As generative AI touches a growing number of industries, the companies producing chips to run the models are benefitting enormously. Nvidia in particular, which commands an estimated 70% […]
VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market
VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to […]
From Miles Grimshaw to Eva Ho, venture capitalists continue to play musical chairs
When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem […]
From Connie Chan to Ethan Kurzweil venture capitalists continue to play musical chairs
When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem […]
Apple lawsuit behind it, chip startup Rivos plots its next moves
Rivos made headlines in 2022 after Apple filed a trade secrets suit against it, which accused Rivos of hiring away dozens of Apple engineers and using confidential info […]
AI chip startup Groq forms new business unit, acquires Definitive Intelligence
Groq, a startup developing chips to run GenAI models faster than conventional hardware, has an eye toward the enterprise — and public sector. Today, Groq announced that it’s […]