OpenAI’s board of directors is reportedly in talks with Sam Altman, ex-Y Combinator president and an OpenAI co-founder, to return to OpenAI as CEO as soon as this […]
Altman won’t return as OpenAI’s CEO after all
Capping off a tumultuous weekend at OpenAI that culminated in investors — and a contingent of employees — attempting to convince the company’s board to hire back former […]
Refurbished e-bike marketplace Upway raised $30M at a higher valuation
Upway, the French startup that refurbishes and resells electric bikes and recently launched in the U.S., has brought on new funding at a higher valuation than its previous […]
Meet Tanda, your friendly neighborhood savings, lending network
Jesse Chor grew up going with his grandfather and uncles to Montreal’s Chinatown to participate in their tanda collective. That’s an informal peer-to-peer savings and lending network within […]
Sam Bankman-Fried didn’t fool everyone – mostly just the tech elite
Elite investors and others within the tech industry were the main dupes for the FTX crypto scam.
Wholesale marketplace Faire, which raised at a $12.6B valuation last year, lays off 20% of its staff
Wholesale marketplace Faire has laid off 20% of its staff, or about 250 people, as part of a restructuring, according to multiple reports. Business Insider broke the news, […]
Factory wants to use AI to automate the software dev lifecycle
Developer velocity, the speed at which an organization ships code, is often impacted by necessary but lengthy processes like code review, writing documentation and testing. Inefficiencies threaten to […]
Buy now, pay later platform Tabby nabs $200M in Series D funding at $1.5B valuation
The past year and a half have witnessed multiple startups facing valuation cuts as funding from VCs waned in an environment of rising interest rates. In this context, […]
Sequoia faces Congressional scrutiny over investments in China
One of Silicon Valley’s most prominent investment firms will face government scrutiny over its investments in China. Sequoia Capital has received a polite but pointed request from Congress […]
Former Tinder CEO’s startup to fight loneliness with AI chatbot gets backing by Sequoia
Former Tinder CEO Renate Nyborg’s startup Meeno, which aims to fight loneliness through an AI-powered chatbot, announced that it has raised a $3.9 million seed round led by […]