VCs are spending gobs of money on AI startups – especially those run by big names in tech – so SandboxAQ is putting its hand out again, even though it raised a whopping $ 500 million in early 2023. The spinout from Google parent company Alphabet is reportedly seeking to raise another round that would […]
Generative AI coding startup Magic lands $320M investment from Eric Schmidt, Atlassian and others
Magic, an AI startup creating models to generate code and automate a range of software development tasks, has raised a large tranche of cash from investors, including ex-Google CEO Eric Schmidt. In a blog post on Thursday, Magic said that it closed a $ 320 million fundraising round with contributions from Schmidt, as well as […]
Video of Eric Schmidt blaming remote work for Google’s woes mysteriously vanishes
Former Google CEO Eric Schmidt, who has since moved on to greener and perhaps more dangerous pastures, told an audience of Stanford students recently that “Google decided that work-life balance and going home early and working from home was more important than winning.” Evidently this hot take was not for wider consumption, as Stanford — […]
17-year-old Eric Zhu’s startup was built in a high school bathroom — now it’s raised $2.3M and is emerging from stealth
Eric Zhu started building Aviato, an analytical platform for private market data, in a very typical place for an entrepreneur: the bathroom in his Carmel, Indiana, high school. Now the 17-year-old’s startup is emerging from stealth with $ 2.3 million in venture funding. Aviato tracks funding rounds and headcount, similar to competitors like Crunchbase and PitchBook, […]
Billionaire Groupon founder Eric Lefkofsky is back with another IPO: AI health tech Tempus
Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. The serial entrepreneur, whose net worth is estimated at nearly $ 4 billion, has already taken three businesses he’s founded public. Today he’s the founder of Tempus, a genomic testing and data analysis company preparing to IPO. […]