Tech
Larry Ellison withdraws $7.5 billion Oracle stock sale
Larry Ellison, Oracle’s co-founder and executive chairman, has called off a previously announced initiative to sell a substantial…
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Tech
Insight Partners pursues diversification amid AI investment surge
Insight Partners doubles down on diversified investing as AI boom tests venture discipline At the StrictlyVC event in…
Tech
Sam Altman says OpenAI unlikely to go public in 2026
CEO Sam Altman has confirmed that OpenAI will not be pursuing an initial public offering in 2026, calling…
Tech
Automattic reinstates Mullenweg as CEO after board dispute
After a brief period away from his usual role, Matt Mullenweg, founder of WordPress, has returned as CEO…
Tech
Khosla Ventures to open first New York office this fall
This fall, Khosla Ventures will establish a presence outside California’s iconic Sand Hill Road for the first time,…
Tech
Mecka AI approaches $500M valuation in Sequoia-led funding
According to sources familiar with the ongoing discussions, Mecka AI is negotiating a new funding deal, with Sequoia…
Tech
Nvidia CEO Jensen Huang outlines 70 percent growth forecast for 2025
Jensen Huang, CEO of Nvidia, anticipates the company’s fast-paced revenue surge—spurred by increasing demand for AI hardware—will extend…
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Collaborative Fund increases investments in pro sports ownership
With roughly $1 billion in assets under management, Collaborative Fund, headquartered in New York, has declared a new…
Tech
Automattic CEO Matt Mullenweg placed on leave by board
Matt Mullenweg, founder of Automattic, has been removed as CEO by the company’s board, placed on paid leave,…
Tech
Listen Labs drops $1.5B funding to pursue Salesforce deal
According to various sources close to the discussions, Listen Labs, a top firm in the voice AI market…