Krystal Hu

scoop: Cruise co-founder Kyle Vogt's robotics startup, launched last May, is now valued at $2 billion in a round led by Greenoaks. Without released products, the Bot Company's building hardware & software for non-humanoid at-home robots, sources told us https://t.co/DY8odXLyGw https://t.co/HIQEoFG20j

Trump admin's impact on tech M&A is already playing out. Sources told us after the inauguration, Google felt confident a mega deal to buy Wiz would get approval within a year and sped up the talks. The chance of closing is 90% vs last year's 60%. https://t.co/CwmaiIrQnB https://t.co/2ZhA2HZOrx

Fastest valuation rise in startup history? Ilya Sutskever's SSI, founded last June, is in talks to raise new funding at >$20 bln, with no revenue, sources told me @kenrickcai @annatonger So curious to see what new mountain Ilya has identified this time https://t.co/OPpH5DS66p https://t.co/a9DuWOHZlR

Over 700,000 new U.S. users, self-IDed as "TikTok Refugees", flocked into another Chinese app Xiaohongshu (Rednote) in the past two days, sources told us. The app is working on new features to retain the users while keep up w/ moderating English content https://t.co/gpYGzqlmEl https://t.co/GE25kqMUqz

VC reporting in 2024: so many billions in one headline, and a $9.5 bln record round could still be 2x oversubscribed💸 Our latest on Databricks' high-profile funding with VCs and banks as it gets finalized next week--w/@kenrickcai @DEER_ECHO_ https://t.co/5XVFSKupu8 https://t.co/N4ZApQcvU3

One of the largest AI IPOs in 2025: CoreWeave, just valued at $23 bln in a secondary sale, is targeting a val of $35 bln in IPO, sources told @DEER_ECHO_ If happens, huge win for the few VCs (Nat Friedman & Daniel Gross) & many Wall Street PEs & Nvidia https://t.co/tFTgfjHmOa https://t.co/OzmoOtAiDE

As we heard more about the failed training runs in major AI labs, @annatonger & I wrote about the question on everyone's mind--It's been two years since GPT4. What's after the pre-training scaling law? Spoiler: Ilya has something to say about it Link: https://t.co/OdacVF1ZHP https://t.co/D6naafRfy0

Intel under Pat Gelsinger: amazing reporting by my colleagues who talked to >40 insiders to capture what went down at the American icon revealing details include he told Wall Street $INTC could hit $1 bln in AI chip sales when internal estimate was $500m https://t.co/8XzzdHFRVh

More AI startups by high-profile OpenAI alums: Former OpenAI CTO Mira Murati is building an AI startup and trying to raise money from investors. w/@annatonger https://t.co/VpclaEV8Xw

RT @chernandburn: Hey everyone: we're reporting that the AI chip startup Cerebras is likely to postpone its IPO due to CFIUS review delay o…

AI founders, it's time to check if you're on OpenAI's "dont' invest" list they told investors. w/@annatonger @kenrickcai https://t.co/seoI28GDB9

interesting @GreylockVC’s biggest check this year is leading a $35 million seed for @resolveai, which builds agentic systems to solve production issues for engineers, instead of code gen. Big seed but modest for a billion dollar fund in an AI frenzy year https://t.co/L4psqzgxq2

Weeks after ChatGPT's launch, Sam Altman told investors OpenAI could reach $1 billion in revenue by 2024 from zero then. This year, OpenAI is set to rake in $3.7 bln, expecting $11.6 bln next year, despite mounting losses, we confirmed NYT's reporting https://t.co/fi1hYxxVnK