Sri Muppidi

I’ve spent the last few days at March Capital’s Montgomery Summit. The mood was pretty buoyant: preparations to go public by startups such as CoreWeave were stoking excitement among venture capitalists and their backers, who have been waiting three years for exits that can return their ...

Early OpenAI investor Vinod Khosla warned that most investments in artificial intelligence will lose money, particularly as more investors jump into the market, funding more startups. But he said some companies would grow to be worth hundreds of billions—and eventually trillions—of dollars and ...

You don’t have to look far to find examples of artificial intelligence startups fetching wild valuations, as some in-the-works deals for robotics and startups founded by OpenAI alumni have shown. But such examples obscure changes in how investors are valuing AI startups. The biggest developers ...

Stripe is considering arranging a sale of shares held by employees that would value the company at $85 billion or more, according to a person who has spoken to the company. The transaction would extend a series of share buybacks, secondary sales and fundraises that have lifted the payments ...

Investors are warming to fintech startups after a spike in interest rates made these once-hot companies look overvalued. Mercury, a business banking startup whose profile soared after the collapse of Silicon Valley Bank nearly two years ago, is in talks to raise more capital, targeting about ...

Investors in artificial intelligence startups have been wowed by the growth of many young AI startups, which are hitting revenue milestones years earlier than a previous generation of software companies did. But they are worried many of those startups won’t be able to hang on to this phenomenal ...

Zyphra, a Palo Alto, Calif., developer of open-source models that can be downloaded to devices like phones or home entertainment devices, is in talks to raise $100 million in Series A funding at a $1 billion valuation, according to a person close to the company. Returning investor Metaplanet, which manages investments for Skype founding engineer Jaan Tallinn, is in talks to lead the latest

Global investments in startups rose 5% to $368.5 billion last year after falling the prior year, according to PitchBook. Investments are down sharply from a high of $751.5 billion in 2021. At the same time, the number of startup investments fell 18% to 35,686 last year, the lowest since 2017. The number of venture funds raised and the number of startup exits through sales or public offerings

In the fall, a Miami-based firm called Sand Hill Road Technologies Fund offered its customers a hot opportunity: a chance to invest in SpaceX, which was arranging a deal for employees to sell some of their shares. ButSand Hill’s prospective investors, wealthy individuals whom the fund reached ...

Forward, a startup that raised $400 million to operate artificial intelligence-powered “doctor in a box” healthcare stations, is shutting down effective Tuesday, according to a person close to the company. All of its nearly 200 employees will lose their jobs, the person said. The San Francisco ...