Jeff Bezos’s Prometheus raises $12B to build an ‘artificial general engineer’ for the physical world
The new round values the physical AI startup that aims to automate heavy engineering and drug design at…
SpaceX SPV investors won’t know their true holdings until post-IPO lock-ups lift
After SpaceX makes its public debut, lower-tier SPV investors face hidden fees, lengthy payout delays, and the risk…
How Justin Ernest invested nearly $400M into hot startups without a traditional VC fund
Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network…
How Justin Ernest invested nearly $500M into hot startups without a traditional VC fund
Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network…
Mercor’s Brendan Foody calls out Sequoia over ‘dual-pricing’ valuation tricks
Sequoia is just one of the top firms that sells same equity at two different prices.
Ahead of its IPO, Anthropic’s Daniela Amodei shrugs off doubts about AI’s returns
The AI giant’s co-founder explained why the company may tap the public market for capital and why tokenmaxxing…
Cyera eyes $12B valuation at 80x ARR multiple despite operating losses
The cybersecurity company is nearing a $300 million round led by Evolution Equity Partners.
Glean’s top line crosses $300M as AI budget-cutting becomes its major selling point
The enterprise AI search startup tripled its annual revenue even as tech giants entered the category.
What ClickUp’s mass layoff tells us about the future of work
The nine-year-old startup is replacing hundreds of employees with thousands of AI agents.
How VCs and founders use inflated ‘ARR’ to crown AI startups
Some AI startups are stretching traditional revenue metrics when talking about progress publicly. And their investors are fully…