150 million

By Krystal Hu SandboxAQ, a startup drawing on quantum computing techniques to develop quantitative artificial intelligence models for enterprises, said it has raised $150 million from new investors

AI startup SandboxAQ adds Nvidia, Google as backers, raises additional $150 million
Business|Economy|Finance|Technology|US

OpenAI must complete for-profit transition by year-end to raise full $40 billion

OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank it is in the final stages of

OpenAI must complete for-profit transition by year-end to raise full $40 billion
Business|Economy|Finance|Stock Markets|Technology|US

CoreWeave valued at $23 billion in muted Nasdaq debut

CoreWeave's shares closed flat after opening nearly 3% below their offer price in its Nasdaq debut on Friday, giving the Nvidia-

CoreWeave valued at $23 billion in muted Nasdaq debut
Business|Economy|Political|Technology|US

VC firm Eclipse taps former Trump trade advisor to lead policy 

Venture capital firm Eclipse has hired former Trump administration trade advisor Thomas Storch as its first head of policy and government affairs, the latest Silicon Valley

Business|Science|Technology

Former Cruise CEO Vogt's robotics startup valued at $2 billion in new funding, sources say

Kyle Vogt, former CEO of self-driving car company Cruise, has raised $150 million in a new funding round led by Greenoaks for his robotics startup

Former Cruise CEO Vogt's robotics startup valued at $2 billion in new funding, sources say
Business|Finance|Political|Technology|US

Google's $32 billion deal for Wiz accelerated under Trump, sources say

Less than a year after Google's plans to acquire Israeli cybersecurity firm Wiz fell apart, executives were able to ink a deal in a flurry of

Google's $32 billion deal for Wiz accelerated under Trump, sources say
Business|Economy|Finance|Stock Markets|Technology

Alphabet's $32 billion Wiz deal promises windfall for VC backers

The venture capital firms that invested in cybersecurity firm Wiz, which agreed to a $32 billion buyout by Google's parent Alphabet, stand to reap returns as high as 200 times

Alphabet's $32 billion Wiz deal promises windfall for VC backers
Business|Finance|Technology|US

Alphabet to buy Wiz for $32 billion in its biggest deal to boost cloud security

Alphabet will buy fast-growing startup Wiz for about $32 billion in its biggest deal ever, the Google parent said Tuesday, as it doubles down on

Alphabet to buy Wiz for $32 billion in its biggest deal to boost cloud security
Business|Economy|Finance|Technology|US

Alphabet back in talks to buy Israel's Wiz for over $30 billion, source says

Google-parent Alphabet is in advanced negotiations to buy Israeli cybersecurity company Wiz with an offer of more than $30 billion, according to a source

Alphabet back in talks to buy Israel's Wiz for over $30 billion, source says

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