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SILICON VALLEY INVESTMENTS
In 2010, Ashton Kutcher helped launch a $30 million investment fund; 6 years later, its portfolio had grown to $250 million through bets on Uber and AirbnbKutcher became a widely known actor through films and television shows. After getting famous, his interest in business also grew gradually....- Andreessen Horowitz lays off majority of portfolio recruiting teamIn a surprising operational pivot, Andreessen Horowitz, a leading venture capital player in Silicon Valley, has downsized its recruiting te...
- Mark Zuckerberg and wife Priscilla Chan pay $57 million for 16,000-square-foot Gothic-style Strancally Castle in Ireland’s County WaterfordMark Zuckerberg and Priscilla Chan recently acquired Strancally Castle in County Waterford for over €51 million. This purchase is the highe...
- Skyroot eyes funding boost; MDR deferment cheers D2C brandsHappy Thursday! Skyroot is eyeing a big funding round as it gears up to scale rocket production. This and more in today’s ETtech Morning Di...
- India first, orbit next: Skyroot eyes $300 million dual valuation planSkyroot is in talks with Indian family offices to raise $150 million at a valuation of $2.3-2.5 billion, while the company is seeking to mo...
- Guinness look of Zuckerberg recordedMark Zuckerberg recently appeared on a podcast where he attempted to drink a pint of Guinness. His efforts to seem cool were met with amuse...
- Meta says its new AI models on par with OpenAI, AnthropicMeta on Monday unveiled two new "frontier" artificial intelligence models called Wonder and Wonder Full, which the company claims perform a...
- Meta releases Muse Wonder AI models to challenge Anthropic and OpenAIThe launch comes after CEO Mark Zuckerberg pledged billions of dollars and aggressively poached researchers over the past year to catch up ...
- US Market: Four warning signs that bond selling could intensifyUS Treasury yields have hit two-decade highs, driven by Middle East conflict risks and fiscal concerns. Key indicators including rising opt...
- Fired security researchers accuse OpenAI of 'chilling' safety effortsThree former OpenAI security researchers on Thursday accused the ChatGPT-maker of firing them for warning about the dangers of artificial i...
- How 12-year-old Erik Finman turned a $1,000 Bitcoin (BTC USD) investment in 2011 into $1.09 million by age 18At just 12, Erik Finman invested a $1,000 gift from his grandmother in Bitcoin in 2011. By age 18, he owned 403 bitcoins valued at $1.09 mi...
- Tech companies tap debt, equity to fund AI and cloud expansionMajor tech giants like Alphabet and Amazon are gearing up for significant debt offerings aimed at bolstering their AI capabilities. Meanwhi...
- ETtech Q&A: From Anthropic to OpenRouter, Menlo Ventures' Matt Murphy and Venky Ganesan on how the firm bets on AIPartners Matt Murphy and Venky Ganesan on the Anthropic bet, life beyond it, where the firm is putting its money now, and why India's AI fu...
- Silicon Valley companies discuss simpler GST, customs rules with CBICCBIC chairman Vivek Chaturvedi met a delegation led by Shefali Goradia, chairperson, Deloitte, South Asia and the Silicon Valley Tax Direct...
- Jeff Bezos' ex-wife MacKenzie Scott gave $30 million to Silicon Valley housing group; here’s how her mega donation could help create affordable homes across the Bay AreaMacKenzie Scott has made headlines by donating $30 million to Housing Trust Silicon Valley, a game-changing support for the nonprofit. This...
- Broadcom starts amassing $60 billion to fund chips for Anthropic: ReportBanks involved in the massive debt package are poised to send out syndication letters for a $42 billion Class A senior-secured tranche, the...
- CScale raises $145 million for AI networking, with backing from Nvidia and IntelThe Silicon Valley startup, backed by Nvidia and Intel, is developing technology to replace copper links inside AI data-centre servers with...
- In 1999, Ron Conway backed Google before its IPO. 5 years later, the search giant went public at a $23 billion valuationRon Conway heard about Google when it was still a Stanford project. The idea interested him, but getting close to the founders took months....
- What is Silicon Valley’s ‘whisper network’? Private list shared among women names ‘over 100’ alleged sexual predators, including ‘prominent investors and businessmen’Women in Silicon Valley’s tech space have created a hidden document cataloging alleged sexual predators in Silicon Valley. This private net...
- Seligman Ventures doubles capital to $1 billion as AI boom revives hardware betsSeligman Investments has doubled the deployable capital of its venture arm to $1 billion less than a year after launching it, betting that ...
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