Vijay Pande, founding partner of a16z bio and health strategy, steps down
Since its founding in 2014, a16z Bio+ Health has raised four funds of nearly $3 billion each, including a $1.5 billion fund that closed in 2022.
OpenAI pulls promotional materials around Jony Ive deal
OpenAI appears to have pulled a much-discussed video promoting the friendship between CEO Sam Altman and legendary Apple designer Jony Ive (plus, incidentally, OpenAI’s $6.5 billion deal to acquire Ive and Altman’s device startup io) from its website and YouTube page.
Others
AI storage platform Vast Data aimed for $25B valuation in new round, sources say
The AI-friendly data storage startup is raising capital at a giant leap in valuation.
Apple Intelligence: Everything you need to know about Apple’s AI model and services
Apple Intelligence was designed to leverage things that generative AI already does well, like text and image generation, to improve upon existing features.
Celebrating Juneteenth Isn’t Just for Black People. How Companies and Other Employees Benefit, Too.
Celebrating Juneteenth isn’t just the right thing to do — it’s a meaningful opportunity for companies and employees to foster inclusion, reflect on progress and strengthen workplace culture.
How My Old Job Secretly Prepared Me to Build a Thriving Business
The skills I learned are exactly what entrepreneurship demands.
Citigroup Is Giving Employees a Remote Work Perk This Summer: ‘A Quieter Time’
The bank says its hybrid work policy gives it a recruitment advantage.
YouTube says its ecosystem created 490k jobs and added $55B to the US GDP in 2024
YouTube’s impact report shows that the creator economy has continued to grow, despite less interest from venture capitalists.
Leaked JPMorgan Internal Survey Reveals Returning to the Office Hurt Morale
The internal survey linked declines in health and well-being scores to return-to-office mandates.
OpenAI releases o3-pro, a souped-up version of its o3 AI reasoning model
OpenAI has launched o3-pro, an AI model that the company claims is its most capable yet.
Bedrock Ocean dredges up $25M to map the seafloor with robots
Bedrock Ocean wants to use autonomous underwater vehicles to make mapping the seafloor faster and cheaper.