In Thrive Capital’s first-ever investor letter, founder Joshua Kushner has some unexpected things to say about his venture capital rivals on the West Coast. “It…
Author: Julie Bort
Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation. |
There’s a funny kind of game that the latest of late-stage startups must play when raising money. They often have to sell more shares than…
AI coding startup Cognition reportedly already in talks to raise at $40B valuation |
In Brief Posted: 11:19 AM PDT · August 12, 2026 Cognition, makers of the AI coding agent Devin, is reportedly already talking to investors about…
Lovable confirms new $13.3B valuation, raises another $400M |
9:04 AM PDT · August 12, 2026 Europe’s favorite vibe-coding startup Lovable has confirmed previously reported whispers that it was raising another mega round at…
General Catalyst leads $1.1B round into 2-month-old River AI |
River AI, an AI startup founded by xAI co-founder Igor Babuschkin, has secured $1.1 billion in funding in a seed/Series A round led by General…
Tech industry is buzzing after a Claude agent hacked into a gym |
By now, we all realize that Silicon Valley’s AI labs have built the world’s best hackers in the form of AI agents. Give the latest…
After Rippling blew millions on AI in months, it built an employee ROI tool |
HR software provider Rippling this week unveiled AI Spend Console, an anti-tokenmaxxing product that helps a company track and contain its AI spending. One of…
Defense tech Hadrian raises $1.37B at $8B valuation |
In Brief Posted: 12:02 PM PDT · August 6, 2026 Defense tech Hadrian announced on Thursday that it had raised a fresh $1.37 billionround at…
Trump's DOJ gains oversight of OpenAI’s green-card employee sponsorships |
2:05 PM PDT · August 5, 2026 The Justice Department’s Civil Rights Division announced on Wednesday that OpenAI, and its once-subsidiary Statsig, signed a settlement…