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Independent reporting on venture and startups; covers big tech/startup M&A and deal rumors.

What the Heck Is Happening at OpenAI? Our Bonkers Monday Cliff Notes
NewsApr 6, 2026

What the Heck Is Happening at OpenAI? Our Bonkers Monday Cliff Notes

OpenAI has been in the headlines all week, with rapid leadership changes, a board dispute, and a wave of new product announcements. The company announced a new multimodal model, OpenAI‑5, and rolled out a paid API tier for enterprise customers....

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Anthropic Buys Stealth Dimension-Backed Coefficient Bio in $400M+ Stock Deal
NewsApr 3, 2026

Anthropic Buys Stealth Dimension-Backed Coefficient Bio in $400M+ Stock Deal

Anthropic has acquired stealth biotech startup Coefficient Bio in a stock transaction valued at just over $400 million. Coefficient Bio, founded eight months ago, develops AI models aimed at accelerating biological research and pursuing artificial superintelligence for science. The deal brings...

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SCOOP: Y Combinator Startups Land Checks, Gather Hype as Neo & Others Vie for Talent
NewsApr 2, 2026

SCOOP: Y Combinator Startups Land Checks, Gather Hype as Neo & Others Vie for Talent

Y Combinator’s Winter 2026 demo day drew vigorous venture‑capital interest despite lingering criticism of the accelerator’s valuation. The cohort showed a marked shift away from generic ChatGPT‑wrapper concepts toward enterprise‑grade AI infrastructure, industry‑specific tooling for law and finance, and robotics...

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CEOs of LiveKit, Deepgram, Cartesia, Wispr Flow & More Join the Lineup for the First Cerebral Valley Voice Summit
NewsApr 2, 2026

CEOs of LiveKit, Deepgram, Cartesia, Wispr Flow & More Join the Lineup for the First Cerebral Valley Voice Summit

The Cerebral Valley Voice Summit, scheduled for next month, is expanding its roster with eight new high‑profile speakers, including CEOs of LiveKit, Deepgram, Cartesia, and Wispr Flow, as well as partners from Andreessen Horowitz and Lux Capital. The agenda now...

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Coatue Projected $1.995 Trillion Valuation for Anthropic in 2030
NewsMar 30, 2026

Coatue Projected $1.995 Trillion Valuation for Anthropic in 2030

Coatue Management disclosed a projection that AI safety startup Anthropic could reach a $1.995 trillion valuation by 2030. The firm’s model shows a $14 billion EBITDA loss on $18 billion revenue in 2026, rising to $48 billion EBITDA on $200 billion revenue by 2031. Recent...

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VC Returns Revealed: Bessemer India’s Slow-Build Strategy Put to the Test
NewsMar 25, 2026

VC Returns Revealed: Bessemer India’s Slow-Build Strategy Put to the Test

Bessemer Venture Partners has shifted from a modest, global‑fund‑backed approach in India to launching dedicated funds—a $220 million vehicle in 2021 and a $350 million fund slated for 2025. Over 15 years the firm committed $774 million to Indian startups, generating $683 million in cash...

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VC RETURNS REVEALED: Recent Thrive & Notable Funds in a League of Their Own at UTIMCO
NewsMar 18, 2026

VC RETURNS REVEALED: Recent Thrive & Notable Funds in a League of Their Own at UTIMCO

UTIMCO’s latest disclosures reveal that several recent venture funds have generated extraordinary internal rates of return, driven largely by AI‑focused investments. Thrive Capital’s 2022 fund posted an IRR above 126% thanks to stakes in OpenAI, Cursor, Ramp and Base Power,...

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Cursor Weighs Fresh Fundraise as Debate Rages on Coding Firm's Prospects
NewsMar 12, 2026

Cursor Weighs Fresh Fundraise as Debate Rages on Coding Firm's Prospects

Cursor, the AI‑powered coding assistant, is reportedly exploring a fresh financing round as the startup navigates mixed signals about its long‑term viability. The company, backed by investors such as Andreessen Horowitz and Sequoia, aims to capitalize on surging demand for...

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EXCLUSIVE: Ex-A16z Partner Michelle Volz Launches Pax Ventures with $50 Million First Fund to Bet on 'Industrial-Scale Markets'
NewsMar 9, 2026

EXCLUSIVE: Ex-A16z Partner Michelle Volz Launches Pax Ventures with $50 Million First Fund to Bet on 'Industrial-Scale Markets'

Former Andreessen Horowitz partner Michelle Volz has launched Pax Ventures, a new venture fund with a $50 million first close. The fund targets “industrial‑scale” markets, backing startups that reinvent America’s manufacturing, defense, and critical materials sectors. Volz has already seeded deals...

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