The players sometimes change. I sat down with four of Benchmark’s partners three years ago, and three of those individuals are no longer with the firm. The capital commitments have changed, too. This summer, Benchmark announced $2 billion across two funds, marking only the second time in its 31-year history that it has veered from
Sam Altman, the billionaire CEO of OpenAI, spends his days at the center of the AI revolution—but when it comes time to unwind, he’s just like millions of Americans who enjoy scrolling through TikTok before bed. “I happen to like short-form video,” Altman said this week in conversation with Salesforce CEO Marc Benioff. “I happen
Mecka AI, a startup that collects and analyzes human motion data to train humanoid robots and other robotics, is nearing a new round led by Sequoia Capital at a valuation of about $500 million, according to two people with knowledge of the deal. The new financing comes just three months after Mecka announced that it
But the uncovering of larger quantities at the beginning of August is what caught the attention of many people. Kiarie reckons as rumours spread, the number and size of the discoveries were exaggerated – drawing in ever larger groups of people with little or no mining experience who hoped to replicate the reported early successes.
