Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge
Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to
Strava eyes IPO as Gen Z trades dating apps for running clubs
Strava, the 16-year-old fitness tracking app, is gearing up to go public, the Financial Times reports. CEO Michael Martin told the FT that the San
Thinking Machines Lab co-founder Andrew Tulloch heads to Meta
Thinking Machines Lab, the AI startup led by former OpenAI CTO Mira Murati, has lost one of its co-founders to Meta. The Wall Street Journal
The fixer’s dilemma: Chris Lehane and OpenAI’s impossible mission
Chris Lehane is one of the best in the business at making bad news disappear. Al Gore’s press secretary during the Clinton years, Airbnb’s chief
Shutdown silver lining? Your IPO review comes after investors buy in
In a development born of the government shutdown, the SEC announced Thursday that companies can proceed with IPOs using an obscure automatic approval process, now
OpenAI’s affordable ChatGPT Go plan expands to 16 new countries in Asia
OpenAI is rapidly expanding its affordable ChatGPT Go plan, which costs under $5, to 16 new countries across Asia. The subscription tier is now available
Revolut aims to take on Indian banks and their ‘criminal’ forex fees
British fintech Revolut — now launching in India — says cross-border payments remain one of India’s most underserved financial services. By its estimate, Indians spend
Deloitte goes all in on AI — despite having to issue a hefty refund for use of AI
Deloitte is rolling out Claude to its nearly 500,000 employees after issuing a refund for a report that contained AI hallucinations. Source link
Heidi Health raises $65M Series B led by Steve Cohen’s Point72
Dr. Tom Kelly is a trauma surgeon, and everywhere, he sees doctors drowning in administrative work. He wanted change, so he set out to build
A breach every month raises doubts about South Korea’s digital defenses
South Korea is world-famous for its blazing-fast internet, near-universal broadband coverage, and as a leader in digital innovation, hosting global tech brands like Hyundai, LG,