“We’re in this massive paradigm shift,” says Vince Hankes, the venture capitalist leading Thrive Capital’s investment in OpenAI. “And when that happens, historically, there have been new companies created that are worth a lot of money.”
Thrive Capital wasn’t an early investor in the generative AI standout—it didn’t buy in until 2023—but it’s made some of the biggest bets on the startup. It reportedly
Some recent developments suggest the beleaguered software group of stocks may be coming back into favor, as I noted a couple weeks ago following positive responses to both Snowflake and Elastic.
The interest in software is showing up again this week, with initiations and upgrades and downgrades on a raft of names.
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After a sprawling hacking campaign exposed the communications of an unknown number of Americans, U.S. cybersecurity officials are advising people to use encryption in their communications.
To safeguard against the risks highlighted by the
Last summer, Scott Wiener found himself in an uncomfortable position for any California Democrat: openly quarreling with Nancy Pelosi and garnering support from Elon Musk.
The reason for this strange bedfellows moment? SB 1047, a controversial bill Wiener introduced in the state senate that would have required developers of the most advanced AI models to mitigate the risk of “catastrophic harm” caused by their creations—and would have created new liabilities for those who fai
This week, Apple rolled out its first significant update to its Apple Intelligence platform since it was launched in October. The initial Apple Intelligence launch focused primarily on artificial intelligence-powered writing tools
If you’re one of the 170 million TikTok users in the U.S., it’s time to start making sure your account is properly secured and updated ahead of the impending January ban.
What’s going on with TikTok?
The Biden administration pushed through a bill earlier this yea
SpaceX is launching a new mission: making its Starbase site a new Texas city.
Billionaire Elon Musk‘s company on Thursday sent a letter to local officials requesting an election to turn what it calls Starbase—the South Texas site where SpaceX builds and launches its massive Starship rockets—into an incorporated city. Residents o
The surest sign a social media platform is winning: when Meta starts cribbing notes from it.
Stories only arrived on Instagram in 2016 after Snapchat proved the ephemeral concept had some heat. Reels launched on Instagram in 2020 and Facebook and
The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s
DoorDash will require its drivers to verify their identities more often as part of a larger effort to crack down on unauthorized account sharing.
DoorDash has been under pressure to ensure its drivers are operating legally. Over the summer, for example, it pledged to do a better job identifying and removing dangerous drivers aft