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TM
techmeme

Ex-Biden officials deny Marc Andreessen's claims that they discussed secret plans to ban AI startups at a May 2024 White House meeting, pushing him toward Trump (Politico)

industry
2 days ago▲ 24
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rss

AI research startup Listen Labs scrubbed a $1.5B funding round for Salesforce talks

techcrunchindustryAI
3 days ago▲ 44
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TM
techmeme

Poseidon Aerospace, which plans the first test flight of its pilotless cargo plane by year-end, raised a $60M Series A led by TQ Ventures, after an $11M seed (Sean O'Kane/TechCrunch)

industry
5 days ago▲ 24
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TM
techmeme

Source: Betaworks has a 5.5% stake in Hugging Face, worth ~$650M at its $11.9B acquisition price for stockholders; A.Capital says it could bag $1.5B on the sale (Yuliya Chernova/Wall Street Journal)

industry
8 days ago▲ 24
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TM
techmeme

Sources: Index Ventures dropped plans to invest in AI assistant Town after Instinct, which Index is backing, complained about a potential conflict of interest (Alex Konrad/Upstarts Media)

industry
9 days ago▲ 24
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TM
techmeme

Sources: PayPal has paused plans to sell its VC portfolio for $900M-$1B after bids came in lower than hoped, months after deciding to wind down PayPal Ventures (Axios)

industry
9 days ago▲ 24
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