Ashton Kutcher leaving Sound Ventures to launch new VC firm with Morgan Beller
Sound built its reputation on concentrated, high-conviction bets in category-leading AI labs, while Kutcher’s new fund appears to…
Wayve launches $85M employee tender offer at $8.5B valuation
Wayve’s offering is part of a growing trend of AI startups using employee tenders as a strategic tool…
Arena, the AI leaderboard everyone uses, is now a $100M business
The startup, which runs a popular free AI leaderboard, launched its commercial service just last September.
Patronus AI lands $50M to build ‘digital worlds’ that stress-test AI agents
Agent testing startup Patronus AI, founded by former Meta AI researchers, is experienced nearly insatiable demand, its investor…
AI was supposed to kill engineering jobs, but new data suggests they’re the most resilient
While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according…
Source: Elastic agrees to buy CRV-backed DeductiveAI for up to $85M
DeductiveAI, a startup that uses AI to catch and resolve bugs in software, was founded just three years…
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…