Silicon Valley has long celebrated the college dropout. Now some of its biggest names are backing an educational institution of their own. The Horowitz Andreessen Academy has raised $42 million and recruited prominent tech figures as instructors, guest speakers, and mentors. Venture-capital firm Andreessen Horowitz, better known as A16z, is backing the Horowitz Andreessen Academy,
Not being able to invest in OpenAI may have worked out perfectly for Salesforce. On an episode of the Sources Podcast published Tuesday, Marc Benioff told host Alex Heath that he originally wanted Salesforce to invest in OpenAI. Instead, the company backed its rival Anthropic, a decision the Salesforce CEO now thinks could be worth
Nvidia has been in talks to acquire Hugging Face, the popular AI platform for sharing and building with open-source models, in what could be one of the chip giant’s biggest deals yet. The two parties have had acquisition conversations in recent weeks about a deal that would value Hugging Face at more than $13 billion,
Jensen Huang is feeling spendy. In the span of a few weeks, the Nvidia CEO has committed billions to deals and investments — with more potentially right around the corner. The spending spree shows how far Nvidia is expanding beyond chips and raises a bigger question: how much of the AI ecosystem does it want
The latest multi-billion dollar AI startup isn’t for writing code or generating images. It’s for answering your landlord. New York-based property and housing management company EliseAI is in talks to raise a new round of funding at a $3.7 billion valuation, including $300 million in financing. Andreessen Horowitz and Bessemer Venture Partners are in talks
Stripe’s multi-billion-dollar pursuit of AI model marketplace startup OpenRouter isn’t just creating one of the biggest AI acquisitions of the year; it’s minting venture capital firms’ speedy wins. Andreessen Horowitz and Menlo Ventures are poised to turn investments made less than two years ago into payouts worth nearly $2 billion combined if Stripe acquires the
