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1 week ago | 
theinformation.com | Sri Muppidi
An earlier version of this column incorrectly stated Thrive Capital has used the option of investing in the latest OpenAI round at the last round’s valuation. While it has that option, Thrive invested in the round with the same terms as the other investors, said a person close to the fundraise. An edited version of the rest of the column follows.
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1 week ago | 
theinformation.com | Sri Muppidi
Startups whose products evaluate artificial intelligence to make sure it isn’t making things up or delivering unsafe results, like Patronus and Braintrust, have caught the attention of investors. But previously undisclosed sales data from these and other startups selling evaluation software show corporate customers have been relatively slow to buy such tools. Take Weights & Biases, an eight-year-old startup that CoreWeave agreed to acquire for more than $1 billion last month.
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1 week ago | 
flipboard.com | Sri Muppidi
5 hours agoArtificial intelligence is scaling at an unprecedented speed. As major tech companies roll out AI-integrated products at an ever-accelerating speed, the technology is seeping deeper into every day life. And as the tech world makes strides in generative and agentic AI and more, we are getting closer …
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2 weeks ago | 
theinformation.com | Sri Muppidi
Source: The InformationCato Networks, an Israel-based seller of network security software valued at $3 billion in September 2023, has talked to potential investors about raising funding that could value it at $4.5 billion before the investment, according to a person with direct knowledge of the discussions.
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2 weeks ago | 
theinformation.com | Sri Muppidi
Glean, a developer of search chatbots for businesses, is in talks with investors to potentially raise hundreds of millions of dollars in new financing, including money to buy out employee shares in a tender offer, according to two people familiar with the discussions.
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3 weeks ago | 
theinformation.com | Sri Muppidi
President Donald Trump’s decision to impose big tariffs on imported goods may feel like an issue for supply chain managers or chip developers. But the stock market’s decline today shows that all markets are interconnected. For venture capital, the impact may be more indirect.
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4 weeks ago | 
theinformation.com | Sri Muppidi
Just as artificial intelligence has helped programmers slash the time it takes to write code, hackers are also finding it’s a productivity boon. The increased number of threats, along with risks from companies’ adoption of AI, has helped some cybersecurity startups grow more quickly. Take Chainguard, a startup developing software to detect security vulnerabilities in open-source software, including the technology powering popular AI models such as Meta Platforms’ Llama models.
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4 weeks ago | 
flipboard.com | Sri Muppidi
NowThings Are Bad At Tesla. They’re About To Get Much Worse. The EV company’s sales are tanking in all major markets as its Chinese rivals are surging. But Tesla’s problems are just beginning. Tesla is in a world of hurt. Sales in California, its main market in the U.S., plummeted 31% in January from a year ago.
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1 month ago | 
theinformation.com | Sri Muppidi
TikTok bidders are trying to get their ducks in a row as President Trump’s April 5 deadline to find a buyer for TikTok’s U.S. operations approaches. That means making sure they have a cloud firm lined up to keep TikTok running after a sale. Those interested include smaller investor groups who want to run the app and leverage the TikTok brand, but don’t have any of their own cloud computing resources.
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1 month ago | 
theinformation.com | Sri Muppidi
Source: The InformationOpenAI has told some employees the company may cut the price of ChatGPT’s premium subscription in India to as low as several dollars a month, 75% to 85% less than the $20 per month it charges customers in the rest of the world. This price is high relative to the country’s median monthly salary. OpenAI plans to reach 1 billion daily active users by the end of this year, and growth in India is important to reaching that goal, according to a person who saw the plans.
