Since its founding in 2014, a16z Bio+ Health has raised four funds of nearly $3 billion each, including a $1.5 billion fund that closed in 2022.

Linear, an enterprise software maker that competes with many of Atlassian's products, announced that it raised $82 million in a Series C funding round led by Accel.

Glean announced on Tuesday that is raised a $150 million Series F led by Wellington Management at a $7.2 billion valuation.

Mark Zuckerberg is hand-picking top researchers and engineers to join an upcoming AI research lab dedicated to “superintelligence," and Scale AI's Alexandr Wang is on the list.

Early-stage AI startups are imbuing new life into San Francisco’s Northern Waterfront, after years of "for lease" signs dotting the post-pandemic landscape.

Turing Award winner Yoshua Bengio is launching a nonprofit AI safety lab called LawZero to build safer AI systems, he told the Financial Times on Monday. LawZero raised $30 million in philanthropic contributions from Skype founding engineer Jaan Tallinn, former Google chief Eric Schmidt, Open Philanthropy, and the Future of Life Institute, among others. The […]

Delaware's attorney general is hiring an investment bank to advise on OpenAI's for-profit conversion.

Heron Power is developing solid-state transformers, which promise to be more compact and responsive than the century-old analog models.

Discord is entering its second decade as a company and is seeking to go public. Along the way, it’s changed the way that online communities interact, turning groups that may have previously existed as forums or message boards into multi-channel instant message servers. Now, everything finds a home on Discord, whether it’s an AI platform […]

LM Arena, a crowdsourced benchmarking project that major AI labs rely on to test and market their AI models, has raised $100 million in a seed funding round that values the organization at $600 million, according to Bloomberg. Andreessen Horowitz (a16z) and UC Investments, which manages an investment portfolio for the University of California, led the […]

Just a few weeks after the U.S. and China made significant steps to de-escalate the growing trade war between the two countries, tensions are flaring again — this time over semiconductors. China’s Commerce Ministry in Beijing released a statement on Wednesday that threatened legal action against anyone who enforces U.S. export restrictions on Huawei’s AI chips, […]

The Department of Justice announced Eric Council Jr. was sentenced to 14 months in prison for the hack.

Manus AI is one of the hottest AI agent startups around, recently raising $75 million at a half-billion-dollar valuation in a round led by Benchmark. But two unnamed sources told Semafor that the investment is now under review by the U.S. Treasury Department over its compliance with 2023 restrictions on investing in Chinese companies. Benchmark’s […]

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 […]

Sankaet Pathak’s last startup, fintech Synapse, filed for bankruptcy in 2024 amid issues with partner Evolve Bank & Trust. Tens of millions of dollars in deposits made by consumers, mostly customers of fintechs that worked with Synapse, remain unaccounted for. Yet according to The Information, Pathak is reportedly moving full steam ahead on attempts to […]

Meta has chosen Robert Fergus to lead its Fundamental AI Research (FAIR) lab, according to Bloomberg. Fergus had been working at Google DeepMind as a research director for roughly five years, per his LinkedIn. Prior to Google, he worked as a researcher scientist at Meta. Meta’s FAIR, which has been around since 2013, has faced […]

OpenAI is introducing a new data residency program in Asia, the company announced Thursday, following the rollout of its data residency program in Europe in February. The new program, which is available for OpenAI’s ChatGPT Enterprise, ChatGPT Edu, and the OpenAI API, aims to help Asia-based organizations meet local data sovereignty requirements while using the […]

Chinese tech conglomerate Huawei is looking to take on semiconductor behemoth Nvidia with a new advanced AI chip. Huawei is making progress developing its latest Ascend AI GPU, the Ascend 910D, according to the Wall Street Journal, citing sources familiar. The company has been reaching out to other Chinese firms to find test partners, the […]

YouTube’s support team is experiencing an outage, too. The company says the widespread power outages in Spain and Portugal have knocked some of YouTube’s customer support team offline, including those who offer support in related European languages. The company did not share how many employees are unable to work because of the outages, or how […]

Temu is adding “import charges” of around 145% in response to President Donald Trump’s tariffs on goods shipped from China, CNBC reports. The fees cost more than the products that U.S. consumers are buying, and in some cases are more than doubling the price of a standard order. For example, CNBC found that a summer […]