Forbes Tech retweeted
New: Khosla Ventures' Keith Rabois is in talks to lead a $100 million funding round into buzzy defense tech Mach Industries.
Big vote of confidence for the LA-based startup, that could value it as high as $400M. forbes.com/sites/davidjeans/…
Forbes Tech retweeted
🚨NEW🚨 Trump's China tariffs look set to make his immigration mission much more expensive.
Massive ICE and CBP tech contractors like Axon and Cellebrite are both expecting increased costs, Axon warning of a potential price hike for customers.
forbes.com/sites/thomasbrews…
Forbes Tech retweeted
AI agents that can open up accounts and make purchases are worsening the internet's bot problem. $2 billion-valued startup Persona is helping 3000 companies like Reddit, LinkedIn and OpenAI verify millions of users and has raised $200 million to do it.
forbes.com/sites/rashishriva…
Forbes Tech retweeted
Scoop: Accel is leading a $275 million funding round into defense tech startup CHAOS Industries — just months after backing a previous round.
The round values CHAOS, which makes radar and communications tecchnologies, at $2 billion. forbes.com/sites/davidjeans/…
Forbes Tech retweeted
New: Among those leading Elon Musk's DOGE effort at the Pentagon is Justin Fulcher, a telehealth startup founder with a degree in terrorism studies.
Like other DOGE employees, he's got impressive tech chops. But other parts of his story don't add up.
forbes.com/sites/davidjeans/…
Forbes Tech retweeted
Companies like OpenAI and Perplexity have made claims that their AI search engines will help publishers drive traffic to their sites. But new data shows AI search engines send 96% less referral traffic than traditional Google search. With @richardjnieva.
forbes.com/sites/rashishriva…
Forbes Tech retweeted
Scale AI cofounder Lucy Guo' startup Passes banned creators under 18 ahead of being sued for allegedly hosting child sexual abuse material, which Guo has denied.
forbes.com/sites/iainmartin/…
Forbes Tech retweeted
New from @RashiShrivast18 and me: AI-powered search engines from companies like OpenAI and Perplexity send 96% less referral traffic to publishers than traditional web search, according to a new report. forbes.com/sites/rashishriva…
Forbes Tech retweeted
Partners leaving blue-blood firms. Debut funds raising hundreds of millions.
There's a new guard in venture capital. And it's no better embodied than by Sarah Guo's AI firm Conviction, which has tapped Mike Vernal as a partner in its $230M second fund.
I dove in for @forbes.
Forbes Tech retweeted
Exclusive: As a kid, Pukar Hamal fled Nepal with his family. Now he runs SecurityPal, a startup helping tech standouts like Figma and OpenAI close big sales.
And his Bay Area startup is back hiring in Nepal, with a big goal: building 'Silicon Peaks.'
forbes.com/sites/alexkonrad/…
Forbes Tech retweeted
Exclusive: Kareem Amin spent years in pursuit of the biggest possible idea for his startup, Clay. But it was by narrowing focus that he found product market fit.
Now Clay has raised $40M at a $1.3B valuation for its AI-assisted go-to market software.
forbes.com/sites/alexkonrad/…
Forbes Tech retweeted
New: Saronic, which hopes to deploy a fleet of autonomous boats for the U.S. military, is in talks to raise $500 million at over $3B val — just months after raising funding at a unicorn valuation.
forbes.com/sites/davidjeans/…
Forbes Tech retweeted
Exclusive: Y Combinator partner Surbhi Sarna has raised $30 million for a new startup, Collate, looking to bring AI to tedious paperwork for life sciences companies.
@amyfeldman and I spoke to Sarna, who previously sold nVision Medical, for @forbes.
forbes.com/sites/alexkonrad/…
Forbes Tech retweeted
News: When Anthropic's funding round at a $60B valuation goes through, all 7 of its cofounders will become billionaires.
@_pheebini and I looked at filings and spoke to sources for @Forbes. We determined that each still owns about 2% of the AI unicorn.
forbes.com/sites/alexkonrad/…
Forbes Tech retweeted
Attention, VCs! Your favorite time of the year is here: submissions for the 24th annual Midas List of the world's top investors are now open through January 28.
Not too late to push through one more casual portfolio acquisition, maybe a quick IPO.
forbes.com/sites/alexkonrad/…
Forbes Tech retweeted
New: As Silicon Valley leaders decry ‘wokeism,’ I profiled a group called New Founding that says it's at the center of a Christian-MAGA-tech movement building a new blueprint for VC.
And Marc Andreessen is in. forbes.com/sites/davidjeans/…
Forbes Tech retweeted
As shares of ServiceTitan traded up 42% in its first day of trading for a market cap of $8.9 billion, CEO Ara Mahdessian and cofounder Vahe Kuzoyan spoke to @richardjnieva and me about the IPO process.
“The water feels great,” Kuzoyan told @forbes.
forbes.com/sites/richardniev…
Forbes Tech retweeted
"Patriotism, ego, access." "A reverse 'New Deal.'" "A chance to see change."
I spoke to a few early applicants to DOGE, the incoming agency led by Elon Musk and Vivek Ramaswamy. From CEOs to college coders, they said they're willing to drop everything to move to D.C. full-time.
Forbes Tech retweeted
AI startup leaders and VCs are optimistic that the incoming Trump administration will lead to lighter regulations and the return of real acquisitions, not "contorted" ones.
I spoke to a bunch of them with @sarahNemerson and @RashiShrivast18 for @forbes: forbes.com/sites/sarahemerso…
Forbes Tech retweeted
New: Trump's win is being heralded as a big win for Silicon Valley's defense tech ambitions — thanks to Elon Musk. forbes.com/sites/davidjeans/…