Humain, the state-owned AI company from Saudi Arabia, is on track to launch a $10 billion venture fund, Humain Ventures, that will invest in startups in the U.S., Europe and Asia, The Financial Times reported, quoting Tareq Amin, Humain’s CEO. Humain is in talks with U.S. firms like Andreessen Horowitz, OpenAI and Elon Musk’s xAI […]
Humain planning $10B VC fund to invest in US, European and Asian startups Read More »
When Max Cohen and Cameron Behar set out to launch a startup together during the pandemic, they decided to focus on the most top-of-mind sector of the era: healthcare. But since neither Cohen nor Behar had a background in healthcare (both worked at Google and Facebook previously), they had to think long and hard about
Sprinter Health raises $55M to expand its at-home healthcare service Read More »
People are using AI video generation tools to contribute to an unexpected new viral trend: podcasts featuring AI-generated talking babies. And one of the companies helping artists do this is Hedra. The startup, launched in 2023, offers a web-based video generation and editing suite powered by its Character-3 model, which lets users make videos with
Hedra, the app used to make talking baby podcasts, raises $32M from a16z Read More »
Anysphere, the maker of AI-powered coding tool Cursor, has attracted $900 million in a fresh round of funding led by Thrive Capital, Financial Times reported, citing anonymous sources familiar with the deal. Andreessen Horowitz (a16z) and Accel are also participating in the round, which values Anysphere at about $9 billion, the report said. Earlier in
Anysphere, which makes Cursor, is reportedly raising $900M at $9B valuation Read More »
Storied Silicon Valley VC firm Andreessen Horowitz is backing a fledgling U.K. startup that’s setting out to “redefine” how AI is used to match companies with talent. Dex, as the startup is called, targets candidates and companies with various AI-powered recruitment smarts, including matchmaking and coaching, with a view toward improving retention in the long
A16z backs UK startup Dex to scale ‘AI talent agent’ and recruitment matchmaker Read More »
Andreessen Horowitz’s hiring spree continues. On Monday, Erik Torenberg announced that the giant VC firm had acquired his Turpentine podcast, with him joining as a general partner. Torenberg’s podcast focuses mostly on interviewing VCs at a variety of firms about their approach to investing. Recent guests include Accel’s Andrew Braccia, Seven Seven Six’s Alexis Ohanian,
a16z acqui-hires VC tech podcaster Erik Torenberg, who joins as new partner Read More »
In less than a year, Base Power has grown from a stealthy startup to one of the largest battery fleets in Texas. Now, the company has raised $200 million to fund a rapid expansion, including dozens more megawatt-hours of battery storage and plans for a domestic battery factory. The Series B round was led by
a16z backs Base Power in $200M round for home backup batteries Read More »
The venture capital firm is reportedly in talks to invest in TikTok as part of a bid led by Oracle and other American investors looking to buy out TikTok from ByteDance, according to the Financial Times. TikTok is once again slated to be banned in the US on April 5th unless its Chinese-based owner sells
Andreessen Horowitz is trying to nab a piece of TikTok with Oracle, report says Read More »
On Tuesday, Vice President JD Vance said that the Trump administration’s support of AI and tech innovations should benefit both populists and those investing and leading tech companies. “I think there’s too much fear that AI will simply replace jobs rather than augmenting so many of the things that we do now,” said Vance at
OpenAI’s flagship AI chatbot, ChatGPT, returned to solid growth in the latter half of 2024, according to a new report published on Thursday by VC firm Andreessen Horowitz (a16z). While it took ChatGPT nine months to grow from 100 million weekly active users in November 2023 to 200 million in August 2024, it’s now taken
ChatGPT doubled its weekly active users in under 6 months, thanks to new releases Read More »
