Sequoia’s Shaun Maguire leads $1B round for nuclear startup Valar Atomics
Valar Atomics raised $1 billion at a $6 billion valuation after signing a development deal with Nvidia in June.
The Download: open model trade-offs and geothermal power’s promise
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Open models have real benefits. Do they outweigh the risks? Anthropic recently released a report arguing that a powerful new model released by the Chinese company Z.ai, poses a major cyberattack…
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Base Power raises another $1B to save the grid using backyard batteries
Base Power’s $1 billion round will help the startup ramp production of its home batteries.
Congress’s favorite AI tool? ChatGPT
House spending records show OpenAI’s ChatGPT dominates paid AI use on Capitol Hill, with congressional offices relying on the chatbot to draft memos, summarize legislation, and assist constituent communications.
Wispr Flow is preparing to launch a meeting notetaker, updated terms suggest
Wispr Flow’s new terms of service indicate it will introduce a notetaker that generates meeting summaries and action items.
Why Executive Roles Are Getting Harder to Land (and What to Do About It)
The executive job market has shifted in ways most senior leaders aren’t prepared for. Here’s what’s changed and how to adapt.
OpenAI Exec Says Job-Seekers Should Stop Following This Common But ‘Bad Advice’
OpenAI’s chief economist goes against conventional career advice.
Nearly 720,000 People Stopped Working or Looking for Work in a Single Month. Here’s What’s Behind It.
It’s the biggest one-month drop in prime-age labor force participation since 1976, excluding the pandemic.
This 24-Year-Old Hedge Fund Prodigy Was Called the ‘Nostradamus of AI’— He Didn’t See a 73% Drop Coming.
Leopold Aschenbrennerm raised $100 million to launch the fund in 2024. This week he sold $20 billion in stock to survive.
This Former Coinbase CTO Spent Millions Building a Utopia for Tech Founders. Then Malaysia Shut It Down.
Balaji Srinivasan left Silicon Valley to create an alternative tech community. Residents complained of moldy rooms and not enough women.
Horizon3 hits $2 billion valuation with $250M Series E as AI threats escalate
Cybersecurity startup Horizon3 raised $250 million at a $2 billion valuation as companies want continuous, AI-powered security validation instead of annual pentesting.