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Drive Capital’s second act – how the Columbus venture firm found success after a split
The venture capital world has always had a hot-and-cold relationship with the Midwest. Investors rush in during boom times, then retreat to the coasts when markets turn sour. For Columbus, Ohio-based Drive Capital, this cycle of attention and disinterest played out against the backdrop of its own internal upheaval several years ago — a co-founder split that could have ended the firm but may have ultimately strengthened it.
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Google inks its first fusion power deal with Commonwealth Fusion Systems
Google will invest in Commonwealth Fusion Systems and buy 200 MW of electricity from its forthcoming power plant.
Spotify revamps its Discover Weekly playlist after ten years
Spotify is making Discover Weekly more customizable by genre.
Why AI will eat McKinsey’s lunch — but not today
Navin Chaddha, who leads the 55-year-old Silicon Valley venture firm Mayfield as its managing director, is betting big on AI’s ability to transform people-heavy industries like consulting, law, and accounting. But as he acknowledged at TechCrunch’s StrictlyVC evening in Menlo Park, Ca., recently, where Chaddha played co-host, disrupting services businesses where human relationships and trust […]
OpenAI reportedly ‘recalibrating’ compensation in response to Meta hires
With Meta successfully poaching a number of its senior researchers, an OpenAI executive reportedly reassured team members Saturday that company leadership has not “been standing idly by.”
Trump says he’s found a buyer for TikTok
A group of “very wealthy people” is set to buy short-form video app TikTok, according to President Donald Trump.
With ‘F1’, Apple finally has a theatrical hit
Looks like Apple has its first bona fide box office hit.
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Authors call on publishers to limit their use of AI
An open letter from authors including Lauren Groff, Lev Grossman, R.F. Kuang, Dennis Lehane, and Geoffrey Maguire calls on book publishers to pledge to limit their use of AI tools, for example by committing to only hire human audiobook narrators.