More Business Comms News
Insurance startup Corgi hits $1.3B valuation 4 months after its Series A
Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion.
Microsoft’s AI data center push is colliding with its clean power goals
The push for new data centers at Microsoft is putting its key clean power goals at risk.
Robinhood’s venture fund IPO attracted 150,000+ retail investors, CEO says
Robinhood CEO Vlad Tenev says more than 150,000 retail investors joined the fintech’s new venture fund, which offers exposure to private tech companies like Ope
How Elon Musk left OpenAI, according to Greg Brockman
Cutthroat negotiations between startup founders are rarely shared so publicly, especially when a company becomes as world-changing as OpenAI.
DOJ says ransomware gang tapped into Russian government databases
U.S. prosecutors said a ransomware gang fueled Russian government corruption, and allowed the gang's leaders to avoid paying taxes and dodge the country's milit
A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom
The investment comes as Pronto scales to 26,000 daily bookings and the market heads toward a potential $18 billion size.
Barry Diller trusts Sam Altman. But ‘trust is irrelevant’ as AGI nears, he says.
Barry Diller defended OpenAI CEO Sam Altman, while warning that AGI remains an unpredictable force needing guardrails.
Snap says its $400M deal with Perplexity ‘amicably ended’
The deal, announced last November, would have seen Perplexity's AI search engine integrated directly into Snapchat.
Is xAI a neocloud now?
xAI's real business may be more about building data centers than training AI models.
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