Key Stable Diffusion Researchers Leave Stability AI
Robin Rombach and a group of key researchers that helped develop the Stable Diffusion text-to-image generation model have left the troubled generative AI startup.| Forbes
Robin Rombach and a group of key researchers that helped develop the Stable Diffusion text-to-image generation model have left the troubled generative AI startup.| Forbes
In 2020, Adam Neumann’s family office became a lead investor in real estate tech company Alfred. Less than two years later, the ex-WeWork CEO announced a new venture, Flow, with $350 million in funding.| Forbes
Revenue from Chinese giant ByteDance’s short video app leapt up 38% to $6.3 billion last year in Europe even as it faces the threat of being banned in the United States.| Iain Martin
The owner of the social media subscription site best known for hosting adult content has now earned over $1.8 billion in dividends since buying the website in 2018.| Iain Martin
John Doran, who led TCV's European investments, has relocated to the Bay Area to bolster the $22 billion growth equity fund’s team.| Iain Martin
xAI published conversations with Grok and made them searchable on Google, including a plan to assassinate Elon Musk and instructions for making fentanyl and bombs.| Forbes
The Instagram-linked application has soared to the top of App Store downloads with its promise of anonymous messaging, after earlier apps were plagued by cyberbullying and harassment.| Forbes
Antitrust pressure killed Adobe's $20 billion takeover for design startup Figma. Its cofounder Dylan Field floated the business on NYSE at nearly the same valuation.| Iain Martin
Bay Area-based Replit helps turn written instructions into working apps and websites has just raised a $250 million round at double its last valuation.| Forbes
Now that the AI clickworker startup Invisible Technologies is wildly successful, its founder and CEO is buying out his VCs – and is borrowing against the company to do so.| Forbes
Stockholm-based Lovable hit over $100 million in annualized revenue in just eight months by using AI to enable millions of non-coders to instantly turn their ideas into websites, apps and online side hustles.| Forbes
The Stockholm-based startup has raised $200 million at a $1.8 billion valuation in a round led by Accel as competition among AI-assisted code writing companies grows.| Forbes
The former Coatue and Benchmark investor is back with a new $175 million fund to back a new generation of artificial intelligence startups like Perplexity and Harvey AI.| Forbes
Former General Catalyst partner Adam Valkin has joined Eric Reiner's Vine Ventures to back a new crop of Israeli startups.| Iain Martin
EQT Shakes Up Venture Team As It Heads To New York| Iain Martin
Nik Storonsky built a $7.9 billion fortune cofounding digital bank Revolut. Now he’s building a network of high-end rental properties in Spain, Brazil and the Dominican Republic.| Iain Martin
The Scale AI cofounder’s second startup Passes banned creators under 18 ahead of being sued for allegedly hosting child sexual abuse material, which Guo has denied.| Forbes
Women of the City looked like a glossy fashion magazine. But 11 alleged victims said that after promising them a platform, WOTC absconded with their money.| Forbes
Cash, land and cheap renewable energy were key parts of the kingdom’s pitch to become a “global hub for AI” at its annual ‘Davos in the desert” summit.| Forbes
AI startup Sana just raised $55 million at a $500 million valuation to help companies make sense of their data, and build their own artificial intelligence agents.| Forbes
The so-called stablecoin has bankrolled German bitcoin miner Northern Data’s pivot to powering AI startups with a purchase of 10,000 of Nvidia’s top of the line AI chips.| Forbes
Investors are always encouraging startups to push the innovation envelope. General Catalyst’s Hemant Taneja is applying that advice to his own firm.| Forbes
The Midas List returns for its 24th year with another definitive ranking of the 100 best tech investors in the world.| Forbes
Saudi Arabia launched a new state-backed AI company ahead of President Donald’s Trump state visit to the Kingdom.| Forbes
The bank, which bought fintech startup Frank in 2021, claims its founder invented millions of customers to close the deal. Now she stands trial on federal fraud charges.| Forbes
The European Union is writing a $56 million check for researchers to build a large language model to rival its American and Chinese competitors.| Forbes
The Bolt founder claimed a group of investors had signed off on the company’s chaotic $450 million raise, but some said they hadn’t. Now, BlackRock and other investors have moved to stall the round.| Forbes
The billionaire cofounder of payments startup Bolt Financial is suing the developer of his previously undisclosed crypto crowdfunding platform Movement, claiming he stole millions of dollars.| Forbes
A quirky gaggle of startups that host and rent the chips that power AI tools have gone on a fundraising spree over the last year.| Forbes
Helsing built a $4.5 billion business on a pledge to transform Europe’s militaries with software, not hardware.| Forbes
The former billionaire stunned investors with a plan to raise $450 million for his payments startup at a $14 billion valuation. The main investor, Silverbear Capital, claims never to have spoken with Breslow or Bolt.| Forbes
Victoria Secret's billionaire Les Wexner has made a $800 million windfall from a seed check into the AI cloud startup CoreWeave which is now valued at $19 billion.| Forbes
The Anduril founder has sued the construction company who led a $2.5 million project to turn the property next to his Newport Beach, California, home into a giant garage.| Forbes
The only startups to benefit from Gaia’s pitch were members of the program’s first cohort, who received the Saudi government grants and just a fraction of the investme...| Forbes
AMD's CEO orchestrated one of the great turnarounds in Silicon Valley history, driving the dying semiconductor maker's stock price up nearly 30-fold in less than a decade. Now she's preparing for battle in the coming AI revolution—and she expects to keep winning.| Forbes
The Himalayan kingdom confirmed it has been running a bitcoin mining operation as mystery surrounds the scale of its earlier cryptocurrency investments.| Forbes
