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Max Altman Raises $125 Million For Seed-Stage VC Firm Saga Ventures

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Altman, a Zenefits alum and former investor with brothers Sam and Jack, teamed up with Flexport exec Ben Braverman and two-time founder Thomson Nguyen...

OpenAI Startup Fund quietly raises $15M

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The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across...

Tesla bull Cathie Wood’s $54 million Ark Venture Fund invests in...

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Cathie Wood’s Ark Investment Management has announced that it holds a stake in Silicon Valley artificial intelligence darling OpenAI, a bet that the nascent...

Chinese start-up Moonshot AI raises US$1 billion in funding round led...

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The start-up in October launched smart chatbot Kimi Chat, built on its self-developed Moonshot large language model (LLM), which can process as many as...

OpenAI Reaches $80 Billion Valuation In Venture Firm Deal, Report Says

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Topline OpenAI inked a deal with venture capital firm Thrive Capital that boosted its valuation to $80 billion or more, the New York Times reported,...

Unicorn companies aren’t that special anymore

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ByteDance, SpaceX, and Shein—what do these companies have in common? They’re all “unicorns,” which refers to privately-backed companies with billion-dollar valuations. A decade ago,...

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