Laura Mandaro

OpenAI CEO Sam Altman said the company envisions needing to work with the executive branch of the government in areas such as preventing bioterrorism once AI superintelligence is achieved. “If the premise is that something like this will be difficult for society to adapt to in the ‘normal way,’ we should also not expect typical regulation to be able to do much either,” he said in a blog post

Andreessen Horowitz is raising $10 billion for several funds that would give it more firepower to make investments in artificial intelligence startups and increase its stakes in startups it’s previously backed, the Financial Times reported. The firm, which has been one of the most active investors in AI startups over the last two years, is seeking to raise about $6 billion to invest in more

OpenAI has bought investing app startup ROI and hired its CEO and co-founder, Sujith Vishwajith, to join its technical staff, a spokesperson for the ChatGPT maker said. ROI said it will shut down the app. Since ChatGPT’s early days, financial firms such as J.P. Morgan and Morgan Stanley have used the AI-powered chatbot to answer employees’ financial questions, and consumers use it for all

After explosive growth, a generation of beauty brands that blew up on TikTok over the past few years seemed at risk of stalling out. Startups selling lip gloss and body creams lined up bankers last year, hoping for sales to larger consumer product companies. Then few of those deals actually ...

President Donald Trump said he was dealing with “four different groups” of potential buyers for TikTok. “A lot of people want it and it’s up to me,” he told reporters on Air Force One Sunday. Trump didn’t elaborate on who the potential buyers are. Some groups, such as one led by former Dodgers owner Frank McCourt, have said publicly they are interested in acquiring the U.S. assets of TikTok

ServiceNow is close to buying Moveworks, a 9-year-old startup that sells artificial intelligence to handle IT support tickets, for $3 billion, according to a person familiar with the deal talks. The deal, if struck, would be a departure for ServiceNow, which has stuck to smaller acquisitions like its 2020 purchase of Element AI, a startup co-founded by AI pioneer Yoshua Bengio, for a reported

Bluesky, an alternative to Elon Musk’s X, is in talks to raise money at a $700 million valuation in a round led by Bain Capital Ventures, Business Insider reported. The new funding, if completed, would follow a jump in users after Musk successfully campaigned for Donald Trump in last year’s presidential election, turning off some X users. Three-year-old Bluesky, started as a side project of

Ben Horowitz told employees at the venture capital firm he co-founded that he planned to donate to Vice President Kamala Harris’ run for president, an about-face from his own position–and that of his co-founder Marc Andreessen—to support former President Donald Trump. In a note to staff, which he posted on Twitter , Horowitz said he and his wife Felicia had known Harris for more than a

Lightspeed Venture Partners is raising money for three new funds that could total around $7 billion, according to a person who has discussed the fundraising with the firm’s partners. It’s the latest firm seeking to raise billions after a period when institutional investors pulled back from ...

For creators, getting paid comes a close second in importance to reaching fans. But we don’t often get an inside look at how the payments—from tips to subscriptions—happen. That’s why our colleague Michael Roddan’s reporting on Stripe earlier this week is a must read.Fintech companies like ...