AI storage platform Vast Data aimed for $25B valuation in new round, sources say
The AI-friendly data storage startup is raising capital at a giant leap in valuation.
Vijay Pande, founding partner of a16z bio and health strategy, steps down
Since its founding in 2014, a16z Bio+ Health has raised four funds of nearly $3 billion each, including a $1.5 billion fund that closed in 2022.
OpenAI’s open model is delayed
OpenAI was targeting an early summer release date for its open model, which is slated to have similar “reasoning” capabilities to OpenAI’s o-series of models.
Proxima Fusion joins the club of well-funded nuclear contenders with €130M Series A
Commercial nuclear fusion power isn’t a reality yet. But venture capital is flowing into startups that promise that clean, safe, and virtually limitless energy is no longer just a distant dream. Most fusion companies that …
Sam Altman thinks AI will have ‘novel insights’ next year
In a new essay published Tuesday called “The Gentle Singularity,” OpenAI CEO Sam Altman shared his latest vision for how AI will change the human experience over the next 15 years. The essay is a …