Early-stage venture firm A* on Tuesday announced a $450 million Fund III. The firm takes a generalist approach, backing companies across categories including AI applications, fintech, healthcare, and security.The average check size for this fund will be between $3 million...
Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, has filed for bankruptcy and is widely reported to have shut down. The startup was part of Y Combinator’s winter 2019 cohort, and its Series A...
On Wednesday, xAI and Anthropic announced a surprise partnership that has the Claude-maker buying out “all of the compute capacity at Colossus 1 data center,” roughly 300MW that allowed Anthropic to immediately raise its usage limits. It’s a huge deal...
You’ve seen this comic before: An anthropomorphic dog sits smiling, surrounded by flames, and says, “This is fine.” It’s become one of the most durable memes of the past decade, and now AI startup Artisan seems to have incorporated it...
Nvidia has laid a new brick in its AI empire. NVentures, its corporate VC fund, has backed Legora, reportedly its first legal AI investment. Leveraging AI to help lawyers streamline their work, the Swedish-born legal tech startup is competing with...
Letterboxd has surged in popularity in recent years. Once a niche site for only the most fervent of film nerds, the site — which allows users to rate, review, and recommend movies to one another — has continued to add...
Series, a social networking app, announced that it raised a $5.1 million pre-seed round, with investors including Venmo co-founder Iqram Magdon-Ismail, Pear VC, Reddit CEO Steve Huffman, and GPTZero founder Edward Tian. The company was founded early last year by...
After 15 years at the helm, Tim Cook is stepping down as CEO of Apple and handing over the reins to the company’s senior vice president of hardware engineering, John Ternus. Cook, who joined Apple in 1998, succeeded Steve Jobs...
Longtime venture capitalist Ron Conway said Friday that he was “recently diagnosed with a rare form of cancer.” In a post on X, Conway wrote that he “will be stepping back from some of my usual activities,” but he will...
Monarch Tractor’s assets have been acquired by construction giant Caterpillar, after struggling to pivot to a software services business, according to filings with the United States Patent and Trademark Office. The acquisition, first reported by Bloomberg, caps a few tough...
