While many top-tier venture firms continue to raise massively larger funds, Greylock Ventures, one of Silicon Valley’s oldest and most prestigious venture firms, is intentionally bucking the trend of increasing fund size. On Tuesday, the 61-year-old company announced it had raised an 18th fund of $1.5 billion. The figure is 50% higher than its previous
In a recent interview, Instagram head Adam Mosseri said he can see a time in the future, perhaps just a year or two, when it will be necessary to put limits on Meta employees’ spending of AI tokens. “I think you can imagine, at least in a year or two… that a strong engineer’s burn