April 2025

OpenAI co-founder Ilya Sutskever’s Safe Superintelligence reportedly valued at $32B

April 12, 2025
Safe Superintelligence (SSI), the AI startup led by OpenAI’s co-founder and former chief scientist Ilya Sutskever, has raised an additional $2 billion in funding at a $32 billion valuation, according to the Financial Times. The startup had already raised $1 billion, and there were reports that an additional $1 billion round was in the works. […]

Trump exempts smartphones, laptops, and semiconductors from new tariffs

April 12, 2025
The Trump administration is carving out big tariff exemptions for the tech industry. While President Donald Trump said Wednesday that he would delay many of the market-shaking tariffs that he’d announced the previous week, he kept a universal baseline 10% tariff in place, while also increasing tariffs on Chinese goods to 125% (on top of […]

Week in Review: Jeff Bezos’ secret EV startup

April 12, 2025
Welcome back to Week in Review! We’ve got tons of cool stuff for your reading pleasure this week: Jeff Bezos backs EV startup Slate; a Meta whistleblower accuses the company of collusion; Waymo may use interior camera data; and much more. Let’s get to it! I want this: Slate, an EV startup, has the ambitious […]

The xAI–X merger is a good deal — if you’re betting on Musk’s empire

April 12, 2025
When Elon Musk announced that his AI startup, xAI, had acquired his social media company, X (formerly known as Twitter), in an all-stock deal, it raised some eyebrows. But in many ways, the deal made sense. xAI’s chatbot, Grok, was already deeply integrated with X, X was floundering financially, and Musk needed a way to […]

Forerunner’s long game: As startups stall before IPO, all options are on the table

April 12, 2025
Thirteen years ago, Forerunner Ventures began helping to usher in a new era of consumer startups, including Warby Parker, Bonobos, and Glossier. None has gone through a traditional IPO process. Warby Parker was taken public through a special purpose acquisition vehicle. Bonobos was acquired by Walmart. Glossier is still privately held, along with many other […]

Meta’s vanilla Maverick AI model ranks below rivals on a popular chat benchmark

April 11, 2025
Earlier this week, Meta landed in hot water for using an experimental, unreleased version of its Llama 4 Maverick model to achieve a high score on a crowdsourced benchmark, LM Arena. The incident prompted the maintainers of LM Arena to apologize, change their policies, and score the unmodified, vanilla Maverick. Turns out, it’s not very […]