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Nextdoor’s Nirav Tolia thinks he can turn things around with AI; he has a lot riding on it

17 February 2025 at 14:11

Social media is often about scale, but Nextdoor bet long ago on something different: that it could grow a big business off smaller, local communities. For years, the plan worked. The 15-year-old company has long been a dominant platform for neighborhood-based conversations, connecting users for everything from lost pet alerts to local business recommendations. Then […]

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Can sim drivers make the shift to F1? Max Verstappen thinks so

16 February 2025 at 16:43

Motorsports have long been a pay-to-play arena, with young drivers spending thousands of dollars just to get started in karting. Four-time Formula One champion Max Verstappen knows this all too well, but he also sees a way to change it through sim racing, a virtual form of car racing that closely replicates real-world racing. It’s […]

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Death of OpenAI whistleblower deemed suicide in new autopsy report

15 February 2025 at 21:11

Suchir Balaji, a former OpenAI employee, was found dead in his San Francisco apartment on Nov. 26; on Friday, the city’s medical examiner ruled his death a suicide, countering suspicions by his family that had fueled widespread speculation online. Balaji made headlines in October when he accused OpenAI of illegally using copyrighted material to train […]

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xAI’s “Colossus” supercomputer raises health questions in Memphis

15 February 2025 at 10:53

Elon Musk’s AI startup xAI plans to continue using 15 gas turbines to power its “Colossus” supercomputer in Memphis, Tennessee, according to an operating permit with the Shelby County Health Department for non-stop turbine use from June 2025 to June 2030. Why does it matter? The Commercial Appeal, a news outlet that obtained the documents, […]

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DeepSeek founder Liang Wenfeng receives a hero’s welcome back home

2 February 2025 at 19:19

DeepSeek founder Liang Wenfeng is being hailed as a hero in the southern Chinese province of Guangdong, where he grew up and reportedly returned for the Lunar New Year, joined by bodyguards. Wenfeng — who, at 40, is already a billionaire due to his hedge fund, High-Flyer — is apparently even more beloved by locals […]

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Dub: The copy trading app that has teens talking

2 February 2025 at 10:00

Social media changed everything, from news consumption to shopping. Now, Dub thinks it can do the same for investing through an influencer-driven marketplace where users can follow the trades of top investors with a few taps. Think of it as TikTok meets Wall Street. Founded by 23-year-old Steven Wang — a Harvard dropout who began […]

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Real estate firms pivot to energy development amid booming data center demand

25 January 2025 at 16:33

Brendan Wallace has a lot on his mind lately. Wallace is the co-founder of Fifth Wall Ventures, a 9-year-old proptech venture firm with $3.2 billion in assets under management. He’s also a homeowner in L.A., which continues to battle raging wildfires. While his place remains intact, many of his friends haven’t been so lucky.  Wallace […]

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Wall Street banks plan sale of X debt at a discount

24 January 2025 at 20:42

Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 billion in 2022, including $13 billion in financing. Morgan Stanley is leading the charge, hoping to sell senior debt at between 90 and 95 cents on the dollar, reports the WSJ.  As notes the outlet, […]

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At the Microsoft Excel World Championship, selfies and a ‘hype’ tunnel

20 January 2025 at 13:49

An arena. A hype tunnel, the kind through which NBA players typically streak. A competitor dressed in a jersey patterned with a six-pack abs. In a new piece, The New York Times takes readers to an event that organizers call the Microsoft Excel World Championship, a 40-minute, Las Vegas-based competition featuring 12 contestants — all […]

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This MIT spinout wants to spool hair-thin fibers into patients’ brains

16 January 2025 at 09:00

You can’t start a company without a healthy dose of daring, and that’s certainly the case with NeuroBionics. The MIT-spinout thinks it could one day improve the lives of millions of people who live with neurological conditions like depression, epilepsy, and Parkinson’s disease.  Famed investor Steve Jurvetson of Future Ventures says that if everything goes […]

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The CIA’s first CTO, Nand Mulchandani, prepares for the Trump administration

13 January 2025 at 12:53

In April 2022, the CIA decided to swipe right on Nand Mulchandani, appointing him as its first-ever chief technology officer. It was a good look for the CIA. Mulchandani, who previously served as the CTO and acting director of the Defense Department’s Joint Artificial Intelligence Center, is something of a rare breed in Washington. Before […]

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People are playing a new DOOM-themed CAPTCHA

1 January 2025 at 10:06

CAPTCHA programs that are used to determine whether a site visitor is a person or a bot come in pretty standard formats. Think text distortion (where users type the characters they see in a box amid other squiggles); image recognition (you’re selecting, say, all the squares in a grid with a bicycle image); and checkbox […]

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Robinhood, already a ‘comeback’ stock, has even more aggressive plans for 2025

1 January 2025 at 08:00

Robinhood CEO Vlad Tenev has a lot to celebrate this holiday season. After a bumpy few years following Robinhood’s 2021 IPO — a period during which shares of the commission-free trading app plummeted by more than 90% after it abruptly restricted trading in some meme stocks — the 12-year-old company was just declared Yahoo Finance’s […]

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Nvidia’s next move: Powering humanoid robots

29 December 2024 at 16:15

The chipmaking giant Nvidia is leaning more heavily into robotics in 2025. More specifically, in the first half of the new year, confirms the Financial Times, Nvidia is launching a new generation of compact computers for humanoid robots called Jetson Thor. The move, which was expected, is part of an evolving, years-long strategy. Nvidia doesn’t […]

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GV, the VC team backed by Google, has a broad remit, but it can’t do one thing

25 December 2024 at 09:22

David Krane is in an enviable position. As the CEO of GV, the venture firm that is funded entirely by Google to the tune of $1 billion a year, his team of roughly 100 gets to make a lot of bets — with just a couple of notable restrictions. During a TechCrunch StrictlyVC event in […]

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Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year

19 December 2024 at 21:00

The writing was on the wall, seemingly.  Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics […]

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Lina Khan’s FTC era ends; Andrew Ferguson named chair

10 December 2024 at 20:00

Andrew Ferguson, one of two Republican FTC commissioners appointed by U.S. President Joe Biden, will be the country’s next FTC chair, incoming president Donald Trump announced Tuesday on social media. The news is being met with relief in some circles. Current FTC Chair Lina Khan was blamed by many in Silicon Valley for a dearth […]

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Lead Edge is increasingly steering its 700+ investors away from VC deals

8 December 2024 at 09:00

Mitchell Green worked variously in investment banking, as an analyst with Bessemer Venture Partners, and for a hedge fund backed by Tiger Management before striking out on his own in 2011. Going it alone was seemingly the right move. Green now manages money for more than 700 individuals who have committed $5 billion to his […]

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Silicon Valley hitters take over Trump transition team: “a dozen Musk allies”

6 December 2024 at 22:49

About a “dozen Musk allies” have put a pin in their daily routines to serve as unofficial advisers to the Trump transition effort, says the New York Times.  Among them, reports the outlet: Jared Birchall, the head of Elon Musk’s family office, has interviewed a few candidates for jobs at the State Department; Marc Andreessen […]

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Chainalysis permanently parts ways with its founding CEO

5 December 2024 at 05:00

Michael Gronager, the co-founder and longtime CEO of Chainalysis, has agreed to leave the company permanently, two months after taking a temporary personal leave of absence. Chainalysis, a buzzy 10-year-old, New York-based blockchain data platform, will now be led by co-founder Jonathan Levin, as Levin told TechCrunch, explaining that on Tuesday, its board of directors […]

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