The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.
“A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
President-elect Donald Trump is tapping the technology sector for key roles, and executives from the venture capital firm Andreessen Horowitz are featuring heavily.
Investors are betting that they can make a dent in global warming, and healthy profits, with companies that alter the atmosphere.
Investors are betting that they can make a dent in global warming, and healthy profits, with companies that alter the atmosphere.
The artificial intelligence start-up’s funding shows investors remain enthusiastic about the A.I. boom.
The opposing paths taken by two powerful firms — Benchmark and Andreessen Horowitz — embody a profound debate about the future of an industry that funds and fosters American innovation.
The serial internet entrepreneur, who co-founded Twitter and created Medium, was turning 50 and feeling detached from friends. Maybe a new start-up could fix that.
Concerns that crypto companies are being purposely cut off from the global banking system have become a political cudgel at an opportune moment for the industry.
Get ready to have that Will Smith song stuck in your head for the rest of the day because the autonomous taxi company Waymo is going to Miami. Yeah, sorry about that. Waymo announced its plans to Miami on its official Waypoint blog. The expansion will …
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