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In a victory for Palmer Luckey, Meta and Anduril work on mixed reality headsets for the military

On Thursday, Anduril and Meta announced news that feels like a fairy tale ending for Anduril co-founder Palmer Luckey. The two companies are working together to build extended reality (XR) devices for the U.S. military, Anduril announced in a blog post. “I am glad to be working with Meta once again,” Luckey is quoted as […]
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Sam Altman’s goal for ChatGPT to remember ‘your whole life’ is both exciting and disturbing

OpenAI CEO Sam Altman laid out a big vision for the future of ChatGPT at an AI event hosted by VC firm Sequoia earlier this month.  When asked by one attendee about how ChatGPT can become more personalized, Altman replied that he eventually wants the model to document and remember everything in a person’s life. […]
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One of Elon Musk’s longtime VCs is suing his former employer after allegedly being fired

Josh Raffaelli, who has deep roots as a Silicon Valley investor and has backed a number of Elon Musk companies, is suing his former employer, the massive trillion-dollar AUM Brookfield Asset Management, reports The New York Times.  Much of Raffaelli’s complaint concerns how Brookfield covered pandemic-related real estate losses and alleges the company fired him […]
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Rork’s founders were almost broke when a viral tweet led to $2.8M and a16z

Rork founders Levan Kvirkvelia and Daniel Dhawan are living a life that sounds like a plot for a movie. But it really happened.  They went from broke, life savings spent, and in debt $15,000 apiece on credit cards — Kvirkvelia was even sleeping on a mattress at a friend’s apartment — to $100,000 of revenue […]
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38 consumer startup founders lobby over Trump tariffs: One faces a surprise $200K bill

Small businesses could be crushed under President Trump’s increased tariffs, according to an open letter by 38 female consumer product founders. While Trump paused his tariff increases for 90 days for various countries — setting the rate at 10% for now — China’s was raised to 145%, which includes the previous 20% levy. In the letter, […]
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More good news for New York startups: Lerer Hippeau raised another $200M

New York’s A-list venture capital seed fund, Lerer Hippeau, announced on Wednesday that it closed a ninth $200 million fund. That’s a step up from its eighth fund, which closed at $140 million, it said. With the new fund, Lerer Hippeau has $1.4 billion of assets under management. Since its inception in 2010, Lerer Hippeau […]
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Federal judge allows the EFF’s lawsuit against DOGE and Elon Musk to proceed

A federal judge ruled on Thursday that a lawsuit attempting to stop the Department of Government Efficiency from obtaining records on millions of Americans may proceed. In conjunction with privacy watchdog the Electronic Frontier Foundation and two labor unions, more than 100 current and former federal employees sued DOGE, the U.S. Office of Personnel Management […]
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